LONDON--(BUSINESS WIRE)--A well-known market intelligence company, Infiniti Research, has announced the completion of its latest article on gaining ground in China’s medical device market. This blog provides comprehensive including:
- An overview of China’s medical device market
- Key strategies for MNCs’ to survive in China’s medical device market
- Key strategies for local companies to thrive in China’s medical device market
The developments in China’s medical device market are taking place at a breakneck speed. This makes the Chinese medical device sector a highly lucrative market that top medical device companies cannot afford to ignore. The medical device market in the region consists of several tiers, ranging from high-end to mass-market equipment. High-end equipment consists of the latest diagnostic and treatment technologies, which are usually contained only in imported products, while mass-market equipment incorporates older technology used for basic screening and treatment. The ongoing healthcare reforms in China are expected to transform and reshape the market in fundamental ways. Over the next decade, China’s medical device industry will be largely dominated by factors such as rising importance of the midmarket, growth of local companies, and increased changes in ways that medical device products are sold.
The changing landscape of China’s medical device market will create immense opportunities for companies in the sector. Request a free proposal to gain detailed insights on how our solutions can help improve your key capabilities and capitalize on the right opportunities.
You may also like to read some of our recent articles on the medical devices market:
- How CEOs Can Navigate Digital Disruption in the Future of Medical Devices
- Trend Watch: What’s New in Medical Device Packaging?
- How Medical Device Manufacturers Can Improve Product Quality
As global companies seek to make their products stand out in an increasingly crowded marketplace, innovation has earned a place on the CEO agenda. Gain more insights on how you can innovate your existing strategies and process to be in line with the changing market demands. Get in touch with our medical device industry experts for more insights.
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us