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Healthcare Industry
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Taiwan’s Healthcare Industry – Current State and Development Potential
Sustained Growth of Taiwan’s US$3 Billion Medical Equipment Industry
IEK Consulting estimates that in 2017 the output value for Taiwanese medical equipment was about US$3.4 billion and will have reached US$3.8 billion by 2019. The aging of society has resulted in an increased demand for assistive devices and bone implants, which, along with increased orders for blood sugar meters, test strips, and contact lenses, will be major drivers of output value growth. Taiwan has three opportunities for developing smart healthcare:
  • A complete and comprehensive electronic industry supply chain and medical system.
  • National Health Insurance data accumulated over 24 years can be applied in AI medicine development.
  • Proprietors and hospitals can collaborate to export solutions overseas.
State of Healthcare Industry Exports in Taiwan as of 2018
“Taiwan is extremely well suited for digital healthcare. Its medical environment has a high cost-to-performance ratio. Such areas as digitization and automation rely greatly on machinery integration and automated production, which dovetail with Taiwan’s IT and semi-conductors industries.”
- Michel Chu, General Partner, Acorn Campus Taiwan
“Biomedical Industry Innovation and Promotion Program” Accelerates Biomedical Development
Global Healthcare Industry Trends
Since artificial intelligence became a hot topic around 2017, cognitive technology and IoT applications have become a key focus of the global biomedical industry and the investment community. Due to population aging in recent years, demand for medical treatment is on the rise, and new technologies and products have ushered in an era of growth in the global pharmaceutical and medical equipment markets. (In 2017 the total value of the medical equipment market was US$402.8 billion, and it is expected to increase to US$521.9 billion by 2022.)
* Please see the booklet for relevant reference data.
Healthcare Industry Video
Taiwan Excellence Recommends
Rightest Precision Healthcare Ecosystem (RPHE) is an ecosystem that makes impact on every stakeholder, top from healthcare provider to end-users in chronic disease management to accelerate the speed. Combining latest Internet of Medical Things (IoMT) technology with a integrated digital health solution: Rightest Digital Health Station (Rightest CARE DMS+Rightest CARE Clinic App+Rightest CARE App), Rightest SmartMeter (Rightest POCT&Bluetooth series), the RPHE can precisely collect and analyze all electronic health record (EHR) from authorize individuals and healthcare providers and transform all data into qualified infographics for interpretation. Not to mention its strong interoperability in remote monitoring for patient Care. To foster the organic growth in such ecosystem, Rightest Coins reward program is created to encourage proactive attitude toward self-health management and can already be used for trading as real-money in more than a thousand pharmacy stores in Taiwan.
IAQ-Pro indoor air quality monitor is able to detect and indicate Particulate Matter (PM2.5, PM10) / Gas / Temperature / Humidity simultaneously, and show the detection value and historical data chart on the display at any time. It also contains four expandable sockets for the gas smart sensor which allows the user to add four extra detection items at any time. Users are able to detect 9 kinds of detection items at the same time through this design. Additionally, IAQ-Pro can be installed easily by the user themselves. They only need to install the mounting backplane and hang up the IAQ-Pro to finished installation. Moreover, IAQ-Pro is designed with POE+ which allows signal and power supply at the same time. In conclusion, the design of IAQ-Pro has considered numerous of human factors engineering. It not only provides a friendly user interface but also convenience on the operation to the users.
AmCAD-UO is an innovative solution to assist physicians evaluating the risk of Obstructive Sleep Apnea (OSA) syndrome. The solution consists of a positioning system and a computer-assisted detection (CAD) software device. The positioning system helps accurately locate the ultrasound probe to scan and acquire multiple-angle sonographic images of the upper airway. The computer-assisted detection software device is to automatically detect the airspace of the pharyngeal airway. The dynamic changes of the airspace are then computed to evaluate the risk of OSA. The evaluation process is performed on awake patients and takes no more than 10 minutes to get the results. The entire process is objective, accurate, cost-effective and safe and is expected to transform the clinical practice of OSA diagnosis.
Use the APC (Auto Power Control), for instantly compensation the terminal voltage at both ends of the object to avoid the voltage shortage or overshoot during the test, ensures that the voltage applied meets the requirements of the regulatory requirements. For a capacitive load, the analyzer provides 10mA charge current for quick charge to prevent instability during the charging of the capacitor and then resulting in false positives. Besides, by increasing the WAIT TIME mechanism waiting for the capacitor stabilization and then the current source loop is switched back to 1 mA (maximum) for testing based on regulatory requirement. Due to EMC/EMI prevention and relevant to capacitance attached to the market products are increasing, saving time and reduce misjudgment are the best advantage. Supports USB storage function, the test result can be recorded in USB memory disk without connect computer to obtain the test result.
The X2000 system keep the advantages of X1000 PLUS and 360 articulation’s user interface, but embedded a new 1 MP CMOS sensor in the camera. Tungsten braid tube and bending neck is introduced on the 6.0mm probe which brings the high rigidity performance competes to all hi-end competitors. 4mm shorter distal end than previous generation provide smaller bending radius and at the same time, improved lock system mechanics gives the same smooth articulation control tension feel compare to famous electronic control system in the market. About the X2000 base unit, a brand new image process engine chip set aim for the fine tuning for the image sensor was hired, which can output 2560*1440 super resolution still image and 1920*1080 HD video recording. For the high quality image, the main console equipped a 7” IPS TFT- LCD that performs vivid image which can present all details of typical target flaws in the RVI area such as crack, welding, surface scratch…,etc. Besides, the connectivity of the base unit upgraded to HDMI AV-out, USB type-C PC connect port, and Wi-Fi image live-stream and sharing to mobile devices. To provide good storage of the new tungsten probe, the carry case is equipped a new design storage reel embedded in EVA set. The rigid sleeve also redesigned to support 3m rigid extension usage requirement.
Fasmedo FM-100 is the world's unique innovative medical image recording solution. It integrates optical design, image processing system, cloud live broadcast platform, App, RF and other fields. It uses exclusive auto focus technology to clearly record the most complete surgery details.
SHINMED's Smoke Evacuation Pencil ShinEvac? Classic─100% designed and manufactured in Taiwan! Captures surgical smoke right where it's generated, providing best effectiveness and visibility at surgical site. Its Light weight, ergonomically designed pencil body, bringing surgeons the most delightful experience. Product features: 1.Effective: coaxial design of tip electrode and smoke evacuation tube, providing best surgical view and suction strength, non-stick coated electrode reduces surgical smokes 2.Convenient: exchangeable and 2-stage adjustable evacuation tube─best suction distance for smoke evacuation 3.Safe: Completely sealed Y-connection, preventing any possible leaking of surgical smoke, patented anti-slip surface on pencil body for firm grip. 4. Comfortable: light weight─only 135g. Multinational patented 360 degree angled swivel design at the rear tubing, lightens the suction strength coming from smoke evacuation unit and reduces wrist fatigue of surgeons
In recent years, professional work division is in progress in dentistry, such as specialization of orthodontics and root canal treatment. However, the Dental curing light has never been developed to meet the needs of specialists. Therefore, "WL-070+ Dental curing light ORTHO Edition" provides special functions required by orthodontics. It surpasses all the other competitor. This product is based on the following ideas, Colorful, Lightweight, Customized display and ARC wireless charging. There are several colors, including white, orange, green, blue, pink, purple and black to choose. The "lightweight" design is for meeting the needs of female dentists. Without any burden of use, it’s ergonomic and it weighs only 120g. The operating functions and customized display screens are fully designed for orthodontics. The smart operation process reduces repeatedly operation up to 90%. Developing the industry-leading "ARC wireless charging" technology makes Industrial design no longer limited.
Compact, Easy Transit,and Lightweight Solution SOMA 215 is designed for easy day-to-day transportation. The patented swivel legrests can be swung away with one hand in one second, providing a safer frontward transfer. The chair is also very compact that it can be fitted into a car trunk, which is less than two carry-on suitcases. Patented Swivel Legrest Lift and Swing, just a simple action to free up leg space for transfer. The legrest is not detachable, so you will never lose it. Compact and Lightweight Its 9.9kg ultra-lightweight makes your day to day transportation effortless. And, the compact size is easy to fit into a small car trunk. Seamless Elliptical Frame The seamless elliptical-frame design reduces the amount of the welding points, improving the durability and the look of the chair. Ergonomic Push Handle The handle is designed according to the shape of hands. It is comfortable to hold and easy to push. The attendant brake can be added on upon request.
Pro-care Turn is an Bilateral Turning Air Mattress that provides perfect prevention for patients in high to very high risk of pressure injuries. Its 30° of bilateral rotation therapy is able to enhance pressure relief and the most important of all – be a great help to caregivers and make effortless patient re-positioning. 1. Enhancing Pressure Relief by 30° of Bilateral Rotation 2. Tailored for individual healthcare plans 3. Air mattress with bilateral turning function help caregivers to easily achieve re-positioning 4. Reduce the risk of lower back and arm injuries during re- positioning.
Heartway P35 foldable power wheelchair features the notable foldable concepts intended to make assisted movement a more pleasurable and confident experience. P35 is not only a foldable powered mobility device designed to satisfy the lifestyle requirement of our aging population, but also reflects the future of products for an aging population. Stylish and convenient, it offers urban mobility alternative to generic power scooters today. This foldable power wheelchair generally weighs less than 27kg. For added versatility, the design of the wheelchair features an innovative folding mechanism that allows it to be folded up and transported in a vehicle with easy simple folding steps. It’s easy to lug around at home and shopping-malls after folded! More than simply providing convenience, comfort and ease-of-transport, Heartway P35 with a foldable mechanism design feature enhances personal mobility.
The winner of the Red Dot Award 2018, EVO Altus standing power wheelchair is ergonomic and tailor-made to retrieve users' self-confidence, social engagement, and most importantly, an independent life! The Karma EVO Altus aims to improve both mental and physical health for wheelchair users. The chair’s standing function enables users to have an eye-level view of social interactions besides physical benefits. For those with weaker body control, EVO Altus offers tailored made standing movement, such as lying-to-standing, so almost everyone can enjoy an independent life on the wheels. The best three designed functions: 1.Four ways to stand up by power: to fulfill various kinds of body conditions. 2.Tilt-in-space by power(45°): to remain a better sitting position stability. 3. Recline by power(-5° to 180°): to release sitting pressure from the hip to the back to prevent skin symptoms.
"Comfort comes from professional" is the purpose and value of the Eye secret monthly contact lens. The product reveals many new features like 38% low water-content lens formulation, bi-aspheric lens, special curved design, UV blocking, and the preservation solution contain sodium hyaluronate and trehalose. Unlike other competitors, which are dominated by high water content, Yung Sheng Optica uses innovative low water-content contact lenses to differentiate the market. The material uses 38% low water-content provide more stable and less deformable than high water-content lenses. Therefore, It’s not easy to absorb tears after wearing for a long time and feels not dryness. In the packaging design, the product uses a 2-piece box for sale to fit the consumer’s need.
"Comfort comes from professional" is the purpose and value of the Eye secret monthly contact lens. The product reveals many new features like 38% low water-content lens formulation, bi-aspheric lens, special curved design, UV blocking, and the preservation solution contain sodium hyaluronate and trehalose. Unlike other competitors, which are dominated by high water content, Yung Sheng Optica uses innovative low water-content contact lenses to differentiate the market. The material uses 38% low water-content provide more stable and less deformable than high water-content lenses. Therefore, It’s not easy to absorb tears after wearing for a long time and feels not dryness. In the packaging design, the product uses a 2-piece box for sale to fit the consumer’s need.
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