Updated on 26 April 2013
What are AMMI's major focus areas? Could you elaborate on the major developments of the last two years?
Our main focus areas include manufacturing and operational excellence, talent development, innovation and R&D and shared services. In the past two years, AMMI successfully influenced the enactment of Medical Device Act in Malaysia 2012. We have also pioneered the graduate training program to support the growth of medical device industry. Furthermore, AMMI supported the government initiative to make medical device sector as the National Key Economic Area (NKEA). The last year has also seen major industry-related policy developments. The medical device sector was been designated as NKEA in 2011 under the Economic Transformation Programme and the Medical Device Act also got enacted in 2012.
How is AMMI helping the industry to deal with hurdles? What is the plan of action of the association for the next two years?
The association has a good working relationship with all government departments whenever there are challenges faced by the industry. AMMI strategy until 2015 regarding manufacturing and operational excellence will be to promote and strengthen best in class manufacturing operations in Malaysia; and identify and promote appropriate processes, structures, policies and support required to facilitate manufacturing and operational excellence. In talent development, we will support continuous development of a skilled and adaptable workforce; increase awareness of opportunities in the medical technology sector for graduates; and facilitate transfer and sharing of knowledge within our industry.
In the domain of innovation and R & D, we will promote and support market driven innovation and R & D processes; support R & D and commercialisation opportunities by developing new capabilities and synergies between industry players, academia and clinicians; and align industry support and objectives of member companies towards innovation and research. In shared services, we will identify potential for shared services within the medical devices industry and promote opportunities for developing viable shared services.
What is the market size of the medical device industry in Malaysia? How much revenue have AMMI's members generated in the past two year? Who have been the top 5 performing companies of the association?
Based on the available data, total market size is RM3.6 billion for medical device sector. Based on the latest 2011 survey of 26 members, total revenue was RM4.9 billion. All AMMI member companies share a common commitment to quality and are reputable international and local firms that strictly adhere to the world class quality management system codes laid down by governmental agencies.