Medtec china 2020 will take place in shanghai world expo exhibition convention center in hall2 hall4 which will gather 500 exhibitors and 30 000 visitors from medical industry.
China medical equipment market.
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Medical device market growth witnessed in the region is likely to be driven by the well developed healthcare infrastructure and faster adoption of new medical technologies.
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In china the medical device market now accounts for 14 of the pharmaceuticals market.
And while we re dealing with this nonsense china has also reportedly tried to corner the market on personal protection equipment which is essential for.
With the further growth of chinese residents demand for medical and health care it is estimated that the market scale of china s medical device industry will reach 290 billion yuan in 2018.
Sales of medical devices in the country reached rmb 200 billion in 2013 making it the second largest market in the world according to the u s.
Asia pacific on the other hand is an emerging market exhibiting high growth potential due to increasing per capita income increasing aging population increasing disease.
Tencent launched in 2017 the ai medical innovation system or aimis 觅影 miying in chinese an ai powered diagnostic medical imaging service.
China s tech giants crowd medical equipment market increasing investment of tech giants in this lucrative market is expected to shape the future of the medical device market in china.
As one of the global medtechworld series exhibitions we have brought nearly a thousand suppliers of medical design and r d raw materials accessories processing technology and manufacturing services to china.
The world economy has ground to a halt.
In contrast this number goes up to 42 globally.
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As the world s second largest economy we therefore believe there is a significant growth potential of the medical device sector in china.
China is currently one of the world s most promising markets for medical devices.