The Analysis of Patient Monitor Industry

A medical monitor is a medical device used for monitoring the physiological parameters of patients and status in patients before and after operation. With the steady growth of China's market of medical apparatus and instruments, application of medical monitors is changed from mainly monitoring critically ill patients in the past to ordinary patients and grassroots medical institutions. Market development has made monitors one of the growing and urgently needed equipment in the clinic.

The number of enterprises on medical diagnosis, medical monitor and treatment equipment manufacturing in China from 2011 to 2015

Output-value chart of industries on medical diagnosis, medical monitor and treatment equipment manufacturing in China from 2011 to 2015

Statistics on supply-demand balance of products on medical diagnosis, medical monitor and treatment equipment in China from 2011 to 2015

According to the above tables, we can see that the scale of medical diagnosis and monitor market is increasing steadily, and the number of domestic medical monitor enterprises is increasing year by year. The output value of monitor manufacturing industry is also improving and the import and export market is expanding. Both the export of medical monitors as well as market size in China has increased from 8.028 billion yuan in 2011 to 10.057 billion yuan in 2015.

China has a large population base and its proportion of aging is increasing, together with the growing living standard and consumption capacity. These factors have made domestic and overseas monitor manufacturers be optimistic about Chinese market. Over the years, monitor enterprises in China have abandoned the business pattern of simple assembly production, achieved technical progress and enhanced their competitiveness. Also, with superiority in price and localization, they compete with foreign brands in the high-end market.

Classification is becoming increasingly specific as medical industry develops and monitors are widely used. There are plug-in monitors and telemetry monitors classified by structure, and special monitors like emergency transport monitor and cardiovascular monitor classified by performance. Monitors have good growth prospects and the performance is being perfected. Due to the progress of the market, competition in conventional markets is getting more intense. In order to occupy the conventional product market, domestic enterprises have higher requirements for the quality and output of monitors. Although national drug inspection authorities have strict control over medical devices and most enterprises follow the rules, they still cannot guarantee that some enterprises may take a risk for huge profits. Clearly, it’s fundamental to choose a good medical enterprise.

The following medical monitors are of excellent performance and gain much popularity in the market. Your enquiry is welcome.

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