Malaysian industry growth slows to more sustainable level
This article was originally published in Clinica
Medical device sales by the 23 member companies of the Association of Malaysian Medical Industries rose 5.7% in 1996 to RM1,404.9 million ($540 million). Sales growth is levelling off to a more sustainable rate after peaking at nearly 19% in 1995, the AMMI says. Exports account for around 97% of AMMI company sales.