Market & Data

Taiwan's healthtech sits at the crossroads of rapid aging, record public investment, and the operational arrival of AI, advancing along three legs: export manufacturing, the NHI system, and AI software.

Share of population aged 65+ (super-aged threshold)20.06 %
2025 NHI global budget (highest-ever annual growth)9,286 NT$ bn▲ 5.5%
Healthy Taiwan Deep-Cultivation Plan budget (2025-2029)489 NT$ bn
TFDA-approved AI/ML medical devices (cumulative, end-2023)104 devices
2024 medical device export value25.4 US$ bn▲ 1.5%
Listed/OTC biotech & pharma companies150 firms
2024 healthtech early-stage investment7.47 US$ bn▲ 1%
Health expenditure as share of GDP7 %
Health expenditure as share of GDP: Taiwan vs. peers
United States: 16.516.5United StatesGermany: 12.712.7GermanyFrance: 12.112.1FranceUnited Kingdom: 11.311.3United KingdomJapan: 11.111.1JapanKorea: 9.79.7KoreaTaiwan: 77Taiwan
Taiwan medical device output, NT$ billion
2021: 10002022: 11752023: 10542024: 8812021202220232024
MetricValueYearSource
Population aged 65+ (super-aged society)4.673 million (20.06%)2025UDN News
2025 NHI global budgetNT$928.6 bn (+5.5% YoY)2025UHO Health News
Hospital share of NHI budgetNT$643.7 bn (~70%)2025UHO Health News
Healthy Taiwan Deep-Cultivation Plan (5-yr public budget)NT$48.9 bn2025Executive Yuan
TFDA-approved AI/ML medical devices (cumulative)104 (37 domestic + 67 imported)2024TFDA / HST
Medical device output (Jan-Oct)NT$88.1 bn (+2.1% YoY)2024CTIMES / MOEA
Medical device output (historic peak)NT$117.5 bn2022CTIMES / MOEA
Medical device exportsUS$2.54 bn (+1.5% YoY)2024CTIMES / MOEA
Top device export market (US share)United States 29.7%2024ITIS
Listed/OTC biotech & pharma companies150 firms (36 new listings in 2024)2025GBI Monthly
Healthtech early-stage investment130 deals, US$747 m (+1%)2024FINDIT
Largest single funding round (AltruBio Series B)US$225 m2024FINDIT
Health expenditure as share of GDP~7%2025GBI Monthly
Average medical visits per person per year~14-15 visits/yr2025Legislative Yuan
Estimated nursing workforce shortage~24,000 (estimate)2024Hello Yishi / PTS
Global medical AI market (forecast)US$187.7 bn (CAGR 38.5%)2030Grand View Research