In recent years, the global medical device market has continued to expand, and the Chinese medical device market has also shown a strong growth trend. According to data analysis by Frost & Sullivan, the current global medical device market is dominated by the United States, with China's market size increasing year by year in recent years and having risen to become the world's second-largest market.
The R&D and innovation capabilities of Chinese medical devices have steadily improved, and the number of innovative medical devices approved for marketing by the National Medical Products Administration (NMPA) has been increasing year by year. These factors together have driven Chinese medical device companies to expand into overseas markets in search of broader growth opportunities. Compared with the domestic market, foreign markets not only offer vast space but also have tremendous potential for growth in niche markets. Chinese medical device products are highly competitive due to their cost-effectiveness, innovation, and brand strength upgrades, and going global has become an inevitable trend for China's medical device industry.
Frost & Sullivan, which focuses on industry development trends, is preparing to write the 'Blue Book on the Current Situation and Trends of Chinese Medical Devices Going Global in 2025'. The aim is to conduct an in-depth analysis of the current situation and challenges of Chinese medical devices going global, provide a multi-dimensional and comprehensive description of the types of devices going global, regions and challenges, as well as strategies, track hotspots for Chinese medical device exports, and provide reference for Chinese medical device enterprises.
The Life Sciences Practice of Frost & Sullivan cordially invites Chinese medical device companies to participate in the Blue Book, to jointly discuss the development direction and prospects of China's medical device overseas market, and to promote the healthy development of the industrial ecosystem.
The Life Sciences Division of Frost & Sullivan will officially release the 'Blue Book on the Current Situation and Trends of Chinese Medical Devices Going Global in 2025' in April 2025. We look forward to the cooperation and support of relevant enterprises. At the same time, the English version will also be launched on the Frost & Sullivan global official website in May 2025. In addition, we will establish deep collaborations with top global communication agencies (such as The Associated Press), mainstream financial media (such as Yahoo Finance), top North American financial media and websites (such as Business Insider, Dow Jones MarketWatch, Benzinga, Wall Street Insider), and top regional media around the world. With the professional industry analysis of Frost & Sullivan, its global distribution network, and industrial resource network, we will effectively assist Chinese medical device enterprises in their internationalization strategy.
Research content
1. Overview of the current situation of China's medical device industry, analysis of internal and external driving factors for Chinese medical devices to go global; review of the journey of Chinese medical devices going global, analysis of characteristics, scale, and representative events during different periods;
2. Starting from sub-sectors such as medical equipment, high-value consumables, and in vitro diagnostics (IVD), this analysis delves into the overseas expansion background, current situation, product types, methods, and case studies of each sub-sector, presenting the current status and trends of China's medical device overseas expansion in specific sub-sectors;
3. Select representative developed and emerging markets for in-depth analysis, including their macroeconomic indicators, general overview of healthcare systems, medical device regulatory access systems, basic patient conditions, the main models and cases of Chinese medical device companies entering these markets, the main challenges and opportunities that Chinese medical device companies may face, etc.;
4. Analyze the main strategies for Chinese medical devices going global, and explain the applicability and advantages and disadvantages of various strategies through case study analysis;
5. Present the cooperative enterprise's philosophy and differentiated competitive advantages, as well as its overseas development strategies within the industry, overseas layout, and practical achievements and experiences.
Participation value
1. The 'Blue Book on the Current Situation and Trends of Chinese Medical Devices Going Global in 2025' will be released in both Chinese and English on the official Frost & Sullivan account, industry-specific vertical media accounts, and major global financial media platforms. It aims to showcase the differentiated advantages of enterprises and enhance their exposure in the capital market. The release in major global financial media in both Chinese and English can further improve the global recognition and influence of enterprises in the industry, contributing to the internationalization process of Chinese medical device companies.
2. Cover hundreds of millions of customers, seamlessly integrating media, funds, banking, and brokerage communication channels through one platform. With over 5,000 high-quality media resources, effective deployment and promotion strategies can be carried out with precise placement.
3. Based on a mature industry analysis model, covering the core elements of market analysis, presenting a comprehensive and in-depth understanding of the industry, disseminating new concepts, and jointly exploring ways to enhance value with medical device enterprises;
4. Share industry insights, showcase business operations and deepen corporate image through online or offline activities such as roundtable discussions, themed salons and video live broadcasts in related fields organized by Frost & Sullivan.
