Myanmar’s emerging medical device market has seen growing opportunities especially in Diagnostics Imaging (DI) device and In-Vitro Diagnostics (IVD) sector. Increase in healthcare spending, upgrading of healthcare facilities and the growing demand for high quality diagnostics test results are the drivers behind this. Moreover, high incidence rate of diseases caused by the lack of early detection and changes in lifestyle signals the growing need for diagnostic devices in Myanmar. Mie Mie Ko, analyst of Solidiance Myanmar, highlights the trends of non-communicable diseases in the country and the surging demand for diagnostic devices in Myanmar to conclude that opportunities do indeed exist for Myanmar’s Diagnostics Imaging (DI) device and In-Vitro Diagnostics (IVD) market.
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