China's medical device industry grows at an average annual rate of 20%. The market size reaches 400 billion yuan.

"At present, China's medical device industry market is about 400 billion yuan, and it is increasing at a rate of 20% per year. It is a veritable sunrise industry." Fan Yubo, chairman of the China Biomedical Engineering Society, was on the 28th in 2012 World Medical Physics and Biomedicine. The engineering conference said.

The conference, entitled "Technology for Health", was held in Beijing from May 26th to 31st. Experts and scholars from biomedical engineering circles from more than 80 countries and regions, as well as researchers from medical device companies, were invited to attend.

“Here, we learn new knowledge, form new hypotheses, plan new experiments, develop new health care technologies, and build friendships,” said Dr. Herbert Eit, President of the International Federation of Medical and Biological Engineering.

Professor Fan Yubo said that at present, more than 70% of China's high-end medical devices are imported, and high-end knee joints and pacemakers are almost 100% dependent on imports. "With the efforts in recent years, the structure of China's medical equipment import and export is being optimized, and more and more mid-end products have joined the ranks of exporters."

At present, there are 15,000 medical device companies in China and more than 300,000 in marketing. "More and more universities in China have established this major. Because of the need to closely follow the frontiers of biology, chemistry, materials and other disciplines, professional talent training is an urgent task." Fan Yubo said.

Biomedical engineering is an emerging interdisciplinary subject that combines biology, medicine, engineering and other disciplines, and is a powerful driving force for the development of modern medicine. Biomedical engineering originated in Europe and America. In recent years, Asia, especially China, has rapidly emerged as an important force in this field.

“Only from the venue of the conference, it can be reflected that biomedical engineering is valued and improved in Asia in China,” said Dr. Barry Allen, President of the International Federation of Medical Physics and Medical Engineering.

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