China's medical device market is developing well in 2018, according to the Medical Device Research Institute's calculations, the size of China's medical device market in 2018 was about 530.4 billion yuan, up 19.86% year-on-year.From the point of view of the per capita cost of medical equipment, the current per capita cost of medical equipment in our country is only US$6, while the per capita cost of medical equipment in major developed countries is mostly above US$100, the industry prospects are promising.

The upstream and downstream of China's medical device industry chain are very fragmented, showing the characteristics of "many, small, scattered and chaotic", with the standardization of the industry, small non-standardized enterprises are difficult to cope with policy changes, bidding, tax reform and other new changes, industry concentration is expected to be enhanced, the degree of industry standardization gradually increases.

China is undergoing economic restructuring, medical devices are important policy support and development industry, medical system reform, primary care system construction and other favorable policies will bring huge market demand, demand upgrade and scientific and technological innovation and other forces will jointly promote China's medical device industry upgrade.