ISuppli: Chinese medical electronics industry is extremely robust growth

Government incentives to promote the industry in 2013 continues expansion

According to iSuppli Corporation, the Chinese Government's massive investment in the healthcare industry, from 2009 to 2013 for the medical electronics equipment sales grow strongly.

2009 China medical electronics sales will increase 18.2% from 33 billion in 2008 increased to 39 billion.

The next few years will maintain this momentum, the compound annual growth rate will reach 21% 2013 rising to 86 million.

China April release of the health system reform to Central and local Government to the medical industry investment 8500 billion (approximately US $ 1241).

According to China's Ministry of finance, including about 818 million will be used to expand the social health insurance, the remaining 423 billion will be used to subsidize the hospital reform.

Social health insurance coverage, as well as diagnosis and treatment of conditions improve, it is expected that the demand for medical services will increase.

This will lead to Government medical equipment procurement for sustained growth, used equipment junior hospital.

UBS (UBS) investment sector estimates that one-third of the hospital benefits, equivalent to 141 million, will be used for junior hospital purchase of new medical equipment.

Even if the implementation of this policy, this lag 141 billion will promote the medical device industry 20% growth per year. It can be expected in the next three years in the medical electronics market annual growth rate of more than 25%.

In addition, for the medical electronics industry innovative research and development activities of 4 billion yuan (about 5839 billion) investment in China's economic stimulus plan.

In 2008, in China's overall medical electronics market, including ultrasound, magnetic resonance imaging (MRI), x-ray and CT systems, imaging devices around 8.61 billion, accounting for 26.1%, is the largest single share.

Consumer medical electronic devices, mainly blood and other portable devices, there are many medical electronic equipment manufacturers of business focus.

In 2008, the operating income of $ 1.54 billion. Patient monitor sales will in the coming year remain strong growth in 2008-2013 of the compound annual growth rate will reach 18.5%.

Due to the technology and the investment threshold is high, complex high-end medical electronic systems consist of a large international manufacturers in occupies.

China's domestic medical electronics industry from small start-up companies, must be committed to outsourcing services, or you must be its international counterparts to narrow and Lite. The following dynamic strengthened the trend: the market focus is shifted from the big city and the third line of the second line, these areas to cities afford a middle medical electronic devices.

This dynamic in turn stimulate the portable electronic medical equipment sales.

Due to the portable device focused on individual customers and small medical institutions, function and accuracy requirements are lower, but need more flexibility. Therefore, these portable devices of small dimensions, low weight and low power consumption make it very popular.