The Medical Device Market: China
China has the world’s largest population. In 2008, it was officially estimated at 1,328.0 million. The province of Guangdong, in south-central China, had the largest population, with 95.4 million, equal to 5.7% of the total. Eastern China was the most populated region of the country, inhabited by 382.4 million people in 2008. The area includes Shanghai, China’s largest city, with a population of 18.9 million.
In 2009, the Chinese government committed 850 billion yuan (US$124 billion) to develop the country’s healthcare system over a three-year period. The plan is to create a solid platform for universal healthcare access for all by 2020. The Chinese government expanded the health insurance programme to cover all rural residents by the end of 2008. Urban health insurance was already well established, covering nearly all working citizens, and the government plans to cover all urban dwellers, including the unemployed and children who were not covered previously.
The prospects for medical device spending is huge; the government has committed heavily in the construction of thousands of hospitals, healthcare centres, clinics and this will inevitably lead to spending on capital goods, most notably medical devices, equipment and furniture at an unprecedented rate in a relatively short space of time.
Priority has been given to the construction and renovation of around 2,000 county level-hospitals, so that each county will have at least one such facility. County-level hospitals are usually the best equipped hospitals in the country and must have at least 250 beds. The central government will fund the construction of 29,000 township hospitals, and the upgrading of another 5,000, according to the plan. The government has also allocated funds for the construction of village clinics in remote areas so that every village will have at least one unit by the end of the three-year period.
Since opening its economy to the West in the late 1970s, China has experienced rapid growth. For 2011, China’s GDP is estimated at US$6,898.0 billion. While this makes China one of the world’s largest economies, the sheer size of the population means that per capita wealth is relatively low, at around US$5,226 in 2011.
For 2011, Espicom estimates market growth to be in the region of 13.1%; one of the fastest growing markets in the world. High rates of growth are not uncommon in the Asian region, but on the back of a huge market size, China’s growth is particularly pronounced.
Latest annual data to December 2011 show that imports have grown very strongly during the period, rising by 26.6% to reach US$8,552.1 million. All product categories posted strong growth during the period, with consumables leading the way with a rise of 30.4% over the previous year. All other categories achieved over twenty-percent rises during the period except for orthopaedic products, which still achieved an impressive 14.4% rise over 2010.
Includes 3 quarterly updated outlook reports!
Please note: Report sections are periodically updated and some sections may have been updated more recently than the publication date given for the full report.
Related Pages:Market outlook
Distributors: Details of the medical equipment distributors held in Espicom’s database at the time of publication.
In 2009, the Chinese government committed 850 billion yuan (US$124 billion) to develop the country’s healthcare system over a three-year period. The plan is to create a solid platform for universal healthcare access for all by 2020. The Chinese government expanded the health insurance programme to cover all rural residents by the end of 2008. Urban health insurance was already well established, covering nearly all working citizens, and the government plans to cover all urban dwellers, including the unemployed and children who were not covered previously.
The prospects for medical device spending is huge; the government has committed heavily in the construction of thousands of hospitals, healthcare centres, clinics and this will inevitably lead to spending on capital goods, most notably medical devices, equipment and furniture at an unprecedented rate in a relatively short space of time.
Priority has been given to the construction and renovation of around 2,000 county level-hospitals, so that each county will have at least one such facility. County-level hospitals are usually the best equipped hospitals in the country and must have at least 250 beds. The central government will fund the construction of 29,000 township hospitals, and the upgrading of another 5,000, according to the plan. The government has also allocated funds for the construction of village clinics in remote areas so that every village will have at least one unit by the end of the three-year period.
Since opening its economy to the West in the late 1970s, China has experienced rapid growth. For 2011, China’s GDP is estimated at US$6,898.0 billion. While this makes China one of the world’s largest economies, the sheer size of the population means that per capita wealth is relatively low, at around US$5,226 in 2011.
For 2011, Espicom estimates market growth to be in the region of 13.1%; one of the fastest growing markets in the world. High rates of growth are not uncommon in the Asian region, but on the back of a huge market size, China’s growth is particularly pronounced.
Latest annual data to December 2011 show that imports have grown very strongly during the period, rising by 26.6% to reach US$8,552.1 million. All product categories posted strong growth during the period, with consumables leading the way with a rise of 30.4% over the previous year. All other categories achieved over twenty-percent rises during the period except for orthopaedic products, which still achieved an impressive 14.4% rise over 2010.
Includes 3 quarterly updated outlook reports!
Please note: Report sections are periodically updated and some sections may have been updated more recently than the publication date given for the full report.
Related Pages:Market outlook
- Key national data projections
- Current market size
- Unique 5-year market projections
- Market outlook
- Market structure; Including statistical data on imports and exports;
- Market access; Including distribution and medical device regulation;
- Healthcare analysis; Including demographics, healthcare system, health expenditure, healthcare infrastructure and personnel
Distributors: Details of the medical equipment distributors held in Espicom’s database at the time of publication.
Contents
EXECUTIVE SUMMARYINTRODUCTION
MEDICAL DEVICE MARKET ANALYSIS
Overview
The Market in 2011
Past Performance 2006-10
Future Performance 2011-16
The Chinese Market For Consumables
The Chinese Market For Diagnostic Imaging Apparatus
The Chinese Market For Dental Products
The Chinese Market For Orthopaedic Products
The Chinese Market For Patient Aids
Imports
Consumables
Diagnostic Imaging
Dental Products
Orthopaedic & Prosthetic Products
Patient Aids
Monthly Imports Data
Domestic Manufacturing
Domestic Production
Mindray
Shandong Weigao Group Medical Polymer
Multinationals
Multinational Manufacturers
Agfa
Aloka
Asahi Kasei Corp
Baxter
Becton Dickinson
Beiersdorf
Bracco
Convatec
Draeger
Eastman Kodak
Fimet
Fresenius Medical
GE Healthcare
Hitachi Medical
Laser Industries, Israel
Medtronic
Neich Medical
Nihon Kohden
Alfresa Pharma Corporation
Omron
Philips Medical Systems
Sakura Finetechnical Co
Bayer Schering
Shimadzu
Siemens
Terumo
Exports
Consumables
Diagnostic Imaging
Dental Products
Orthopaedic Products
Patient Aids
Monthly Export Data
ACCESSING THE MARKET
Distribution
Medical Device Regulations
New Registration Procedures
Medical Ads Require Approval of Provincial Health Departments
New Industry Standards for Medical Devices
Intellectual Property Rights
Local Manufacturing
Clinical Trials
Ministry of Health Regulations
Purchasing
Operation
Healthcare Analysis
Demographics
Population
Birth Rate
Death Rate
Infant Mortality
Life Expectancy at Birth
Public Health
Causes of Death
Incidence of Communicable Diseases
Incidence of Non-communicable Diseases
HIV/AIDS
Healthcare System
US$124 Billion Healthcare Reform Plan
Ministry of Health
Hospitals
Rural Healthcare
Health Insurance
Background
Medical Insurance to Cover all Urban Citizens
New Co-operative Medical Scheme (formerly Rural Co-operative Medical Scheme)
Commercial Medical Insurance
Red Cross Society of China
Health Expenditure
Healthcare Infrastructure
Inpatient Analysis
Healthcare Personnel
DIRECTORY
Healthcare Organisations
TRADE CODE CLASSIFICATIONS
METHODOLOGY
SOURCES
LIST OF TABLES
Summary Key Data Projections, 2011-2016
China Medical Device Market, Key Ratios, 2011
Espicom Analysis of the Chinese Medical Market, 2011
SWOT Analysis of the Chinese Medical Device Market, 2011
Projected Medical Device Market, 2011-2016
The Chinese Medical Device Market, 2006-16 (US$ millions)
The Chinese Medical Device Market, 2006-16 (US$ per capita)
The Chinese Medical Device Market, 2006-16 (% of Total)
The Chinese Medical Device Market, 2006-16 (% Change)
The Chinese Consumables Market, 2006-16 (US$ millions)
The Chinese Diagnostic Imaging Market, 2006-16 (US$ millions)
The Chinese Dental Products Market, 2006-16 (US$ millions)
The Chinese Orthopaedic & Prosthetic Devices Market, 2006-16 (US$ millions)
The Chinese Patient Aids Market, 2006-16 (US$ millions)
Summary Medical Imports by Product Area, 2007-11 (US$000s)
Summary Medical Imports by Product Area, 2007-11 (US$000s % Change)
Summary Medical Imports by Product Area, 2007-11 (CNY 000s)
Summary Medical Imports by Product Area, 2007-11 (CNY % Change)
Summary Medical Imports by Product Area, 2007-11 (% of Total)
Leading Medical Equipment Suppliers by Product Area, 2011 (US$000s)
Top 20 Suppliers to the Chinese Market, 2011 (US$000s)
Detailed Imports of Medical Equipment, 2007-11 (US$000s)
Detailed Imports of Medical Equipment, 2007-2011 (Growth Trends)
Detailed Imports, Leading Suppliers, 2011 (US$000s)
Monthly Imports Data to December 2011 (US$ millions)
Imports by Month, December 2009-December 2011 (US$ millions)
Import Growth by Sector, Latest Year and Quarter (%)
Mindray Revenue and Income, 2005-10 (US$ Millions)
Mindray Sales by Product Category, 2009
Shandong Weigao Group Medical Polymer Revenue and Profit, 2009-2010
Leading Local Manufacturers by Category
Summary Medical Exports by Product Area, 2007-11 (US$000s)
Summary Medical Exports by Product Area, 2007-11 (US$000s % Change)
Summary Medical Exports by Product Area, 2007-11 (CNY 000s)
Summary Medical Exports by Product Area, 2007-11 (CNY % Change)
Summary Medical Exports by Product Area, 2007-11 (% of Total)
Leading Medical Equipment Destinations by Product Area, 2011 (US$000s)
Top 20 Destinations for Chinese Exports, 2011 (US$000s)
Detailed Exports of Medical Equipment, 2007-2011 (US$000s)
Detailed Exports of Medical Equipment, 2007-2011 (Growth Trends)
Detailed Imports, Leading Destinations, 2011 (US$000s)
Balance of Medical Trade, 2007-2011 (US$000s)
Monthly Exports Data to December 2011
Exports by Month, December 2009-December 2011 (US$ millions)
Export Growth by Sector, Latest Year and Quarter (%)
Summary of Demographic Data, 2008
Projected Population, 2011-2016
New Co-operative Medical Scheme, 2004-08
Healthcare Expenditure, 2007
Projected Health Expenditure, 2011-16
Hospitals & Beds, 2008
Hospital Bed Projections, 2011-16
Admissions, 2002-07 (millions)
Hospital Admissions by Type 2008, (10,000s)
Hospital Bed Utilisation Statistics, 1997-08
Projected Number of Physicians, 2011-16 (000s)
HS Trade Codes Used in This Report
HS Trade Codes, Rearranged
LIST OF CHARTS
Chinese Medical Device Market by Category, 2011 (%)
Change in the Chinese Medical Device Market, 2006-2010 (%)
CAGR of the Chinese Medical Device Market by Product Area, 2006-2010 (%)
Market Projections, 2011-16
The Chinese Market For Consumables, 2006-16 (US$ millions)
The Chinese Market For Consumables, 2006-16 (CAGR)
The Chinese Market For Diagnostic Imaging Apparatus, 2006-16 (US$ millions)
The Chinese Market For Diagnostic Imaging Apparatus, 2006-16 (CAGR)
The Chinese Market For Dental Products, 2006-16 (US$ millions)
The Chinese Market For Dental Products, 2006-16 (CAGR)
The Chinese Market For Orthopaedic Products, 2006-16 (US$ millions)
The Chinese Market For Orthopaedic Products, 2006-16 (CAGR)
The Chinese Market For Patient Aids, 2006-16 (US$ millions)
The Chinese Market For Patient Aids, 2006-16 (CAGR)
Medical Imports, 1996-2011 (US$ 000s)
Change in Imports of Medical Equipment & Supplies, 1997-2011 (%)
CAGR of Medical Imports by Product Area, 2007-11 (%)
Medical Equipment Imports by Product Area, 2011 (%)
Leading Medical Equipment Suppliers, 2011 (%)
Total Output Value of China’s Pharmaceutical/Medical Device Industry, 1998-07
Exports of Medical Equipment, 1996-2011 (US$000s)
Change in Exports of Medical Equipment & Supplies, 1997-2011 (%)
CAGR of Medical Exports by Product Area, 2007-11 (%)
Medical Equipment Exports by Product Area, 2011 (%)
Leading Medical Equipment Destinations, 2011 (%) Skip to top