With production value of USD52.7 billion, China accounts for 49.3% of the Asia Pacific total in 2023. The industry’s exports share decreases in 2023 to 32.1% of total production output. The industry’s profitability increases and stands at 5.9% of production value in 2023, the 19th highest regionally. The costs of the industry increase by 1% in 2023, largely driven by rising B2B costs. The total number of companies remains unchanged in 2023. The industry is fragmented, with the top five companies generating 43.1% of total production value in 2023. Wuhan Sanlong Technology Development Co Ltd is the largest company in China, generating 26.1% of the industry’s total production value in 2023. China has the largest market size for medical and surgical equipment regionally, with demand reaching USD62.0 billion in 2023. B2B drives market demand, with B2B spending representing 99.5% of total demand in 2023. The market is dominated by domestic suppliers, as imports account for 34.5% of total market size in 2023.
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This Euromonitor industrial report provides unique information on Medical and Surgical Equipment in China: ISIC 3311. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Medical and Surgical Equipment in China: ISIC 3311 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Pharmaceuticals and Medical Equipment is an aggregation of Pharmaceuticals, Medical and Surgical Equipment.
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