Medical & Veterinary Instrument Manufacturing in China
Revenue for the Medical and Veterinary Instrument Manufacturing industry is expected to increase an annualized 5.8% over the five years through 2023, to $30.1 billion. Rising domestic demand, technological advancements, the development of new products, healthcare sector reforms and the development of China's social security system have all driven industry growth. Industry revenue is anticipated to increase 5.6% in 2023.
The Medical and Veterinary Instrument Manufacturing industry manufactures a range of medical instruments used for surgery in hospital emergency rooms, treatment rooms, doctors' offices and other medical facilities. These instruments can be used for operations, medical diagnosis, treatment and other purposes.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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