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The future of the medical device market in China looks good with opportunities in hospital and homecare sector. The major drivers for market growth are increasing healthcare expenditure, technological development, growing aging population, and chronic diseases.
Emerging trends, which have a direct impact on the dynamics of the medical device industry, include increasing use of AI-Optimized medical device, increasing acceptance of wearable medical devices, growing use of miniaturized medical devices, and growing adoption 3D-Printing in medical devices.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of medical device market in China report download the report brochure.
Medical Device Market in China by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Medical Device Market in China:
2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the medical device market in China through 2025, segmented by application, function, and end use, as follows:
Medical Device Market by Application [$B shipment analysis from 2014 to 2025]:
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Surgical and Infection Control Devices
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General Medical Devices
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Cardiovascular Devices
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Orthopedic Devices
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Home Healthcare Devices
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Other Devices
Medical Device Market by Function [$B shipment analysis from 2014 to 2025]:
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Diagnostic and Monitoring
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Therapeutic
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Surgical
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Other Devices
Medical Device Market by End Use [$B shipment analysis from 2014 to 2025]:
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Homecare Medical Device
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Hospital and Ambulatory Care Medical Device
On the basis of comprehensive research, Lucintel forecasts that cardiovascular device will remain the largest segment over the forecast period due to increasing geriatric population, inactive lifestyle, and poor eating habits.
Within the medical device market, diagnostic and monitoring, therapeutic, and surgical are the major function segments. Surgical device will remain the largest segment over the forecast period due to increasing number of surgical procedures, growing aging population, and increase in incidence of several chronic diseases.
Some of the features of “Opportunities for the Medical Device Market in China 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Medical device market size estimation in terms of value ($B) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application, function, and end use.
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Segmentation analysis: Medical device market size by application, function, and end use in terms of value and volume shipment.
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Growth opportunities: Analysis on growth opportunities in different application, function, and end use of medical device in the medical device market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report addresses the following 7 key questions:
Q.1. What are some of the most promising, high growth opportunities for the medical device market in China by application (surgical and infection control devices, general medical devices, cardiovascular devices, orthopedic devices, home healthcare devices, and other devices), by function (diagnostic and monitoring, therapeutic, surgical and other devices), and by end use (homecare medical device and hospital and ambulatory care medical device)?
Q.2. Which products segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this medical device market?
Q.4. What are the business risks and competitive threats in this medical device market?
Q.5. What are the emerging trends in this medical device market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the medical device market?
Q.7. What are the new developments in the medical device market and which companies are leading these developments?