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The future of Chinese Medical industry
Views:26 Release time:2018/12/3

The compound growth rate of China's medical device market from 2010 to 2017 was 19.9%. At present, the market size is about 448 billion yuan. According to the 2017 Annual Report on Food and Drug Administration Statistics, as of the end of November 2017, there were 16,000 medical device manufacturers in the country, and there were 410,000 second- and third-class medical device operators. The "China Medical Device Industry Development Report (2017)" predicts that by 2020, the total annual sales of medical devices in China will exceed 700 billion yuan. In the next 10 years, the development speed of China's medical device industry will continue to maintain an average of more than 10% per year.

                      

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