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Medical Device Market in China 2011-2015
Infiniti Research Limited, February 2012, Pages: 35
TechNavio’s analysts forecast the China Medical Device market to grow at a CAGR of 16.5 percent over the period 2011–2015. One of the key factors contributing to this market growth is an increase in the aging population. The China Medical Device market has also been witnessing increasing popularity of minimally invasive surgery. However, delays in regulatory approvals could pose a challenge to the growth of this market.
TechNavio’s report, China Medical Device Market 2011–2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on China; it also covers the China Medical Device market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Johnson & Johnson Medical, GE Healthcare, Philips Healthcare, Mindray Medical, and Medtronic Inc.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Buying Criteria
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Impact of Drivers and Challenges
11. Market Trends
12. Key Vendor Analysis
12.1 Johnson & Johnson Medical
12.2 GE Healthcare
12.3 Philips Healthcare
12.4 Mindray Medical
12.5 Medtronic Inc.
13. Other Reports in this Series
List of Exhibits:
Exhibit 1: Medical Device Market in China 2011–2015 (in US$ billion)
Exhibit 2: Medical Device Market in China by End-user Segmentation 2011
Exhibit 3: Medical Device Market in China by Product Segmentation 2011
Exhibit 4: Medical Device Market in China by Vendor Segmentation 2011
TechNavio Announces the Publication of its Report – China Medical Devices Market 2011–2015
TechNavio today launched its report China Medical Devices Market 2011–2015 based on an in-depth study. The report aims to aid decision makers’ understanding of the key trends impacting the growth of this regional market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said, “The Chinese population has a low mortality rate and this has resulted in an increase in the aging population. By 2020, the aging population in China is forecast to exceed more than 23 percent of the total population. This increase in the aging population coupled with improved healthcare services results in higher usage of medical devices and thus the market for medical devices is expected to grow.”
According to the report, as a result of the growth in the Chinese Healthcare industry, several MNCs are establishing R&D centers in China and forming clusters in key regions. Recently several healthcare giants such as Toshiba, Mindray, Omron, Aeormed, Philips, Johnson & Johnson, 3M, Medtronic, Siemens, Aloka, Lepu Medical, YuYue, etc. have established huge R&D centers and various products are being released in the market.
Further, the report also discusses various challenges impacting the growth of this market including the delays in regulatory approval.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
- Johnson & Johnson Medical
- GE Healthcare
- Philips Healthcare
- Mindray Medical
- Medtronic Inc.