This white paper examines the critical role of medical devices in enhancing Malaysia's healthcare system and advancing population health. It discusses key concepts in value assessment of medical devices, including the nature of innovation, the concept of value in medical technology, and the importance of effectively integrating medical devices through robust value assessment into the healthcare system to address evolving health challenges.
In Malaysia's endeavor towards universal health coverage, it faces significant challenges such as an aging population, rising non-communicable diseases (NCDs), and healthcare disparities. Addressing these issues requires leveraging technological innovations, particularly medical devices, to optimize healthcare and improve public health outcomes. The evolving nature of these technologies requires a flexible and comprehensive approach to value assessment.
While Health Technology Assessment (HTA) has been instrumental in guiding policy and reimbursement decisions, gaps exist in fully capturing the multifaceted value of medical devices. Current value assessment practices face challenges such as limited scope, insufficient evidence generation, and the unique characteristics of medical devices, which hinder the ability to assess their full potential impact on population health.
Through three case studies, this paper highlights the broader value of medical devices, beyond clinical and economic outcomes—showcasing how innovation in advanced technologies can drive better health outcomes, operational efficiency, and equitable access.
The paper concludes with actionable recommendations aimed at enhancing value assessment frameworks for medical devices in Malaysia. These strategies seek to ensure that Malaysia's healthcare system remains innovative, responsive, and aligned with national policies and financing mechanisms, while advancing public health and universal health coverage goals.
OUR THINKING
Generate and disseminate strategic and impactful Real World Evidence to meet regulators, payers, providers and patients' needs