Release date: 2009-04-17
China's medical X-ray equipment market will reach a market growth rate of 9.73 billion US dollars by a compound annual growth rate of 9.3%, which was recently pointed out in the report of China Medical X-ray Equipment Market published by InMedica. The Chinese government is the main driving force for the continued growth of medical care and the development of digitalization of hospital X-ray equipment.
Due to China's continued investment in rural medical care, low-end X-ray machines such as traditional filming machines will remain stable in the next few years, but there will be tremendous growth in high-end product markets such as mobile C-arms and DR. Tang Zuhui, an analyst at InMedica's Shanghai office, pointed out that the number of DR products (FPDs and CCDs) in China will nearly triple from 2007 to 2012.
Multinational companies dominate the high-end X-ray machine market, such as cardiovascular, gastrointestinal, mobile C-arm and DR. More than 80% of DR products are currently supplied by multinational companies. Third-tier hospitals have strict requirements for the selection of X-ray machine products. At present, domestic enterprises are difficult to compete with multinational companies in this piece. Local companies are more likely to compete in relatively low-end markets at lower product prices.
In the Chinese market, customer relationships are particularly important, and product sales through agents are the best choice for many manufacturing companies. It is estimated that about 85% of X-ray machine sales revenue comes from the agent channel. Shanghai Medical Device Industry Association
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