According to the data of "Medical Device Industry Market Demand Forecast and Investment Strategy Planning Analysis Report" released by Prospect Industry Research Institute, the sales value of China's medical device industry continued to grow from 2011 to 2016, but the growth rate fluctuates, and the overall trend is declining, and the sales value of China's medical device industry in 2016 was 264,379 million yuan, a year-on-year increase of 13.25%.
The current upgrading and updating of medical devices has also brought demand to the market, for example, ultrasonic instruments used to be mainly black-and-white ultrasound, but now most of them have been replaced with color ultrasound. The trend of healthcare products is moving from the hospital laboratory to the doctor's office and then into the home to provide convenience to patients. The development of technology has pushed the application of portable medical terminals, so that patients can use medical equipment at home or on the go at any time.
Consequently, China's medical device product structure is also being adjusted, medical device function from pure diagnosis, treatment, laboratory type to diagnosis, treatment, testing, analysis, rehabilitation, physiotherapy, massage, health care and other multi-functional extension, will continue to adjust the structure of medical device products, so that its market continues to expand. In addition, people are now very agreeable to the prevention of disease and the concept of early detection, early treatment, which also promotes the examination and diagnosis of basic medical equipment such as X-ray, ultrasound, CT, PET, MRI and other needs.