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    Home > Active Ingredient News > Drugs Articles > By the end of 2019, the market size reached 800 billion yuan

    By the end of 2019, the market size reached 800 billion yuan

    • Last Update: 2021-02-19
    • Source: Internet
    • Author: User
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    12, 2020 China Medical Equipment Conference and Medical Equipment Cloud Exhibition, hosted by the China Medical Equipment Association, opened in Beijing. According to the Green Paper on the Development and Trends of China's Medical Equipment (2020), released at the conference, by the end of 2019, there were 18,000 industrial producers and a market size of RMB800 billion, an increase of 11.11% over 2018. China's medical equipment market grew by 5.48 percentage points over the same period last year.The sudden outbreak of the new crown in 2020 has ushered in an "unwed" test for China's medical equipment industry. The convening of the China Medical Equipment Conference has attracted wide attention from the industry. Compared with previous years, this year's conference for the first time adopted a combination of online and offline, through the "cloud conference, cloud exhibition" held a total of more than 200 academic forums, online display of more than 10,000 medical equipment.Yu Xuejun, deputy director of the National Health and Health Commission, said at the conference that the China Medical Equipment Association fully supported the work of prevention and control materials in the event of an outbreak, and promptly formulated and updated the catalogue of urgently needed medical equipment for the prevention and treatment of the new coronary pneumonia epidemic, reflecting social responsibility and responsibility. He encouraged the China Medical Equipment Association to continue to "play the role of bridge and link, organization and driving role, in-depth promotion of industry, research and development of collaborative innovation, innovation of the rapid development of the medical equipment industry."In his speech to the General Assembly, Vice Minister of Industry and Information Technology Xin Guobin pointed out that the convening of the China Medical Equipment Conference is timely at a special time when the country's production order has been basically restored and the normal prevention and control of the epidemic has advanced in depth. He said that in the face of the current new round of scientific and technological revolution and the opportunity for vigorous industrial changes, industry organizations, production enterprises, research institutes, medical institutions and other sectors should strengthen cooperation to jointly promote the high-quality development of the medical equipment industry.According to the Green Paper "China's Medical Equipment Development Status and Trends (2020)" released on the same day, by the end of 2019, the number of industrial production enterprises had reached 18,000, with a market size of 800 billion yuan, an increase of 11.11% over 2018. The global medical device market ($451.9 billion) grew 5.63 percent year-on-year. China's medical equipment market grew by 5.48 percentage points over the same period last year.According to the Green Paper's 10-year statistics on the size of China's medical equipment market, China's medical equipment market grew from 214.8 billion yuan in 2010 to 800 billion yuan in 2019, with an average annual growth rate of about 15%, far higher than the international growth rate of 5%.During the opening ceremony of the conference, the relevant leaders of the China Medical Equipment Association also presided over the unveiling ceremony of the Training Base of the China Medical Equipment Association (Suzhou) on site, and issued the sixth batch of outstanding domestic medical equipment product catalog certificates for more than 20 medical equipment enterprises such as Shanghai United Shadow and Shenzhen Meirui. The event was broadcast live on the official platform of the General Assembly. (China News Network)
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