China’s Portable Medical Device Market Sees Rapid Growth

18 January 2010 (Last Updated January 18th, 2010 18:30)

The portable electro-medical device market has witnessed growth in China because of the government's medical reform, according to industry analysts. Respirators and electrocardiogram monitors that can be used in homes or in small community health service hospitals have experienced incre

The portable electro-medical device market has witnessed growth in China because of the government's medical reform, according to industry analysts.

Respirators and electrocardiogram monitors that can be used in homes or in small community health service hospitals have experienced increased demand, according to eetasia.com.

The compound annual growth rate of the portable electro-medical device market is expected to go up significantly, with rapid expansion from CNY8bn ($1.17bn) in 2006 to a predicted CNY28bn ($4.1bn) in 2011, the news service said.