This is a best prospect industry sector for this country. Includes a market overview and trade data URL:Austria-electric-power-equipment
Last Published: 6/22/2016


The Philippine medical equipment sector remains a lucrative market for U.S. suppliers.  Highly dependent on imports, the market continues to expand at a steady pace.  Medical equipment is almost 100 percent imported, as are approximately 50 percent of medical disposables. Local production is limited to prototype units, spare parts (including improvised parts), and disposables such as surgical gloves, syringes, and needles.
Major factors impacting demand are population growth, steady economic growth (5.8 percent in 2015), and hospital expansion and upgrading.  Recently, the Philippines’ Department of Health disclosed plans for establishing cancer centers in various hospitals throughout the country, where recipient hospitals will have a linear accelerator, treatment planning system, CT simulator, and brachytherapy units.
In the private sector, two leading hospital developers, namely Metro Pacific Investments Corporation and QualiMed Health Network (a partnership between Ayala Land Inc./ALI Capital and Daniel Mercado Memorial Hospital), continue to expand either through acquisitions of existing facilities or construction and development of new hospital projects.
Official Department of Health statistics indicate that there are more than 1,800 licensed hospitals in the country, of which more than 60 percent are privately owned. Total bed capacity is more than 100,000.  Hospitals base buying decisions on quality and on price.
U.S. brands, however, face increasing third-country competition from China, Germany, Singapore, and South Korea. 
Buyer preference for U.S.‑ manufactured equipment is justified by product technology and quality, access to warranty parts and service, and available training for equipment handling.
The market is price-sensitive, which explains the growing presence of inexpensive equipment from China or South Korea.  Hospitals with limited budgets tend to source medical equipment largely from these countries.
U.S. suppliers interested in selling in the Philippines should appoint a local distributor.  The import duty on medical equipment is three percent, plus a 12 percent value-added tax (VAT).
An ASEAN Medical Device Regulatory Harmonization Workshop, which the Philippines hosted in 2015, is a continuing exercise in improving and standardizing the medical device regulatory process in the region.  Its ultimate objective is to facilitate the regulatory process for medical device registration in ASEAN member countries.

Sub-Sector Best Prospects

Products with high sales potential for U.S. suppliers are high‑value, low‑volume, and high‑tech products like linear accelerators, electro-cardiographs, ultrasonic scanning machines (ultrasound), magnetic resonance imaging (MRI) equipment, x-ray and radiation equipment, breathing appliances, and computed tomography apparatus (CT scan).  Demand also exists for clinical laboratory devices, supplies, and biological rapid test kits.
Requirements for efficient healthcare services, new technologies, and equipment replacement drive market growth. All hospitals will need to continue upgrading facilities in order to remain competitive.
Prospects for U.S. suppliers exist in the Philippines’ Department of Health plans for developing cancer centers throughout the country, as well as in the continued expansion of existing facilities of private sector hospital developers.
Besides linear accelerators for eight proposed cancer centers, there are also opportunities for dialysis systems, various imaging equipment, and other devices for treating kidney, heart, respiratory, and diabetes diseases.
Medical device distributors expect a steady 5 percent growth through 2017.



2015 (estimated)

2016 (estimated)

2017 (estimated)

Total Market Size





Total Local Production





Total Exports

192, 938




Total Imports

379, 776

398, 765



Imports from the U.S.





Exchange Rate: 1 USD





 $USthousands: Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)

Data Sources:
Total Local Production: No available data
Total Exports: Unofficial estimates; Total Imports: Unofficial estimates
Imports from the U.S.:  Unofficial estimates
* Listed exchange rates are not used in the above calculations. Exchange rate shows average value of Philippine Peso to U.S. Dollar. (Source: Central Bank of the Philippines)
**Exchange rate in 2016 shows average value of Philippine Peso to U.S. Dollar from January 2016 to March 2016.  (Source: Central Bank of the Philippines)


Trade Events:

American Association of Clinical Chemistry / Annual Meeting & Clinical Lab Expo 2016
July 24 – 28, 2016 / Philadelphia, PA

Medica 2016
November 14-17, 2016 / Dusseldorf, Germany

Arab Health 2016
January 25-28, 2016 / Dubai International Convention & Exhibition Centre, UAE

Web Resources

​Central Bank of the Philippines

Department of Health;

Metro Pacific Investments Corporation

Philippine Health Insurance Corporation

Philippine Statistics Authority (formerly National Statistics Office)

QualiMed Health Network

Vista Land and Lifescapes, Inc.;


Post Contact information:

Ms. Dey Robles, Commercial Specialist
U.S. Commercial Service Philippines

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting

Philippines Medical Devices Trade Development and Promotion