Medical Technology in China: Riding the Growth Curve
China is one of the world’s most attractive healthcare markets and by far the fastest growing emerging market. The medical technology segment in China is the second largest in the world after the US, totaling over USD 40 billion in 2014 with an expected 20% annual growth over the next 3 years. In recent years, there have been significant changes in registration requirements, as well as advancements by local competition.