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CCID Consulting Discusses China's Medical Equipment Market
Date:11/28/2008

n 2006. The major reason is that with related policies' adjustment for medical product purchase and requirements saturation for such products, the growth rate slowed down, but with China's countries' and community health care system's gradual improvement, as basic diagnostic equipment, medical RF equipment market entered into a new round of rapid growth. Aiming at China's national and community health care markets, GE and Siemens developed high performance economic products also led to the rise of requirements and demand.

Common X ray products are the most basic medical diagnostic equipment. Because of the price drop, the products' purchases maintained a high level; with their market share growing rapidly. In 2007, China's CT and MR market requirements have entered a new round of growth. The major reasons are that the purchasing requirements in 2-3 tier cities grew and also hospitals in 1- tier cities upgraded high-end products.

    Figure 2: Size and Growth of China's Medical RF Equipment Market,
              2003-2007
   http://www.ccidconsulting.com/upload/13990.jpg

     Source: CCID Consulting, August 2008

Medical Ultrasonic Equipment Has Bright Future

Medical ultrasonic equipments include color ultrasonic equipments, black- and white ultrasonic equipments. In 2007, the sales revenue of this market reached 2.87 billion Yuan, up 20.1% year-on-year. The sales revenue of color diagnostic equipment reached 1.79 billion Yuan and the sales revenue of common black-and-white B-ultrasound reached 810 billion Yuan.

    Figure 3: Size and Growth of China's Medical Ultrasonic Equipment Market,
              2004-2007
   http://www.ccidconsulting.com/upload/13991.jpg

     Source: CCID Consulting, August 2008

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SOURCE CCID Consulting Co., Ltd.
Copyright©2008 PR Newswire.
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