Ultrasound equipment will become the main driving force of China's medical imaging market

In recent years, with the rising incidence of cancer worldwide and the increasing demand for imaging diagnosis and treatment, the medical imaging equipment market has continued to expand. According to statistics, in the next five years, medical imaging equipment will maintain a certain growth rate, among which ultrasound equipment will grow the fastest, with an average annual growth rate of 7.2%; followed by the breast X-ray detection equipment market, which will grow at an average annual rate of 6.9%; the MRI equipment market will grow at an average annual rate of 6.1%; the CT system market will grow at an average annual rate of 5.4% in the next five years; and the X-ray system market will grow at an average annual rate of 4.7%. From the growth rate of global imaging equipment, due to the saturation of market demand in some developed countries, the market growth in some segments has become smooth. The fundamental reason is that innovative technologies in some fields have stagnated, resulting in a slow market development. However, in some developing countries, medical imaging equipment still has a large market demand, such as India, Brazil and China.

As the Chinese government firmly promotes the new medical reform, China's medical electronics market has developed into the most active stage in the world. According to data provided by isuppli, in 2010, the total market value of China's medical electronics reached 5.791 billion US dollars, a 44% increase over 2009. It is expected that in 2011, the total market value of China's medical electronics will reach 7.22 billion US dollars, a 25% increase over 2010. It is expected that in 2013, the total market value of China's medical electronics will exceed the 10 billion US dollar mark, reaching 10.056 billion US dollars. Medical imaging equipment occupies the largest market share in China's medical electronics market. According to statistics, the market size of China's medical imaging equipment in 2010 reached 1.72 billion US dollars, a 55% increase over 2009, and the market size is expected to reach 2.32 billion US dollars in 2011.

At present, the annual purchase amount of medical imaging equipment by large general hospitals in China accounts for about 5% of the hospital's annual revenue. Among them, ultrasound and ordinary X-ray are necessary infrastructure, and CT has gradually become a necessary equipment for hospitals above the second level. With the continuous advancement of the new medical reform, a large number of township health centers and hospitals in remote areas will complete the purchase or upgrade of ultrasound diagnostic equipment with the support of the government. A large amount of growth momentum in the medical imaging equipment market will come from these small and medium-sized medical institutions. Due to the low cost of ultrasound equipment, it is more in line with the purchasing power of small and medium-sized medical institutions. Ultrasound equipment will become the biggest growth momentum in medical imaging equipment. It is predicted that ultrasound diagnostic equipment will grow at an annual compound growth rate of about 10%, and the market share will exceed US$1 billion within 3 years. In addition, portable ultrasound equipment has attracted attention in the industry. At present, some companies have produced B-ultrasound equipment that can be carried like a stethoscope. This portable medical imaging equipment can greatly improve the efficiency of clinical diagnosis and treatment.

For the Chinese industry, the entry threshold of medical imaging technology is still relatively high. China's high-end medical market is mostly occupied by foreign brands. However, there are also excellent local companies such as Mindray and Landwind that are gradually growing in this field. As a professional technical seminar focusing on the field of medical electronic design and technology, the China International Medical Electronics Technology Conference (CMET2011) closely follows the hot applications of the Chinese medical electronics market and invites TI, ADI, Actel, Xilinx, Freescale, Microsoft, Murata, Suntech, Landwind, Likon, Carestream, and many industry experts to share with the audience the solutions and market trends of the most popular medical electronic products in 2011. The registered audience includes electronic engineers and managers from domestic and foreign terminal manufacturers such as Mindray, Jinkewei, Libang, Biolight, Yuyue, Siemens, Roche, and GE.