China's Medical Devices Import Upward in Jan-Oct 2014 (Summary)
(China Customs)
According to China customs statistics, for January-October, China's imports of medical devices total CNY 41.26 Billion, an increase of 4.3% over last year (YOY).



Main Causes of Medical Device Import Increase in Jan-Oct:

(1) China's medical reform promotes the demand for mid/high-end medical devices from abroad.

(2) Homemade medical devices lag behind foreign advanced levels, not up to domestic demand.

Considerable Problems:

(1) Transnational suppliers are competing for China's medical market share;

(2) Imported medical equipment have high cost of repair, pushing medical cost up for Chinese people.






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