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Medical Supplies Manufacturing in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Medical Supplies Manufacturing Market Research Report | Jun 2016

IBISWorld’s Medical Supplies Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$35bn
Annual Growth 11-16
16.0%
Annual Growth 16-21
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Profit
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Employment
162,384
Businesses
891
Industry Analysis & Industry Trends

In 2016, the Medical Supplies Manufacturing industry in China is expected to generate $35.1 billion. This represents an increase of 10.3% from 2015 and average annualized growth of 16.0% over the past five years. Profit as share of total industry revenue is expected to be 9.2% in 2016.

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 - Starting a New Business Chapter

Initial investment

As this industry has a moderate level of capital intensity, start-up investment in manufacturing facilities and costs for maintenance for such facilities presents a major barrier to entry.

Economies of scale

Large existing manufacturers benefit from economies of scale, which gives them cost saving advantages and increased efficiencies. However, most manufacturers within the industry are small and medium in scale. Therefore, economies of scale are not as evident, except amongst the industry's large companies.

Distribution networks

Distribution to demand industries, especially various kinds of hospitals and medical centers, is also key in the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Medical Supplies Manufacturing Industry?

The Medical Supplies Manufacturing industry in China comprises manufacturers of supplementary and supporting materials and supplies for surgery and dentistry, such as medical fillers, surgical dressings, suturing materials, bandages, absorbable hemostatic materials, dental materials and vacuum capsules used for medical purposes.

Industry Products
Surgical dressingSoft medical fillersDental materialsHemostatic materialsSuturing materialsMedicine capsulesOther medical materials and supplies
 
Industry Activities
Surgical dressing and medical fillerDental materialAseptic absorbable hemostatic materialSuturing materialMedical vacuum capsule


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