Navigation Links
Medical Device Manufacturing in China Industry Research Report – Now Available from IBISWorld
Date:9/11/2013

San Francisco, CA (PRWEB) September 11, 2013

The Medical Device Manufacturing industry in China is set to generate $9.3 billion in 2013, reflecting an annualized growth rate of 14.0% over the past five years. Strong industry performance has been supported by the increasing purchasing power of hospitals, improvements in living standards and therefore demand for medical diagnoses, technology upgrades in hospitals, requirements for higher quality products and the development of China's western regions, says IBISWorld.

Industry imports still account for over half of domestic demand, as hospitals, especially large ones in China's developed cities, significantly prefer foreign diagnostic equipment. However, the level of technology used by the largest domestic medical device manufacturers is improving and export growth is strong, says IBISWorld. In addition, technologically advanced foreign companies are well established in this industry, which will continue to lower the need for imports over time.

In 2013, the top four players in the Medical Device Manufacturing industry – GE Healthcare, Shenzhen Mindray Bio-Medical Electronics, Siemens, and China Medical Solutions Group – account for a combined 46.7% of industry revenue. This medium concentration level will increase as the industry moves into the mature phase of its life cycle, with larger participants acquiring smaller companies with fewer resources, says IBISWorld. Small companies will also exit this industry or move into other industries because of increasingly intense competition.

For more information, visit IBISWorld’s Medical Device Manufacturing in China industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld Industry Report Key Topics

Firms in the Medical Device Manufacturing industry in China manufacture medical diagnosis equipment, medical monitoring equipment and medical treatment equipment. Industry products include computerized tomography (CT), magnetic resonance imaging (MRI), ultrasound and other medical equipment.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Read the full story at http://www.prweb.com/releases/china/medical-device-mfg/prweb11071386.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Globalsurance Reveals Singapore Medical Insurance Inflation Rates for 2013
2. Health and Wellness Travel Portal MyMEDHoliday.com Adds Philippines to Its Popular Medical Tourism Destinations
3. DXE Medical, Inc. Featured in September Issue of Nashville Medical News
4. Jose’s Hands to Host The World’s First Red Carpet Medical Mission Awards in Miami Beach
5. Online Medical Supplies Sales in the US Industry Market Research Report Now Available from IBISWorld
6. Mobile Health Apps Market: 80% Revenue of mHealth Market Dominated by Connected Medical Devices Segment Says a New Report Available at RnRMarketResearch.com
7. Life Long Weigh Now Offering New Plans for Medical Weight Loss
8. Kalen Biomedical, LLC Signs Distribution Agreement with Beijing LeBo Biological
9. Pima Medical Institute Offers New Bachelor of Science in Physical Therapist Assistant
10. BCLS Certification Expert United Medical Education’s New Blog Post Explains the Online Course
11. Globalsurance Reveals 2013 Medical Insurance Inflation Rates in Hong Kong
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... San Diego, CA (PRWEB) , ... June 24, 2016 , ... ... up with the American Cancer Society and the Road To Recovery® program to drive ... care to seniors and other adults to ensure the highest quality of life and ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... ... client, The Grove Investment Group (TGIG), has initiated cultivation and processing operations at ... Las Vegas and Pahrump, Nevada. , Puradigm is the manufacturer of a complete ...
(Date:6/24/2016)... ... June 24, 2016 , ... Advanced ... 2016 Miss Arizona pageant as its official Medspa Sponsor. Dr. Josh Olson, a ... Chandler, Arizona. , Dr. Olson says the decision to support the pageant ...
(Date:6/24/2016)... ... , ... SpiritQuest Sedona Retreats, located in Arizona has re-located to 75 Kallof ... Cathedral Rock, Airport Mesa, and Boynton Canyon. The new retreat center is ... as the Sedona Rouge, both popular accommodations for SpiritQuest clients. The Medicine Wheel, ...
(Date:6/23/2016)... ... June 23, 2016 , ... The Mechille Wilson Agency, ... throughout Jasper County and the surrounding region, is initiating a charity drive to assist ... raise funds earmarked for a scholarship fund that will be presented to the chosen ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 24, 2016 According to a ... (Standard Pen Needles, Safety Pen Needles), Needle Length (4mm, ... Hormone), Mode of Purchase (Retail, Non-Retail) - Trends & ... studies the market for the forecast period of 2016 ... 2.81 Billion by 2021 from USD 1.65 Billion in ...
(Date:6/23/2016)... June 23, 2016 Research and Markets ... Market - Forecast to 2022" report to their offering. ... method for the patients with kidney failure, it replaces the ... from the patient,s blood and thus the treatment helps to ... chloride in balance. Increasing number of ESRD ...
(Date:6/23/2016)... , June 23, 2016 Research ... MEMS Devices Medical Market Analysis 2016 - Forecast to 2022" ... The report contains up to date financial data ... analysis. Assessment of major trends with potential impact on the ... analysis of market segmentation which comprises of sub markets, regional ...
Breaking Medicine Technology: