Accepted author manuscript, 507 KB, PDF document
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Accepted author manuscript, 407 KB, PDF document
Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - The Chinese medical device market
T2 - market drivers and investment prospects
AU - Zhang, Weifan
AU - Liu, Rebecca Ru-Yuh
AU - Chatwin, Chris
PY - 2016/8/30
Y1 - 2016/8/30
N2 - The economy in China has experienced rapid growth and been remarkably successful ever since the reforming and opening-up policy. Like China's economy, the Chinese medical device market is developing rapidly; this paper identifies important parameters controlling this market. Regression analysis shows that the number of hospital visits, aging population and the number of hospitals have a positive relationship with medical device revenues. Therefore, they are the main drivers of the Chinese medical device market. Disease profile is another important market driver. Analysis of the main market drivers, illustrates that the Chinese medical device market offers significant investment opportunities.
AB - The economy in China has experienced rapid growth and been remarkably successful ever since the reforming and opening-up policy. Like China's economy, the Chinese medical device market is developing rapidly; this paper identifies important parameters controlling this market. Regression analysis shows that the number of hospital visits, aging population and the number of hospitals have a positive relationship with medical device revenues. Therefore, they are the main drivers of the Chinese medical device market. Disease profile is another important market driver. Analysis of the main market drivers, illustrates that the Chinese medical device market offers significant investment opportunities.
U2 - 10.5912/jcb741
DO - 10.5912/jcb741
M3 - Journal article
VL - 22
SP - 33
EP - 39
JO - Journal of Commercial Biotechnology
JF - Journal of Commercial Biotechnology
SN - 1462-8732
IS - 2
ER -