From 2004 to 2012, the compound growth rate of China's medical device industry reached 27%, far exceeding the global growth of 7% - 8%, and its share in the global market increased year by year; on the other hand, according to the data of the National Bureau of statistics, the income of China's medical device industry was 156.5 billion yuan in 2012, and the global market scale of medical devices accounted for 42% of the total pharmaceutical market in 2009 There is still a great prospect for the industry in the future.

The market demand is accelerating, and the overseas market is gradually stabilizing, which jointly promotes the high growth of the industry. The driving force of the market comes from: 1. The demand for the transformation of large-scale equipment in medical institutions and the incremental demand brought about by the increase of the number of primary medical treatment and the establishment of private medical institutions to enter the peak;

2、 Secondly, domestic medical devices with cost-effective advantages will be the great beneficiaries of the expansion of the industry. For the overseas market, the growth rate of industry income has increased from 7% to 12% in 2012, and the year-on-year growth rate of export delivery value in the first eight months of 2013 has reached 13.1%, showing a trend of gradual stabilization.

1、 Strong R & D and innovation ability. And the proportion of R & D investment has been maintained at about 10% over the years.