Operating Room Equipment Market Analysis, Size, Trends | China | 2019-2025 | MedSuite (Includes 13 Reports)
- Year: 2019
- Scope: 2015-2025
- Region: China
- Pages: 465
- Published Date: 11/2/2018
- Type: MedSuite
The Chinese market is still undergoing frequent and drastic changes in terms of regulations, shaped by efforts to contain the growing healthcare budget and increase market transparency. Specifically, in some markets, the prices are being directly reduced by the government. For example, it was announced that pricing for surgical devices is aimed to be reduced by 15% to 25%. Furthermore, the Chinese healthcare tender system is also directly controlled by the government, and changes every two to four years. Therefore, if the Chinese government suddenly decides to give more tenders to a local low-cost producer, then the ASP of the entire market segment will decline accordingly.
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