The market size exceeds 1.4 trillion yuan, and China's medical equipment is moving towards the high end.

The latest data released by the China Medical Equipment Association shows that by 2025, the market size of the medical equipment industry in China will reach 1.44 trillion yuan, an increase of about 7% year-on-year. During the "14th Five-Year Plan" period, the market size of China's medical equipment industry will steadily expand year by year, with an average annual growth rate of 9.9%, firmly ranking as the world's second largest market as a single country, and leading the world in patent applications.