Medical devices -an important market of injection molding industry in China

In recent years, China’s medical equipment market scale expands unceasingly, in 2011, China’s medical equipment market scale up to more than 120 billion yuan, rose to 242 billion yuan in 2012, in 2017 is expected to increase to 597 billion yuan. Medical equipment market in China is now in high-speed development period, will become the world’s third market after the United States and Japan.
The important instruments used in medical machinery involves medicine, electronics, machinery, powder metallurgy, plastics and other industries, is the collection digitalization and computerization, multidisciplinary, interdisciplinary modern high-tech technology products. By using medical equipment can provide testing, monitoring, treatment for body, regulate medical service and so on for patients, to provide important guarantee for clinical diagnosis, treatment, etc.
In recent years, along with the aging of the social structure, state of domestic medical system reform, to launch a variety of policies to improve national medical environment and conditions. Combined with people’s health consciousness gradually strengthened, measuring instrument like fat, blood pressure, blood glucose meter, physiotherapy meter medical devices have begun to gradually enter the family, a medical device industry is developing rapidly in China.

From a policy perspective, the state proposed to the 12th five-year plan “to 2015 beds of public medical institution and its services to achieve 200% of the total number of medical institutions”. And published in 2012, the health of China’s 2020 strategy research report and made clear that the next 8 years will launch relating to the amount of up to 400 billion yuan 7 big medical system major projects. There 109 billion yuan will be used in hospitals at the county level technical configuration. In this background, the public medical institutions and hospitals at the county level of medical equipment procurement demand will increase greatly, and will further drive the development of the domestic medical equipment
industry. 

The rapid development of medical equipment provides a strong power to powder injection molding industry. Medical device contains a large number of precision components and sensors, as people to the accuracy requirement of the medical instrument, the medical fittings such as precision parts and components and sensors have high requirements. Medical parts of powder injection molding have high precision, meet the most sophisticated medical equipment accessories need small, high density and complex shape, and high mechanical properties. Therefore the development of the medical equipment industry will pull the use of injection molding parts, in the future, medical apparatus and instruments will continue to be important market of our country’s injection molding industry.