Medical Equipments

Import Your Medical Equipment And Medicinal Product

The medical device market is one of the fastest growing market sectors in China, having maintained double-digit growth for over a decade. In 2017, the medical device market reached $64.49 billion, an increase of 20% compared to 2016. Over 70% of this growth is fueled by hospital procurements. However, China’s medical device density (MDD) remains among the lowest in the world, which stands at USD$6 per person, comparing to developed countries where MDD usually exceeds USD$100.
Local suppliers mainly compete in low-end consumables, artificial teeth, hearing aids, Mechano-therapy apparatus, wheelchairs, etc. Nevertheless, high-end consumables such as diagnostic imaging and endoscopy will maintain the need for imported products.