In the 21st century,
the medical equipment industry will experience a fast development
period. With the deepening of the implement of opening-up and reform
policy, the living standard and quality of Chinese people have been
greatly increased. This has resulted in the high demand for better
medical and healthcare services. This competitive environment has led
to increasingly innovative solutions in the medical industry. Taking
military hospitals for example, the total value of medical instruments
and equipment at the moment is 15 times of the figure in late 1970s.
Imported Equipment And
The imported equipment
and instruments occupy 86 % of the total values thus providing that
China is a very promising market for the medical products. In 2000,
China spent approximately US$1.4 billion on imported medical devices,
a 15.5 percent increase over 1999. In the first half of 2001, China
imported US$891.7 million worth of medical devices, a 54 percent
increase over the same period in 2000. The increase is partly due to
the continued clearing up of gray channel imports, and the relaxing of
numerous registration regulations. Sales volumes have recovered as new
registration procedures and regulations have gradually been accepted,
and the backlog of certificate renewals for products that have been in
China for four or more years is now being addressed.
The domestic medical
device industry has advanced rapidly over the past twenty years since
China started its economic reform policy in 1979. Deng Xiaoping, the
late state leader, led the change from a planned economy to a market
economy with a consistent annual economic growth since 1979.
Presently, with 2900 medical device manufacturers, total output value
is USD 2 billion with a capacity to produce 12000 specifications, 3500
varieties in 47 categories. By the year 2000, total output value is
expected to reach RMB 30 50 billion yuan (USD 3.62 6.04 billion).
Recently, science and
technology have been widely applied to the medical device sector.
Large hospitals have utilized advanced medical equipment such as the
CT-X ray, MRI, Linear Accelerator, Ultrasonic-B and other high-grade
precision medical devices and have upgraded existing equipment.
According to the State Drug Administration, since 1996 over half of
all product registrations were submitted for "complex mechanical,
electronical technology" devices.
Installation of new
medical devices in hospitals is constantly increasing, and several
hospitals in big cities boast of some of the world’s most advanced
medical equipment, with even RK and PRK treatment centers operating in
some major cities. According to a recent official survey of large
medical equipment, China has 330 units of MRIs, 2,300 sets of CTs, 300
Linear Accelerators, around 2,500 Color Ultrasonic-B and 13
Despite these advances,
a population of 1.2 billion still desires better health services.
China continues to need more advanced domestic and foreign medical
devices for hospitals, specially in rural areas. According to domestic
medical experts, the increasing demand for medical devices is due to
the following factors:
The increasing population each year
The rapid economic development that encourages
hospitals to buy new equipment
The government policy aimed at upgrading health
Among the 180,000
medical institutions in China, 15 percent are equipped with medical
devices from the 60s and 70s. Demand for advanced medical equipment,
conventional laboratory instruments, dental devices, small
Ultrasonic-Bs, and small-type X-rays is expected to continue through
WHY CHINA MED 2003 –
THE RIGHT SHOW THE RIGHT MARKET
The Right Market
Situation of Medical
Appliance Import & Export in China
import and export values of Medical Appliance in 2001 (Unit: USD 100
The trade deficit
(imports vs. exports) amounted to value of US$788 million in 2001.
Some of medical
equipment’s import situation in China