China's Medical Equipment Market Sizzles

NO RATINGS
View comments: newest first | oldest first | threaded
Page 1 of 3   Next >   Last >>
mfbertozzi
User Rank
Supply Network Guru
Re: China's medicine - Time to market
mfbertozzi   11/20/2012 2:48:12 AM
NO RATINGS

@Jacob: well, thanks for the post, it is a good topic to discuss and honestly, I have forgotten to mention it; in fact, we have assisted till a recent past to a sort of attitude in copying products, but I would like to be positive in the future. After all, I think the medical sector could act as another chance for bringing on the market some innovations, without any "duplication". Who knows?

Jacob
User Rank
Supply Network Guru
Re: China's medicine - Time to market
Jacob   11/19/2012 11:40:17 PM
NO RATINGS
1 saves

"In case we are speaking about a quite long timeframe for doing that, maybe Chinese medical equipment can lose a competitive position within the market." Mfbertozzi, would you think Chinese people's will spent time and money to come up with some new technology or products. I don't think so because they are expertise in duplicating/copying technologies. Once while visiting China my my technical expert from China told me that "I can get a duplicate of anything and everything from China, except parents '

Jacob
User Rank
Supply Network Guru
Re: Equipment manufacturing in China
Jacob   11/19/2012 11:33:28 PM
NO RATINGS
1 saves

Anna, no wonder that initially they will accept technology/product with warm heart and then they will start duplicating it. Recently I had read some allegations from Volkswagen that their Chinese counterpart had copies/duplicated some technology from them and introduced a new car with the same technology. It can happen to medical equipments too.

mfbertozzi
User Rank
Supply Network Guru
China's medicine - Time to market
mfbertozzi   11/19/2012 3:02:18 AM
NO RATINGS

@Anna: well, speaking for myself, this is another fascinating topic to share; possible concerns about the different Eeastern or Western approach to healthcare could be approached as you have pointed out; an additional piece of the puzzle, in my opinion, is about how long process for collecting needs for a giving market will take before producing that finalized equipment; in case we are speaking about a quite long timeframe for doing that, maybe Chinese medical equipment can lose a competitive position within the market. Is only my individual opinion?

Anna young
User Rank
Blogger
Re: China's Medical Equip. Market Sizzles
Anna young   11/15/2012 7:08:10 AM
NO RATINGS

They will have to smuggle the counterfeit medical equipment into the US and the EU to sell them and also patronize dubious healthcare practitioners. It's tough enough getting medical equipment certified by regulators in the US, try having them even manufactured overseas as contract manufacturers have discovered. The hurdles run in the hundreds.

Anna young
User Rank
Blogger
Re: China's unique medicine
Anna young   11/15/2012 7:05:50 AM
NO RATINGS

Barbara good point. I think despite the alternative medicine, electronic medical equipment is good thing for China. Undoubtedly, the medical equipment will be tailored to local market's condition that is incorporating various forms of alternative health care provisions.

Anna young
User Rank
Blogger
Re: China only needs to buy one
Anna young   11/14/2012 10:16:18 PM
NO RATINGS

Daryl, I share your concern. IP infringement is a significant issue in China. International companies are bound to contend with tough competition from locally manufactured counterfeit devices. However for now, the government's action is helping to move electronics medical equipment industry forward.

Anna young
User Rank
Blogger
Re: China's growth in medical
Anna young   11/14/2012 9:56:22 PM
NO RATINGS

 Hi Ariella, No I have not come across a census of that sort. I will be glad to read one if any of EBN readers have. The researches mainly focus on the increase in ageing population and the need for medical equipment to cope with various medical demands.

garyk
User Rank
Inventory Controller
China's Medical Equip. Market Sizzles
garyk   11/14/2012 4:39:20 PM
NO RATINGS

Anna, McKinsey sees some concerns!!!!!! What about counterfeit Medical Equipment. Taking over all the manufacturing in the world. Question, is China the only country that can make manufacturing equipment? Is China the only country that manufacture product? Why is the USA starting manufacturing operation only in China? Are GE Healthcare and Philips USA company's?

 

Barbara Jorgensen
User Rank
Blogger
China's unique medicine
Barbara Jorgensen   11/14/2012 4:13:41 PM
NO RATINGS

Anna: for awhile, I kept wondering how the Chinese health system differs so much from ours that demand for medical electronics wouldn't skyrocket. Then the term "alternative medicine" penetrated my foggy brain. Of course there is a risk that OEMs might not thrive in a market that incorporates acupuncture, herbs and spiritual beliefs into its healthcare. That moves the debate beyond "should we build equipment for this market" to "is there demand for this equipment?" Great blog, well done -- I learned something new today!

Page 1 of 3   Next >   Last >>


More Blogs from Anna Young
The new government rules and regulations may prove to be a double-edged sword: achieving some positive goals but costing organizations a great amount of money and work and, perhaps, lost sales as well.
Global spending on technology products is forecast to keep rising this year. Then there are the cannibals.
The smart meter promises accuracy, early conflict resolution, and cost savings. Aren't these the same goals we want in the manufacturing supply chain?
Tablet shipments are surging while PC sales are falling. For vendors, the battle for survival and dominance has only just started.
Semiconductor inventories rose strongly in the third quarter of 2012, and further increases could trigger a write-down by suppliers in 2013.

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
Latest Poll
EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!
Archived Dialogues
Live Chat 4/3: Business Networks Emerge as Procurement's Future
Rachel Spasser, SVP and CMO at Ariba, discusses the key elements of a strong business community.
Live Chat 3/27: Finding the Procurement and Technology Sweet Spot
Increasingly, choosing the right software and technology tools is critical to empowering procurement to realize strategic advantages.
The Velocity Report Archive
Click here to see our newsletter archive.
EBN Newswire
THIEF RIVER FALLS, MN   4/15/2014
Digi-Key Debuts Innovative Mobile App for Freescale
SANTA MONICA, CA   4/9/2014
Master Electronics Acquires Electro Sonic
Twitter Feed
EBN Online Twitter Feed