After years of development, China's medical device industry has basically formed a fully competitive market. With the deepening of trade globalization, foreign medical device products have fully participated in the competition in the domestic market, and the degree of marketization has been deepening. This article refers to the "2016 China Medical Device Industry Development Blue Book" related data, mainly from the market size, industry distribution, import and export data, technology development and related policies and other sections to talk about the development status and trends of China's medical device industry.
First, the market scale continues to grow
Since the beginning of the 21st century, China's medical device industry has entered a stage of rapid growth. As shown in the following figure, the sales scale of China's medical device market has increased from 17.9 billion yuan in 2001 to 308 billion yuan in 2015. Excluding the impact of price factors, it has increased by about 17.21 times in 15 years. The growth rate of the domestic medical device market is much higher than the global growth rate, becoming the second largest medical device market in the world after the United States.
According to the sample survey conducted by the Medical Devices Branch of China Pharmaceutical Materials Association, the sales volume of China's medical device market in 2016 was about 370 billion yuan, an increase of 62 billion yuan from the 308 billion yuan in 2015, with a growth rate of 20.13%. According to forecasts, the next decade will be the golden growth period for the rapid development of China's medical device industry.
In 2016, China's medical equipment market volume of about 370 billion yuan, the medical medical equipment market is about 269 billion yuan, accounting for 72.70%; in the subdivision sector, imaging equipment (19%), in vitro diagnostics ( 16%) and high-value consumables (13%) occupy the most important part of the market.
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