Welcome to Medical Fair China 2020

I have had the privilege of living in China for well over a decade. The healthcare market has changed dramatically during this time, and it has never been a dull experience to follow its development. I have come to the conclusion, though, that the China market has never been more exciting than it is today. Here are 8 reasons why.

Enormous technological changes in medicine and healthcare are heading our way. These trends have a variety of stakeholders: patients, medical professionals, researchers, medical students, and consumers. They are important because of the impact they will likely have on all of us at one time or another.

Recently, the Fourth Evaluation Department of the Center for Medical Device Evaluation (hereinafter referred to as “the Center”) evaluated the clinical trial approval application of the “degradable magnesium endosseous fixing screw” product in the special approval process of innovative medical devices.

Becton Dickinson (BDX) announced Sunday, April 23, that it will acquire medical technology peer C.R. Bard (BCR) for $24 billion, the largest-ever deal for the 120-year-old buyer.

With the joint efforts of all subjects, domestically-made medical equipment made an overall breakthrough during the “12th Five Year Plan” period - innovative achievements sprang up in a “spurt” kind of way. High end products such as MRI, CT, flat panel detector and electric stimulator made a series of important independent breakthroughs.

China Chamber of Commerce for Import & Export of Medicines & Health Products (CCCMHPIE) issued General Situation of China Pharmaceutical Foreign Trade 2016 and analyzed the situation for pharmaceutical foreign trade in 2017 involving large amounts of data related to medical devices.

Shenzhen-Israel Life Science Business Seminar will be held on 30 March, 2017 in Shenzhen Software Industry Base. Selected Israeli high-tech companies with their products are invited to participate in this seminar to find new business partners.

The average life expectancy for Chinese will reach 77 years by 2020, one year more than the figure in 2015, the health authority announced Friday.

On November 7, 2016, Emergency Care Research Institute (ECRI) in US published Top 10 Health Technological Hazards for 2017 at its official website to remind all medical institutions of the importance of medical device and medical equipment safety.

China Food and Drug Administration (CFDA) recently issued the Priority Review and Approval Procedure for Medical Devices, after in-depth study and extensive solicitation of opinions. The Priority Review and Approval Procedure for Medical Devices will come into force as of January 1, 2017.