The medical device market and its industrial evolution in China

Zhang, Weifan (2016) The medical device market and its industrial evolution in China. Doctoral thesis (PhD), University of Sussex.

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Abstract

China has attracted increasing amounts of foreign investment since it opened its doors to
the world and whilst many researchers have focused on foreign investment in popular
areas, little has been written about medical device market. The medical device market is
one of the most profitable areas in the global economy. With the development of China’s
economy, the Chinese medical device market is experiencing significant growth, and has
become the second largest market in the world.

The research in this thesis extracted foreign direct investment theory and summarized the
current situation of the global medical device market and the Chinese medical device
market. Analysis of the status of the Chinese medical device market from the perspective
of the healthcare industry and its important market drivers, reveals that the medical device
market has significant growth potential.

The research methods such as: regression analysis; location quotient, which revealed the
Chinese medical device market status, provides suggestions for investors who are
interested in entering the Chinese market. Investors or companies who want to enter the
Chinese market need to understand the regulatory environment, comparison of the
medical device regulations with the US and EU regulations provide investors with a clear
understanding of the Chinese medical device regulatory regime.

The research in this thesis contributes to medical device market investment and regional
economy in medical device industry, and make a clear statement of the changing medical
device regulations in China, which came into force on 2014. The contribution of this
thesis, bridges the research gap between investment theory and medical device market
development.

Item Type: Thesis (Doctoral)
Schools and Departments: School of Engineering and Informatics > Engineering and Design
Subjects: R Medicine > R Medicine (General) > R855 Medical technology
R Medicine > R Medicine (General) > R858 Computer applications to medicine. Medical informatics
Depositing User: Library Cataloguing
Date Deposited: 15 Dec 2016 09:22
Last Modified: 15 Dec 2016 09:22
URI: http://srodev.sussex.ac.uk/id/eprint/65893

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