Burdensome device regulations take hold in Thailand
This article was originally published in Clinica
Medical device market growth in Thailand will be between 14% and 20% annually over the next several years, HIMA estimates. The market increased 19% in 1995 to reach $339 million, $54 million of which was contributed by imports from the US, up only 3% on the previous year. US manufacturers hold the largest share of the Thai market at 30%, with local producers accounting for another 22%.