Frbiz.com Reports Asian Medical Device Industry

Frbiz.com Reports Asian Medical Device Industry

  Asia has more than 40 million people and enormous energy reserves. The past 20 years, China, India, Asia’s two great powers of rapid economic development and promote economic prosperity neighboring countries, Western economists thus recognized that a new “Asian Age” is coming, whereas the traditional by Europe, the United States to dominate the world economy, the two continents will follow the pattern of change, these changes also were present in the medical device industries. In this paper, in recent years from China, India, Japan, Korea, Malaysia, Thailand and Indonesia and other Asian countries, the medical device industry, trade patterns, market development, detailed analysis is not difficult to see that the Asian medical device industry, there are many opportunities and great development potential.

     ”Today’s Asia is no longer a backward, underdeveloped continent, but a full of business opportunities in the ‘new continent’, this place has become an international medical device industry, a big market.” Bridge of the U.S. Pacific pharmaceutical / medical device consulting firm Gross, CEO, said recently analyzed the industrial prosperity of Japan is Asia’s largest medical device market, is also the world’s second largest after the U.S. medical device market, with annual sales of up to 45 billion U.S. dollars (U.S. 860 million), it is the largest U.S. export market for medical devices, the U.S. medical device exports to Japan in recent years maintained at about 35 billion U.S. dollars per year, higher than its in Germany, the Netherlands, Canada, England, Mexico and other countries exports of medical devices; China is Asia’s second-largest medical device market, the size of up to 40 ~ 80 million; much smaller than China’s total economic output of India and want to enter “the world’s seventh largest economy” in South Korea has become Europe and the United States instrumentarija Business Eye inside the hot market for Western countries and India in 2007, South Korea’s medical equipment exports at 18 billion or more, only the United States to South Korea’s total exports of medical equipment that is more than 800 million U.S. dollars; while long-term economic development is lagging behind in Southeast Asia, also from the past, the world’s medical device market, the “extra” to the rapidly growing business for Europe and the United States instrumentarija important customer.

     Status: enjoys a good reputation

     Japan is Asia’s largest medical device market. The country already has a complex and comprehensive medical device regulations, as well as a large number of well-educated professional and technical personnel, so the Japanese medical device products in the international market, enjoys a good reputation. For Europe and the United States medical equipment exporters, in order of their products into the Japanese market is not an easy task, because Japan’s imports of medical equipment products have very strict approval and testing procedures, more important is that Japan itself is the world major medical equipment producer and exporter of power.

     China: full of business opportunities for

     For Europe and the United States instrumentarija traders are concerned, China is not only a major export market is also a major import market. On the one hand, and different from Japan until the early 90s of the last century, China is still a lack of good products on the import of medical devices rules and regulations, coupled with China’s lack of self-development, producing high-end medical equipment products (such as CT, MRI, PET, etc.) capacity, and domestic type of diagnostic equipment they needed, so the last century, 90 years, with China’s rapid economic development, its fast becoming Europe and the United States manufacturers of medical products to sell high-end mass market. According to the U.S. Pacific Bridge Consulting, Inc., the last century, 90 years, China’s import volume CT machines has far exceeded except Japan, most Asian countries.

     At present, Europe and the United States instrumentarija providers generally believe that China is Asia’s largest market for business opportunities. China not only has a population of 1.3 billion, and the Chinese government holds huge foreign exchange reserves (this is better than other Asian countries), and therefore ability to pay is not a problem. Another factor can not be overlooked is that China and Japan, as the growing aging population in China, many cities, the urban population aged over 60 accounted for 16% of the proportion of elderly people in Japan more than China. The elderly more than other groups in need of medical equipment products, particularly consumer electronics devices such as diagnosis and treatment of minor medical equipment products. Western economists, analysts believe that the future will be like Japan, China needs to import more of the implantable vascular stents, orthopedic equipment, home electronics, diagnostic instruments, atrial defibrillator, heart pacemakers, and various large-scale electronic diagnostic equipment . This will instrumentarija Europe and the United States to create more export opportunities for providers.

     On the other hand, India is different is that China is capable of producing the vast majority of commonly used medical device products, particularly China has the world’s strongest disposable medical device products, such as disposable syringes, infusion sets, blood transfusion bags, general surgical instruments products, the kinds of medical textiles (including sanitary napkins, sterilized gauze, surgical towels, medical clothing) production capacity. At present, China has a certain scale of production will exceed the number of medical appliance manufacturers in Europe, the United States the sum of medical appliance manufacturers, including 200 medical appliance manufacturers specialized in producing disposable medical device products. Through the years of development, China has become a fast-rising medical device product exporting countries, many labor-intensive low value-added export markets medical device products, such as the United States most of the clinical use of disposable syringes from China.

     India: Tourism Economic stimulus to imports

     Though India is second only to China, the world’s most populous country, but its lack of economic output of China’s 1 / 4. In recent years, India’s exports of bulk drugs developed rapidly, but India has not yet established the basis of the medical device industry, medical equipment production is one of the country, “short-legged,” most of its domestic need of medical equipment products imported from abroad, Canada the past decade, India to develop “medical tourism” industry, every year 10 thousand patients in Europe and the United States as tourists to India hospital for treatment, it can create 150 million U.S. dollars annually in medical device products imports.

     Southeast Asia and West Asia: is expected to become the new hot spot

     Malaysia, Thailand and Indonesia and other Southeast Asian countries are expected to become Asia’s new hot spot for medical device market in the country, economic experts predict that medical equipment in Southeast Asia combined annual import and export volume will reach more than 1.5 billion U.S. dollars.

     West Asia due to abundant reserves of oil and natural gas, coupled with soaring international oil price in recent years, so that the country benefited from West Asia. In the future, West Asia will become an important medical device market is expected to West Asia, imports of medical equipment is expected to more than one billion U.S. dollars.

     Opportunity: “Outsourcing” Business is expected to continue to be a

     Asia is not only a fast-growing medical device market, and Europe and the United States instrumentarija’s product “outsourcing production” an important base. This is because China, India and some Southeast Asian countries in labor costs much lower than European and American countries, and higher levels of workforce skills. Currently, GE, Siemens, IBM and other large companies in China, India and other Asian countries have set up a production line, directly in the production of these products and nearby Asian countries in the Asian market so as to reduce production costs and transportation costs. European and American firms to consider outsourcing production bases in Asia, the establishment of another factor is that countries such as China and India have successively through intellectual property protection laws and regulations, which the West instrumentarija business products “eastward shift of the production” of pave the way; China, India and other Asian countries have started to adopt the International Organization for Standardization (ISO) of the medical device manufacturing management methods, and therefore the above-mentioned Asian countries, commissioned by the production of high-quality medical device products can successfully enter the international market.

     According to the latest reports from the foreign media last year, the U.S. medical device products, “outsourcing” of the country’s total output value of the medical device industry (about 90 billion U.S. dollars) in 9%, or 81 billion U.S. dollars. This is not a small figure. U.S. medical device company of 4% of the “outsourcing” the allocation of items give Mexico-based Latin American countries, other projects were allocated to the Asian countries. With the American expansion of the scale of production in Asia, the next few years, the United States instrumentarija business may be the production of precision medical equipment transferred to Asian countries.