Taiwan remains one of Asia's most advanced medical equipment markets

Research and Markets have announced the addition of the 'Taiwan Medical Market Intelligence Report' to their offering.

(PRWEB) March 20, 2004 --MediSTAT currently reports on over 70 countries in more than 4,000 pages of in-depth market data. Incorporating primary source material with Espicom's vast healthcare business database, MediSTAT provides a complete review of key medical markets. Each extensive report includes vital market data, background information and statistics, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, import & export figures and essential industry contacts.

Taiwan remains one of Asia's most advanced medical equipment markets. A system of universal health insurance has operated since 1995. While this scheme has experienced major financial problems from the beginning, the government and country at large appear determined to maintain this high level of coverage, by raising premiums and cutting down on inefficiencies. This is currently proving politically controversial, with 2002 premium rises still being challenged in parliament. Imports supply around 80% of the medical equipment market. There is a growing domestic industry, which is becoming more sophisticated. However, it remains fragmented and largely geared to supplying export markets. The market is therefore dominated by overseas companies, principally from the USA and Japan.

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