The Status of the Medical Appliance Market

With the development of the economy and the growth of the population

, people concern more and more about the health. The market of medical appliance is expanding continually. The growth rate of the equipment market is higher than the economy.

The sales of this market can reach hundreds of billions of US dollars. America is still the biggest market, which has forty percent of ratio. The European Union becomes the second largest market, because the developed economy and the sound health care system. In Asia, Japan is the country which has the most advanced medical technology; Mainland of China and India have large potential, because they have large population, and their health care systems are developing; the south Asia countries also have the great space to improve their health care system. The health care system in Latin America also grows very fast. The countries there are developing towards the industrialization which must make the demand for medical appliance increase.

The medical appliance industry is concentrative. The sales ratio that taken by the top twenty five companies can reach sixty percent, while the other scatted companies only take forty percent. The development of the medical device is related to the economy and policy.

The top technologies of the medical appliance are acquired by the developed counties, such as America, Japan, Germany and Holland, while the developing countries, like China, India and Brazil, take the conventional medical as the focal point of development. The strength of the companies is increasing, so the gap of the performance will be small. The competition pattern will be formed in the future medical appliance market. With the development of signal processing technology, and the growing requirement of care, the demand for the medical appliance is increasing dramatically. The related integrated circuit is V53C104.

The Status of the Medical Appliance Market

By: Lixiaona

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