Chinese Medical Devices Market: Special Examination and Approval Procedures for Innovative Products to Speed up Overseas Device Entry Into Chinese Market

DALLAS, January 30, 2015 /PRNewswire/ --

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China's regulatory framework for medical devices is undergoing radical changes. China is one of the fastest growing global economies with a fifth population in the world, and is one of the largest healthcare markets around the world. Along with sustained economic and population growth as well as an ageing population, Chinese healthcare market has maintained annually average growth rate above 16 % since 1990s. Among them, medical devices represented dynamical growth since 2000s. By 2013, total value of medical devices on Chinese healthcare market has reached 179 billion RMB. Medical devices have been widely used in the process of disease prevention, diagnosis, therapy, care and rehabilitation. Complete report available at http://www.marketreportsonline.com/396455.html .

On the Chinese medical device market, imported overseas medical devices made by overseas and multinational medical device manufacturers account for about a half, in which the high-tech and high-valued medical devices, such as magnetic resonance imaging, CT are almost monopolized by GE, Siemens, Philips and other overseas and multinational companies. It is estimated that Chinese medical device market will be likely to be more than 340 billion RMB by 2015, and will surpass Japan to become the second largest medical device market behind the United States.

Chinese Special Examination and Approval Procedures for Innovative Medical Devices: speed up overseas innovative medical devices entry into Chinese market provided a comprehensive and thorough knowledge of the latest Chinese special examination and approval procedures for innovative medical devices to guide overseas and multinational medical device manufacturers how to conduct practical operation in compliance with the Chinese regulations.

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Chinese regulatory authorities China Food and Drug Administration unprecedentedly set a special examination and approval procedures for innovative medical devices since March 1, 2014, which provides a opportunity to speed up overseas innovative medical devices entry into Chinese market, and reduce risk from the registration examination uncertainty and approval delays to eat up your time and energy. How to grasp the opportunity to speed up your innovative medical device product approval time? The overseas and multinational medical device manufacturers must have a comprehensive and thorough knowledge of the Chinese special examination and approval procedures for innovative medical devices.

Comprehensive Table of Contents and more on this research is available at http://www.marketreportsonline.com/396455-toc.html .

Chinese Special Examination and Approval Procedures for Innovative Medical Devices: speed up overseas innovative medical devices entry into Chinese market provided a comprehensive and thorough knowledge of the latest Chinese special examination and approval procedures for innovative medical devices to guide overseas and multinational medical device manufacturers how to conduct practical operation in compliance with the Chinese regulations.

Companies Mentioned: GE, Siemens, Philips

Key Highlights 

• What innovative medical devices are applicable to Chinese special examination and approval procedures.
• Who are the Chinese regulatory authorities for special examination and approval of overseas innovative medical devices?
• The Chinese special regulations for overseas applicant.
• How many application dossiers for an oversea innovative medical device should be prepared.
• The detailed practical guidance for application of special examination and approval of overseas innovative medical devices to smoothly navigate complex regulatory requirements step by step.
• What are the benefits from Special Examination and Approval of Innovative Medical Devices: Process Priority and Interactive Mechanism?
• The significant suggestions for overseas and multinational medical device manufacturers to acquire the qualifications of special examination and approval for overseas innovative medical devices.

Related Reports on Medical Devices Market: 

Guide to Prepare Application Dossiers for Oversea Medical device registration and recordation in China (2014 Edition) at http://www.marketreportsonline.com/374635.html . 

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