China Medical Market Devices Outlook Medical Intelligence Report



Research and Markets (http://www.researchandmarkets.com/reports/c25725) has announced the addition of China Medical Market Devices Outlook - Medical Intelligence Report to their offering

Medistat Outlook Reports are ideal for executives wanting to understand the key drivers in medical markets worldwide. Each report provides a comprehensive analysis of the market and, importantly, provides 5-year forecasts by technology category, national data projections, outlook and key developments such as regulation, health facilities and government policy. Importantly, the market can be seen in its global context with international market comparisons.

Summary
Since opening its economy to the West in the late 1970s, China has experienced rapid growth. In 2003, China s GDP reached 11,029.8 billion yuan, equal to US$1,332.2 billion. While this makes China one of the world s larger economies, the sheer size of the population means that per capita wealth is very low, at around US$1,031 in 2003.

The Chinese device market is largely supplied by imports or products made locally by multinational joint ventures, especially at the higher end of the technology scale. Local companies are usually small and undercapitalised by Western standards.

The regulatory system has been notoriously difficult to negotiate successfully and appeared opaque and awkward to many foreign investors. In an attempt to remedy this, revisions to the registration process have recently been implemented.

For more information visit http://www.researchandmarkets.com/reports/c25725

Laura Wood
Senior Manager
Research and Markets
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China Medical Market Devices Outlook Medical Intelligence Report