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Medical devices receive strong policy support
Release Time:
2020-10-22
According to a sampling survey conducted by the Medical Devices Branch of the China Medical Products Association, the sales volume of China's medical device market in 2015 reached approximately 308 billion yuan, an increase of 52.4 billion yuan compared to 255.6 billion yuan in 2014, representing an average growth rate of approximately 20.05%.
According to a sampling survey by the Medical Device Branch of the China Medical Products Association, the sales volume of China's medical device market in 2015 was approximately 308 billion yuan, an increase of 52.4 billion yuan compared to 255.6 billion yuan in 2014, with an average growth rate of approximately 20.05%.
With the acceleration of population aging, the pharmaceutical industry, especially its sub-sector of medical devices, is receiving increasing attention. From 2009 to 2014, the overall scale of China's high-tech medical device manufacturing industry grew 2.32 times, indicating the rapid development of the medical device industry. Judging from the performance of relevant listed companies on the A-share market, the medical device sector has delivered impressive results this year. In the first quarter report, 15 out of 23 medical device companies saw growth in their performance. Among the 3 companies that released interim performance forecasts, 2 reported positive results.
From a policy perspective, the state also strongly supports the medical device industry. The General Office of the State Council issued the "Guiding Opinions on Promoting the Healthy Development of the Pharmaceutical Industry," which includes content closely related to the medical device industry, mainly focusing on strengthening technological innovation, accelerating quality upgrades, optimizing industrial structure, deepening external cooperation, and cultivating emerging industries.
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