Investment guidance for the Chinese medical device market

Zhang, Wiefan and Liu, Rebecca Ru-Yuh and Chatwin, Chris (2015) Investment guidance for the Chinese medical device market. Journal of Medical Marketing, 15 (1-2). pp. 4-9. ISSN 1745-7904

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Abstract

The medical device market is one of the most attractive and profitable areas in the global economy. Since China opened its doors to the world, it has attracted increasing amounts of foreign investment. The Chinese medical device market is currently one of the most promising and fastest growing markets, which is the second largest market in the world with 200 billion yuan (RMB) total sales in 2013. This paper illustrates the geographical distribution of the Chinese medical device industry, combined with the location quotient (LQ) assessment, to reveal the medical device industry’s professional level and degree of concentration in each province, providing guidance for investors who are interested in medical device investment in China. The LQ and market share (MS) matrix reveals that the best investment regions in China are Bohai Economic Rim, Yangtze River Delta and Pearl River Delta Economic Zones.

Item Type:
Journal Article
Journal or Publication Title:
Journal of Medical Marketing
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/2700/2701
Subjects:
ID Code:
82284
Deposited By:
Deposited On:
19 Oct 2016 14:06
Refereed?:
Yes
Published?:
Published
Last Modified:
01 Jan 2020 10:00