The market scale of medical consumables in China is growing
In recent years, the continuous investment of national medical and health, the improvement of residents' ability to pay and the trend of aging population have intensified, which has greatly promoted the development of medical consumables industry. In addition, with the gradual progress of unified basic medical insurance system for urban and rural residents, the coverage and level of medical security system will be steadily improved, thus driving the demand for medical services and further releasing the growth potential of medical consumables products demand.
Benefiting from the improvement of people's living standards and the growth of medical demand in China, medical consumables have been widely used, and the market scale continues to maintain rapid growth. From 53.5 billion yuan in 2017 to more than 90 billion yuan in 2020, a year-on-year increase of 19.59%.
At the same time, in terms of export, the export volume of medical consumables increased steadily. With the increase of various demands, the new momentum of foreign trade development will accelerate the accumulation. As one of the main products of China's medical device export, the export volume of medical consumables will maintain a steady increase.
