China Announced The World’s Second Largest Medical Device Market

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China Announced The World’s Second Largest Medical Device Market

According to the statistics of China Medical Device Industry Association, in 2016, the annual output value of China’s medical device industry reached 276.5 billion yuan, an increase of 13% over the same period of last year. At the first DMD China Conference, Zhao Changshan, chairman of Zhongguancun Development Group, introduced: “The growth rate of medical device output in China is much higher than that of the global medical device market. China has become the world’s second only to the United States The second largest medical device market. “

On November 28, 2017, the first DMD China opened at Beijing International Convention Center. At the opening ceremony, the first achievement of DMD China – Zhongguancun Medical Device Park International Technology Transfer Center was officially unveiled. Zhao Chang-shan revealed that Zhongguancun Development Group has developed Zhongguancun High-end Medical Device Industrial Park in Phase III of Daxing Biomedicine Base, accelerated the industrial agglomeration and made great efforts to create an innovative and pioneering medical device in the southern capital. It is of great significance to further accelerate the development of medical device design to promote the innovation of technology, product innovation, industrial innovation and business model in the middle of medical device design with technological innovation and industrial development.