Top Medtech Companies in APAC - 2021
Techcord: Accelerating The Growth Of Disposable Endoscopes

Top 20 Medtech Companies in APAC 2021

Technology in any industry is all about newness and connectivity. MedTech 1.0 was marked by industrial devices and MedTech 2.0 by analog devices. Currently, the 3.0 phase is distinguished by the involvement of the smart devices developed through Artificial Intelligence and cloud computing. The fourth industrial revolution of data analytics and the Internet of Medical Things (IoMT) has paved the way to “anytime, anywhere” healthcare. The use of telemedicine is often associated with healthcare 4.0.

Though telemedicine had been in effect, the pandemic brought a paradigm shift in it.Covid-19 has made a considerable impact on the consumer adoption of telemedicine. As per reports, the number increased to 46% from 11% in 2019. Healthcare has become more responsive through connected devices. Wearable technologies play their part in handling data, while mobile health applications aim at well-being and self-care. These applications are also capable of tracking worker awareness. Healthcare 4.0 is empowered to harmonize the patients and the healthcare professionals with the treatment method and the technologies adopted.

At this juncture, a variety of MedTech Companies are entering the market to cater to the different needs of the healthcare domain. To help them choose the best that fits their requirement, MedTech Outlook has compiled a list of top 20 companies. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CXOs.

We present to you MedTech Outlook’s “Top 20 MedTech Companies in APAC – 2021.”

    Top Medtech Companies in APAC

    Neuroceuticals
    A medical device developer and idea generator that works both on in-house projects as well as collaborations with other similar healthcare technology providers.The focus at Neuroceuticals is on the development of an intravenous vagal nerve stimulation catheter, and the project that is funded by the Japanese Government is expected to go to clinical trials in the first half of 2022.In addition to designing and developing exquisite intravenous and endoscopic medical devices, Neuroceuticals also has an up to date understanding of the Japanese regional regulations, and all equipment is being prepared to comply with the laws. This facet allows Neuroceuticals to offer services to other non-Japanese companies looking to enter the Japanese market.
    NITI-ON
    NITI-ON is a Tokyo-based manufacturer of cleaning, sterilization, endoscopic and surgical instruments that improve the efficiency of single-incision surgeries. Founded a century ago by Masataka Honda as a manufacturer of otolaryngology steel medical instruments, the company today offers surgical instruments of the highest caliber that successfully supersede conventional instruments. Its BJ Instrument series is helping medical professionals create new value and improve the efficiency of laparoscopic surgeries by reducing the number and size of incisions required during laparoscopic surgeries and reducing the physical stress on patients.
    Techcord
    A Korean medical devices company, Techcord is changing the status quo of the spinal surgery industry with its endoscopic equipment. In fact, Techcord’s equipment is more durable than the German endoscope because it adopts strong brazing sealing technology for the objective lens of the endoscope. Techcord was initially established as an organization that offered repair and restoration services on medical endoscopes, surgical drills, and camera systems, among other things. More recently, the firm expanded their business to include manufacturing medical endoscopes and disposable medical devices by acquiring the technologies of major brands and leveraging their extensive repair experience
    Active Scientific
    Active Scientific provide a learning platform for all its clients to ensure constant upgrading of personal skills for maximum effectiveness. Their objective is to provide the best working environment for their staff while creating future leaders. They want their employees to earn a decent income in the short and long run. Work-life balance is one of their key cultures. The company's vision is to become the leading supplier of innovative diagnostic equipment and high-quality consumables. And their mission is to be a leader in diagnostic solutions, a trusted partner in healthcare, and a great place to work.
    ADT Biotech
    ADT Biotech has been incorporated in 2010 with the vision of improving the standard of diagnostic tests and procedures by bringing advanced technologies, quality brands, and innovative products to the healthcare markets in the Asia Pacific region. Their goal is to provide faster and more accurate diagnostic tests and technologies. Additionally, they want to increase the quality and content of clinically relevant information to support the healthcare practitioner in making faster and better treatment and patient management decisions, leading the path to improved patient outcomes.
    Diagnostic BioSystems
    Since 1994, Diagnostic BioSystems Inc. is committed to enhancing immunohistochemistry results by providing innovative anatomic pathology reagents and systems to improve the practice of pathology. Since its inception, its prime focus has been to provide high-quality products and exceptional customer service and support. Diagnostic BioSystems provides cutting-edge in-vitro diagnostics to the anatomic pathology and histology market through direct sales in the domestic market and through international distributors to over 60 countries worldwide. Their product portfolio includes high-quality primary and fluorescent antibodies (CF488 and FITC conjugated), autostainer, chromogens, detection kits, and a wide range of ancillaries.
    HANGZHOU ALLTest Biotech
    ALLTest Biotech is an integrated researcher, manufacturer, sales and marketing enterprise for Point Of Care Testing (POCT) products. ALLTest Biotech provides a comprehensive portfolio of COVID-19 diagnostics/tests solutions, including both Antigen and antibody tests. As veterans in the field of IVD, ALLTest boasts a vast portfolio of products that feature women’s Health Rapid Test, Infections Disease Rapid Test, Drug of Abuse Rapid Test, Oncology Rapid Test, Cardiac Marker Rapid Test, Veterinary Rapid Tests. The company also offers Fluorescence Immunoassay System, Biochemistry, and PCR, among others. Having served the industry for over a decade, ALLTest has also nurtured a resilient and innovative R&D team that possesses the capability to launch two to three tests every month.
    IDDK
    IDDK Co., Ltd. is developing MID (Micro Imaging Device), which is a microscopic observation chip that does not use an optical system used in conventional microscopes. They aim to deliver MID to places where conventional microscopes were historically inaccessible due to physical, climatic, or technical restrictions. They believe MID is the technology that can create a better future for societies through increased accuracy in diagnosis, observations, and discoveries for both known and unknown diseases worldwide. The company's strength is designing and manufacturing products that combine semiconductor and optical technology.
    InnoMed
    InnoMed represents a guarantee of treatment with first-line drugs, in a modern purpose-built for comfort and safety of patients
    Invivo Medical
    Invivo Medical is a Singapore-groomed medical technology and device start-up specialising in the research, development and distribution of novel precision percutaneous access surgical device