Report: Taiwan's medtech sector to grow 7% in 2013

05/21/2013 | BioSpectrum Asia

Production of Taiwanese medical devices, driven by strong demand for contact lenses and blood-sugar monitors, should grow by more than 7% this year and reach $2.71 billion, according to Industry and Technology Intelligence Services, a government research institute. Although Taiwan's medtech production dropped in the first quarter of 2013, the institute anticipates that the sector will bounce back in the second quarter by almost 17%.

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