The report, China MedTech Industry Yearbook – 2020 Edition, is the seventh yearbook presented by G-MedTech Research since 2014. Covering key segments of China medical device & IVD industry such as policies & plans, manufacturers, distributors, and end users, it presents both current situation and future trends with detailed data and analysis.
Medical device products in China are composed of equipment, instruments, In Vitro Diagnostics (IVDs) and other related materials, and are classified into three categories for supervision. Sales volume of medical device products in China was US$ 90.3 billion in 2019 with a CAGR of 16.8% from 2015 to 2019, which makes China one of the largest medtech markets in the world. It is also expected to reach US$ 100 billion by 2020.