China's total output value of medical devices reached 500 billion yuan, an average annual growth rate of more than 10%

The Blue Book of Medical Devices - China Medical Device Industry Development Report (2017) was released in Beijing on the 28th. As of the end of 2016, there were 15,343 medical device manufacturers in China, with a total output value of nearly 500 billion yuan, and China has become one of the world's leading producers and consumers of medical devices, the Blue Book said.
China Medical Device Industry Development Report (2017) is the first blue book of China's medical device industry, the report from all over the country by the relevant administrative departments, industry associations, universities, enterprises, more than 70 experts jointly compiled, is a more comprehensive and systematic industry report so far, to fill a gap in China's medical device industry, the future development of the industry has a certain guiding significance.
Blue Book said that in the past few years, China's medical device industry has developed rapidly, with the growth rate of the main business income of production enterprises above the scale at 11.66%-22.20%, significantly higher than the growth rate of national economic development during the same period, the situation of high-end medical device research and development and production is encouraging, and innovative products are emerging at an accelerated pace. However, from the overall development of the industry, especially compared with developed countries, there is still a large gap.
The Blue Book points out that, first, the average size of China's medical device manufacturers is small, second, China's high-end medical devices in the overall quality and technical level compared with similar products in developed countries, third, the low proportion of investment in research and development, weak original innovation capacity, and fourth, domestic medical device products into the hospital market has obstacles.
, China's medical device industry will continue to expand the market. China's total annual sales of medical devices are expected to exceed RMB700 billion by 2020, and the average annual growth rate of China's medical device industry will remain above 10% over the next 10 years.
also believes that from the trend of China's medical device imports and exports, the total import and export volume will be further increased. Among them, imported medical devices will continue to be dominated by high-end imaging products, the proportion of exports of high-end medical devices will continue to increase, the export of medical devices will gradually improve the variety structure. (China News Network)