“The 9th Implantable & Interventional Medical Device Technology Summit 2019” (IIMT 2019) will be held on August 8-9 in Suzhou. This conference will focus on “Policy Regulations and Quality Supervision,Medical materials and innovative packaging, Production equipment and manufacturing process”. IIMT 2019 will bring you the lastest international and domestic information on new materials, new technologies and new processes in the field of Implantable & Interventional Medical Device.
As the Chinese people’s living standards and the awareness of medical care, the demand for medical device products is steadily on the increase. According to CFDA data, the Chinese medical device market in 2018 has continued its high growth trend in recent years. In 2011-2018, the average annual compound growth rate of China’s medical technology and device industry revenue is 20.7%, much higher than the global average annual compound growth rate of about 3%.
Among them, the development of high value-added implantable & interventional medical device market such as orthopedics and cardiovascular can not be ignored. In 2018, the market size of orthopedic implants in China was 47.5 billion RMB, in the 13.5% year-on-year growth. The market size of the heart stent was 37.5 billion RMB,in the 25.0% year-on-year growth.It can be seen that the market of implantable & interventional medical devices in China has shown a rapid growth trend.
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