ROBOTIC
CHINA ’ S MEDICAL DEVICE MARKET VALUE HITS US $ 179B AND 90TH CMEF IN SHENZHEN TO FEATURE A PLETHORA OF TECHNOLOGICAL PRODUCTS
The 90th China International Medical Equipment Fair ( CMEF ) is set to take place in Shenzhen from October 12th to 15th , 2024 . With an expected attendance of over 200,000 visitors from more than 150 countries , the exhibition is poised to be a global showcase of cutting-edge technology . Over 4,000 enterprises will be exhibiting their latest advancements in medical equipment . China ’ s medical device market has witnessed remarkable growth , reaching a market capitalisation of 1.27 trillion yuan ( US $ 179 billion ) in 2023 , as reported by China Daily .
For over 40 years , CMEF has been steadfast in its mission to create a global platform for international exchanges , cross-border trade , and diverse collaborations . With 10 exhibition halls , CMEF will showcase the latest products and technologies across the entire industry . Notably , China has made remarkable advancements in technology to meet the evolving demands of healthcare .
Portable medical devices conduce to first aid efficiency the World Economic Forum projects that the climate crisis could lead to an alarming increase of 14.5 million deaths by 2050 . The escalating extreme weather events has raised public awareness of the importance of first aid .
Chinese companies have developed more convenient medical devices to assist in on-site rescue operations . For example , a portable emergencyspecific Digital Radiography ( DR ) system weighs only 23 kilogrammes , features an internal power supply , and allows for X-ray imaging and diagnosis .
Advancement of robotics technology further enhances medical accuracy
With the further development of intelligent technology , robotics has permeated the field of healthcare . In China , an Endoscopic Surgical Robot has been successfully employed in over 20 hospitals , assisting in more than 300 surgeries . This product features a 3D high-definition vision system , a flexible multi-degreeof-freedom mechanical arm , and a groundbreaking grip design . The surgical robot has undergone clinical training and trial studies in dozens of hospitals , with a 100 % success rate for over 60 remote surgeries .
Integration of Internet of Things ( IoT ) elevates patients ’ experience
IoT has the potential to significantly improve the efficiency of medical services and patients ’ experience . An advanced medical imaging IT solution seamlessly connects
multiple imaging modalities and medical institutions . One notable implementation of this solution can be seen in the collaboration between Shenzhen Baoan People ’ s Hospital and Zayu People ’ s Hospital , located on the southwestern border of China . Overcoming a 3,000-kilometre distance , it eliminates the need for remote residents to travel for medical consultations , providing them with access to top-tier care .
This year , CMEF launched the WeTalk Global Stage to boost global business . An after-event organised by the Consulate General of Italy on the Italian medical ecosystem attracted nearly a hundred attendees . The initiative will continue at the 90th CMEF .
The Chinese market has become one of the most promising global medical device industry . As a gateway for enterprises entering the Chinese market , CMEF focuses on technological and trade exchanges , further accelerating the development of the industry . �
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