Domestic space is large
At present, the global medical device industry concentration degree is higher and higher, the major multinational companies in the world market share increase.
Statistics show that, the world's top ten medical device companies, Johnson &johnson, Siemens, GE medical, medtronic, Baxter healthcare, philips medical, Boston scientific, di, psyche, swabs medical history, in 2004 the 10 companies accounted for 34.5% of the world's market share, to 44.8% in 2010.
YiXie industry growth depends on innovation. EvaluateMedTech prediction, 2011 ~ 2011, the global medical technology research and development spending of 3.3% annual growth rate will remain in the field of health, to $25.3 billion. In fiscal 2011, global r&d budget in the top five of Johnson &johnson, abbott laboratories, Siemens, medtronic, GE, in turn, for $7.5 billion, $4.1 billion, $1.56 billion, $1.51 billion and $1.3 billion.
At the same time, global YiXie market sales grow from $2011 in 187 billion to $2009 in 355.3 billion, the compound growth rate of 8.35%. Last year, China YiXie market size of about 150 billion yuan, nearly 10 years compound growth rate of 21.3%, far more than the developed countries.
China's medical equipment market accounts for 14% of the medicine and the total size of the market, with 42% of the world's level, compared with global YiXie per capita consumption level, our country has 5 ~ 6 times of room to grow. Market is expected that by 2015 China's medical equipment market will reach $53.7 billion.