The scale of China's medical device industry continues to grow at a high rate, and the scale of import and export has steadily increased.
In the past three years, the scale of China's medical device industry has continued to grow at a high rate due to the impact of the new coronary pneumonia epidemic. In 2022, the number of domestic medical device manufacturers exceeded 30000, and the number of operating companies also exceeded 1.1 million, which promoted the vigorous development of the entire medical device industry.
In the ongoing fight against the new coronary pneumonia epidemic, the global demand for medical device products is strong, and China's import and export of medical devices has increased by a step compared to the overall scale before the epidemic, firmly ranking the world's second largest medical device market.
According to statistics, from January to November 2022, China's total exports of medical devices reached 444.179 billion billion yuan, with an average annual compound growth rate of 10.2 percent, much higher than the growth rate of China's total import and export trade of all products and GDP in the same period.
From January to November 2022, among the major categories of commodities exported by medical devices in China, the export volume of medical consumables was the largest, totaling 251.369 billion yuan, followed by medical equipment and IVD reagents.
Among the key commodities of medical devices, the export volume of protective masks is the highest and the trade surplus is the highest, followed by test strips, masks, etc., and others such as PVC gloves, rubber gloves, cotton wool, gauze, bandages, medical protective clothing, etc. are also ranked high.
China's medical device industry is entering a golden decade. With the continuous adjustment of industrial policies and the implementation of the "Belt and Road Initiative" strategy, domestic medical device enterprises are accelerating the global layout and participating in international competition. More Chinese enterprises are "going out".
At present, the development mode of medical device enterprises is changing from marketing driven to innovation driven, and the competition dimension will be expanded in an all-round way. Whether we can further promote the digital transformation and give full play to the strategic resource value of data will play a key role in the future industry competition, and medical device enterprises will also face an unprecedented competition pattern.
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