Medical industry players should prove their mettle in the local market first

MEDICAL devices as exports are still a relatively new area which can be expanded further as the sector is not yet saturated. However, there are many factors to consider for the new person on the block or any company looking to venture into this sector.

“If you were a start-up, I would advise you to understand all the regulations, requirement and amount of money you need to put in before you can even think about starting this business,” ETP healthcare National Key Economic Area (NKEA) associate director Fabian Bigar says.