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| Author: | Lipsom, R. Pemble, L. |
| Title: | Reshaping the medical equipment landscape |
| Journal: | China Business Review
1996 : JUL-AUG, VOL. 23:4, p. 8-15 |
| Index terms: | CHINA MEDICINE EQUIPMENT |
| Language: | eng |
| Abstract: | Each year, the PRC spends more than $1 billion on medical equipment, more than half of it imported. According to US0based Health Industry Management Association statistics, the PRc is the second largest market in Asia for medical devices after japan, and the fastest growing market in the world. The average value of existing medical equipment in China, at about $2,000 per bed in 1995, was four times what it was in 1990. While some of the changes in China should help foreign sales there, others could make the going more difficult. |
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