Cheaponsale.com Reports Asian Medical Device Industry

  Asia has more than 40 million people anddiagnostic instruments, atrial defibrillator, heart
enormous energy reserves. The past 20 years, China,pacemakers, and various large-scale electronic
India, Asia's two great powers of rapid economicdiagnostic equipment . This will instrumentarija Europe
development and promote economic prosperityand the United States to create more export
neighboring countries, Western economists thusopportunities for providers.
recognized that a new "Asian Age" is coming,     On the other hand, India is different is that
whereas the traditional by Europe, the United States toChina is capable of producing the vast majority of
dominate the world economy, the two continents willcommonly used medical device products, particularly
follow the pattern of change, these changes alsoChina has the world's strongest disposable medical
were present in the medical device industries. In thisdevice products, such as disposable syringes, infusion
paper, in recent years from China, India, Japan, Korea,sets, blood transfusion bags, general surgical
Malaysia, Thailand and Indonesia and other Asianinstruments products, the kinds of medical textiles
countries, the medical device industry, trade patterns,(including sanitary napkins, sterilized gauze, surgical
market development, detailed analysis is not difficult totowels, medical clothing) production capacity. At
see that the Asian medical device industry, there arepresent, China has a certain scale of production will
many opportunities and great development potential.exceed the number of medical appliance
     "Today's Asia is no longer a backward,manufacturers in Europe, the United States the sum of
underdeveloped continent, but a full of businessmedical appliance manufacturers, including 200 medical
opportunities in the 'new continent', this place hasappliance manufacturers specialized in producing
become an international medical device industry, a bigdisposable medical device products. Through the years
market." Bridge of the U.S. Pacific pharmaceutical /of development, China has become a fast-rising
medical device consulting firm Gross, CEO, saidmedical device product exporting countries, many
recently analyzed the industrial prosperity of Japan islabor-intensive low value-added export markets
Asia's largest medical device market, is also themedical device products, such as the United States
world's second largest after the U.S. medical devicemost of the clinical use of disposable syringes from
market, with annual sales of up to 45 billion U.S. dollarsChina.
(U.S. 860 million), it is the largest U.S. export market for     India: Tourism Economic stimulus to imports
medical devices, the U.S. medical device exports to     Though India is second only to China, the
Japan in recent years maintained at about 35 billion U.S.world's most populous country, but its lack of
dollars per year, higher than its in Germany, theeconomic output of China's 1 / 4. In recent years, India's
Netherlands, Canada, England, Mexico and otherexports of bulk drugs developed rapidly, but India has
countries exports of medical devices; China is Asia'snot yet established the basis of the medical device
second-largest medical device market, the size of upindustry, medical equipment production is one of the
to 40 ~ 80 million; much smaller than China's totalcountry, "short-legged," most of its domestic need of
economic output of India and want to enter "themedical equipment products imported from abroad,
world's seventh largest economy" in South Korea hasCanada the past decade, India to develop "medical
become Europe and the United States instrumentarijatourism" industry, every year 10 thousand patients in
Business Eye inside the hot market for WesternEurope and the United States as tourists to India
countries and India in 2007, South Korea's medicalhospital for treatment, it can create 150 million U.S.
equipment exports at 18 billion or more, only the Uniteddollars annually in medical device products imports.
States to South Korea's total exports of medical     Southeast Asia and West Asia: is expected
equipment that is more than 800 million U.S. dollars;to become the new hot spot
while long-term economic development is lagging     Malaysia, Thailand and Indonesia and other
behind in Southeast Asia, also from the past, theSoutheast Asian countries are expected to become
world's medical device market, the "extra" to theAsia's new hot spot for medical device market in the
rapidly growing business for Europe and the Unitedcountry, economic experts predict that medical
States instrumentarija important customer.equipment in Southeast Asia combined annual import
     Status: enjoys a good reputationand export volume will reach more than 1.5 billion U.S.
     Japan is Asia's largest medical device market.dollars.
The country already has a complex and     West Asia due to abundant reserves of oil
comprehensive medical device regulations, as well asand natural gas, coupled with soaring international oil
a large number of well-educated professional andprice in recent years, so that the country benefited
technical personnel, so the Japanese medical devicefrom West Asia. In the future, West Asia will become
products in the international market, enjoys a goodan important medical device market is expected to
reputation. For Europe and the United States medicalWest Asia, imports of medical equipment is expected
equipment exporters, in order of their products into theto more than one billion U.S. dollars.
Japanese market is not an easy task, because     Opportunity: "Outsourcing" Business is
Japan's imports of medical equipment products haveexpected to continue to be a
very strict approval and testing procedures, more     Asia is not only a fast-growing medical device
important is that Japan itself is the world major medicalmarket, and Europe and the United States
equipment producer and exporter of power.instrumentarija's product "outsourcing production" an
     China: full of business opportunities forimportant base. This is because China, India and some
     For Europe and the United StatesSoutheast Asian countries in labor costs much lower
instrumentarija traders are concerned, China is not onlythan European and American countries, and higher
a major export market is also a major import market.levels of workforce skills. Currently, GE, Siemens, IBM
On the one hand, and different from Japan until theand other large companies in China, India and other
early 90s of the last century, China is still a lack ofAsian countries have set up a production line, directly in
good products on the import of medical devices rulesthe production of these products and nearby Asian
and regulations, coupled with China's lack ofcountries in the Asian market so as to reduce
self-development, producing high-end medicalproduction costs and transportation costs. European
equipment products (such as CT, MRI, PET, etc.)and American firms to consider outsourcing production
capacity, and domestic type of diagnostic equipmentbases in Asia, the establishment of another factor is
they needed, so the last century, 90 years, with China'sthat countries such as China and India have
rapid economic development, its fast becoming Europesuccessively through intellectual property protection
and the United States manufacturers of medicallaws and regulations, which the West instrumentarija
products to sell high-end mass market. According tobusiness products "eastward shift of the production" of
the U.S. Pacific Bridge Consulting, Inc., the last century,pave the way; China, India and other Asian countries
90 years, China's import volume CT machines has farhave started to adopt the International Organization for
exceeded except Japan, most Asian countries.Standardization (ISO) of the medical device
     At present, Europe and the United Statesmanufacturing management methods, and therefore
instrumentarija providers generally believe that China isthe above-mentioned Asian countries, commissioned
Asia's largest market for business opportunities. Chinaby the production of high-quality medical device
not only has a population of 1.3 billion, and the Chineseproducts can successfully enter the international
government holds huge foreign exchange reservesmarket.
(this is better than other Asian countries), and therefore     According to the latest reports from the
ability to pay is not a problem. Another factor can notforeign media last year, the U.S. medical device
be overlooked is that China and Japan, as the growingproducts, "outsourcing" of the country's total output
aging population in China, many cities, the urbanvalue of the medical device industry (about 90 billion
population aged over 60 accounted for 16% of theU.S. dollars) in 9%, or 81 billion U.S. dollars. This is not a
proportion of elderly people in Japan more than China.small figure. U.S. medical device company of 4% of
The elderly more than other groups in need of medicalthe "outsourcing" the allocation of items give
equipment products, particularly consumer electronicsMexico-based Latin American countries, other projects
devices such as diagnosis and treatment of minorwere allocated to the Asian countries. With the
medical equipment products. Western economists,American expansion of the scale of production in Asia,
analysts believe that the future will be like Japan, Chinathe next few years, the United States instrumentarija
needs to import more of the implantable vascularbusiness may be the production of precision medical
stents, orthopedic equipment, home electronics,equipment transferred to Asian countries.