Industry Analysis & Industry Trends
In 2015, the Medical Supplies Manufacturing industry in China is expected to generate $31.0 billion. This represents an increase of 11.8% from 2014 and average annualized growth of 22.9% over the past five years. Profit as share of total industry revenue is expected to be 9.2% in 2015.
Products manufactured by this industry are used for medical treatment and are mainly distributed to hospitals and medical institutions. Apart from some dental and suturing materials, most medical supplies manufactured in China are low-end products using low-end technology. However, regulations such as Good Manufacturing Practice (GMP) certification are forcing manufacturers to improve product quality and manufacturing environments, which is expected to result in higher production costs.... purchase to read more
Industry Report - Industry Products Chapter
Almost all products in this industry are used for medical treatment and mainly distributed to hospitals and medical institutions. Apart from some dental and suturing materials, most products in this industry are low-end products using low technology. This means domestic manufacturers have the same comparative advantages in manufacturing most of these products.
The largest product segment in the Medical Supplies Manufacturing industry in China is surgical dressing, which includes items such as adhesive plaster, absorbent cotton, and bandages. This segment contributes about 43.0% of total industry revenue due to their wide used in clinical treatments... purchase to read more