Malaysia rises as global hub for medical device manufacturing

According to Health Minister Datuk Seri Dr Dzulkefly Ahmad, the country is attracting over 200 companies and more than 30 multinationals in the healthcare industry.

Malaysia has established its position in healthcare manufacturing through its glove production, meeting 60% of the world’s demand.

The country is currently considered the top global producer of gloves and rubber-based products.

Dr Dzulkefly said the medical device sector contributed about RM18 billion to Malaysia’s economy in 2023 and created about 95,000 jobs locally since 2012.

He added that the New Industrial Masterplan (NIMP) 2030 has identified the medical device industry as crucial for boosting investments in the country.

This achievement was revealed during the International Medical Device Exhibition and Conference (IMDEC) 2024 held alongside the 28th Global Harmonisation Working Party (GHWP) Annual Meeting.

The event brought together more than 600 international delegates and 10,000 visitors and focused on sharing knowledge, forming partnerships, and solving challenges in the healthcare industry.