International Health Fair collocated with China Medical Innovation Forum

Future prospects for “Medical Technology”
In China, the economy is recovering faster than expected and is gradually moving into a new post-corona reality. After around 20 percent growth last year, the country is continuing to catch up with the USA, the world’s largest medical technology market. The ­demand for medical technology in China remains huge and ranges from high-end magnetic resonance devices and prostheses to surgical instruments and therapeutic devices. Investments are being made in modernising ­hospitals, e-health and geriatric care, but also in expanding preventive care. The hitherto good market position of foreign medical technology ­manufacturers is gradually coming ­under pressure, as China wants to ­reduce its hitherto high dependence on imports. Since 2016, China has had an ambitious healthcare program, “Healthy China 2030”. The main ­component is improving the efficiency of healthcare in China.

Further information: www.camdi.org