China’s Growing Medical Device Market

According to the export office http://export.gov managed by the Department of Commerce’s International Trade Administration www.trade.gov, China’s medical device market is ranked second largest in the world. This fact is driven by an increase in discretionary income and a population that is aging faster than any other nation’s population. The market growing at about 20 percent since 2009, is expected to maintain this pace over the next three to five years. (more…)