2011 China Medical Electronics Market Survey Shows Fastest Growth of Monitoring Equipment

According to surveys of relevant institutions, in recent years, medical electronics as a new industry is rapidly rising, especially in the Chinese market. As China gradually moves into an aging society, the demand for medical electronic products is also increasing. According to the data provided, in 2010, China's medical electronics market reached a total of 5.791 billion US dollars, an increase of 44% over the market in 2009. It is estimated that in 2011, the total annual market of China Medical Electronics will reach US$7.22 billion, an increase of 25% over 2010. It is estimated that in 2013, China’s medical electronics market exceeded the US$10 billion mark and reached US$10.056 billion.

The following are the top five product details of the Chinese medical electronics segment market share:

The market value of diagnostic equipment in 2010 reached US$951 million, a 34% increase over 2009 and is expected to reach US$1.162 billion in 2011, an increase of 22% over 2010;

In 2010, the market value of therapeutic equipment reached US$ 824 million, an increase of 32% over 2009, and it is expected to reach US$ 975 million in 2011, an increase of 18% over 2010;

In 2010, the market for imaging equipment reached US$1.72 billion, which is an increase of 55% compared with 2009. It is expected to reach US$2.324 billion in 2011, an increase of 35% from 2010;

The market value of consumer electronics in 2010 amounted to 1.221 billion U.S. dollars, an increase of 44% over 2009, and it is expected to reach 1.584 billion U.S. dollars in 2011, an increase of 30% over 2010;

In 2010, the market for monitoring equipment reached US$115 million, a 47% increase over 2009 and is expected to reach US$163 million in 2011; an increase of 42% over 2010.

In the subdivided applications, imaging equipment still accounts for the largest market share, followed by consumer medical equipment. It is estimated that in 2011, the market value of these two major areas will grow at a rapid rate of 35% and 30%, respectively. The fastest growing monitoring equipment will grow at a growth rate of 42%.