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Medical Equipment Market, The Scale Has Reached 650 Billion



"Development status and trend of medical equipment in China (2018)" The Green Paper was published in Suzhou on July 21.


The Green Paper points out that the Chinese medical equipment market grew from 355.6 billion yuan in 2013 to 650 billion yuan in 2017. In recent years, the global medical equipment market has been growing steadily due to the increase of health demand and economic development.


Currently, the top 25 medical equipment companies in the global medical equipment market accounted for 60% of the total sales of medical equipment worldwide. The Green Paper points out that the Chinese medical equipment market has been growing at a high rate from 355.6 billion yuan in 2013 to 650 billion yuan in 2017.


The book lists 7 internationally renowned medical device manufacturers, whose main business revenue growth in China exceeds the international market. According to the Green Paper, driven by the increasing demand for health care in China, increasing number of medical and health institutions, aging and changes in disease spectrum, and with the development of new models such as "Internet +" and "telemedicine" and the construction of medical and health security system to the grassroots, it is expected that the Chinese medical equipment market will have a larger space.