The Medical Device Market: China

NEW YORK, May 24, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

The Medical Device Market: China

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Summary

Espicom's in-depth medical device market reports are ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens with an outlook section that provides analysis of the market, 5-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy. The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts. Included with the report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year.

Description

China has the world's largest population. In 2008, it was officially estimated at 1,328.0 million. The province of Guangdong, in south-central China, had the largest population, with 95.4 million, equal to 5.7% of the total. Eastern China was the most populated region of the country, inhabited by 382.4 million people in 2008. The area includes Shanghai, China's largest city, with a population of 18.9 million.

In 2009, the Chinese government committed 850 billion yuan (US$124 billion) to develop the country's healthcare system over a three-year period. The plan is to create a solid platform for universal healthcare access for all by 2020. The Chinese government expanded the health insurance programme to cover all rural residents by the end of 2008. Urban health insurance was already well established, covering nearly all working citizens, and the government plans to cover all urban dwellers, including the unemployed and children who were not covered previously.

The prospects for medical device spending is huge; the government has committed heavily in the construction of thousands of hospitals, healthcare centres, clinics and this will inevitably lead to spending on capital goods, most notably medical devices, equipment and furniture at an unprecedented rate in a relatively short space of time.

Priority has been given to the construction and renovation of around 2,000 county level-hospitals, so that each county will have at least one such facility. County-level hospitals are usually the best equipped hospitals in the country and must have at least 250 beds. The central government will fund the construction of 29,000 township hospitals, and the upgrading of another 5,000, according to the plan. The government has also allocated funds for the construction of village clinics in remote areas so that every village will have at least one unit by the end of the three-year period.

Since opening its economy to the West in the late 1970s, China has experienced rapid growth. For 2011, China's GDP is estimated at US$6,898.0 billion. While this makes China one of the world's largest economies, the sheer size of the population means that per capita wealth is relatively low, at around US$5,226 in 2011.

For 2011, Espicom estimates market growth to be in the region of 13.1%; one of the fastest growing markets in the world. High rates of growth are not uncommon in the Asian region, but on the back of a huge market size, China's growth is particularly pronounced.

Latest annual data to December 2011 show that imports have grown very strongly during the period, rising by 26.6% to reach US$8,552.1 million. All product categories posted strong growth during the period, with consumables leading the way with a rise of 30.4% over the previous year. All other categories achieved over twenty-percent rises during the period except for orthopaedic products, which still achieved an impressive 14.4% rise over 2010.

Includes 3 quarterly updated outlook reports!

Please note: Report sections are periodically updated and some sections may have been updated more recently than the publication date given for the full report. Related Pages

The Medical Device Market Bangladesh

The Medical Device Market Hong Kong More Information...MARKET OUTLOOK

Key national data projections

Current market size

Unique 5-year market projections

Market outlook

Market structure; Including statistical data on imports and exports;

Market access; Including distribution and medical device regulation;

Healthcare analysis; Including demographics, healthcare system, health expenditure, healthcare infrastructure and personnel

HEALTHCARE DATA: A comprehensive tabula review of the market, including economic indicators, demographics, health expenditure, hospital and primary care data, and healthcare personnel. DISTRIBUTORS: Details of the medical equipment distributors held in Espicom's database at the time of publication.

TABLE OF CONTENTS EXECUTIVE SUMMARY 1

Introduction 2

MEDICAL DEVICE MARKET ANALYSIS 3

Overview . 3

The Market in 2011 . 4

Past Performance 2006-10 . 7

Future Performance 2011-16 8

The Chinese Market For Consumables . 12

The Chinese Market For Diagnostic Imaging Apparatus . 14

The Chinese Market For Dental Products 16

The Chinese Market For Orthopaedic Products 18

The Chinese Market For Patient Aids 20

Imports 22

Consumables 23

Diagnostic Imaging 23

Dental Products . 23

Orthopaedic & Prosthetic Products . 23

Patient Aids . 23

Monthly Imports Data 36

Domestic Manufacturing . 38

Domestic Production . 38

Mindray 39

Shandong Weigao Group Medical Polymer . 40

Multinationals 43

Multinational Manufacturers 44

Agfa . 44

Aloka 44

Asahi Kasei Corp . 44

Baxter 45

Becton Dickinson . 45

Beiersdorf 45

Bracco 45

Convatec 45

Draeger 45

Eastman Kodak . 45

Fimet 46

Fresenius Medical . 46

GE Healthcare . 46

Hitachi Medical 47

Laser Industries, Israel 47

Medtronic . 47

Neich Medical 47

Nihon Kohden 48

Alfresa Pharma Corporation 48

Omron 48

Philips Medical Systems 48

Sakura Finetechnical Co . 49

Bayer Schering 49

Shimadzu . 49

Siemens . 49

Terumo 51

Exports 53

Consumables 54

Diagnostic Imaging 54

Dental Products . 54

Orthopaedic Products . 54

Patient Aids . 54

Monthly Export Data 69

ACCESSING THE MARKET 71

Distribution 71

Medical Device Regulations 71

New Registration Procedures 73

Medical Ads Require Approval of Provincial Health Departments . 73

New Industry Standards for Medical Devices . 74

Intellectual Property Rights 74

Local Manufacturing 74

Clinical Trials . 74

Ministry of Health Regulations 75

Purchasing . 75

Operation . 76

Healthcare Analysis 77

Demographics . 77

Population . 77

Birth Rate . 77

Death Rate. 78

Infant Mortality . 78

Life Expectancy at Birth . 78

Public Health . 78

Causes of Death 78

Incidence of Communicable Diseases . 78

Incidence of Non-communicable Diseases 78

HIV/AIDS . 79

Healthcare System 79

US$124 Billion Healthcare Reform Plan 79

Ministry of Health 80

Hospitals 80

Rural Healthcare 81

Health Insurance . 81

Background 81

Medical Insurance to Cover all Urban Citizens 82

New Co-operative Medical Scheme (formerly Rural Co-operative Medical Scheme) 82

Commercial Medical Insurance . 82

Red Cross Society of China 83

Health Expenditure . 83

Healthcare Infrastructure 84

Inpatient Analysis 84

Healthcare Personnel . 86

DIRECTORY 87

Healthcare Organisations . 87

Trade Code Classifications 90

Methodology. 92

Sources . 92

List of Tables

Summary Key Data Projections, 2011-2016 2China Medical Device Market, Key Ratios, 2011 3Espicom Analysis of the Chinese Medical Market, 2011 . 5SWOT Analysis of the Chinese Medical Device Market, 2011 . 6Projected Medical Device Market, 2011-2016 . 8The Chinese Medical Device Market, 2006-16 (US$ millions) . 10The Chinese Medical Device Market, 2006-16 (US$ per capita) 10The Chinese Medical Device Market, 2006-16 (% of Total) 11The Chinese Medical Device Market, 2006-16 (% Change) 11The Chinese Consumables Market, 2006-16 (US$ millions) 12The Chinese Diagnostic Imaging Market, 2006-16 (US$ millions) 14The Chinese Dental Products Market, 2006-16 (US$ millions) 16The Chinese Orthopaedic & Prosthetic Devices Market, 2006-16 (US$ millions) . 18The Chinese Patient Aids Market, 2006-16 (US$ millions) 20Summary Medical Imports by Product Area, 2007-11 (US$000s) . 24Summary Medical Imports by Product Area, 2007-11 (US$000s % Change) . 24Summary Medical Imports by Product Area, 2007-11 (CNY 000s) 25Summary Medical Imports by Product Area, 2007-11 (CNY % Change) 25Summary Medical Imports by Product Area, 2007-11 (% of Total) . 27Leading Medical Equipment Suppliers by Product Area, 2011 (US$000s) 28Top 20 Suppliers to the Chinese Market, 2011 (US$000s). 29Detailed Imports of Medical Equipment, 2007-11 (US$000s) 30Detailed Imports of Medical Equipment, 2007-2011 (Growth Trends) 32Detailed Imports, Leading Suppliers, 2011 (US$000s) 34Monthly Imports Data to December 2011 (US$ millions) . 36Imports by Month, December 2009-December 2011 (US$ millions) . 36Import Growth by Sector, Latest Year and Quarter (%) . 37Mindray Revenue and Income, 2005-10 (US$ Millions) 39Mindray Sales by Product Category, 2009 39Shandong Weigao Group Medical Polymer Revenue and Profit, 2009-2010 . 40Leading Local Manufacturers by Category 41Summary Medical Exports by Product Area, 2007-11 (US$000s) . 55Summary Medical Exports by Product Area, 2007-11 (US$000s % Change) . 55Summary Medical Exports by Product Area, 2007-11 (CNY 000s) . 56Summary Medical Exports by Product Area, 2007-11 (CNY % Change) 56Summary Medical Exports by Product Area, 2007-11 (% of Total) . 58Leading Medical Equipment Destinations by Product Area, 2011 (US$000s) . 59Top 20 Destinations for Chinese Exports, 2011 (US$000s). 60Detailed Exports of Medical Equipment, 2007-2011 (US$000s) 61Detailed Exports of Medical Equipment, 2007-2011 (Growth Trends) 63Detailed Imports, Leading Destinations, 2011 (US$000s) . 65Balance of Medical Trade, 2007-2011 (US$000s) . 67Monthly Exports Data to December 2011 . 69Exports by Month, December 2009-December 2011 (US$ millions) . 69Export Growth by Sector, Latest Year and Quarter (%). 70Summary of Demographic Data, 2008. 77Projected Population, 2011-2016 . 77New Co-operative Medical Scheme, 2004-08 82Healthcare Expenditure, 2007 83Projected Health Expenditure, 2011-16 . 83Hospitals & Beds, 2008 84Hospital Bed Projections, 2011-16 84Admissions, 2002-07 (millions) . 84Hospital Admissions by Type 2008, (10,000s) 85Hospital Bed Utilisation Statistics, 1997-08 85Projected Number of Physicians, 2011-16 (000s) 86HS Trade Codes Used in This Report . 90HS Trade Codes, Rearranged 91

List of Charts

Chinese Medical Device Market by Category, 2011 (%) 4

Change in the Chinese Medical Device Market, 2006-2010 (%) 7

CAGR of the Chinese Medical Device Market by Product Area, 2006-2010 (%) 7

Market Projections, 2011-16 . 9

The Chinese Market For Consumables, 2006-16 (US$ millions) . 13

The Chinese Market For Consumables, 2006-16 (CAGR) 13

The Chinese Market For Diagnostic Imaging Apparatus, 2006-16 (US$ millions). 15

The Chinese Market For Diagnostic Imaging Apparatus, 2006-16 (CAGR) . 15

The Chinese Market For Dental Products, 2006-16 (US$ millions) . 17

The Chinese Market For Dental Products, 2006-16 (CAGR) 17

The Chinese Market For Orthopaedic Products, 2006-16 (US$ millions) . 19

The Chinese Market For Orthopaedic Products, 2006-16 (CAGR) 19

The Chinese Market For Patient Aids, 2006-16 (US$ millions) 21

The Chinese Market For Patient Aids, 2006-16 (CAGR). 21

Medical Imports, 1996-2011 (US$ 000s) 22

Change in Imports of Medical Equipment & Supplies, 1997-2011 (%) . 22

CAGR of Medical Imports by Product Area, 2007-11 (%) 26

Medical Equipment Imports by Product Area, 2011 (%) 27

Leading Medical Equipment Suppliers, 2011 (%) . 29

Total Output Value of China's Pharmaceutical/Medical Device Industry, 1998-07 . 38

Exports of Medical Equipment, 1996-2011 (US$000s) . 53

Change in Exports of Medical Equipment & Supplies, 1997-2011 (%) . 53

CAGR of Medical Exports by Product Area, 2007-11 (%) 57

Medical Equipment Exports by Product Area, 2011 (%) 58

Leading Medical Equipment Destinations, 2011 (%) . 60

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