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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 2013

IBISWorld’s Medical Supplies Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 08-13
24.9%
Annual Growth 13-18
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Profit
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Employment
172,454
Businesses
795
Industry Analysis & Industry Trends

In 2013, the Medical Supplies Manufacturing industry in China is expected to generate $21.1 billion. This represents an increase of 14.4% from 2012 and average annualized growth of 24.9% over the past five years. Profit as share of total industry revenue is expected to be 10.2% in 2013.

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 SWOT Analysis Chapter

In the ten years from 2008 to 2018, industry value added is expected to increase at an annualized rate of 15.2%, much higher than China's GDP growth during this period of about 8.0%. Furthermore, the number of enterprises in the industry has grown rapidly, from 627 in 2008 to an estimated 795 in 2013, with an annualized growth rate of 4.9%.

Apart from some dental and suturing materials, most medical supplies manufactured in China are low-end products using low-end technology. Domestic manufacturers can manufacture such products with considerably low costs, which gives them a competitive pricing advantage in international markets. As such, China has become the largest exporter of medical materials and supplies to European countries... 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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