China & North East Asia Medical Device Market Reports

Date: January 29, 2014
US$ 4,856.00
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Publisher: Espicom Business Intelligence
Report type: Strategic Report
Delivery: Online Subscription

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China & North East Asia Medical Device Market Reports
Diverse markets, diverse opportunities

These countries are currently undergoing different phases of development, both in overall terms and more pertinently, in the growth of their respective medical device markets.

Japan, South Korea and Taiwan represent highly-developed medical device markets with advanced healthcare systems and high levels of spending, both in the private and public sector. This has inevitably placed a strain on governments, who have in recent years tried to temper escalating spending by introducing various cost containment strategies, including periodical price cuts/reimbursements for medical devices and equipment.

However, spending has continued to rise; key factors being the ageing demographics and the high standards of healthcare the population has grown to expect.

Japan and South Korea, in particular, have strong domestic manufacturing capabilities, especially for modern high-tech medical devices, but these countries continue to rely heavily on imports to meet demand.
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