China issued the first blue paper for medical devices industry

China issued the first blue paper for medical devices industry

A few days ago, China Medical Pharmaceutical Material Association issued <2013 blue paper of china medical devices>, and it is the first blue paper for medical devices industry in China, the paper predicts that the total export-import volume may reach USD 33billion and points that the prices of imported medical equipment are normally 50%-100% higher than in countries of original, such as TOMO radiotherapy system, in Europe, America, Japan or other countries, the price is USD2.5million, but in China, the import price will be higher than USD 5million.

In the domain of global medical technology and biological medicine, the industry believe that, for china, the traditional Chinese medicine and medical device industry are more competitive than medicine even the later has biggest output value, but the blue paper points out that the level gap between china medical devices and international advanced level is 15 years.

In china, high-end medical devices mainly rely on importing, and the import volume is about 40% of total market, In the first half year, China imported medical devices from 89 countries and regions, but in the export and import data, 35% of products or their main parts were made in china, exported to outside and then returned to China by importing.

Data shows that many key technologies are still monopolized by big companies from developed countries, although china had 177788 manufactures by the end of 2012, but about 90% are small and medium enterprises, and there are few companies whose income scale are more than 0.5billion and which can supply high-tech products such as electronic patient monitor, ultrasound machine, X ray machine, CT and etc. for china medical devices, more innovation is needed.

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