News

HONG KONG: EXPEDITED APPROVAL SCHEME FOR MEDICAL DEVICE LISTING APPLICATIONS EXPANDED TO INCLUDE CLASS B/C/D IN VITRO DIAGNOSTIC MEDICAL DEVICE - August/September 2024

HONG KONG: EXPEDITED APPROVAL SCHEME FOR MEDICAL DEVICE LISTING APPLICATIONS EXPANDED TO INCLUDE CLASS B/C/D IN VITRO DIAGNOSTIC MEDICAL DEVICE - August/September 2024

  • 2024-09-17 03:42:57

The Expedited Approval Scheme for Medical Device Listing Applications has been expanded to include Class B/C/D In Vitro Diagnostic Medical Devices. Eligibility criteria remain unchanged, while some additional regulatory agencies have been recognized. Applications must be submitted through Medical Device Information System and refers to both GN-02 and GN-06.

More
INDONESIA: REGULATION OF THE MINISTER OF HEALTH NO. 3 YEAR 2024 – ON INDONESIA'S HALAL MEDICAL DEVICE MANUFACTURING - August/September 2024

INDONESIA: REGULATION OF THE MINISTER OF HEALTH NO. 3 YEAR 2024 – ON INDONESIA'S HALAL MEDICAL DEVICE MANUFACTURING - August/September 2024

  • 2024-09-17 03:17:46

Indonesia's Ministry of Health has issued Regulation No. 3 Year 2024 as a new derivative to the previous halal regulations on medical devices, providing a more specific outline on the mandate for medical device halal certification. This regulation introduces stringent requirements for manufacturing, labeling, and material disclosure.

More
Singapore: HSA Makes It Easier to Bring NextGen MDs to Market - A New Initiative - August/September 2024

Singapore: HSA Makes It Easier to Bring NextGen MDs to Market - A New Initiative - August/September 2024

  • 2024-09-17 02:45:43

Medical devices often undergo numerous iterations to enhance the product based on real-world experience and feedback. These changes result in rebranded new products called Next Generation Medical Devices (NextGen MD). Health Sciences Authority (HSA) in Singapore has taken a proactive step by introducing the NextGen MD Initiative to facilitate the registration of next generation devices by streamlining the registration process to allow applicants to leverage data that has been submitted to HSA for registered devices.

More
Thailand: Thai FDA Announcement: Exemption of Prescribed Information, Documents, and Evidence for Licensed and Notified Medical Devices, 2024 - August/September 2024

Thailand: Thai FDA Announcement: Exemption of Prescribed Information, Documents, and Evidence for Licensed and Notified Medical Devices, 2024 - August/September 2024

  • 2024-09-17 02:22:43

The Thai FDA has announced significant regulatory changes to accelerate the approval process for medical device manufacturing and importation. Effective June 6, 2024, these changes aim to reduce redundancy in documentation without compromising product safety or quality. This streamlined approach is expected to foster innovation, attract foreign investment, and enhance Thailand's position as a regional healthcare hub.

More
Japan: Exploring the Rising Trends in Japan's Diagnostic Imaging Industry – July 2024

Japan: Exploring the Rising Trends in Japan's Diagnostic Imaging Industry – July 2024

  • 2024-07-30 07:16:31

Japan's diagnostic imaging market is projected to grow at a CAGR of 6.28% from 2022 to 2027, becoming a major segment within the country's medical devices sector. The oncology segment is expected to lead this growth due to rising cancer incidences and technological advancements in diagnostic imaging, including AI and data automation, enhancing diagnostic and treatment processes.

More
Japan: Rising Demand For Remote Patient Monitoring Devices – July 2024

Japan: Rising Demand For Remote Patient Monitoring Devices – July 2024

  • 2024-07-30 06:35:03

The demand for Remote Patient Monitoring (RPM) devices in Japan is surging, driven by technological advancements, an aging population, and a shift towards home-based care. The market, valued at $2.06 billion in 2024, is projected to reach $2.93 billion by 2029, growing at a CAGR of 7.26%. Key segments include cardiac and neurological monitoring devices. Government initiatives and the shift towards home-based care further support this growth, offering significant opportunities for medical device manufacturers.

More
Vietnam: Medical Tourism in Vietnam: A Growing Opportunity - July 2024

Vietnam: Medical Tourism in Vietnam: A Growing Opportunity - July 2024

  • 2024-07-30 06:21:21

In recent years, Ho Chi Minh City, Vietnam has emerged as a leading destination for medical tourism. A rapidly developing healthcare ecosystem in Vietnam, with high demand and government incentives, creates a strong market for advanced medical service and associated devices.

In this article, Qualtech explores the development of medical tourism in Vietnam and its influence in the local medical device market.

More