WebSep 14, 2024 · Local governments in Hubei, Anhui, Shanxi provinces and the Ningxia Hui autonomous region issued notices in April to local hospitals to limit their use of medical and testing equipment to those... WebJul 21, 2024 · By: Frank Voon, Xiaotong Wang. On 18 March 2024, the State Council of China announced certain amendments (the 2024 Amendment) to the Regulation on the …
China Medical Devices Industry Report 2024: Domestic …
WebThe global medical devices market was valued at US$ 550 billion in 2024 and is expected to reach US$ 850 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 5.5% during the forecast period 2024 to 2030. Key Takeaway: By end-user, the hospitals and clinics segment has accounted 88.5% of the total revenue share in 2024. WebNov 3, 2024 · It implies the upcoming rise of the industry and the high-speed growth of those local companies in the medical devices industry. Since 2024, China has become the fourth largest medical device ... met office worcester park
Rapid growth in China’s medical device industry
WebFeb 1, 2024 · Medical Devices Market Share and Global Trend By Type (Orthopedic Devices, Cardiovascular Devices, Diagnostic Imaging, IVD, MIS, Wound Management, Diabetes Care, Ophthalmic Devices,... WebMay 10, 2024 · Exhibit 2. [email protected]. Although the industry’s revenue growth has accelerated, on average, during the past ten to 15 years, much of the improvement has come from small- and midcap companies. 3 In 2016, analysts’ consensus growth estimate for these companies was 11 percent CAGR; by 2024, it had … WebDec 11, 2024 · The global medical devices market totaled $489 billion in 2024 and may top $500 billion in 2024. One estimate forecasts the market expanding to $719 billion by 2029 — an annualized rate of 5.5% from 2024 to 2029. Developments in wireless technology, smaller devices, and computing power are changing the landscape of the … met office wow