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Durable Medical Equipment Report - China Published on May 2014
Report Summary The durable medical equipment industry covers a wide range of equipment, and is a fragmented market with a wide range of manufacturers and suppliers. In this report, we focus on four product segments: hospital furniture (beds, tables, chairs, benches and storage), operating room equipment (tables and lights), patient examination equipment (stethoscopes and thermometers) and mobility aids (wheelchairs, stretchers, trolleys). The characteristics of each segment differ according to a myriad of factors, such as product purchasing patterns, product lifespans, or rate of technological advancements. Overall, the durable medical equipment market in China is estimated to be worth more than USD 785 million, and is currently dominated by the hospital furniture segment. The product areas that are expected to have the highest growth are wheelchairs, hospital beds and operating room lights. Evolving demographics and ongoing government reform continually change the healthcare landscape in China. Increasing government and private investment in healthcare and improvements in infrastructure are among the factors driving the growth of the durable medical equipment market. The total healthcare expenditure in China is expected to grow at a compound annual growth rate of more than 14.5% to exceed USD 900 billion by 2017. In particular, there is likely to be a growth in private healthcare provision, which is expected to drive the demand for durable medical equipment. This report provides a further breakdown of the market sizes, highlights the market potential of each product type in China, and profiles the top multinational and domestic players in this market.
Table of Content 1. INTRODUCTION 1.1 Report description 1.2 Research methodology 1.3 About the author 1.4 Caveats and limitations 2. EXECUTIVE SUMMARY 3. DEFINITIONS 3.1 Durable hospital equipment 3.2 Hospital furniture 3.2.1 Ward beds 3.2.2 Tables & chairs 3.2.3 Storage 3.3 Operating Room Equipment 3.3.1 Operating room tables
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>> Get this Report Now by email! 3.3.2 Surgical lighting 3.4 Patient Examination Devices 3.4.1 Stethoscopes 3.4.2 Thermometers 3.5 Mobility Aids 3.5.1 Wheelchairs 3.5.2 Stretchers 4. MARKET LANDSCAPE 4.1 Overview of healthcare infrastructure in China 4.2 Top line procedure volumes and growth, by key specialist areas 4.3 Regulatory framework 4.4 Purchase process Exhibit 4-1: Population and number of hospitals per province (2011) Exhibit 4-2: Number of Hospitals, Segmented by Hospital Class and City Tier Exhibit 4-3: China, Overall Surgical Procedure Volume by Type, Combined Procedures Volumes Forecast, 2010-2016F Exhibit 4-4: Medical device classification 5. DURABLE HOSPITAL EQUIPMENT MARKET SIZE AND GROWTH 5.1 Overall durable hospital equipment market size and growth 5.2 Deep dive of hospital furniture 5.3 Deep dive of operating room equipment 5.4 Deep dive of patient examination devices 5.5 Deep dive of mobility aids & transportation equipment Exhibit 5-1: Durable hospital equipment market size, USD millions (2013-2018F) Exhibit 5-2: Hospital furniture market size, USD millions (2013-2018F) Exhibit 5-3: Market Share - Hospital furniture (2013) Exhibit 5-4: Operating room equipment market size, USD millions (2013-2018F) Exhibit 5-5: Market Share - Operating room equipment (2013) Exhibit 5-6: Patient examination devices market size, USD millions (2013-2018F) Exhibit 5-7: Market share - Patient examination (2013) Exhibit 5-8: Mobility aids market size, USD millions (2013-2018F) Exhibit 5-9: Market Share - Mobility aids (2013) 6. GROWTH DRIVERS AND MODERATORS 6.1 Market drivers 6.1.1 Rising investments in healthcare by government and private sector 6.1.2 Improving healthcare infrastructure 6.1.3 Increasing affluence and access to healthcare 6.1.4 Population demographics, changing lifestyles and evolving disease trends 6.1.5 Technological advancements 6.2 Market barriers 6.2.1 Price competitive local suppliers
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>> Get this Report Now by email! 6.2.2 Complex regulatory landscape 6.2.3 Gap in access to healthcare Exhibit 6-1: Number of hospitals and hospital beds by hospital classifications (2007-2012) Exhibit 6-2: Healthcare infrastructure and expenditure per capita, by city Exhibit 6-3: Patient volumes by hospital classification (2007-2012) 7. COMPANY PROFILES - MULTINATIONAL COMPANIES 7.1 MAQUET 7.2 Stryker Corporation 7.3 BERCHTOLD 7.4 Paramount Bed 7.5 3M Health Care 7.6 Invacare Corporation 8. COMPANY PROFILES - LOCAL COMPANIES 8.1 Yuyue Medical 8.2 Yuda Medical Equipment 8.3 Yibang Medical Devices 8.4 Shi Ye Enterprise 8.5 Mindray 8.6 Dong-E E-Jiao E-Hua Medical Equipment 8.7 AURORA 8.8 ONLEAD Furniture 8.9 New Fellow Medical Equipment 8.10 Ruixin Medical Devices 9. APPENDIX a. Abbreviations
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