Medical devices are instruments, equipment, apparatus, in vitro diagnostic reagents and calibrators, materials, and other similar or related items used directly or indirectly in the human body, including the required computer software.
Medical device industry involves medicine, machinery, electronics, plastics and other industries, is a multidisciplinary cross, knowledge-intensive, capital-intensive high-tech industry. The basic characteristics of high-tech medical equipment is digital and computerized, is a multidisciplinary, cross-field crystallization of modern high technology, its product technology content is high, high profits, and therefore the various scientific and technological powers, international large-scale companies compete with each other on the heights of the higher barriers to entry. Even in the industry as a whole, lower gross margins, input is not high in the sub-industry will continue to have a higher technological content of the products, and from this spawned a number of enterprises with strong profitability. Therefore, the overall trend of the industry is high input, high yield.