The Chinese medical device market: market drivers and investment prospects

Zhang, Weifan, Chatwin, Chris and Lui, Rebecca (2016) The Chinese medical device market: market drivers and investment prospects. Journal of Commercial Biotechnology, 22 (2). pp. 33-39. ISSN 1462-8732

[img] PDF - Accepted Version
Download (548kB)
[img] PDF - Accepted Version
Download (507kB)

Abstract

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.

Item Type: Article
Keywords: China, medical device market/industry, market drivers, investment, aging population
Schools and Departments: School of Engineering and Informatics > Engineering and Design
Subjects: H Social Sciences > HB Economic theory. Demography
Q Science > Q Science (General)
R Medicine
T Technology > TS Manufactures
Depositing User: Chris Chatwin
Date Deposited: 02 Aug 2016 15:37
Last Modified: 11 Sep 2017 23:53
URI: http://sro.sussex.ac.uk/id/eprint/62197

View download statistics for this item

📧 Request an update