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Research and Markets: The Medical Device Market: China 2015Research and Markets (http://www.researchandmarkets.com/research/r4rr64/the_medical) has announced the addition of the "The Medical Device Market: China" report to their offering. China ranks as the largest economic power of the Asia Pacific region with a projected GDP of US$9.1tn in 2013. In terms of GDP per capita, it is considerably lower at US$6,676 in 2013, owing to its large population. Moreover, the country is divided into a relatively wealthy eastern coastal belt - consisting of Tianjin, Shandong, Jiangsu, Shanghai, Zhejiang, Fujian and Guangdong provinces and much poorer, underdeveloped regions in the interior and the west. Although the government has undertaken massive development plans to address these imbalances, and new factories are gradually being built further inland, this will be a long drawn-out process in a country of China's size. The Chinese government has launched a health reform programme that aims to create a solid platform for universal healthcare access for all by 2020. Phase 1 of the programme committed CNY850bn (US $124bn) to develop the country's healthcare system, whilst phase 2 proposes investment of CNY400bn (US$63.5bn) is to be invested in the healthcare system through to 2020. The prospects for medical device spending is huge; the government has committed heavily to the constrution of thousands of hospitals, healthcare centres, clinics and this will inevitably lead to spending on capital goods, most notably medical devices, equipment and furniture at an unprecedented rate in a relatively short space of time. In 2012, the central government alone invested CNY 24.3bn (US$3.9bn) to improve health service infrastructure. The medical device market is estimated at just under US$17.1bn in 2013. This makes China the fourth largest market in the world and the second largest in Asia behind Japan. In per capita terms, however, the market is far from rich. Per capita spending in 2013 is estimated at US$12.6. For the 2013-18 period, this report estimates market growth will continue to average 20% per annum in local currency, equivalent to a US dollar CAGR of 18.7%, making China one of the fastest growing markets in the world. High rates of growth are not uncommon in the Asian region, but on the back of a huge market size, China's growth is particularly pronounced. Key Topics Covered: 1. SWOT 2. Consumables Market Forecast 3. Diagnostic Imaging Market Forecast 4. Dental Products Market Forecast 5. Orthopaedics & Prosthetics Market Forecast 6. Patient Aids Market Forecast 7. Annual Medical Device Imports 8. Annual Medical Device Exports 9. Monthly Medical Device Exports 10. Economic Analysis 11. Industry Risk Reward Ratings 12. Healthcare Overview 13. Healthcare Resources 14. Healthcare Activity 15. Industry Trends And Developments 16. Regulatory Development 17. Intellectual Property Rights 18. Domestic Medical Device Manufacturing 19. National Medical Device Manufacturers 20. Multinational Medical Device Manufacturers 21. Multinational Market Activity 22. Medical Device Market Access 23. Risk/Reward Ratings Methodology 24. Sources 25. Contact Companies Mentioned - Andon Health - Biolight Meditech - Edan Instruments - GE Healthcare - Jiangsu Yuyue - Lepu Medical Group - Mindray Key - Shandong Weigao Group - Trauson - Wandong Medical - Zhuhai Hokai For more information visit http://www.researchandmarkets.com/research/r4rr64/the_medical
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