Medical Equipment Market Is Estimated to Display Higher Demand & Production

Medical Equipment Market Current Trends, Size, Share, Industry Analysis,

Competitive Intelligence, Growth, Opportunities and Forecasts Report To

2015

Summary

Demand for the China medical equipment market has risen swiftly in the past decade. In the

coming five years, the market is estimated to display higher demand & production. The same

could be credited to the nation’s industrialization and geriatric populace. Wide prevalence of

lifestyle disorders should also add market incomes in the near future.

China was the globe’s second biggest market in 2015. According to the ‘China Association of

Medical Device Industry,’ the market expanded at an average of 20% per annum since 2009.

This market will maintain steady growth in the coming years. Moreover, it is propelled by a huge

population, regulatory initiatives for sophisticated medical care, & speedy fiscal expansion.

China has spent heavily on medical infrastructure and provision of essential health insurance for

its people. It has more than 16, 000 hospitals, out of which 85 percent are publicly-owned. Its

medical centers generally deem U.S. devices to be superior. These centers are also open to

technically-innovative & advanced products.

Browse the full “Medical Equipment Market” report at:

http://www.radiantinsights.com/research/medical-equipment-markets-in-china

Simultaneously, Chinese healthcare equipment firms indulge in quality-enhancements,

consolidations, and competitions. With regulatory policies on motivating & assisting novel

medical devices, few domestic producers like Shenzhen Mindray have established a stronger

presence worldwide and competed with international suppliers.

Considering the status of China medical equipment market, U.S. firms have substantial prospects

for entering it. Conversely, China’s new medical reform, which began in 2009, would surely

affect market opportunities. Firms willing to participate in this market need to understand that

they have to conquer all obstacles within a...