1、Feb 2024Insights into Chinese Medical Device Companies Going Global Insights into Chinese Medical Device Companies Going Global-Popular Target Markets Overview and Key Success FactorsPopular Target Markets Overview and Key Success Factors2 2024.For information,contact Deloitte China.IntroductionChin
2、ese medical device companies are facing many challenges in the domestic market,such as severe homogeneous competition in low-value consumables and weak R&D capabilities in imaging diagnostic instruments.Meanwhile,the growth potential of overseas medical device markets remains promising resulted by f
3、actors such as large incremental segmented markets,and price-advantage of Chinese medical devices products in comparison to the oversea products due to higher overall pricing environment in the global markets.Therefore,the globalization of Chinese medical device companies is imperative.To enable Chi
4、nese medical device companies to select the appropriate target market,grow steadily in the target market,and showcase the competitiveness of made-in-China products,Deloitte China Life Sciences team selected seven popular target markets in the global medical device industry,including the United State
5、s,Germany,France,the United Kingdom,Brazil,Malaysia,and Singapore.Deloitte China has collaborated with Deloittes Life Sciences teams from the regional offices for several months to complete the report Insight into Chinese Medical Device Companies Going Global Popular Target Markets Overview and Key
6、Success Factors.The report presents in-depth research on the macroeconomy,healthcare system,market overview,regulatory system and other elements of the suggested target markets,demonstrates the characteristics of each market,analyzes the main models of Chinese medical device companies entry into var