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The research takes the Irradiation and Electromedical Equipment Manufacturing , Manufacture of Eyeglasses and Manufacture of Other Medical Instruments of Medical Materials and Equipment Manufacturing as the research objects. The value and the economic cycle index of the National Development Committee and the weighted stock price index of the Taiwan Economic News TEJ database are used as the data basis. The research period is from 1994 to 2021, with a total of 336 months of data. The correlation between the study and Taiwan's economic cycle is analyzed, empirically Four-point summary: First, in terms of production and sales value, and the average value, the Irradiation and Electromedical Equipment Manufacturing and the Manufacture of Other Medical Instruments lag behind the peak of the boom and lead at the bottom. Which means that after the business cycle reaches its peak, the production and sales volume will immediately reverse and decline, and the production line and the material preparation must be carefully evaluated. In addition, as the business climate heats up during the bottom period, production lines should be expanded or raw materials should be arranged and ready to prepare for the economic recovery in advance. To avoid the shortage of product supply when the economic climate and the stock market turn upwards. The above mentioned index can be used as a reference for business decision-making.
Second, in terms of production and sales value. Production value and sales value, Manufacture of Eyeglasses lags behind the peak and bottom of the boom, which is a lagging indicator, and relevant supply chain manufacturers can use this as an important foundation for pre-study and judgment.
Thirdly, during the economic cycle, regardless of the peak or the bottom period, the glasses manufacturing industry is less affected by the ups and downs of the business cycle. The radiation and electronic medical equipment manufacturing industry is the industry with the greatest difference among the three industries. As the economic fluctuations affect the public to accept high-tech health checks at their own expense. Therefore medical institutions have to consider when to purchase high-unit-priced equipment as the fluctuations are relatively large due to the impact of the economic climate. The conclusions of this study can be used as radiation and electronic medical equipment manufacturing operations reference basis.
Fourth, according to the matrix energy analysis results.The Manufacture of Eyeglasses falls in the first quadrant during the economic cycle, which means that both the peak and the bottom are lagging behind, and it belongs to the saturated market. Irradiation and Electromedical Equipment Manufacturing,Manufacture of Other Medical Instruments all fall in the fourth quadrant, which is a situation where the peak lags behind and the valley leads, which also means that the boom period is the longest and the recession period is the shortest, and it belongs to the market grower.
This study uses the benchmark date of the stock market as the base period for analysis, and the research results are consistent with the above. At the same time, the economic climate is compared with the peak and bottom average statistical analysis of the market, and the research results are also consistent with the above conclusions, showing that the results of this study have credibility.
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