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89th CMEF in Shanghai Elevates Global Medical Device Trade to The Next LevelSHANGHAI, April 15, 2024 /PRNewswire/ -- The 89th edition of the China International Medical Equipment Fair (CMEF) witnessed an impressive turnout of over 200,000 attendees from more than 150 countries. Prominent companies in the industry seized the opportunity to showcase their cutting-edge products and comprehensive solutions, covering every aspect of the industry chain. The exhibition served as a dynamic platform for collaboration, innovation, and exploration, significantly boosting global medical device trade. CMEF, over four decades, has grown into a multifaceted expo for the medical device industry, featuring innovation showcases, commercial trade, and knowledge exchange. It provides a key platform for launching and promoting advanced medical technologies and products. This year, the exhibition featured nearly 5,000 renowned global enterprises with flagship products on display. Diverse categories were designed to explore emerging trends and prospects. Key categories include:
In 2023, China's medical device sector saw a 9.34% average growth rate in trade, with exports growing by 8.21% and imports increasing by 10.79%. Import values of medical equipment and IVD products exceeded exports. On March 13th, the State Council officially launched a new round of large-scale equipment upgrades and trade-ins for consumer goods. The initiative emphasizes the need to encourage eligible medical institutions to accelerate the upgrading and transformation of medical equipment. CMEF, as a global platform for trade cooperation, enables international exchanges, fostering cross-border trade, and supports multilateral collaborations in diverse sectors. It attracts participants from over 30 countries and regions, catalyzing technological and trade exchanges and supporting enterprises in accessing global markets. The upcoming exhibition is scheduled to take place in Shenzhen from October 12th to 15th, 2024. View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/89th-cmef-in-shanghai-elevates-global-medical-device-trade-to-the-next-level-302116150.html SOURCE CMEF |