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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 2014

IBISWorld’s Medical Supplies Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$27bn
Annual Growth 09-14
23.6%
Annual Growth 14-19
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Profit
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Employment
152,670
Businesses
831
Industry Analysis & Industry Trends

In 2014 the Medical Supplies Manufacturing industry in China is expected to generate $27.5 billion. This represents an increase of 17.5% from 2013 and average annualized growth of 23.6% over the past five years. Profit as share of total industry revenue is expected to be 10.2% in 2014.

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 GMP (Good Manufacturing Practice) 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 Analysis Chapter

In the five years to 2014, revenue for the Medical Supplies Manufacturing industry in China is expected to grow at an annualized rate of 23.6% to $27.5 billion. Domestic demand has been increasing at an annualized rate of 25.3% during this period.

Profit as a share of total industry revenue is expected to be 10.2% in 2014, up from 8.0% in 2007. Industry manufacturers have been strengthening cost controls and using advanced technology to improve productivity over the past five years. However, higher quality standards imposed by the government, rising prices of raw materials and price competition among players has had a negative effect on profitability over the period.

Employment and wages

Revenue growth was extremely high in 2009 and 2011 at over 30.0% a year... 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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