After the 2015 Subsector Report: Medical Devices Market in China, specific provisions and regulations for medical devices in China were released by the Chinese government. With the most recent changes taken into account, we provide you the newly updated Subsector Report on the Medical Devices Market in China.
China’s demographics will lead to an increased need for hospitals and medical devices. The sales of medical devices continue to increase rapidly, reaching a total value of CNY 370 billion (EUR 47 billion). For EU SMEs most opportunities can be found in selling mid to high-end medical devices to China’s Class Three hospitals.
Although the industry is growing, challenges can be found in the low-end medical devices segment and the increased government support to local manufacturers. Changes in procurement regulations might also create new difficulties for new and established EU SMEs. Key Contents
Regulatory Bodies, Policies, Regulations, Definitions and Classifications
Market Overview
Case Studies
Opportunities and Challenges
Practical Advice on How to Access the Market
Report Summary
Exhibitions
Relevant Associations & Chambers Useful Websites
Annex
Annex I: Terminology
Annex II: Provisions and Regulations for Medical Devices in China
Annex III: Medical Device Classification
Interested in other reports related to healthcare in China? Check the latest report on “The Healthcare Market in China“, get personalized help through the Ask-The-Expert function on our website, or contact us at info@eusmecentre.org.cn if you have other questions.
This report was published during the EU SME Centre in China Phase II (2014-2020), which was funded by the European Union (ICI+/2014/346-276).
The report was drafted in in collaboration with external creators, who worked under service agreements with the Consortium running the EU SME Centre Phase II. The copyrights and intellectual property of this publication belong to the Consortium partner China-Britain Business Council. The latter was authorised by and acted on behalf of the Consortium running EU SME Centre in China Phase II. The China-Britain Business Council, which is currently part of the Consortium running the EU SME Centre in China Phase III, has granted the rights of use of this report to the current Consortium. The report is therefore re-published and made available during the EU SME Centre Phase III.
