Key Facts & Market Volume
- Taiwan will become a super-aged society by 2025, with over 20% of the population aged 65+. By 2036, half of the population will be over 50—driving demand for healthcare products and services.
- In 2025, the government increased its healthcare budget by 5.5% to EUR 26.4 billion, with more funding planned under the “Healthy Taiwan” initiative, focusing on cancer, cardiovascular diseases, biotech, and AI-powered precision medicine.
- 80% of pharmaceuticals are imported. In 2024, Germany was Taiwan’s largest supplier, with exports worth EUR 5.3 billion and a 22.5% market share.
- In the medical device sector, Germany ranked fourth, behind the U.S., Japan, and China, with EUR 2.7 billion in exports to Taiwan in 2024 (8.5% share).
- Taiwan offers a high-quality yet understaffed healthcare system, creating opportunities for digital solutions and automation.
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26.4 billion EUR
in allocated funding
-
80% of pharamceuticals
are imported from Germany
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> 20% aged 65+
of the population
Important Areas for Collaboration
Latest Trends
Taiwan is advancing rapidly in smart healthcare, driven by digitalization, aging demographics, and strong ICT capabilities. From AI-assisted diagnostics and telehealth platforms to sustainable hospital solutions and integrated data systems, the focus is on efficiency, personalization, and global collaboration. Public-private partnerships and government-backed pilots create a fertile ground for foreign companies with innovative offerings.
Potential for German Companies
Taiwan presents substantial potential and a dynamic, innovation-driven environment for German companies in the healthcare sector. Products "Made in Germany" enjoy an excellent reputation, and Taiwanese consumers are often willing to pay a premium for this recognized standard of quality. The market is especially attractive for German manufacturers of traditional pharmaceuticals and medical devices. In addition, there are growing opportunities for providers of precision medicine solutions—particularly those leveraging artificial intelligence and big data to deliver personalized diagnostic and therapeutic approaches.
Key Players & Partners active in Taiwan
Contact
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Nico Cron
Senior Manager Market Entry Market Entry & Business Development
+886-2-7735-7506 cron.nico@taiwan.ahk.de