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The Voice of MedTech in Asia
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What a year 2024 has been! We celebrated our 10th anniversary with the MedTech Forum where we had over 2,000 attendees, 100 international speakers including Nobel-Prize-winner Malala Yousafzai and healthcare AI experts like Tom Lawry and Dr Brent James.
We wanted to take this opportunity to unequivocally and sincerely thank our board and committee members for their tireless work and support to enhance healthcare outcomes and access across APAC.
Advocacy wins include Singapore’s exemptions for Dechlorane Plus and UV-328 and getting invited by governments of Malaysia (Medical Device Authority), Indonesia (MOH) and China (NMPA) to shape policies on change management, electronic IFU guideline revisions, and regulatory reliance respectively.
We also reached over 1000 policymakers across the region via capacity building trainings, covering topics not limited to data interoperability standards and SaMD regulations, and launched APACMed’s position on key issues such as ethical considerations for applying AI in MedTech in APAC.
Further, we convened authorities from Japan, Korea, Australia and Singapore together for digital health reimbursement dialogues. We also launched the APACMed Innovation Community (AIC) for start-ups to be connected to the healthcare ecosystem – more to come in 2025, so watch this space!
We wrapped up this year by clinching the BioSpectrum Awards for “Outstanding Leadership in MedTech Advocacy in APAC”! (insert link to website)
Some key resources we have made available to you are our E-learning hub, Integrated Resources Page, Regulatory Intelligence Bulletin, and the Environmental Policy Dashboard 2.0.
Your continued interest and involvement in 2025 are coveted by all of us at the APACMed Secretariat. We’ve extracted our key achievements this year below, for your ease of reference. For a fuller low-down, please watch this space for our Annual Report in March 2025.
Enhancing Regulatory Frameworks: Organised regulatory reliance training with NMPA, sharing global best practices and shaping China’s regulatory strategies. (link)
AI in MedTech and Ethics: Published two white papers and a set of ethical considerations on AI adoption in medtech, emphasizing access, capability, trust, and transparency (link) while addressing talent gaps (link) and patient-centric principles. (link)
Environmental Regulation: Successfully advocated exemptions for hazardous substances in Singapore (link) and enhanced regulatory visibility for members through a regional dashboard covering 9 markets. (link)
Next-Generation Sequencing (NGS): Introduced the first-of-its kind Value Assessment Framework (VAF) to provide an in-depth overview of NGS to improve policy and reimbursement for NGS-based cancer care in APAC. (link)
Legal, Ethics & Compliance (LEC): Formed and kicked off the India LEC Committee with a CEO roundtable to address compliance and ethical challenges in MedTech, focusing on Compliance and Third-Party Risks. (link)
APACMed provides a unifying voice for the medical devices and in-vitro diagnostics industry in Asia Pacific. Founded in 2014, APACMed strives to promote innovation and impact policy that advances healthcare access for patients.
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