MTP Growth Centre & The Dental Industry
28th Oct 16
MTPConnect is a not-for-profit organisation which aims to bring businesses in the dental industry, and broader medical technology sector, together to achieve greater commercialisation and establish Australia as an Asia-Pacific hub for MTP companies.
Key Issues For Consideration —
Australian dental product manufacturers stand the best chance of achieving long-term sustainability if they are globally competitive. Through MTPConnect, there exists great opportunity for Australian businesses to now become key players in emerging Asia-Pacific markets.
MTPConnect was formed in November 2015 as part of the Federal Government's $248 million Industry Growth Centres Initiative and offers growth support to manufacturers through grants and partnerships. MTPConnect aims to deliver improvements for Australian companies across three horizons - committing across 2016-17 to opening its programs for "rapid impact" and establishing itself as an independent voice for the sector. Dental manufacturers are encouraged to become involved to ensure the industry is well-represented and a leading part of the Australian push into the Asia-Pacific.
As a major outcome of the 2016-20 ADIA Strategic Plan, a focus of the Australian Dental Industry Association (ADIA) will be to provide opportunities for local dental product manufacturers and suppliers to engage with MTP. The ADIA Dental Product Manufacturers Roundtable schedule for 30 May 2017 in Canberra will be one such opportunity.
For more information on MTP Connect visit:
Member engagement —
ADIA provides leadership, strategy, advocacy and support. Our members set our agenda, fund our activities and directly benefit from the results. With respect to matters associated with support for local dental product manufacturers, ADIA staff responsible for policy advocacy and programme delivery receive advice and guidance from members serving on the ADIA-MIG Manufacturers Interest Group.
Currency of Information —
This update was issued on 28 October 2016 and please note that changes in circumstances after the publication of material or information may impact upon its accuracy and also change regulatory compliance obligations.
The statements, regulatory and technical information contained herein are believed to be accurate and are provided for information purposes only. Readers are responsible for assessing its relevance and verifying the accuracy of the content. To the fullest extent permitted by law, ADIA will not be liable for any loss, damage, cost or expense incurred in relation to or arising as a result of relying on the information presented here.
This publication is available for your use under a Creative Commons Attribution 3.0 Australia licence, with the exception of the ADIA logo, other images and where otherwise stated.
3rd Sep 18
New analysis shows that the dental industry has annual sales of $2.263 billion underpinned by average annual growth of 5.7% over the past ten years. It's not all good news as in FY2016-17 some sectors experienced a decline in sales.
3rd May 18
Proposals from the Australian Government to impose new cost imposts on suppliers of low-risk medical devices will eliminate the entire benefit of its tax cuts for many small businesses in Australia’s dental industry.