Research and Markets: Unique Insight into China

Tag : medical material.
Research and Markets: Unique Insight into China's MedicalApparatuses Industry with New Report (M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:18072008

Dublin - Research and Markets
(http://www.researchandmarkets.com/research/8eae1c/china_medical_appa)
has announced the addition of the "China Medical ApparatusesIndustry
Report, 2008" report to their offering.

Medical apparatuses, according to "Regulation for Supervisionand
Administration of Medical Device," consist of equipment,apparatus,
material or the necessary software that are used in combination or
separately in the human body. The State Food and DrugAdministration of
China separate the medical apparatuses into three categories in
accordance with the safety and effectiveness. The first categoryare
those that ensure the safety and effectiveness under routine
management; the second category must be controlled to ensure thesafety
and effectiveness; while the third category must be strictlycontrolled.

Presently, medical apparatuses are widely used in China, thanks tothe
ever growing economy and medical technology. The annual salesvolume of
China s medical apparatus market maintains a 9% growth, accordingto
the analysis of South Medical Economy Institute.

As one of the world s ten new-rising medical apparatus markets inthe
world, China s medical apparatus market accomplished a marketvolume of
more than CNY 60 billion in 2006 and the total production value isto
reach CNY 150 billion in 2010. According to the development plan ofthe
10th Five-Year Plan Period, China is trying to take a 5% marketshare
in the international medical apparatus market and enlarge that to25%
in 2050. Moreover, the industry is to welcome infinite developmentin
China since 2007.

However, 70% of the high-end medical apparatus market of China isheld
by large transnational enterprises, including GE, Siemens, Philipsand
so on. As the improvement of software development capacity and
precision electronic equipment production capacity, Chinese
enterprises, like Shenzhen ANKE Company, Shenyang Neu-soft Digital
Medical System Co., Ltd. and Weida Medical Applied Technology Co.,Ltd.
are gradually breaking the monopolization of international giants.

The report provides statistics, research and analysis of major
enterprises engaged in the medical apparatuses industry in China,
including Shenzhen ANKE Company, Shanghai MADISON Medical DeviceCo.,
Ltd., Beijing Shimadzu Medical Device Co., Ltd., Beijing Wandong
Medical Equipment Co., Ltd., Shenyang Neu-soft Digital MedicalSystem
Co., Ltd., Weida Medical

Key Topics Covered:

Economic Development of Chinese Medical Device Industry

- General Economic Development of Medical Device Industry

- Mechanical and Ward Care Device

- Artificial Limb, Artificial Organ and Implanted (Embedded) Device