The medical device market will usher in the golden decade
As China's medical device industry enters the golden period of development, capital from all walks of life is swarming, and industry mergers and acquisitions continue to heat up. According to reports, at the 3rd China Medical Device Summit Forum, Jiang Feng, vice president of China Medical Device Industry Association, said that China's medical device industry is the best and best part of the high-end equipment manufacturing industry, and the future space is large enough. “In 2012, the industry output value was over 10 billion yuan, which is a serious underestimation of our industry. In fact, conservatively, our medical device production value is 30 to 400 billion yuan, and industrial sales are about 300 billion yuan. At present, the entire industry is very confident." Yan Tingfei, director of the Biomedical Materials and Tissue Engineering Center of Peking University, believes that the next decade of medical devices will be the golden decade. According to statistics, medical devices are the most subdivided industries in 2012, which are closely related to private equity and venture capital. In terms of the number of investment cases, the number of transactions in the industry was 2.58 times that of 2011, and the transaction amount was three times that of 2011. The proportion of all medical and health industry transactions increased from 2.46% in 2011 to 17.51%. In 2013, this trend continues. For example, on March 5 this year, Millennium Ventures announced the completion of the A round of financing for Shanghai Aohua Photoelectric Endoscope Co., Ltd. In the previous January, another endoscope manufacturer, Nanjing Weichuang, accepted the capital injection of private equity fund Yinglian Investment. Yinglian Investment pointed out that China's endoscope consumables market will achieve a compound annual growth rate of 20% in the next five years. It is understood that future new product development hotspots in the medical device field will focus on gastric pacemakers, silk artificial blood vessels, remote control capsules, cancer screening devices and so on. The market expects that the size of China's medical device market will reach 53.7 billion US dollars by 2015. We, Jiangsu YanFang Medical Technology Co., Ltd, commenced our medical gloves manufacturing in 2020. Currently, we possess a total of 12 high-capacity NBR Glove Dipping Production Lines. Medical Exam Nitrile Gloves,Blue Disposable Nitrile Gloves,Medical Gloves,Examination Nitrile Gloves Jiangsu Yanfang Medical Technology Co.,Ltd. , https://www.yanfangchina.com
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