Asian medical equipment market status and prospective analysis (1)

Asia 40 billion people and enormous energy reserves.

Nearly 20 years, China and India both rapid economic development in the Asian countries, and promote economic prosperity in neighboring countries, the Western economists which recognizes that a new "Asia Times" is coming, yet traditional by European and American continents dominate the world economic situation will change, these changes also appear in the medical device industry. From this article on China, India, Japan, Korea, Malaysia, Thailand and Indonesia and other Asian countries medical device industry trade, market development and detailed analysis it is not difficult to see, Asian medical device industry there are many opportunities and huge development potential. "Today, Asia is no longer the backwardness and underdevelopment of the continents, and is filled with business opportunities ' new continents ', it has become an international medical device industry in a big market. "United States Pacific Bridge medicines/medical device consulting company CEO Grosse before analysis, industrial strength of Japan as Asia's largest medical device market, behind only the United States is the world's second largest medical device market, with annual sales of $ 450 million ($ 860 million in the United States), which is the largest of the United States export market for medical devices, the United States to Japan's medical device exports in recent years at 350 billion per year, faster than the Netherlands, Germany, Canada, United Kingdom, Mexico and other countries of the medical device exports; China is Asia's second-largest medical device market, size of up to 40 ~ 80 million; the total amount than the Chinese economy is much smaller in India and to step into the" world's seventh largest economies "Korea has also become the eyes of the medical device manufacturers in Europe and America's hot market, 2007 Western countries on the Indian and South Korea's medical device exports in more than 18 billion, only the United States on Korea's medical device exports more than 8 billion; over a long period of relative economic development lags behind in Southeast Asia, also from past world medical device market," supporting "rapidly growing into a major European and American manufacturers of medical devices. Status: products enjoy a good reputation in Japan as Asia's largest medical device market. The country has long been a complex and sophisticated medical device regulations, as well as a large number of well-educated professionals, Japan medical device products in international markets enjoy good reputation. For the EU and the exporter, to their products into the Japan market may not be easy, because Japan import medical products are extremely strict approval and testing procedures for money, Japan itself is the world's leading medical equipment producer and exporter. China: full of business opportunities for European medical device manufacturer, China is not only a large export market, is also a major importing market. On the one hand, and Japan, until the early 1990s, China still lack sophisticated medical device on the imported product regulatory system, coupled with China's lack of self development, production of high-end products, medical devices (such as CT, MRI, PET, etc.), and domestic and in urgent need of this type of diagnostic equipment, so last century 90 's, with the rapid development of China's economy, it quickly became the European manufacturers sell high-end medical equipment products in the market. According to the United States Pacific Bridge consulting company statistics, the 1990s, China's imports of CT machine number is far greater than in addition Japan than most Asian countries. At present, the EU and manufacturers generally believe that China is Asia's largest commercial opportunities. China not only has 13 million population, and the Chinese Government to hold huge amounts of foreign exchange reserve (this is superior to other Asian countries), the ability to pay. Another important factor is that China and Japan, growing, aging population in China many big cities, over 60 years old account for 16% of urban population, the proportion of elderly in Japan than in China. Older people need more than the rest of the population, particularly for medical products use electronics diagnostic and therapeutic equipment and other small medical device products. Western economists believe China will in the future, and Japan, the need to import more implantable vascular stents, orthopaedic appliances and household electronic diagnostic equipment, atrial defibrillation, pacemakers, as well as a variety of large-scale electronic diagnostic equipment. This will provide the EU and companies create more export opportunities.