Souce: www.epa1973.com
In 2015, “Technology Roadmap of Major Sectors of Made in China 2025” listed biomedicine and high-performance medical devices as priorities in advanced manufacturing in the medical field. “Medical Devices Supervision and Management Regulations” issued in 2014 also expressly stated that the government would encourage the research and innovation in medical devices, push the promotion and application of new technologies in medical devices, and drive the development of the medical device industry.
These medical industry policies have not only posed industry standardization requirements for participants in medical industry but also presented the upstream suppliers with greater opportunities and challenges.
The aging population in China and the “second-child policy’ also present the medical sector with both opportunities and challenges.
The development of new materials and innovative manufacturing processes are important factors in the sustainable growth of the medical sector.