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2015: Jiangsu’s Medical Device Industry Seeks to Establish a New Strategic Hub

Release time：2015-04-23

In recent years, driven by the sustained rapid growth of China’s medical-device industry, market demand in first-tier cities such as Beijing, Shanghai, and Guangzhou has expanded at an unprecedented pace. However, the concentrated entry of device manufacturers has gradually led to market saturation in these urban centers. Looking ahead, where lies the potential for even greater market expansion? ? With the introduction of the new healthcare reform, the National Health and Family Planning Commission, in coordination with the National Development and Reform Commission, will invest. 1000 With RMB 100 million in support for grassroots healthcare, medical devices are poised for explosive growth in the primary-care market.

　　There are health institutions in the Jiangsu region of China. 31000 Home, ranking second, not only commands markets in several first- and second-tier cities but also extensively covers the vast grassroots market, with total annual healthcare expenditures reaching 1543 RMB 100 million, ranking third. At the same time, Jiangsu boasts a well-established and highly developed industrial base, making it a major hub for the medical device industry in China. Its favorable investment environment and sound market order have made it a prime target for foreign investors eager to enter the market, driving rapid expansion. Equipment Market demand is continuously creating broader market opportunities for foreign enterprises. Yet, there has long been a lack of a professional trade-matching and collaboration platform capable of supporting and accommodating Jiangsu’s pivotal industrial position and its substantial market needs.

　　To this end, with strong support from the Jiangsu Provincial Government, more than ten relevant industry departments—including the Jiangsu Provincial Health and Family Planning Commission, the Jiangsu Provincial Food and Drug Administration, and the Jiangsu Provincial Medical Device Industry Association—have announced that they will join forces with a leading Asian trade show organizer. UBM Bowen Group is hosting “ MEDITEXPO 2015 “Jiangsu Medical Device Technology Expo.” By establishing a pioneering equipment exhibition, the event assumes the mission of fostering medical device trade and cooperation and providing industrial support across the East China region centered on Jiangsu, thereby filling the gap in Jiangsu’s medical device market for dedicated trade shows.

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