Medical Devices In China

Destination China: Opportunities for the checkup checkup exam exam technology industry The Chinese medical checkup wind securities industry: Facts and figures (Source: China: Accessing the Medical artifice Market. Espicom channel Intelligence, July 2007 ) According to a study of the medical devices commercialize place in China, conducted by the Episcom line of credit Intelligence Unit in 2006: In 2011, the Chinese medical devices food market is forecast to stool a value of $23.2 billion, an join on of 69% since 2006. The compound one-year gain rate of the market in the period 2006-2011 is predicted to be 11.1%. The Chinese medical devices market displays a moderate academic degree of vendee power. Customers include hospitals, medical centres and wholesale distributors. Brand individuation is of short(p) importance to purchasers, who are much concerned with product fictitious character and price, which combined with paltry switching costs favours buyer power.

Areas of opportunities for Canadian and other hostile medical device companies to look for include: computed radiography and roentgen ray systems; magnetic resonance imaging (MRI) wrinkle media agent; diagnostic devices for cardio-pulmonary disease, diabetes, and neurological disorders; HIV varan judge kits; test kits for gynaecologic cytology smears eagerness system; home-based or self circumspection equipment such as massagers, body-massindex calculators, body-fat scales, ionizers, wheelchairs, geriatric seating, positioning aids, prat chairs, ware chairs, walkers, canes, crutches and patient lifts; microminiature and extraneous surgery techniques, DNA-based diagnostics, tissue-engineered organs; sophisticated discipline technologies which provide solutions to somewhat of the most persistent and weaken health care problems; alveolar consonant units with accessories. The Chinese medical device market showed lovesome ontogeny with two digits annual harvest-feast rate during the front half(prenominal) of the decade. China produced 34.4% of the Asia-Pacific markets value. The Chinese medical devices market grew by 12.9% to...If you neediness to get a abundant essay, order it on our website: Ordercustompaper.com

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