Medical device market will reach 600 billion yuan | the highest proportion of these

According to the State Food and Drug Administration data, the medical device market in 2017 continued the high growth trend in recent years. 2011-2016 China's medical technology and medical device industry, the average annual compound annual growth rate of revenue of 20.7 %, Much higher than the global average compound annual growth rate of around 3% .In 2016, China's medical device market is about 370 billion yuan, and the market scale is expected to reach 600 billion yuan by 2019. Including imaging equipment, in-vitro diagnosis and high-value consumables Occupying the first three parts of the medical device market accounted for 19%, 16% and 13% of the total market size respectively.

The industry believes that policies, markets and new technologies still affect China medical instruments Three major factors in the development of the industry: The full implementation of graded diagnosis and treatment brings more opportunities for domestic medical equipment. The implementation of the two-vote system will further promote the transformation of M & A in the industry, the continuous upgrading of the industrial structure, the diversification of medical device products into customized and high- The development of the medical equipment market will intensify in 2018. The development of new materials technologies such as early screening technology, artificial intelligence, 3D printing, medical robots and graphene have revolutionized the medical market.