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China Portable Medical Equipment Industry Report, 2013-2016


News provided by

Research and Markets

20 May, 2014, 12:05 GMT

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DUBLIN, May 20, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/9k3kb7/china_portable) has announced the addition of the "China Portable Medical Equipment Industry Report, 2013-2016" report to their offering. 
     (Logo: http://photos.prnewswire.com/prnh/20130307/600769 )

With the synergy of favorable policies, improvement in living standards and healthcare awareness raising, China's portable medical device industry has shown rapid development in recent years, with market size growing at a CAGR of 28.3% in 2008-2013 to approximately RMB44.21 billion in 2013. 

Allowing for the low penetration of portable medical devices (for example, market penetration of household glucometer is under 10% as opposed to the level of 90% in Europe, the United States and other developed countries), increasingly aging population, etc., China's portable medical device market size is expected to remain above 25% growth rate in 2013-2016. 

In China, portable medical devices are mainly used for home and clinical purposes, with market share of roughly 2:1 in 2013. Portable glucometer, electronic sphygmomanometer and electronic hearing aid as three hit products of China's home-use portable medical device market accounted for a combined 93.6% in 2013. 

Thus far, foreign-funded enterprises seize lion's share of China's portable medical device market. Take household electronic sphygmomanometer and portable glucometer markets in 2013 for example, Japan-based OMRON accounted for more than 60% of China's electronic sphygmomanometer market, followed by Andon Health, a domestic player whose market share was merely around 15%; America-based Johnson & Johnson and Switzerland-based Roche took 35% and 20% share of the Chinese portable glucometer market, separately, while the third and fourth-ranked domestic counterparts - Yicheng Bioelectronics and Sinocare only saw a combined share of 25%. 

In China, clinical-use portable medical devices refer to portable multi-parameter monitor, portable diasonograph, portable electrocardiograph, interventional medical devices, portable fetal monitor, etc., of which, portable multi-parameter monitor and portable diasonograph occupy higher market share, respectively 32.5% and 25.0% of clinical-use portable medical device market in 2013.


Key Topics Covered: 

1. Overview of Portable Medical Device

2. China Portable Medical Device Market 

3. Home-Use Portable Medical Devices in China 

4. Clinical-Use Portable Medical Devices in China 

5. Leading Overseas Enterprises 

6. Leading Chinese Enterprises 

7. Conclusion & Outlook 


Companies Mentioned: 

  • Andon Health
  • Edan Instruments
  • Guangdong Biolight Meditech
  • Johnson & Johnson
  • Mindray Medical International Limited
  • OMRON
  • Roche
  • Sinocare
  • Xiamen Comfort Science&Technology Group
  • Yicheng Bioelectronics
  • Yu Yue Medical


For more information visit http://www.researchandmarkets.com/research/9k3kb7/china_portable


Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

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