Report of Chinese Medical Instrument Industry under International Financial Crisis, 2009
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Although the largest medical instrument markets are America, Europe and Japan now in the world, China is generally acknowledged the hugest potential market. In the developed countries, the output values between medical instruments and manufacture are 1: 19. It is only 1: 5 in China. There is a huge potential for medical instrument market in China.
The direction of Chinese medical system reform is fundamentally clear. The government will increase the investment in the constructions of public hygiene systems, community systems in urban areas and rural grass-root medical hygiene systems. It can be predicted that Chinese medical instrument market will be in a period of rapid growth in two to three years.
At present, the overall world faces the serious strikes of financial crisis. But investment opportunities still exist under international financial crisis. Because the developed countries are affected by the international financial crisis, they are bound to reduce the public welfare budgets and they have reached the agreements to find excellent quality and reasonable price substitutes, which provides growth opportunities for Chinese medical instruments.