China Investment Roadmap: The Medical Device Industry Preview - page 3

November
2014
|
C
HINA
B
RIEFING
-
5
Syringes
Thermometers
Surgical gloves
Bandages
Percentage of Population over Age 65
Tier-2 Hospitals
66
%
of medical devices imported
Tier-3 Hospitals
Nearly 100%
of medical devices imported
Medical Device Manufacturers
Ratio of Imported Medical Devices
Public Healthcare Spending
Year 2013
Year 2012
954
Billion
RMB
Billion
RMB
Million
People
843
90%
of local manufacturers
focus on low tech/
price products.
Growth in Medical Devices per Sector (2013)
38%
Imaging
20%
Medical Supplies
13%
Orthopedics
& Implants
2%
Dental
27%
Other
11%
Canada
9%
Japan
5.6%
China
12%
Germany
18%
United States
2013 Public Healthcare Spending as Percentage of GDP
China’s Medical Device Industry at a Glance
88
7
%
9.7
%
Year 2000
Million
People
131
Year 2013
1,2 4
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