2025 Taiwan Industrial Outlook-Medical Device
Driven by global population aging and the rising prevalence of chronic diseases, healthcare expenditures continue to increase worldwide. At the same time, the integration of digital technologies into clinical practice has accelerated innovation in medical technology, fueling the growth of the global medical device market. Following the World Health Organization’s (WHO) declaration on May 5, 2023, that the COVID-19 pandemic no longer constitutes a Public Health Emergency of International Concern, healthcare systems have returned to normalized operations, and the global medical device industry has resumed its pre-pandemic trajectory.