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Advanced Medical Devices

高端医疗器械

China is rapidly reducing its dependence on imported medical equipment, developing domestic alternatives for MRI machines, surgical robots, in-vitro diagnostics, and implantable devices.

Hubs

5

cities with this sector

Total Output

¥165B

combined industry output

Companies

1,400

across all hubs

Employment

190K

workers in sector

Key Statistics

Medical device market

¥1.2T

2023

Domestic surgical robots

15+ approved

2024

Import substitution rate

~35% (high-end)

2023

Global Context

China's medical device market is the second-largest globally. Domestic companies now compete in surgical robotics, ultrasound, and patient monitoring.

Policy Drivers

  • Medical device import substitution policy
  • Innovative device fast-track approval
  • Hospital procurement domestic preference

Key Companies

Mindray

迈瑞医疗

300760.SZ

China's largest medical device company, a global leader in patient monitoring, in-vitro diagnostics, and ultrasound imaging.

Shenzhen, Guangdong

United Imaging

联影医疗

688271.SH

Leading domestic producer of MRI, CT, and PET-CT systems, competing with GE and Siemens.

Shanghai, Shanghai

MicroPort Scientific

微创医疗

0853.HK

Leading developer of cardiovascular stents, surgical robots, and implantable medical devices with global operations.

Shanghai, Shanghai

BaseCare Medical

贝康医疗

2170.HK

Pioneer in reproductive genetics and molecular diagnostics, offering next-generation sequencing-based preimplantation genetic testing.

Suzhou, Jiangsu