China's medical device industry began to develop in the 1980s. The overall development speed of the industry is fast, especially since the 21st century. With the rapid economic development and the continuous improvement of residents' living standards, the foundation and operating environment of the medical and health industry are gradually improved under the support of the national industrial policy and the promotion of the reform of the medical and health system, coupled with the structural changes of the population As a result, the medical device industry in China has entered a stage of rapid growth.

With the increasing attention paid by the state to the development of the medical industry, favorable policies such as encouraging innovation and accelerating examination and approval are constantly introduced, and people's medical and health expenditure and health awareness are enhanced, which will drive the further development of the medical device market. According to the prediction of China business industry Research Institute, the scale of China's medical device market will reach 833.6 billion yuan in 2021.

Regional distribution of enterprises

The market demand of medical device industry is greatly affected by economic development level, medical conditions, living consumption level and population density. As the first tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen, and the eastern coastal areas such as Zhejiang, Jiangsu, Shandong and Guangdong are relatively developed in economic level, the regional population density is relatively large, and the distribution of medical and health institutions is relatively dense, the market of medical devices in China is mainly concentrated in the above areas. According to the distribution of enterprises in various provinces, Guangdong Province ranks first with 1387702 enterprises, Shandong Province ranks second with 60929 enterprises, Zhejiang Province ranks third with 45177 enterprises, and Sichuan Province, Henan Province, Jiangsu Province and other provinces rank in the top ten.