Recently, the China Medical Device Industry Development Report Conference was held in Beijing. The conference released the "Medical Device Blue Book: China Medical Device Industry Development Report (2020)." Experts pointed out that my country's medical device foreign trade will continue to maintain a double-digit growth trend in 2020, and the annual foreign trade volume is expected to exceed 60 billion U.S. dollars.
According to reports, the "Blue Book of Medical Devices" is published by the Social Science Literature Publishing House and has been published 4 consecutive issues since 2017. The 2020 edition is divided into 7 parts: general report, policy, industry, market, region, practice and hotspot. It reports on my country's medical device supervision, regulation and policy adjustment, review and approval system reform progress, and market changes. Situation and so on. Editor-in-chief Wang Baoting introduced that in 2019, the number of manufacturing and operating companies in my country's medical device industry has increased, and the import and export trade of medical devices has maintained a growth momentum for 11 consecutive years; the total R&D investment of 65 A-share listed medical device companies has accounted for the same year's business 7.41% of revenue is gradually approaching the R&D investment level of multinational medical device companies.
The conference was hosted by the China Society for Drug Administration.