HEALTH TECHNOLOGY
According to the World Health Organization, 1 in 3 diabetics worldwide live in China. This fact alone opens up a gap in submarkets specializing in devices and solutions for the well-being of the Chinese.
- Export of medical devices
- Medicine logistics in China
- Health Technology Startups
- And much more!
In our infographic, you can find out about the growth of the medical device market and the technologies and strategies adopted by the Chinese market, check it out!
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By 2030, it is estimated that the country will have +25% global share in the medical device industry
Over 50 billion estimated medical equipment market value
Products to aid in rehabilitation were the most exported by the country in recent years
Do you use any technological device to assist in the quality of your health?
In China, the medical device sector continues to rise. With population growth of people over 65 years old – Chinese government estimates predict that 40% of the country’s population will be over 65 years old in 2030, driving the growth of the market and medical technologies.
China’s 13th Five-Year Plan prioritizes healthcare and innovation, which improves prospects for foreign medical device makers as they navigate an economy marked by growing demand for high-tech imports to treat chronic and age-related illnesses.
Considered one of the most promising medical device markets in the world.
This fast-growing industry is expected to continue on an upward trajectory, supported by a number of factors, including rising incomes and continued improvement in healthcare services at hospitals and clinics across China.
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