TMCnet News
Research and Markets: China Medical Monitor Industry Report 2014-2017Research and Markets (http://www.researchandmarkets.com/research/ztthpk/china_medical) has announced the addition of the "China Medical Monitor Industry Report, 2014-2017" report to their offering. During 2007-2013, the market size grew at a CAGR of 21.5%, to RMB4.69 billion in 2013. However, the medical monitor penetration in China was still at a relatively lower level, at 26.5% in 2013, far below the US level of 80%, reflecting great development potential. It is projected that by 2017 the market size of the medical monitor industry in China will exceed RMB10 billion. At present, most medical monitor enterprises in China are still very small and have weak R&D capabilities, and the market is dominated by Mindray, Philips (News - Alert), and GE, which occupy a combined hare of roughly 80% in the China medical monitor market. Moreover, Philips and GE enjoy absolute superiority in the Chinese market of medium and high-end monitors. But under the backdrop of medical reform in China, foreign companies are also expanding their presence in the medium and low-end market. For example, GE planned to raise the proportion of medium and high-end monitors and low-end ones in China 50%:50% by 2015. As a leader in China's medical monitor industry, Mindray took a 37% market share at home in 2013. Currently, the company is stepping up the expansion in China's high-end monitor market. Compared with medical imaging system and in-vitro Diagnostics, however, Mindray's revenue from monitoring products showed a slowdown in growth rate, with the revenue proportion falling from 44% in 2009 to 36% in the first three quarters of 2014. Key Topics Covered: 1. Overview of Medical Monitor Industry 2. Status Quo of Medical Monitor Industry 3. Development Environment of Medical Monitors in China 4. Major Medical Monitor Enterprises 5. Summary and Forecast Companies Mentioned
For more information visit http://www.researchandmarkets.com/research/ztthpk/china_medical
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