Cutting-edge medtech from Taiwan
Taiwan: The Future of Smart Tech
As Covid-19 spread across the world in 2020, Taiwan gained worldwide attention for its quick control of the virus and donations of face masks and equipment to help others fight it. What is perhaps less known is that Taiwan has long had one of Asia’s most advanced and efficient healthcare systems, which supports a vibrant ecosystem of medtech companies and products.
A rapidly growing number of Taiwanese medtech companies are emerging, teaming up with doctors and hospitals to develop new ways of helping people to live longer and healthier lives. Between 2010 to 2019, the number of companies in Taiwan’s biomedical industry rose from 1,355 to 2,143, with a combined export value rising from US$2.6 billion reaching US$6 billion within the same period.