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There Is A Huge Demand For Orthopedic Medical Devices.
Jun 25, 2018

There is a huge demand for orthopedic medical devices. 

From each subdivision of orthopaedic medicine, trauma products are relatively high in scale, spine and joint products grow faster.

In the market penetration rate, China's trauma, spine and joint market penetration rate of 4.9%, 1.5% and 0.6%, respectively, the United States 66%, 38%, 43%, compared to developed countries, China still has a large gap, the future has a greater potential for development. In recent years, the domestic medical device industry has developed rapidly, mainly concentrated in the low-end imitation products. In the field of high-end medical devices, imported brands occupy nearly 70% of China's high-end medical device products, such as NMR, CT, MI and other high-performance products are mostly imported. At present, our country orthopedics medical device enterprise Scale is small, the production line is relatively unitary, has the large-scale production ability and the competition strength's few manufacturers, has the research investment insufficiency, the innovation ability is weaker and so on. Although in recent years the quality of products in the continuous improvement, but do not have international competitiveness, the future under the support of policy, orthopedic medical equipment industry is expected to usher in a new round of development space.


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