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The 3 Business Segments Of AJJ

AJJ Healthcare Nov 26, 2021

AJJ Healthcare Management Pte. Ltd. (“AJJ”), has been strategically building its product portfolio, making extensive additions to AJJ’s range of medical devices with the objective of establishing the Group as one of the key players in the healthcare industry. As of today, AJJ specialises in 3 business segments, namely Medical Products; Laboratory Products; and Animal Health Products, which comprise 10 medical device categories.

Therapeutic Equipment

Featuring a non-invasive High-Intensity Focused Ultrasound (“HIFU”) technology that has a wide range of applications, including tumour ablation and palliative pain treatment. HIFU is also currently under experimental investigation for use in arthritis treatment, nerve injury recovery and prevention, post-operative recovery, and performance enhancement. View Therapeutic Equipment.

Diagnostic Equipment

AJJ specialises in Radiography diagnostics and Ultrasound diagnostics and has one of the most advanced ranges of diagnostic equipment in the world. AJJ’s diagnostic equipment range is also cost-effective, accurate, and generates diagnostic results promptly, fulfilling the key aspect of healthcare, being accuracy and speed. View Diagnostic Equipment.

Life Support Equipment

AJJ provides top-of-the-line ventilators, respiratory support equipment with a versatile range of configurations to meet the needs of all patients, designed to provide peace of mind for patients and their loved ones. View Life Support Equipment.

Patient Monitoring Equipment

AJJ provides cutting-edge electrocardiograph machines (“ECG”), continuous glucose monitoring (“CGM”) systems and other diagnostic monitors for safe and efficient patient monitoring. These products are designed to meet the needs of both developed countries and emerging markets around the world, being FDA approved and CE certified for international use. View Patient Monitoring Equipment.

Specialised Equipment

In this pandemic, AJJ offers a wide variety of infection control healthcare products such as negative pressure booths, oxygen concentrators, etc. for hospitals, clinics, nursing homes, and other healthcare facilities. View Specialised Equipment.

Consumables & Accessories

Consumables include blade, endoscopic surgical, hypodermic, wound dressing, urinary, which are designed for safety and functionality. Accessories include respiratory and urinary supplies, which are designed for convenience and functionality. View Consumables & Accessories.

AJJ Laboratory Products Segment

Clinical Products & Research Products

Typically used in a laboratory setting, AJJ’s clinical and research product range includes microscope slides, test tubes, and cell spreaders, which are designed for efficiency and precision. View Clinical & Research Products.

AJJ Animal Health Products Segment

Veterinary Products

AJJ’s current veterinary product range focuses on ultrasound diagnostic imaging for pets and is in the midst of being further expanded. View Veterinary Products here.

Current update on licenses and global strategies

As at this press release, AJJ holds Health Science Authority (“HSA”) licenses for import and wholesale for 630 medical devices and supplies, closely adhering to HSA's standards of quality and safety. To hold these licenses, AJJ must have a Quality Management System which is certified to conform to the requirements of the Good Distribution Practice of Medical Devices ("GDPMDS") to ensure the safety, quality, and performance of medical devices. The Group notes that Singapore’s Government is increasing healthcare expenditure and financing, with more than SGD10 billion invested in 2018[1], and believes that it is vital for AJJ to adhere to HSA’s quality standards for its medical devices. AJJ has also started to penetrate international markets having completed registration for 8 medical consumables with Malaysia’s Medical Device Authority (“MDA”). We are also working continuously to strategically expand our product portfolio locally and internationally by registering our products with HSA and relevant regulatory bodies.

Globally, the market value for Medical Technology is expected to be nearly 600 billion U.S. dollars by 2024[2], and as part of its strategy, AJJ has secured efficient component supply and leading-edge technologies by partnering up with medical consumable, accessory and laboratory product manufacturers, ultrasound diagnostic imaging specialists, radiography x-ray diagnostic imaging specialists and specialized infection-control manufacturers. As such, AJJ is able to raise production capacity and leverage the necessary economies of scale to ensure that its product offerings remain affordable, and at the same time, provide a tailored and personalised solution sales approach to customers with a wide product range.

Keeping up with technology advancement

AJJ acknowledges that technologies are rapidly evolving, and constantly seeks updates on the technologies of the world, in order to upgrade and expand their product range. AJJ has recently attended Medica 2021, a leading international trade fair, in Düsseldorf Germany, where the products exhibited include imaging and diagnostics, medical equipment and devices, laboratory equipment, physiotherapy and orthopaedic technology. By expanding its product variety tapping on the most advanced technology in the market, AJJ will continue to innovate and make further strides in the industry for the Group and its shareholders.

AJJ’s Assistant Sales Manager, Joel Lim (left) and Assistant Supply Chain Manager, Alvin Foo at Medica 2021, Düsseldorf Germany.

Exciting plans ahead

The Group is delighted to announce that AJJ is establishing itself as a recognised healthcare brand with an integrated business model which collaborates with renowned OEM companies to rapidly produce innovative and sustainable high-tech quality medical devices. This allows AJJ to strategically expand its product portfolio and compete with the bigger players while catering to the demand of the global healthcare industry. AJJ also has plans to enter the Dental products business segment (which has significant importance in the medical industry) in 2022.

[1] MOH, https://www.moh.gov.sg/resources-statistics/singapore-health-facts/government-health-expenditure-and-healthcare-financing [2] Steward, C., Total medtec revenue worldwide 2011-2024 https://www.statista.com/statistics/325809/worldwide-medical-technology-revenue, 2020

 

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