With more than 600 billion people and a combined GDP of $2.3 trillion, the ten nations that make up the Association of Southeast Asian Nations (ASEAN) are already experiencing dramatic economic growth. This is especially true of the medical device market, which in 2012 was worth more than $4 billion – about one half the size of China's market. Roughly 65% of the $4 billion comes from Asia's new tigers: Malaysia, Indonesia and Thailand.

China's $9 billion medical device market is growing very fast. It is now the sixth largest medical device market in the world, and analysts estimate it will grow between 15%-20% annually over the next five years.