| Global and China Medical Devices Industry Report, | | | | from a year earlier. In 2008, the China’s medical |
| 2009 | | | | devices industry achieved CNY69.435 billion of sale, |
| The development of medical devices industry differs | | | | merely 5% of global market scale. |
| afar in developed countries. In emerging markets like | | | | The hi-tech medical equipment, a focus of competition |
| China and India, it is the economic growth that drives | | | | among multinational corporations, is also one of the |
| the expansion of market scale, but in most cases, the | | | | fastest growing industries around the world. With the |
| expansion just means the increase of market capacity. | | | | improvement of the people’s living standard, the |
| Comparatively, the developed countries’ market | | | | global demand for medical healthcare has been |
| growth focuses on the new technology and the new | | | | enlarging, which stimulates the investments of countries |
| product development. With the prevalence of digital | | | | in such field. Currently, the hi-tech medical appliance |
| technologies and new materials, a great change might | | | | market is monopolized by only few large multinational |
| happen to the current medical devices. As is expected, | | | | enterprises including GE, Siemens, Toshiba, Hitachi, HP |
| the annual sales of novel digital medical devices will hit | | | | and Philips etc. Chinese market is also occupied by |
| more than US$100 billion in the following years. ( ) | | | | those multinational corps. In addition, GE announced in |
| Executive Summary : | | | | 2008 that it would roll out five new products to meet |
| America, Europe and Japan are listed top three in | | | | the demand of Chinese rural basic medical treatment |
| sequence in the global medical appliance market. The | | | | market before 2010. Wuxi R&D Center (China) |
| overall market size of the three occupied nearly 78% | | | | answers for the localized design and production of the |
| of global medical devices market in 2008. The global | | | | products. The China’s local enterprises have to |
| medical appliance market size declined 0.4 percentage | | | | face strong competition from the giants in the long run. |
| points to US$206.59 billion in 2008, but a rise of 6% | | | | |