Medical & Healthcare

Global Medical Aesthetic Treatment Market

Overview Medical aesthetic treatment is a general term referring to treatments that focus on the improvement of cosmetic appearance of individuals through treating medical and physical conditions, such as scars, skin laxity, wrinkles, moles, excess fat, cellulite, unwanted hair and skin discoloration. According to the Medical Insight Report, the total global consumer expenditure for medical aesthetic treatments was US$25.9 billion in 2016, and is expected to increase to US$34.1 billion in 2021, representing a CAGR of 5.7%. Medical aesthetic treatments can be carried out by way of (i) non-invasive and…

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Medical & Healthcare

Analysis on Blood Product Industry in China

China’s blood product industry demonstrated a good prospect in 2016. The National Institute for Control of Pharmaceutical Biological Products inspected more than 4000 lots of blood products in total, equivalent to approximately 59 million bottles, which exhibited an upward trend. The present Chinese market is dominated by domestic products, with imported products occupying less than 5% of market shares. The lack of raw materials has an impact on the blood products. In particular, the demand volume of human serum albumin is 50% higher than the supply volume, contributing to a…

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Food & Beverage Medical & Healthcare

Analysis on China Porcine Reproductive and Respiratory Syndrome (PRRS) Vaccine Market

In 2016, the PRRS positive rate was high in China: Henan had the highest positive rate hitting 70% and was followed by Hunan and Hubei, 66% and 65% respectively. Guangdong had the lowest rate nearly 50%. The PRRS was popular throughout China and this detection covered many areas in East China and South China. Large-scale farms are sensitive and active in epidemic prevention due to high stocking density and fast epidemic spreading. They become the major demand sides in the PRRS market since they concern the effect and are not…

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Medical & Healthcare

Analysis on In-vitro Diagnostic (IVD) Reagent Industry in China, 2017

Global sales volume of medical technology (including medical apparatus and instruments, diagnostic products) will reach USD 440 billion with a growth rate of 4.4% by 2018. IVD industry holds the largest market share among all subdivided industries. It is estimated that the market share of IVD industry will reach USD 54.5 billion, accounting for 12.4% of the whole market. China’s IVD market will grow 10% in 5 years and its size will exceed USD 10 billion. However, imported instruments and reagents account for over 50% of domestic IVD market. As…

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Medical & Healthcare

Analysis of Status Quo and Driving Forces in China Health Industry

China’s health industry enjoys continuously fast growth. The scale of the industry grew by CAGR of 16.03% from 2011 to 2014, reaching CNY 2.5 trillion in 2014. Specific examination of the growth of sub-industries of pharmaceuticals, medical devices, healthcare products and medical cosmetics are as follows: The CAGR of the pharmaceutical industry was 19% (2010-2014); that of the medical device industry was 30.50% (2010-2014); that of the healthcare industry was 30.40% (2010-2014); that of medical cosmetics was 16.58% (2010-2014). The rapid growth of the health industry is driven by three…

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