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2011 Medical Device Exports Continue to Grow
    Pubtime: 2012-04-23

China witnessed a growth in medical device import & export trade in 2011. On February 7, 2012, the latest statistics of China Chamber of Commerce for Import & Export of Medicines & Health Products showed that: in 2011, China's medical device imports and exports totaled $ 26.598 billion, an increase of 54.43% over the previous year. Exports amounted to $ 15.711 billion, an increase of 53.62%; imports amounted to $ 10.887 billion, an increase of 55.62%.
In 2011, China's exports of medical devices substantially increased, the exports of five products categories increased by more than 40%, which encompass: diagnostic and treatment devices, health care and rehabilitation products, disposable consumables, medical dressings and dental equipment and materials. Among them, the exports of diagnostic and treatment equipment ranked first with $ 6.75 billion, accounting for 42.96% of 2011 China's total exports of medical devices (see Table 1, 2).
Major areas of the 2011 exports of medical devices were still in Asia, Europe and North America, whose share of total exports were 31.1%, 28.3% and 26.74%, respectively. China has exported medical device products to 219 countries and regions, and the exports of the top ten countries and regions amounted to $ 9.57 billion, accounting for 60.91% of the total exports. The exports to the top three traditional export markets in the United States, Japan and Germany grow steadily, in addition, the exports to the emerging markets such as Russia, India and the Philippines also grow significantly with year on year growth of 74.16%, 69.51% and 122.96% respectively(see Table 3).

Table 1. Product structure of China's 2011 exports of medical devices

Order

Product Name

Exports (100 million U.S. dollars)

Exports growth year on year (%)

Proportion of exports (%)

1 A

Diagnosis & treatment equipment

67.5

48.97

42.96

2 2

Health Care and Rehabilitation Products

33.84

40.05

21.54

3 3

Disposable consumables

26.59

50.31

16.93

4 4

Medical Dressings

24.62

101.56

15.67

5 5

Dental Equipment and Materials

4.35

57.6

2.9

Total

157.11

53.62

100

Table 2. China's 2011 exports of specific products of medical devices

Order

Product Name

Customs Code

Exports (100 million U.S. dollars)

Exports growth year on year (%)

Proportion of exports (%)

1

Cotton wool, gauze, bandages

3005901000

8.69

36

5.7

2

Catheter, intubation products

9018390000

7.76

24.82

4.94

3

Syringes

9018310000

4.05

21.96

2.58

4

Color ultrasound diagnostic apparatus

9018129100

3.65

33.42

2.32

5

Blood pressure measuring instruments and apparatus

9018902000

3.31

-20.63

2.11

6

X-ray tomography apparatus

9022120000

3.27

21.62

2.08

7

Patient monitors

9018193000

3.01

14.5

1.92

8

Non-mechanical driven vehicles for the disabled

8713100000

2.99

22.29

1.91

9

Hearing aids

9021400000

2.91

19.2

1.85

10

X-ray contrast agent

3006300000

2.78

-2.71

1.77

Table 3. 2011 top ten markets of China's exports of medical devices

Order

Countries and regions

Exports (100 million U.S. dollars)

Exports growth year on year (%)

Proportion of exports (%)

1

United States

39.97

46.64

25.44

2

Japan

14.69

36.03

9.35

3

Germany

10.46

72.53

6.66

4

Hong Kong, China

7.3

42.1

4.64

5

Britain

5.23

43.29

3.33

6

Netherlands

4

41.75

2.55

7

Russia

3.85

74.16

2.45

8

France

3.66

66.98

2.33

9

Australia

3.29

68.8

2.09

10

India

3.25

69.51

2.07

Total

95.7

60.91

(Source: Chinese Pharmaceutical News 2012-02-15)


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