Development status of China's medical device industry 2019-12-31
The medical device industry involves multiple industries such as medicine, machinery, electronics, and plastics. It is a multi-disciplinary, knowledge-intensive, and capital-intensive high-tech industry. The basic characteristics of high-tech medical equipment are digitization and computerization. It is the crystallization of modern, high-tech, multi-disciplinary, cross-domain, high-tech products and high profits. Therefore, it is the focus of competition among major technological countries and large international companies. Even in the sub-sectors where the industry's overall gross profit is low and the investment is not high, products with higher technological content will continue to appear, and some companies with strong profitability will be born from them. Therefore, the general trend of the industry is high investment and high yield.
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