MALAYSIA is set to host the first-ever Asian International Medical Technology Exhibition and Conference (Asian Medtec 2024) this December.
The announcement was made by Health Minister Datuk Seri Dr Dzulkefly Ahmad, who highlighted the event’s role in showcasing groundbreaking innovations and solidifying the country’s reputation as a preferred destination for medical device manufacturing and supply chain activities.
“It will also foster collaboration among key government agencies to cultivate a world-class ecosystem for medical technology within Malaysia,” stated Dr Dzulkefly after officiating the soft launch of Asian Medtec 2024 today.
Managed by the Medical Device Authority (MDA), Asian Medtec 2024 is poised to serve as a launchpad for cutting-edge advancements in medical technology.
Dr Dzulkefly also noted the event’s potential to foster collaboration among key government agencies, paving the way for the development of a world-class ecosystem for medical technology within Malaysia.
“Asian Medtec 2024 would strengthen Malaysia’s position as a key hub for medical technology development in Asia, as it has captured 8-10% of the total global market share of US$536 bil (RM2.56 tril).”
In 2023 alone, the medical device sector contributed RM15.1 bil to Malaysia’s economy, creating over 80,000 jobs since 2010, according to him.
Moreover, MDA CEO Dr P Muralitharan outlined ambitious economic targets for the medical device industry, aiming to contribute RM20 bil towards the country’s economy in 2024.
“MDA aims for Malaysia to garner 15% of the global market share in the medical device sector,” he further expressed.
Asian Medtec 2024 is scheduled to take place from Dec 10 to 12 at the Kuala Lumpur Convention Centre. – Feb 15, 2024
Main photo credit: Bernama
