Philippines Medical Devices Market 2024-2030
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Philippines Medical Devices Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

PHILIPPINES MEDICAL DEVICES MARKET

 

INTRODUCTION

 In the Philippines, products that make therapeutic or medical claims—including tools, machinery, in vitro reagents, software, and similar or related items—are referred to as medical devices.

 

The Center for Device Regulation, Radiation Health and Research (CDRRHR) of the Department of Health overseas medical device registration in the Philippines.

 

The Philippines Department of Health has issued Administrative Order in an effort to reconcile the Philippine Regulatory Guidelines with the ASEAN Medical Devices Directive. The Administrative Order establishes new criteria for initial device registration and renewal as well as a risk classification system for medical devices.

 

Only registered medical devices may be imported into the Philippines; to do so, they must be registered with the FDA's Center for Device Regulation, Radiation, Health and Research (CDRRHR), have received a Certificate of Medical Device Notification (CMDN), a Certificate of Medical.

PHILIPPINES MEDICAL DEVICES MARKET SIZE AND FORECAST

 

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 The Philippines Medical Devices market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

PHILIPPINES MEDICAL DEVICES MARKET RECENT DEVELOPMENT

Class B, C, and D medical devices that have already received approval from a member nation of the Association of Southeast Asian Nations (ASEAN) will be eligible for the Reliance registration route, allowing for a quicker review and expedited market access, according to the Philippines FDA's Circular No-008.

 

According to AO No-0002, the products must now require a Certificate of Medical Device Registration (CMDR), and the maker must have used the Common Submission Dossier (CSDT) for the products' authorised application in the ASEAN reference nation. 

 

Additionally, in order for the device to qualify for Reliance registration with the Philippine FDA, the manufacturer must certify that the device itself is the same as described in the earlier paperwork submitted. 

 

The Center for Device Regulation, Radiation Health and Research will now be able to complete the device evaluation procedure in thirty (30) working days following receiving payment documentation (CDRRHR). This represents a significant reduction from the previous assessment period of at least one hundred eighty (180) working days.

 

PHILIPPINES MEDICAL DEVICES MARKET COMPANY PROFILES

 

 

THIS PHILIPPINES MEDICAL DEVICES MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many  Medical Devices are manufactured per annum in the Philippines? Who are the sub-component suppliers in this region?
  2. Cost breakup of a Philippines  Medical Devices and key vendor selection criteria
  3. Where are the  Medical Devices manufactured? What is the average margin per unit?
  4. Market share of Philippines  Medical Devices market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Philippines  Medical Devices in-house
  6. key predictions for next 5 years in Philippines  Medical Devices market
  7. Average B-2-B  Medical Devices market price in all segments
  8. Latest trends in  Medical Devices market, by every market segment
  9. The market size (both volume and value) of the  Medical Devices market in 2024-2030 and every year in between?
  10. Production breakup of  Medical Devices market, by suppliers and their OEM relationship

 

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix