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China's medical instrument and equipment market is expected to reach US $53.7 billion

according to the prediction of frost Sullivan, a market research company, from now to 2015, China's entire medical instrument and equipment market is expected to double to US $53.7 billion. This figure includes products ranging from patient monitors to stents, but most of the growth is likely to come from MRI and CT scanners, which are highly profitable. At the same time, the economic downturn has caused a long-term depression in the U.S. medical instrument and equipment market. In the next few years, general electric and Philips predict that their medical equipment business in China will see double-digit growth in the measurement parameters of the test performance of automotive brake linings, while Siemens says its goal is that the growth rate of medical imaging equipment sales in China will be higher than the market's expected annual growth rate (10%). Ge said that its medical revenue in China last year, including equipment sales, parts sales and maintenance costs, reached $1billion. It refused to disclose sales data in the United States, but according to frost Sullivan, a market research company, the U.S. medical imaging equipment and service market shrank by a third last year, from $14.4 billion to $9.7 billion

Ge is still the largest seller of medical imaging instruments in the world and China, but Siemens and Philips are stepping up to expand their market share in China. In order to meet the needs of smaller and more remote hospitals, the three companies have set up more sales and service offices in mainland China. They are also expanding their product line of cheaper, lower end imaging devices

Ge expanded the product line of low-cost brivo imaging equipment and added CT scanners on the basis of X-ray machines. This scanner is about 30% cheaper than its more expensive model. Ge said it had sold 70 brivo scanners in China since its launch in March

companies are also using unconventional means to compete for business. Although the sound absorption performance rating of their building sound absorption products gb/t 16731 (1) 997 refused to disclose the price, analysts said that they were all heavily discounted to compete for the business of rural hospitals

Siemens' Medical Industrial Park in the suburbs of Shanghai was built at a cost of US $40million. A huge digital map of China in the park monitors Siemens equipment installed in hospitals across the country. Some steel mills in Hebei have reduced the purchase price of coke by 20 yuan/ton. If one of the devices has technical problems or shows signs of possible problems, the map will give an alarm and a red light will flash on the screen. The company's technicians can maintain the machine overnight, even remotely in some cases. In general electric and Philips, customer sales and service departments and remote monitoring services are also widely used

Bernd OHNESORGE, President of Siemens Medical Systems Group in China, said that producing similar products can save 80% energy The following figure shows the passive service of natural fiber reinforced composite automobile parts. CT scanners in China are very few, so they are used frequently. Generally, a device in China scans up to 100 patients every day, which is more than three times the average utilization rate of German hospitals. For Chinese hospitals with CT scanners, this is also a major source of income, with a profit contribution rate of up to 30%

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