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The Medical Device Market: China

  • ID: 3163696
  • May 2015
  • Region: China
  • 250 Pages
  • Espicom Business Intelligence Ltd
Imports Have Grown Very Strongly During Recent Years, Rising By 20.7% in 2012 to Reach US$10,329.0mn.

FEATURED COMPANIES

  • Andon Health
  • Biolight Meditech
  • Edan Instruments
  • GE Healthcare
  • Jiangsu Yuyue
  • Lepu Medical Group
  • MORE

China ranks as the largest economic power of the Asia Pacific region with a projected GDP of US$9.1tn in 2013. In terms of GDP per capita, it is considerably lower at US$6,676 in 2013, owing to its large population. Moreover, the country is divided into a relatively wealthy eastern coastal belt - consisting of Tianjin, Shandong, Jiangsu, Shanghai, Zhejiang, Fujian and Guangdong provinces and much poorer, underdeveloped regions in the interior and the west. Although the government has undertaken massive development plans to address these imbalances, and new factories are gradually being built further inland, this will be a long drawn-out process in a country of China's size.

The Chinese government has launched a health reform programme that aims to create a solid platform for universal healthcare access for all by 2020. Phase 1 of the programme committed CNY850bn (US $124bn) to develop the country's healthcare system, whilst phase 2 proposes investment of CNY400bn (US$63.5bn) is to be invested in the healthcare system through to 2020.

The prospects for medical device spending is huge; the government has committed heavily to the construction of thousands of hospitals, healthcare READ MORE >

Note: Product cover images may vary from those shown
Imports Have Grown Very Strongly During Recent Years, Rising By 20.7% in 2012 to Reach US$10,329.0mn.

FEATURED COMPANIES

  • Andon Health
  • Biolight Meditech
  • Edan Instruments
  • GE Healthcare
  • Jiangsu Yuyue
  • Lepu Medical Group
  • MORE

1. SWOT

- Medical Device Market
- Political
- Economic
- Business Environment
- Industry Forecast
- Medical Device Market Forecast
- 2008-2013 Performance
- 2013-2018 Performance
- Table: Projected Medical Device Market, 2013-2018
- Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)

2. Consumables Market Forecast

- Bandages & Dressings
- Suturing Materials
- Syringes, needles & catheters
- Other Consumables
- Table: Consumables Market, 2008-2018 (US$mn)
- Table: Consumables Market, 2009-2018 (US$mn % Change)

3. Diagnostic Imaging Market Forecast

- Electrodiagnostic Apparatus Sector
- Radiation Apparatus Sector
- Imaging Parts & Accessories Sector
- Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
- Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)

4. Dental Products Market Forecast

- Capital Equipment
- Instruments & Supplies
- Table: Dental Products Market, 2008-2018 (US$mn)
- Table: Dental Products Market, 2009-2018 (US$mn % Change)

5. Orthopaedics & Prosthetics Market Forecast

- Fixation Devices
- Artificial Joints
- Other Artificial Body Parts
- Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
- Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn, % Change)

6. Patient Aids Market Forecast

- Portable Aids
- Therapeutic Appliances
- Table: Patient Aids Market, 2008-2018 (US$mn)
- Table: Patient Aids Market, 2009-2018 (US$mn, % Change)
- Other Medical Devices Market Forecast
- Table: Other Medical Devices Market, 2008-2018 (US$mn)
- Table: Other Medical Devices Market, 2009-2018 (US$mn, % Change)

7. Annual Medical Device Imports

- Table: Medical Device Imports By Product Area, 2009-2013 (US$000s)
- Table: Medical Device Imports By Product Area, 2009-2013 (US$000s, % Change)
- Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)
- Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s, % Change)
- Table: Top 20 Medical Device Suppliers, 2013 (US$000s)
- Table: Detailed Medical Device Imports By Product Area, 2009-2013 (US$000s)
- Table: Detailed Medical Device Import Trends By Product Area, 2013
- Table: Detailed Leading Medical Device Suppliers By Product Area, 2013 (US$000s)
- Monthly Medical Device Imports
- Table: Monthly Medical Device Imports By Product Area, January 2011-December 2013 (US$mn)

8. Annual Medical Device Exports

- Table: Medical Device Exports by Product Area, 2009-2013 (US$000s)
- Table: Medical Device Exports by Product Area, 2009-2013 (US$000s, % Change)
- Table: Medical Device Exports by Product Area, 2009-2013 (Local Currency 000s)
- Table: Medical Device Exports by Product Area, 2009-2013 (Local Currency 000s, % Change)
- Table: Top 20 Medical Device Destinations, 2013 (US$000s)
- Table: Detailed Medical Device Exports by Product Area, 2009-2013 (US$000s)
- Table: Detailed Medical Device Export Trends by Product Area, 2013
- Table: Detailed Leading Medical Device Destinations by Product Area, 2013 (US$000s)
- Table: Detailed Medical Device Balance of Trade, 2009-2013 (US$000s)

9. Monthly Medical Device Exports

- Table: Monthly Medical Device Exports By Product Sector, January 2011 - December 2013 (US$mn)
- Macroeconomic Forecasts

10. Economic Analysis

- More Cities To Witness Price Declines
- Government, PBoC Likely To Tweak Policies
- Economic Reforms Another Headwind
- Table: Economic Activity (China 2009-2018)

11. Industry Risk Reward Ratings

- Table: APAC Medical Device Risk/Reward Ratings, Q314
- Market Overview
- Medical Device Market Overview
- Table: Medical Device Market, Key Ratios, 2013
- Table: Medical Device Market By Product Area, 2013

12. Healthcare Overview

- Health Status
- Healthcare System
- Healthcare Funding
- Table: New Rural Co-operative Medical Scheme, 2004-2011

13. Healthcare Resources

- Table: Hospitals By Type, 2008-2012
- Table: Beds In Medical Facilities, 2008-2012
- Table: Provision Of CT & MRI In Selected Chinese Provinces, 2009

14. Healthcare Activity

- Healthcare Personnel
- Key Healthcare Data
- Table: Summary of Key Healthcare Data, 2008-2013

15. Industry Trends And Developments

- Industry Trends & Developments
- Table: Chinese Medical Device Imports, Top Twenty Suppliers, 2008-2013 (US$mn)
- Table: Chinese Medical Device Exports, Leading Destinations 2008-2013 (US$mn)
- Table: Medical Device Manufacturers Key Financials, Q1-3 2013 (CNYmn)

16. Regulatory Development

- Medical Device Regulations
- Competent Authorities
- National Regulations
- Regulatory Developments
- Table: Classification of Contact Active Devices

17. Intellectual Property Rights

- Medical Device Pricing & Reimbursement
- Competitive Landscape
- Domestic Medical Device Production
- Table: Medical Device Production, 2008-2012

18. Domestic Medical Device Manufacturing

- Table: Publicly Listed Chinese Medical Device Manufacturers

19. National Medical Device Manufacturers

Table: Andon Health Key Financials, 2010-2012
Table: Biolight Meditech Key Financials, 2010-2012
Table: Edan Instruments Key Financials, 2010-2012
Table: Jiangsu Yuyue Medical Equipment Key Financials, 2010-2012
Table: Jiangsu Yuyue Medical Equipment Revenue By Product Area, 2011-2012
Table: Lepu Medical Group Key Financials, 2010-2012
Table: Mindray Key Financials, 2008-2012 (US$mn)
Table: Mindray Sales by Product Category 2012
Table: Shandong Weigao Group Medical Polymer Key Financials, 2010-2012
Table: Shandong Weigao Group Medical Polymer Revenue By Product Group,2010-2012
Table: Shandong Xinhua Medical Instrument Key Financials, 2010-2012
Table: Trauson Key Products
Table: Trauson Key Financials, 2009-2011
Table: Trauson Revenues by Product Category, 2010-2011
Table: Wandong Medical Equipment Key Financials, 2010-2012
Table: Zhuhai Hokai Key Financials, 2010-2012
Table: Zhuhai Hokai Revenue By Product, 2011-2012
Table: Leading Local Manufacturers By Category

20. Multinational Medical Device Manufacturers

- Table: GE Healthcare's Principal Manufacturing Facilities In China

21. Multinational Market Activity

- Table: Multinational Market Activity, 2014

22. Medical Device Market Access

- Distribution
- Trade Associations
- Trade Fairs
- Methodology
- Medical Device Market Methodology
- Trade Code Classifications
- Table: Used HS Trade Codes, 2014
- Table: Rearranged HS Trade Codes, 2014

23. Risk/Reward Ratings Methodology

- Table: Medical Devices Risk/Reward Ratings Indicators, 2014

24. Sources

25. Contact

Note: Product cover images may vary from those shown
Imports Have Grown Very Strongly During Recent Years, Rising By 20.7% in 2012 to Reach US$10,329.0mn.

FEATURED COMPANIES

  • Andon Health
  • Biolight Meditech
  • Edan Instruments
  • GE Healthcare
  • Jiangsu Yuyue
  • Lepu Medical Group
  • MORE

Despite a slowdown in some sectors , China remains one of the fastest growing medical device markets in the world, which on the back of its vast market size , offers huge potential to medical device companies . However, the market environment is undergoing rapid change with a raft of new regulatory measures, which coupled with government incentives to develop local manufacturing and boost consumption of locally-produced products , threaten to alter the risk- benefit profile of the Chinese medical device market. On the upside, market fundamentals remain strong and have been boosted by a renewed commitment to allow a substantial injection of private capital into the healthcare sector.

Headline Industry Forecasts:

- The medical device market was estimated at USD16.1bn in 2013, making China the fourth largest market in the world and the second largest in Asia behind Japan. In per capita terms, the market is far from rich at USD11.6 in 2013. For the 2013-2018 period, we have lowered our market growth projection to 15.7% per annum in local currency, equivalent to a US dollar CAGR of 15.3%.

- Medical device imports supply around 73% of the medical device market having grown at a 2008-2013 CAGR of 21.8% in US dollar terms. The running annual total reached USD12.3bn in the 12 months to September 2014, representing y-o-y growth of 7.5%.

- Medical device exports have grown at a 2008-2013 CAGR of 12.5% in US dollar terms. The running annual total reached USD13.3bn in the 12 months to September 2014, representing y-o-y growth of 6.8%. Exports have failed to keep pace with imports over the past five years, causing the balance of trade surplus to fall from USD2.6bn in 2008 to USD0.9bn in 2013.

- Domestic medical device production as reported by the National Statistics Bureau has grown at a CAGR of 20% since 2008, although growth in 2012 was lower at 13.0%. The industry has particular strengths in consumables, therapeutic appliances, etc.

Note: Product cover images may vary from those shown
Imports Have Grown Very Strongly During Recent Years, Rising By 20.7% in 2012 to Reach US$10,329.0mn.

- Andon Health
- Biolight Meditech
- Edan Instruments
- GE Healthcare
- Jiangsu Yuyue
- Lepu Medical Group
- Mindray Key
- Shandong Weigao Group
- Trauson
- Wandong Medical
- Zhuhai Hokai

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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