Propelling Malaysian medical devices and healthcare services in the Middle East and North Africa region
Malaysia External Trade Development Corporation (MATRADE) continues its commitment to foster export opportunities for Malaysian medical devices and healthcare services in the Middle East and North Africa (MENA) region. The commitment is demonstrated by MATRADE in coordinating the participation of Malaysian companies in Arab Health 2024, marking MATRADE’s 20th consecutive year of active participation in this iconic event.
Over the years, Malaysian medical devices have gained global acceptance, supported by Malaysia’s position as the world’s top exporter of medical gloves and catheters – integral
products within the medical devices category. Malaysian products and services have consistently earned recognition for their high quality and competitive pricing, making them
highly sought after by visitors seeking products within this specific segment.
This year MATRADE will be featuring 14 companies showcasing a diverse range of innovative healthcare products and services including medical devices, digital healthcare
solutions, pharmaceuticals and biotechnology, to name a few.
“MATRADE continues to provide a strategic avenue for Malaysian companies, enabling
them to connect with numerous local and international suppliers and buyers across various product categories and stay abreast of the latest technological trends and innovations in
the industry,” said Mr. Megat Iskandar, Trade Commissioner of Malaysia to the UAE. He
added that Malaysia holds the third-highest global ranking in terms of trust in its healthcare system according to a study done by Ipsos in 2023, while Switzerland and Singapore are
in second and first place, respectively, for their dependable services.
“Observing current trends, we anticipate steady global demand for Malaysian high-quality healthcare products in 2024, while the MENA region offers high potential export opportunities for Malaysia. Various local government policy programmes, such as the UAE Vision 2040 and the Saudi Vision 2030, outline long-term strategies to expand the role of the private healthcare sector and create additional capacity for their growing markets generating robust demand for pharmaceutical products, medical equipment and supplies, hospital services and healthcare professionals.”
