(PRWEB) April 29, 2014
With the synergy of favorable policies, improvement in living standards and healthcare awareness raising, China’s portable medical device industry has shown rapid development in recent years, with market size growing at a CAGR of 28.3% in 2008-2013 to approximately RMB44.21 billion in 2013.
Allowing for the low penetration of portable medical devices (for example, market penetration of household glucometer is under 10% as opposed to the level of 90% in Europe, the United States and other developed countries), increasingly aging population, etc., China’s portable medical device market size is expected to remain above 25% growth rate in 2013-2016.
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In China, portable medical devices are mainly used for home and clinical purposes, with market share of roughly 2:1 in 2013. Portable glucometer, electronic sphygmomanometer and electronic hearing aid as three hit products of China’s home-use portable medical device market accounted for a combined 93.6% in 2013.
Thus far, foreign-funded enterprises seize lion's share of China’s portable medical device market. Take household electronic sphygmomanometer and portable glucometer markets in 2013 for example, Japan-based OMRON accounted for more than 60% of China’s electronic sphygmomanometer market, followed by Andon Health, a domestic player whose market share was merely around 15%; America-based Johnson & Johnson and Switzerland-based Roche took 35% and 20% share of the Chinese portable glucometer market, separately, while the third and fourth-ranked domestic counterparts – Yicheng Bioelectronics and Sinocare only saw a combined share of 25%.
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Table of Content
1. Overview of Portable Medical Device
2. China Portable Medical Device Market
2.1 Status Quo
2.2 Related Policies
2.3 Market Size
2.4.1 Increasing Market Share of Domestic Enterprises
3. Home-Use Portable Medical Devices in China
3.1 Product Structure
3.2 Electronic Sphygmomanometer
3.3 Portable Glucometer
3.4 Digital Hearing Aid
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4. Clinical-Use Portable Medical Devices in China
4.1 Product Structure
4.2 Portable Multi-Parameter Monitor
4.3 Portable Diasonograph
4.4 Interventional Medical Devices
4.4.1 Insulin Pump
5. Leading Overseas Enterprises
5.1 Johnson & Johnson
5.1.3 Portable Medical Device
5.1.4 Development in China
5.2.3 Portable Medical Device
China Medical Informatization Industry Report,2013-2016
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Under the impetus of multiple favorable policies and market demand, China's medical informatization industry has entered a rapid development stage in recent years. As of the first half of 2013, management information system has been basically established in China's first- and second-class hospitals, where the clinical management information system construction has also got into the late stage, some have embarked on regional healthcare information system.
However, with a shortage supply of funds and resources, most third-class or lower-level Chinese hospitals are still in the construction phase of management information system, and some are only getting started.
According to CHIMA’s sampling survey on 1,067 hospitals nationwide, as of the first half of 2013, hospitals where in-patient nurse workstation system, ward doctor workstation system and out-patient doctor workstation system have been established represent the largest proportion, respectively 69.0%, 59.1% and 51.6%, while those with intensive care information system and clinical decision support system account for the minimum i.e. 13.0% and 14.0%, respectively.
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China's healthcare IT market size grew at a CAGR of 21.7% in 2007-2012, reaching RMB20.6 billion in 2013. According to the NHFPC’s 12th-Five-Year Informatization Promotion Arrangements, China's medical informatization construction carried out in 2012-2013 is principally a gradual “point-to-area” process, followed by a comprehensive promotion in 2014-2015. It is expected that its healthcare IT market size will grow at a CAGR of about 25% in 2013-2016.
With low concentration, there is a small number of cross-regional national healthcare software enterprises in the Chinese medical informatization market, and mainly dominated by domestic-funded enterprises such as Winning Software, Neusoft Group, DHC Software and Tianjian Technology on account of localization issues, early-stage disorderly competition, etc.
Global Medical Device Market To 2018 - Market Size, Growth, And Forecasts In Nearly 70 Countries
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Global Medical Device Market to 2018 - Market Size, Growth, and Forecasts in Nearly 70 Countries is a comprehensive publication that enables readers the critical perspectives to be able to evaluate the world market for medical devices. The publication provides the market size, growth and forecasts at the global level as well as for the following countries:
Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, India, Indonesia, Iran, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Mongolia, Morocco, Netherlands, Norway, Oman, Pakistan, Panama, Peru, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Vietnam
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The market data covers the years 2007-2018. The major questions answered in this comprehensive publication include:
What is the global market size for medical devices?
What is the medical device market size in nearly 70 different countries?
Are the markets growing or decreasing?
How are the markets divided into different kinds of products?
How are different product groups developing?
The market information includes the total market size for medical devices as well as the market size and trends for the following kinds of products:
Ultrasonic scanning devices
Other electro-diagnostic devices
Surgical and medical sterilizers
Computed tomography devices
The publication is designed for companies who want to gain a comprehensive perspective on the global medical device market. This publication makes it easy to compare across different countries and product groups to be able to find new market opportunities and make more profitable business decisions.
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