Medical device products will move to the middle and high end
The "2015 China Medical Device Industry Development Blue Book" shows that the total market size of China's medical devices in 2015 was about 308 billion yuan, nearly six times that of 2007. According to the statistics of the State Food and Drug Administration, as of the end of November 2015, there were 14,151 medical device manufacturers in the country, which still existed in small and scattered. Although the growing medical demand in China has created a continuous driving force for the medical device industry, the domestic medical device industry must not be satisfied with this. It should speed up the optimization of the structure and transform the product from low added value to medium and high value-added structure. New materials, new technologies, new processes, and new ideas are the goals pursued by the company in the new era, and the level of participation in the global value chain is enhanced.
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