China Medical Devices Journal

Austin medical device firm LDR files for IPO - Austin Business Journal

Chinese medical device industry has experienced rapid development over the past 10 years, you still have a huge space for development, the future role of the three major driving factors, will maintain rapid growth. These three drivers include: China's aging population and consumption upgrade brings a corresponding growth in demand for health services, government health policy reforms brought about demand for the release as well as overseas market demand continues to increase.

Medical device industry as "eternal sunrise industry", with important economic, social status. On the one hand, health care is one of the basic human needs, the medical device industry is related to human life and health of the industry, has a certain rigidity characteristics, the "eternal sunrise industry, " said. On the other hand, the medical device industry influenced by industrial policy, while China nearly two years of intensive introduction of many health care reform policy heralded Chinese medical device industry is a crucial point in the development and change. 2009 opening of the "new medical reform" will greatly boost the demand for medical devices, and nearly two years of the introduction of the medical device regulatory policy is trying to regulate the industry, will greatly affect the industry competitive landscape. January 2012, the ministry issued a "Medical Device Technology industry, " second five "special plan", further defined the next five years China's medical device industry development goals.

China's medical equipment industry started in the 1980s, started late, but rapid development of the industry as a whole. Between 2000 and 2010, China's medical device market compound growth rate of 21%, to 2010 market size of over 100 billion yuan, in 2015 the market is expected to reach 340 billion. This growth rate far higher than the national average growth level of the same period and the same period of the global medical device market growth (14.3%).

China's medical equipment industry concentration is generally low, many companies, small and scattered. According to Health Ministry statistics, the total scale of China's medical device industry, the pharmaceutical industry is about the size of 1/10, but the number of medical device companies (about 13, 800) has reached the number of pharmaceutical companies (about 4800) of 2.9 times; That , Chinese medical device companies, the average size of the average size of the pharmaceutical companies only about 1/30. In recent years, mergers and acquisitions among enterprises accelerate, the top ten medical device companies percentage market share in sales gradually increased to reach 18.5% in 2009. However, the proportion of the gap is still large compared to global standards: 2009 Global 500 listing of medical device companies, the top 10 listed companies total sales accounted for 500 companies for 53% of total sales.

Ava the Elephant Ava the Elephant Talking Children's Medicine Dispenser
Baby Product (Ava the Elephant)
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GM moved x-ray division to China -- no medical

Device excise tax.
Medical Device Tax: Cook Medical scuttles midwest expansion plans over levy
Cook Medical says it will not proceed on plans to open 5 new facilities in the midwest because of concerns about the medical device tax.
Pete Yonkman, executive vice president of strategic business units at the Bloomington-based medical device company told the Indianapolis Business Journal that the company will likely pay between $20 to $30 million once the 2.3% excise tax takes effect in January, 2013.
At least three firms have already announced layoffs in anticipation of the tax, including Michigan-based Stryker Corp, a maker of hip and knee replacements that said it will cut its work force by 5 percent, losing 1,000 jobs

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