This episode explores the burgeoning medical device market in South and Southeast Asia, a key segment of the high-growth APAC region. We analyze the market size, key drivers like government policy and digital transformation, and the immense potential of powerhouse nations like India and the unified ASEAN bloc. We also dissect the primary challenges, from regulatory fragmentation to pricing pressures, offering a clear view of what it takes to succeed in this dynamic frontier.
Key Questions:
• How large is the Asia-Pacific medical device market and what is its projected growth by 2032?
• What makes India a powerhouse in the South Asian medtech landscape?
• What is the significance of the ASEAN Medical Device Directive, established in 2015, for market entry?
• What are the primary challenges, from regulatory hurdles to pricing pressures, in the region?
• Why is a "local production" strategy becoming critical for success in Asia?
• Which technological trends, like AI and telehealth, are driving innovation?
• How is India's National Medical Device Policy of April 2023 shaping the future of the industry?
• Which Southeast Asian nations are emerging as key growth markets?
Ready to turn these insights into your competitive edge? Pure Global’s regulatory experts guide MedTech companies through every step of 30+ markets worldwide. Explore how we can accelerate your market entry at https://pureglobal.com or email [email protected] for tailored support.