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Investment guidance for the Chinese medical device market

journal contribution
posted on 2023-06-15, 20:50 authored by Weifan Zhang, Rebecca Liu, Chris ChatwinChris Chatwin
The medical device market is one of the most attractive and profitable areas in the global economy. Since China opened its doors to the world it has attracted increasing amounts of foreign investment. The Chinese medical device market is currently one of the most promising and fastest growing markets, which is the second largest market in the world with 200 billion yuan (RMB) total sales in 2013. This paper illustrates the geographical distribution of the Chinese medical device industry, combined with the location quotient (LQ) assessment, to reveal the medical device industry’s professional level and degree of concentration in each province, providing guidance for investors who are interested in medical device investment in China. The LQ and market share (MS) matrix reveals that the best investment regions in China are: Bohai Economic Rim, Yangtze River Delta and Pearl River Delta Economic Zones.

History

Publication status

  • Published

File Version

  • Accepted version

Journal

Journal of Medical Marketing

ISSN

1745-7904

Publisher

Palgrave Macmillan

Issue

1-2

Volume

15

Page range

4-9

Department affiliated with

  • Engineering and Design Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Legacy Posted Date

2015-10-26

First Open Access (FOA) Date

2015-10-26

First Compliant Deposit (FCD) Date

2015-10-25

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