| dc.description.abstract | In the trends of the aging population in advanced countries and the increasing of the gross national income in the underdevelopment countries, the demand scale and the importance of the medical device industry are increasingly concerned. As the medical equipment industry and people’’s health are closely related, it is a essential industry to help humans in disease prevention, diagnosis, mitigation and treatment, therefore it is less significant fluctuations in demand due to the changes on the economy. In terms of knowledge and technology, Taiwan’’s medical device industry is catching up with many developed countries. As the medical device industry in compliance with economic and social’s benefits, and our country has the technical capacity and infrastructure in developing medical device industry, over the years, our government to promote the industry for our country’’s future development of key industries. This paper in addition to discussing the industry overview and the future development direction of this medical device industry, this paper also analyzed the key factors which to impact Taiwan’’s medical device industry in business performance.
Empirical results of this study found that in the impacts of the performance indicators’ for return on equity or earnings per share in Taiwan’’s medical device industry are roughly the same. For three items of market share, chronic disease death rates and the export changed value are all statistically significant level of positive. It shows the market share can affect firms’’ pricing power and thus improve the vendor performance; and chronic disease death rates will affect the government’’s investment in the health care needs, and indirectly affect the profitability of medical device manufacturers; to enhance the export changed value, but also the key point to develop the medical device industry needs to focus on. And the asset sales ratio and fixed asset ratio for return on equity, also reached statistical significance level of negative, it indicates the inefficient use of assets and other issues in medical device manufacturers. The financial crisis variables in the model evaluation results, for the return on equity and earnings per share are presented insignificant relationship. It may be due to Taiwan’’s medical device industry is in a new development stage, and as inexpensive Taiwanese manufacturers of medical device, in the financial crisis factor will lead to a part of an international brand manufacturers turned to cooperate with Taiwan manufacturers, so the impact is small for the medical device .
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