China expects significant growth in medical device market

02/5/2013 | Xinhuanet.com (China)

Increasing demand for upgraded medical devices in China will help expand the market, which is expected to surpass Japan as the second largest medtech market in the world within the next seven years and account for a quarter of the world market by 2050, according to consulting firm PharmaLive. Currently, 60% of medical devices in China's health institutions were installed prior to the mid-1980s.

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Xinhuanet.com (China)

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