SHANGHAI , May 26, 2022 /PRNewswire/ — “To China, Empower Your Shared Future” the 2nd CIIE Innovation Incubation Area – one of the most distinguished medtech trade show in China has been officially launched since March , 2022. On the China International Import Expo (CIIE) platform, CIIE Innovation Incubation Area in Medical Equipment&Healthcare Products Zone will offer medtech start-ups and enterprises around the world a sparkling spot of medtech innovation full of opportunities. BD Greater China , as one of the leading members in Advisory Council, along with other top MNCs in medtech industry are in full support of CIIE Innovation Incubation Area in Medical Equipment&Healthcare Products to fertilize future prosperity in China’s medtech innovation.
China’s medical device industry has entered a new phase of high-speed growth. According to recent data, China has developed into the second largest medical device market in the world , with the size up to 122bn USD and of the fastest growth rate with 20% CAGR. Meanwhile, China has carried out favorable policies accelerating innovative medical device products’ registration and launch especially under 5 categories , including diagnostic testing equipment, treatment, monitoring and life support equipment, implantable device, advanced pharmaceutical equipment, rehabilitation aid and equipment. A total of 125 Innovative Medical Device Products were approved for registration under fast channels.
On top of that, China International Import Expo (CIIE) provides a world-class influential platform appeals to global wide attention. In the past few years, CIIE on average attracted over 2,900 enterprises across 127 countries and regions annually, with a cumulative turnover of 70.72bn USD . In 2021, the Medical Equipment&Healthcare Products Zone was launched for the first time with outstanding outcomes, 29 medical innovative enterprises from USA , Germany , Switzerland , Korea, France , Italy , Israel and Singapore participating, with 16 cutting-edge products getting to the final round and 6 projects with contracts signed.
In 2022, the CIIE Medical Equipment&Healthcare Products Zone will continue to attract global participation with greater influence. Compared with last year’s success, in this year the CIIE Innovation Incubation Area will bring you into a sparkling spot of C-Level Advisory Council , members of which are mainly from leading MNCs and they will also inject professional advices into these innovative enterprises. Furthermore, the platform aims to advance an innovation eco-system, with favorable policies offer fast channels to accelerate registration and launch in China .
The 1st round of roadshow initiated from late March till now has already attracted world-class innovative projects from the US, Germany , Switzerland , Korea, etc. Firechats between innovators around the world and panel members fueled with sparkling ideas, high expectation for China’s fast-growing market, and great investment and substantial research & development fundings injected into the market in near future.
CIIE Innovation Incubation project is looking forward to participation f rom around the world and welcome to join CIIE MedTech Roadshow. The application for 2nd round roadshow opens NOW and do not hesitate to join .
Deadline for Submission of 2nd round Roadshow
June 25, 2022
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