In 2018, the Medical Supplies Manufacturing industry in China is expected to generate $40.0 billion. This represents an increase of 5.9% from 2017 and average annualized growth of 10.2% over the past five years. Profit as share of total industry revenue is expected to be 9.2% in 2018.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 Statistics & Market Size
Revenue
$40bn
Annual Growth 13-18
10.2%
Forecast Growth 18-23
Profit
Employment
171,740
Businesses
1,042

Industry Report - Starting a New Business Chapter

Initial investmentAs 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 scaleLarge 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. An ...purchase to read more.

Additional Insights for the Medical Supplies Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Medical Supplies Manufacturing Industry are

  • Having an extensive distribution/collection network
  • Economies of scale
  • Effective quality control
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - General Medical & Surgical Hospitals and Level of Health - Percentage (%) of population with health insurance in the Medical Supplies Manufacturing industry impact industry performance..

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    What's in this report

    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 dressing
  • Soft medical fillers
  • Dental materials
  • Hemostatic materials
  • Suturing materials
  • Medicine capsules
  • Other medical materials and supplies
  • Industry Activities
  • Surgical dressing and medical filler
  • Dental material
  • Aseptic absorbable hemostatic material
  • Suturing material
  • Medical vacuum capsule
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream Demand - General Medical & Surgical Hospitals
  • Level of Health - Percentage (%) of population with health insurance
  • Industry Regulation
  • Levels of Health - Number of Hospital Visits - Total
  • Service Prices - Health Services

  • Current Performance
    Employment and wagesGreater access to medical servicesEmployment and wagesInternational tradeGovernment influence on the industry
  • Chart: Revenue Growth

  • Industry Outlook
    Domestic demandExportsImportsEnterprises and employment
  • Table: Medical Supplies Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Medical Supplies Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Pharmacies & Drugstores
  • General Hospitals
  • Traditional Chinese Medicine Hospitals
  • Plastic Surgery Hospitals

  • Key Selling Industries
  • Electrical Equipment and Machinery Manufacturing
  • Plastic Board, Pipe & Sheet Manufacturing

  • Products & Services
  • Surgical dressing
  • Soft medical fillers
  • Dental materials
  • Hemostatic materials
  • Suturing materials
  • Other medical materials and supplies
  • Medicine capsules
  • Chart: Medical Supplies Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Healthcare service coverage
  • Product prices
  • Household disposable income
  • Healthcare insurance coverage
  • Aging population
  • Disease outbreaks
  • Demand from downstream industries

  • Major Markets
  • General hospitals
  • Health centers
  • Specialized hospitals
  • Traditional Chinese medicine hospitals
  • Other medical institutions
  • Exports
  • Retailers
  • Maternal and child healthcare hospitals
  • Chart: Major Market Segmentation for the Medical Supplies Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent
  • Utilities
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Medical Supplies Manufacturing

  • Basis of Competition
  • Price
  • Quality
  • Marketing networks
  • Branding
  • Innovation
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Medical Supplies Manufacturing Industry

  • Industry Globalization
    Shandong Weigao Group Co., Ltd., Henan PiaoAn Group Co., Ltd., Jiangsu Province JianErKang Medical Dressing Co., Ltd., Sichuan Nigale Biomedical Co., Ltd.,
  • Table: Shandong Weigao Group Co., Ltd. - financial performance
  • Table: Henan PiaoAn Group Co., Ltd. - financial performance
  • Table: Jiangsu Province JianErKang Medical Dressing Co., Ltd. - financial performance
  • Table: Sichuan Nigale Biomedical Co., Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Medical Supplies Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Medical Supplies Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Total Assets (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Good Manufacturing Practice (Gmp)
  • A compulsory certification for manufacturer management and quality control testing of foods, pharmaceutical products and medical devices.
  • Health Centers
  • Small-scale medical institutions providing basic health services, usually located in rural areas and urban communities.
  • Hemostatic Materials
  • Used to stop bleeding.
  • Inpatient
  • Patients that are treated in hospital ward beds.
  • Medical Capsule
  • Vacuum-packed capsules used for medical purposes, usually containing medicine in granule form.
  • New Cooperative Medical Care System
  • A health insurance system aiming to provide basic health insurance for rural citizens by raising funds from the central government, local governments and rural citizens.
  • Severe Acute Respiratory Syndrome (Sars)
  • A respiratory disease in humans caused by the SARS coronavirus. The disease broke out in China in 2003.
  • Suturing Materials
  • Used to suture wounds.
  • What Our Customers Say

    Why buy this report?

    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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Medical Supplies Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Medical Supplies Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Medical Supplies Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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