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China International Medical Equipment Fair (CMEF)
Fall Edition: 12-15 October, 2010 - Shenyang, China
New
Exhibit Area ... CMEF IVD
Dramatic IVD Growth
For the years 2007-2008, the Chinese IVD market has had an annual increase of 25%-30% and, according to Whitney Research, Inc.*, growth of 20%-25% is estimated for the years 2009-2011.
This increase is fueled by:
Prosperity
- Annual GDP 8%+ for the Last Decade
- One Million Chinese Enter the Middle Class each Year
2009 Stimulus Package
As Part of the Chinese Stimulus Package, the Chinese Government will:
- Spend $120 billion by 2010 to establish universal healthcare coverage of 1.3 billion people
- Build 400 hospitals each year for the next 10 years
China is now the sixth largest IVD market and will be the third largest by 2015.
About CMEF
In its 64th edition, China International Medical Equipment Fair (CMEF) is Asia’s largest medical device exposition. There are two editions of CMEF each year; each edition attracts 50,000 visitors. CMEF IVD is the IVD area of CMEF. For details, please see the “CMEF IVD Overview Presentation” and “CMEF IVD FAQs” on this website.
The 2009 Autumn Edition attracted 54,686 visitors from 19 countries.
* Whitney Hui Li Medical, Beijing, China; Whitney Research, Inc., Littleton, MA, USA - Contact: nat@whitneyresearch.com
CMEF-IVD contact:
Herb Burklund at herbb@scherago.com
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