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The export trend of China''s medical device industry in 2024

 China's medical device industry exports show a steady growth momentum in 2024. This not only reflects the continued rise in demand for Chinese-made medical devices in the international market, but also reflects the unremitting efforts of domestic enterprises in improving product quality and technical level.

 
 
China's medical device exports are mainly concentrated in low-value medical consumables and basic medical equipment, and the export share of high value-added products is relatively small. However, with technological progress and industrial upgrading, more and more high-end medical devices have begun to enter the international market, marking that Chinese manufacturers are gradually moving up the value chain.
 
 
Notably, in the first half of 2024, exports to the US increased by 4.62%, indicating that medical cooperation between China and the US remained stable even in the context of global economic uncertainties and trade frictions.
 
 
Increasing global health awareness and increasing demand for medical services in various countries have brought new opportunities for the development of the industry. Enterprises should seize these opportunities to enhance their competitiveness through technological innovation and service optimization. With the deepening of the application of new technologies such as artificial intelligence and big data, the research and development and promotion of new intelligent medical equipment will greatly promote the internationalization process of Chinese medical device enterprises.
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