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Eye on Korea: The Booming Contact Lens Market – June/July 2024

Eye on Korea: The Booming Contact Lens Market – June/July 2024

  • 2024-06-20 06:42:03

South Korea boasts a thriving contact lens market. Driven by a high prevalence of myopia (nearsightedness) and a growing preference for stylish and functional eyewear, Korea presents a lucrative opportunity for global contact lens manufacturers. This article explores the factors fueling the Korean contact lens market, the reasons why it’s ripe for foreign investment, and the key considerations for success.

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Innovative Horizons - Australia's Journey in 3D Printed Medical Devices – June/July 2024

Innovative Horizons - Australia's Journey in 3D Printed Medical Devices – June/July 2024

  • 2024-06-20 06:31:57

Australia is advancing in 3D-printed medical devices, demonstrating the technology's potential in healthcare. The market, valued at $36 million in 2022, is projected to reach $132 million by 2030, driven by applications in pre-operative planning, education, orthodontics, bioprinting, and customized prosthetics and implants. These innovations enhance patient outcomes and surgical accuracy, with significant growth expected in the Asia-Pacific region.

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SINGAPORE:  Streamlining Medical Device Approval in Asia: Singapore HSA is Recognized as Reference Country by Hong Kong MDD – June/July 2024

SINGAPORE: Streamlining Medical Device Approval in Asia: Singapore HSA is Recognized as Reference Country by Hong Kong MDD – June/July 2024

  • 2024-06-20 05:49:36

In a significant step towards regional harmonization, the Hong Kong MDD announced on 2 April 2024, that they now recognize marketing approvals for Class II, III, and IV medical devices issued by Singapore's Health Sciences Authority (HSA) This means manufacturers with existing HSA approvals can now use them to support their applications for registration in Hong Kong, potentially saving significant time and resources.

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SINGAPORE: Cybersecurity Labelling Scheme for Medical Devices CLS(MD) Sandbox - Latest Updates and Calls for Medical Device Manufacturers – June/July 2024

SINGAPORE: Cybersecurity Labelling Scheme for Medical Devices CLS(MD) Sandbox - Latest Updates and Calls for Medical Device Manufacturers – June/July 2024

  • 2024-06-20 05:41:18

The rise of connected medical devices has revolutionized healthcare, but it has also introduced new cybersecurity challenges. To address these concerns, Singapore has implemented the CLS(MD) scheme, a collaborative effort to enhance medical device cybersecurity.
This article explores the latest updates on the CLS(MD) Sandbox program, its background, key details, and how medical device manufacturers can benefit from participation.

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HONG KONG: Keeping Up with the MDACS - The Exclusion of Particular Devices and HSA Marketing Approval Acceptance – June/July 2024

HONG KONG: Keeping Up with the MDACS - The Exclusion of Particular Devices and HSA Marketing Approval Acceptance – June/July 2024

  • 2024-06-19 06:31:24

Starting 13 May 2024, Hong Kong Medical Device Division has excluded non-clinical devices from Medical Device Administrative Control System’s scope. Custom-made medical devices have also been excluded from this scope since 2 April 2024, and marketing approvals from Health Sciences Authority - Singapore has been accepted to support listing applications.

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