The 2024 Chinese medical equipment market has reached 1.35 trillion yuan, a year-on-year growth of about 6% , our reporter learned from the 2025 China Medical Equipment Conference held recently. With the national large-scale equipment replacement policy and many other positive effects continue to enlarge, the overall market situation in the fourth quarter of last year rebounded and accelerated in the first quarter of this year. This conference is organized by China Medical Equipment Association, with the theme of“Scientific and technological empowerment, industrial innovation”, focusing on scientific and technological innovation, industrial development, and clinical application, building a platform for in-depth communication and collaboration among industry, university, research and application.
The conference was the first to release the“China Medical Equipment Development Index” compiled by the China Medical Equipment Association. The 2024 Industry Development Index was 155.3, up 3.3 percent year-on-year and 55.3 percent from 2019, the data showed. In recent years, China’s medical equipment industry has made remarkable achievements driven by policy, market and technology, the compilation of“Index” aims to comprehensively evaluate the development level of the industry, judge the future development trend of the industry, and promote the sustained and high-quality development of the industry.
In recent years, the policy support of medical equipment in our country has been increased, the market scale has continued to grow, and the medical equipment enterprises have accelerated the key core technology research, and basically realized the independent control of high-end medical equipment. At present, our country has formed a product system of 22 categories and more than 1100 categories, which is one of the countries with the most complete product categories and varieties in the world.