Market size of the medical device China 2018-2023

Published by
Wenyi Zhang,
Dec 1, 2023
In 2022, the market size of China's medical equipment exceeded 1,170 billion yuan, representing an increase of more than 200 billion yuan from the previous year. China's medical device market more than doubled since 2018, and is expected to grow to almost 1,300 billion yuan in 2023.

Size of the medical device market in China from 2018 to 2022 with an estimate for 2023 (in billion yuan)

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Release date

2023

Region

China

Survey time period

2018 to 2022

Supplementary notes

*Estimate.
One yuan is equal to about 0.14 U.S. dollars and 0.13 euros (as of November 2023).

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General overview

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Market segments

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Imports

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Exports

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