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The Chinese medical device market: market drivers and investment prospects

journal contribution
posted on 2023-06-09, 02:22 authored by Weifan Zhang, Chris ChatwinChris Chatwin, Rebecca Lui
The economy in China has experienced rapid growth and been remarkably successful ever since the reforming and opening-up policy. Like China’s economy, the Chinese medical device market is developing rapidly; this paper identifies important parameters controlling this market. Regression analysis shows that the number of hospital visits, aging population and the number of hospitals have a positive relationship with medical device revenues. Therefore, they are the main drivers of the Chinese medical device market. Disease profile is another important market driver. Analysis of the main market drivers, illustrates that the Chinese medical device market offers significant investment opportunities.

History

Publication status

  • Published

File Version

  • Accepted version

Journal

Journal of Commercial Biotechnology

ISSN

1462-8732

Publisher

thinkBiotech LLC

Issue

2

Volume

22

Page range

33-39

Department affiliated with

  • Engineering and Design Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Legacy Posted Date

2016-08-02

First Open Access (FOA) Date

2017-04-02

First Compliant Deposit (FCD) Date

2016-08-02

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