The Chinese medical device market:market drivers and investment prospects

Zhang, Weifan and Liu, Rebecca Ru-Yuh and Chatwin, Chris (2016) The Chinese medical device market:market drivers and investment prospects. Journal of Commercial Biotechnology, 22 (2). pp. 33-39. ISSN 1462-8732

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Abstract

The economy in China has experienced rapid growth and been remarkably successful ever since the reforming and opening-up policy. Like China's economy, the Chinese medical device market is developing rapidly; this paper identifies important parameters controlling this market. Regression analysis shows that the number of hospital visits, aging population and the number of hospitals have a positive relationship with medical device revenues. Therefore, they are the main drivers of the Chinese medical device market. Disease profile is another important market driver. Analysis of the main market drivers, illustrates that the Chinese medical device market offers significant investment opportunities.

Item Type:
Journal Article
Journal or Publication Title:
Journal of Commercial Biotechnology
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/1400/1405
Subjects:
ID Code:
83597
Deposited By:
Deposited On:
10 Jan 2017 11:30
Refereed?:
Yes
Published?:
Published
Last Modified:
08 Aug 2020 05:38