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  • My name is Wendy Tien and I cover the Healthcare Sector, the healthcare

  • sector including medical devices, pharmaceuticals,

  • nutritional supplements, cosmetics and natural products.

  • Taiwan offers excellent opportunities for American

  • suppliers in the healthcare sector. Most high end

  • products are imported from the United States and the market

  • continues to grow. There are three factors forcing

  • the market, healthcare market to grow. First

  • it is a wealthy society. People are increasingly

  • able to afford medical service and high

  • quality imported products, leading to

  • increased healthcare spending. Secondly,

  • has to do with the use of nutritional supplements.

  • More than a quarter of the people in Taiwan

  • take daily vitamins and

  • nutritional supplements. Annual consumption of

  • nutritional supplements averages three billion dollars. The popularity

  • of natural chemical free organic items

  • continues to increase. Lastly, since

  • 1993, Taiwan has increasingly become

  • an aging society. About

  • ten percent of the local population in Taiwan

  • is 65 years old or older.

  • And this percentage is expected to reach

  • 14 percent by 2017. And many of these people

  • suffer from chronic disorders and they need

  • treatment. Demand for dental implements

  • and plastic surgeries is also very strong.

  • To connect U.S. suppliers and Taiwanese

  • importers, I am, I will be leading a delegation

  • to Natural West in

  • March in Anaheim, California. This is

  • an opportunity for U.S. companies to promote their product line

  • to interested buyers. Also, we

  • are organizing a U.S. pavilion during the Taiwan

  • Healtcare Trade Show in summer, which

  • will take place in Taipei. We encourage

  • American companies to participate in this show.

  • For more information about delegation to the show

  • or opportunities in the healthcare market, please contact me.

  • Thank you for your time, and I look forward to hearing from you soon.

  • Thank you!

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