ICT

Taiwan possesses advantages for developing the smart medical device industry, including world-class ICT capabilities, a well-developed healthcare system and talent pool, and the innovative flexibility of SMEs. Furthermore, the increasing demand from an aging society presents a huge market potential for smart medical devices. However, the smart medical device industry faces the challenge of long investment recovery periods, requiring government support through capital market linkages, such as dedicated funds, tax incentives, industrial parks, and expedited review processes. Simultaneously, reforming the medical insurance system is crucial to expanding market demand for smart medical devices, enhancing international competitiveness, and promoting economic transformation.