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China Eyes Exporting High-end Medical Equipment Overseas

China held its 90th China International Medical Equipment Fair (CMEF) at Shenzhen City, Guangdong Province recently. Nearly 4,000 companies from China and abroad showcased tens of thousands of medical device products.

People’s Daily reported that China has made significant strides in the high-end medical equipment area, such as ventilators, sleep apnea machines, AI-based medical imaging processing, and surgical robots. In recent years, Chinese medical device companies have been advancing steadily into the global markets. According to data from China’s General Administration of Customs, China’s total exports of medical devices reached 484 billion yuan (US$ 68 billion) in 2023, among which, medical equipment exports grew 5.4 percent year-over-year and were up 54.8 percent compared to 2019.

The CMEF event organizer, Reed Sinopharm Exhibitions, signed a cooperation agreement with the Association of Private Hospitals of Malaysia (APHM). Next year, the two parties will jointly host an exhibition in Malaysia, aiming to bring more Chinese medical device products to the international markets.

Source: People’s Daily, October 22, 2024
http://health.people.com.cn/n1/2024/1022/c14739-40344083.html