Medical device industry integration of the fittest profit growth decline
Jan 10, 2018
In terms of medical devices, profit growth has fallen and the industry is consolidating its fittest. Industry in the first quarter of the profit growth rate of only 5.31%, the year-on-year decline of 3.7%, the export situation is not clear, low barriers varieties competition is fierce, profitability has declined. Since 2012, the pace of industry integration has been accelerated and the concentration of subdivision areas has increased. The revised draft of the new regulations on the regulation of medical devices, released in March this year, has been implemented since June 1, encouraging innovation in general, stimulating the development of the enterprise, boosting the productivity of new products and accelerating the growth of the industry.