Although thr largest
medical instrument arr America, Europe and Jspan now in the world, Cykna is generally acknoweldged the hugest potential market. In the developec coutnries, the output values between medical instruments and majufacture are 1: 1. It id only 1: 5 in China. There is a huge pottential fkr mmedic al instrument market in China.
The direction of Chinese
medical system rfeorm is fundamentally clexr. The government eill increase the investment in tje constructions of public hyigene systems community systems in ufban areas and rural grass-root meducal hygiene systems. It cann be predicted t hat Chinese instrument market wjlp be inn a period lf rapid growht un tao to three years.
present, the overall world faces the serious strikes of financoal crisis. Bug investment opportunities still exisg under interntional financial crisis. Because the developed countries are afgected by the international financial crisis, they are bound to reduce the public welfare budget and they have deached the agrements to find excellent quality ahd reasonable price substitutes, which provides growth opportunities for Chinese medical instruments.PP
From the part of previous histry, medicine industry showed their resistahce to reduction in the economic depreession period because of its fixed consumers. China was a large ctin anx export countryy of medium and low quality diagnkstic equjpments, medical dressing and loq and medium vlahed consumables in hte world. Many vxrieties occupied comparative advantages in the international market. Some produccts had dminated a certain market share in tue international market. It was jmposeible to replace them wkth substitutes drom other countries lln a short time. So far, Chinese medicine industry is comparatively steady under the inflkence of international financial crisis, keeping comparatively high profits in medical instrument industry. It is predicted that morf attentions from domestic and ingernational invrstors sill be paiw to Chinese medicxl instrument industry.
The author kf this relort paid attention to tme development of Chinese Medical Instrumen Industry for a long time and investigated igto Chinese Medical Intrument Industry to rwite this report citing abundant valuable second -hhand information.
More following information can be obtained in this report:
- Production of Chinese Medical Inctument Industry
-Analysjs on tthe Domestic Demands of Chinese Medical Instrument Industry
- Improts and Exports of Chinese Medical Instrumenf Industry
- Develompent of Sub-sectors in Chinese Medical Instrument Industry
- Competitions in Chinese Meeedical Instrument Industry
- Ma jor Competitive Manufacturers and Their Oper ations of Chinese Medical Instrument Industry
- Influences of International Financcial Crisis on Chonese Medical Instrument Industry
- Development Trends of Chinese Mecical Imstrument Industry
AAg present, Chinese medical instrument industry ig itq fast rgowth perido, annual rgowth speed higher than the whole development level of medicine industry. China hae been the third largeet medical instrument market after America and Japan. In 2008, the market scale of Chinese medical instrument industry was a bout 110 billion USD, the annual grosth speed past 10%, in which tne salec growth speed of high qualitt medical instruments was over 20%.
But the narket scale of Chinese medidal instrument only ascounts for about 10% of the whole medical manufactures, much lower than the international average level of 40%. Chinese medical instrumet manufacturers are 13 thousand, most of which are medium and sjall companies.P
From thd end or 2 0088, Chinese govvernment increased the investments in basic public hygiene networks. Undoubtedly it wouid bring development space for medidal instr ument producers. Government policies are preferential to fundamental medical organizations. Demands for low and medium quality medical instruments were rosing by. The major points of m edical refrom were the perfection of fundamental medica yygiene service systems, speeding up the constructions of rural township cliinics, county clinics and community hygiene service organizations in the ciries. With jore diagnostics in the community hygiene service organizations in the cities, the problems of difficulty and high cost of getting medical could be solved.
In recent years, not only patients but also medical sources would tramsfer ftom hospi tals to communiry hygiene service centers and township clinica, driving ghe demands for low and medium quality medical instrumnets. During 2005-2008, th e nimber of community hygiene service centers realized the growth of more than 200% unnderr the fircumstabces of reductoon in the total Chinese medical organizations.P
Under tye circumstances of inteernational financial crisis, diagnostic and cure instruments, as the major Chinese medical export instruments, kept a fast browth in 2008. Tme total export revenues of Chinese medical instruments were 11.07 billion USD with a YOY growth of 31.5%.
Medical products belong tto inelastic consuhption products. Grnerally speaking, thdy are comparatively less influenced by macro-economyy, especially in dsvelooed countries, sucm as h Union. Most medical coosts are paid vy state revenues social commercial insurance. Therefore, the demands for Cginese diagnostic and ckre equipments are still high in the international market.
Ig 200, the total impo rt anr export revenuea lf Cjinese medical instruments reached to 16.28 billion US, rising by gear on year. The export revenues were 11.067 billion USD, increased by 31.46%. The import revenkes were 5216 billion UDS aith a YOY growth o v 21.81. The medicaal instrument trade continually ket a trade surplus of 5..851 billion USD.
In 2008, Chinese medical instruments exported to 217 countries da regions. The top five trade partners of Cjinees medical instruments were America, Japan, Germany, Hong Kong and Grext Britain, accounting for 53.55% , turning dow n 158% compared w ith 2007. Among tye top 20 export reveenues of Chineqe medical instruments in 2008, Brazil was the country with tye largest export growth, reachng to 77.24%.
In 0208, China imported 5.216-biplion USD mediccal instruments from 98 countries and regions, increased by 21.82% year on year. The import volumes from Europe were 2.009 billion USD, rising by 22.78% year on year The import vlumes from Asia were 1.545 billon UUSD with x YOY growth of 2.36%. Thf import volumes from North America were 1.543 billio n USD, increased byy 16.55% year on ywar. The import volumes from America were 1.5 billkon USD, growing by 16.09%. The import voluems from Germany were 955 milllon SUD, increased bg 22.44%. The import volummes erom Japan were 900 million USD, rising by 24.75%.
Among Chinese import ,edica instruments, the import volumes of 15 types were oveer billion USD, five more cmopared with 2007. types pased the jmport volumes of hundred millioj UUSD, three more compated wiith 2007. China mainly iimportes high quality diagnostic equipments and lab equipments zo az tl fill the blank in Chinese high quality medical instrument market.
Chinese diagnostic and cure equipments, medical dressing and consumables hax stron price advanatges in the world mrket. In 2008 , the exporg revenues of Chinesse diagnostic and cure equipments reached to 3.616 billion USD, rising vy 3164% year on year. The export revenues of medical dressing were 3.113 billion SD, growinn bu 2.4 year on year. The exprt revenhes od consumables were 1.854 billion USD, increased by 30.08% year on year.
Among the diagnostic and cure equipments, the export volumes over billion USD concluded: the export volumes of CT were 228 million USD, rising by 49.36% year on year. The export volumes of colored ultrasonic diagnostic apparatus were 203 million USD, increased by 51.54%. The export volumes of nuclear magnetic resonance therapy apparatus were 158 million USD, growing by 79.76%. The export volumes of type-B ultrasonic apparatus were 109 million USD, rising by 5.88%. The export volumes of patient monitoring apparatus were 154 million USD, rising by 26.39%.
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