2018 Medical Device Industry Policy Spring Breeze Positive Development

China's medical device industry from small to large, rapid development, from the beginning of primary Eisai to the initial stage of expansion, and then to the 90 's private capital-driven structural change phase, the Chinese medical device industry completed the original technology and capital accumulation, and initially achieve product structure adjustment and regional industrial layout. After the start of the new health reform, the industry ushered in a new historical period.

Now has become a product category is more complete, innovative ability is constantly enhanced, the market demand is very vigorous sunrise industry. Especially in recent years, the medical device industry development speed further accelerated, for many years the market scale has maintained high growth, the number of product exports and technological content has been increasing. In 2016, China's medical device industry achieved a total sales revenue of 244.8 billion yuan, an increase of 7.9% yoy. With the further growth of Chinese residents ' demand for health care, it is expected that the market size of China's medical device industry will reach 290 billion yuan in 2018.