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CCID Consulting Discusses China's Medical Equipment Market

BEIJING, Nov. 28 /PRNewswire-Asia/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), recently released its article on China's medical RF equipment market.

In 2007, the rapid development of the China's economy led to an increase in health awareness, which in turn drove the development of medical insurance policies. Benefiting from this, China's medical electronic market enjoyed continuous growth, with its market size reached 24.73 billion Yuan, up 17.3% year-on-year. A breakdown in market segments showed that electronic devices and equipments, RF equipments, ultrasonic equipment, laser instruments and equipments and biochemical analytical instruments were developed along different lines, with medical electronic products occupying the largest market share, an increase in the growth rate of medical RF equipments, and that new prospects were opening up for medical ultrasonic equipment.

    Table: 1 Size of China's Major Medical Electronic Product Market in 2007
                                         Sales Revenue
                                      (100 Million Yuan)  Market Shares
    Product Types
    Electronic Devices and Equipments          129.3          52.3%
    RF Equipment                                51.4          20.8%
    Ultrasonic Equipment                        28.7          11.6%
    Laser Instruments and Equipments            15.3           6.2%
    Biochemical Analytical Instruments          10.6           4.3%
    Others                                      12.0           4.8%
    Total                                      247.3           100%

    Source: CCID Consulting, August 2008

Medical Electronic Products Have the Largest Market Share

In 2007, developments in China's healthcare market, such as the increase in

SOURCE CCID Consulting Co., Ltd.
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