‘Medical device’ means any instrument, apparatus, implement, machine, appliance, implant, reagent for in vitro use, software, material, or other similar or related article, intended by the manufacturer to be used, alone or in combination, for human beings, for one or more of the specific medical purpose(s) of:
- diagnosis, prevention, monitoring, treatment, or alleviation of disease,
- diagnosis, monitoring, treatment, alleviation of or compensation for an injury,
- investigation, replacement, modification, or support of the anatomy or of a physiological process,
- supporting or sustaining life,
- control of conception,
- disinfection of medical devices
- providing information by means of in vitro examination of specimens derived from the human body;
and does not achieve its primary intended action by pharmacological, immunological, or metabolic means, in or on the human body, but which may be assisted in its intended function by such means.
The medical device market is one of the fastest-growing market sectors in China, having maintained double-digit growth for over a decade. Although Chinese hospitals consider U.S. products to be of superior quality and the most technologically advanced, which has fueled the demand for U.S. products. In China, the medical device market now accounts for 14% of the local pharmaceutical market. In contrast, this number goes up to 42% globally largely due to huge patronage from Africa and many other developing countries. As the world’s second-largest economy, there is a significant growth potential of the medical device sector in China.
The United States ranks as the #1 foreign supplier of medical devices in China, followed by Germany and Japan. These three countries represent the majority share of China’s imports. Chinese domestic medical device companies are consolidating, upgrading quality, and competing in medium-level technology niches.
List of Best 10 Medical Device Companies in China
Shenzhen Mindray Bio-Medical Electronics Co., Ltd ( Mindray for short), a sino-U.S. joint venture, located in Shenzhen, P. R. China, is engaged in the development, manufacturing, marketing, and selling of electro-medical equipment in the Patient Monitoring, Laboratory Instrument and Medical Ultrasound fields. Shenzhen Mindray Bio-Medical Electronics Co, Ltd. is one of the worldwide leading suppliers of medical devices and solutions. Products include patient monitoring and life support systems, in vitro diagnostics and medical imaging systems, orthopedic implants, etc.
Yuwell-Jiangsu Yuyue medical equipment & supply Co., Ltd. is a Chinese listed company founded in 1998. Yuwell brings professional health management concepts and advanced product solutions into daily life, makes a health ecosystem consisting of homecare medical, clinic medical, and internet medical, and builds up a professional and comprehensive medical service platform.
Yuwell’s headquarter is located in Shanghai, China. It owns seven R&D centers and five production bases, which are spread in San Diego(US), Tuttlingen(German), Taiwan, Beijing, Shanghai, Nanjing, Suzhou, and Danyang. Besides, its representative offices site over the world, reaching a complete network of R&D, production, sales, and service.
Yuwell now is cooperating with Chinese famous medical agencies and core expert group to meet and exceed healthcare requirements in the homecare field and chronic disease management field. Seven categories of Yuwell’s market share have kept No.1 in three fields of the respiratory system, cardiovascular system, and endocrine system for many years. Undoubtedly, Yuwell is the top brand in the Chinese homecare medical device industry. SEE List of Medical device consulting companies in the USA
Lepu Medical Technology (Beijing) Co., Ltd. specialized in the design, manufacture, and marketing of medical devices and equipment. Products are dedicated to cardiovascular interventions, cardiac surgery, cardiac rhythm management, anesthesia, intensive care, in-vitro diagnostics, and general surgery.
Neusoft Corporation is a China-based company principally engaged in software businesses and system integration businesses. The Company’s products are applied in health and social insurance, intelligent automobile interconnection, intelligent city, enterprise interconnection, and other fields. The Company is also involved in the provision of related services, as well as property advertising businesses. The Company operates its businesses in both domestic and overseas markets.
Shinva medical instrument co., ltd. is a China-based company principally engaged in the manufacture and distribution of medical equipment. The Company’s main products consist of medical sterilization equipment, cleansing and disinfection equipment, sterile supplies, sterilization and supply center project, pharmaceutical sterilization equipment, automatic conveying systems, process control management system, brachytherapy machine, and others. The Company is also engaged in the manufacture and sales of pharmacy equipment, as well as the provision of medical services. The Company distributes its products within the domestic market and overseas markets.
Dian Diagnostics Group Co., Ltd., formerly ZHEJIANG DIAN DIAGNOSTICS CO., LTD., is a China-based company principally engaged in the provision of medical diagnosis outsourcing services. The Company operates through two main segments: the Service Industry segment and the Business Trading segment. The Service Industry segment is primarily involved in the fields including diagnosis services, diagnostic equipment distribution, cold chain logistics, and physical health examination, among others.
Autobio Diagnostics Co., Ltd. is a China-based company and is mainly engaged in the development, manufacture, and sales of diagnostics products. The Company’s main products include gnostic products, microbiology detection products, and related devices. The immunodiagnostic products include microplate chemiluminescence diagnostic reagents, Enzyme-Linked immunosorbent assay diagnostic reagents, magnetic particle chemiluminescence detection reagents, and colloidal diagnostic reagents. The microbiology detection products include training detection reagents, susceptibility detection reagents, and rapid detection reagents. The device products include microplate readers, chemiluminescence immunoassay analyzers, and united testing analyzers. The Company distributes its products in domestic markets. SEE: List Of Top Medical Device Companies In USA