DUBLIN, Mar. 21, 2014
/PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/j7dz9n/china_medical) has announced the addition of the "Concise Analysis of the Chinese Medical Monitor Industry" report to their offering.
In 2007-2011, the Chinese medical monitor market size rose from RMB1.16 billion to RMB3.08 billion at a CAGR of 27.8%. In 2012, the figure reached RMB3.86 billion, a year-on-year increase of 25.3%, of which, multi-parameter monitor market size accounted for more than 60%.
China is a major exporter of monitor, in 2006-2012 the export volume grew at a CAGR of 22.9%. From January to October of 2013 China's export volume of medical monitors climbed 16.7% YoY. Meanwhile, many of high-end medical monitors in China are still dependent on imports, 80% of the medium- and high-end monitor market was occupied by General Electric (GE), Philips and other foreign brands.
Medical monitor pertains to the high-tech, high value-added product, with high levels of industry profit. In 2008-2013 China's major monitor enterprises e.g. Mindray, Biolight and EDAN Instruments kept gross margin around 50%.
With the improvement of living standards and aging of population in China, medical monitor will be extended from medical institution to home health care, and household multi-parameter monitor will become a new growth engine of consumption, which will consolidate the market position of multi-parameter monitor. Meanwhile, accompanied by the family planning policy adjustments, obstetric monitor embraces a positive outlook.
The Chinese medical monitor market size is expected to achieve RMB7.42 billion in 2015, of which, multi-parameter monitor market size and obstetric care market size will be RMB4.412 billion and RMB588 million, respectively.
Key Topics Covered:
1. Overview of Medical Monitor Industry
2. Status Quo of China Medical Monitor Industry
3. Environment for China Medical Monitor Development
4. Key Companies
5. Summary and Forecast
- Beijing Choice Electronic Tech
- EDAN Instruments
- Nihon Kohden
- Shenzhen Creative Industry
- Tianrong Medical & Communication Equipment
For more information visit http://www.researchandmarkets.com/research/j7dz9n/china_medical
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SOURCE Research and Markets