China Medical Equipment Market

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China medical equipment market.

And while we re dealing with this nonsense china has also reportedly tried to corner the market on personal protection equipment which is essential for. In contrast this number goes up to 42 globally. 2019 china medical device market outlook. With the further growth of chinese residents demand for medical and health care it is estimated that the market scale of china s medical device industry will reach 290 billion yuan in 2018.

Tencent launched in 2017 the ai medical innovation system or aimis 觅影 miying in chinese an ai powered diagnostic medical imaging service. Medical device manufacturin in china industry trends 2015 2020 medical device manufacturin in china industry outlook 2020 2025 poll average industry growth 2020 2025. As one of the global medtechworld series exhibitions we have brought nearly a thousand suppliers of medical design and r d raw materials accessories processing technology and manufacturing services to china. As the world s second largest economy we therefore believe there is a significant growth potential of the medical device sector in china.

In china the medical device market now accounts for 14 of the pharmaceuticals market. Sales of medical devices in the country reached rmb 200 billion in 2013 making it the second largest market in the world according to the u s. China is currently one of the world s most promising markets for medical devices. Asia pacific on the other hand is an emerging market exhibiting high growth potential due to increasing per capita income increasing aging population increasing disease.

In 2016 china s medical device industry achieved a total sales revenue of 244 8 billion yuan an increase of 7 9 over the same period of last year. China s tech giants crowd medical equipment market increasing investment of tech giants in this lucrative market is expected to shape the future of the medical device market in china. The world economy has ground to a halt. X x lock purchase this report or a membership to unlock the average company profit margin for this industry.