SMT, PCB Electronics Industry News
  • SMTnet
  • »
  • Industry News
  • »
  • Medical Electronics Drives Sustained Growth in Electronics Manufacturing

Medical Electronics Drives Sustained Growth in Electronics Manufacturing

Aug 06, 2012

Despite the grim international economy, China’s electronics manufacturing industry remains on an upward trajectory.  According to data issued by the Ministry of Industry & Information Technology on July 4, between January and May 2012, the value add to China’s electronics manufacturing industry saw a year-on-year rise of 13.1%.  The sales value hit RMB 3.17 trillion (USD 498 billion), up 11.2% over the same period last year.

Emerging markets like medical electronics are key to sustained growth in China’s electronics manufacturing industry.NEPCON South China 2012, which will take place between August 28 and August 30 at the Shenzhen Convention & Exhibition Center, will heavily feature such applications to highlight how these have become a major direction for producers of electronics manufacturing equipment.

Driven by sustainable development in China’s economy, and the state’s emphasis on building medical service systems, among other factors, China’s medical electronics market will see sustained and steady growth for years to come.  The CAGR will reach approximately 20%.  Statistics from Espicom, a market research firm, confirm that the market scale of China’s medical electronics in 2011 neared RMB 50 billion (USD 7.8 billion). 

CCID Consulting, another research institute, delivered optimistic estimates for China’s medical electronics market.  Based on its Strategic Study of China’s Medical Electronics Industry, the market scale of the country’s medical electronics will jump from RMB 40.31 billion (USD 6.3 billion) in 2010 to RMB 69.25 billion (USD 10.9 billion) in 2013. 

 Unlike the volatile consumer electronics market, medical electronics remains stable.  Though the period of investment return is relatively long, this field can provide more consistent, longer-lasting returns than others.  Statistics from the National Development & Reform Commission show that by the end of September 2011, the gross industrial output value of China’s medical apparatus and instruments industry had reached RMB 98.5 billion (USD 9.9 billion).  The same year, the annual industrial sales revenue hit RMB 135.4 billion (USD 21.3 billion), a year-on-year growth of 26.6%. 

Numerous manufacturers from semiconductor, EMS and OEM companies are attracted by the huge market potential and stable returns of the medical electronics market.  Of these, electronics manufacturing industry giants like Philips, GE, Siemens and Sony, among several others, will be on-site at NEPCON South China.

 The medical electronics industry has been a major component of NEPCON exhibitions in recent years.  As medical electronics technology develops its electronics, information, internet and intellectual capabilities, NEPCON South China 2012 will assemble the best of this field’s new technologies, products and equipment.  Industry professionals will be able to conduct technical exchange and negotiate business deals on-site, thus establishing an important platform for medical electronics consumers to learn about the latest applications and buy appropriate medical electronics manufacturing equipment and systems.


Xue Huiling, Assistant Manager of Polar Electro Guangzhou’s PMC Department, said, “As many of the leading suppliers in electronics manufacturing will be at NEPCON South China, we believe that the cutting-edge technologies and equipment that will be on display will play a significant role in maintaining our lead in the industry.  This has reinforced our decision to visit the exhibition.”

Wei Kaiyun, Manager of Mindray Medical International Limited’s Automation Testing Department, added, “We are experts in R&D and manufacturing of clinical medical equipment.  As such we have a great need for production equipment and materials.  This August, we will visit NEPCON South China to gain a clear understanding of future development trends in the medical electronics industry.  ”
For more details about NEPCON South China 2012, please visit


Reed Exhibitions Greater China is associated with the world’s largest events organizer: Reed Exhibitions.  After more than two decades of rapid growth, today, Reed is China’s premier organizer of definitive trade events, through eight outstanding member companies: Reed Exhibitions China, Reed Sinopharm, Reed Huabo, Reed Huaqun, Reed Exhibitions (Shanghai), Reed Guanghe, Reed Huabai and Reed Hongda.
 
Reed Exhibitions Greater China’s 58 high quality trade events serve 11 of the country’s fastest growing specialized sectors, including: Electronics Manufacturing & Assembly • Machine Tools, Metalworking & Industrial Materials • Converting • Pharmaceuticals, Medicine & Health Care • Gifts & Homeware • Automotive • Energy & Marine Technology • Lifestyle • Travel, Gaming & Property.
 

In China, Reed combines global resources and local expertise to produce content-rich, tightly targeted events that deliver excellent insight, training and thought leadership.  They are also a trusted source of best practice to business professionals across a wide range of industries.  In 2011, events organized by Reed Exhibitions Greater China brought together over 27,000 suppliers, more than 650,000 visitors and approximately 25,000 conference delegates.


For more information please contact:

Reed Exhibitions              
Karena Tong                 
Tel:+86 21 2231 7075            
Fax: +86 21 2231 7181          

MW Associates
Ida Wang
Tel:+86 13910227049

 

Feb 18, 2020 -

Notice of Postponement NEPCON China 2020

Mar 22, 2018 -

Reed Exhibitions Hosts Successful Luncheon for Mexican Reps

Aug 11, 2015 -

As PCB Industry Thrives, Industry Leaders to Join CS Show 2015

Aug 11, 2015 -

NEPCON: Unique Chinese Business Platform for Electronics Manufacturing Services (EMS) and EMS Sourcing Center to Light Up Shenzhen this August

Aug 06, 2015 -

The Rise of Electronics Manufacturing Automation: Promoting Intelligent Manufacturing and the “Smart Factory” Concept

Jul 15, 2015 -

China Embraces Smart Manufacturing as Electronics Manufacturing Industry Welcomes New Era

Jul 13, 2015 -

Leading Exhibitors Gather at CS Show 2015 PCB Industry Set To Benefit from Reform Dividends

Jul 09, 2015 -

Innovative Technologies Drive PCB Industry Growth: Shenzhen CS Show to Kick Off in August Set to Be Major PCB/FPC Procurement Event

Jul 08, 2015 -

After 30 Years NEPCON China Remains on Top

Jun 08, 2015 -

NEPCON SOUTH CHINA 2015 Set for Shenzhen this August

129 more news from Reed Exhibitions »

Jul 06, 2022 -

Offline PCBA Cleaning Machine HJS-7100,rosin flux, non-clean flux,water-soluble flux cleaning machine

Jul 05, 2022 -

Semiconductor Spray Cleaning Machine HJS-9700,Semiconductor Wafer Cleaning Machine HJS-9700

Jul 04, 2022 -

Pneumatic Stencil Cleaner HJS-9000II,dual chamber stencil cleaning machine

Jul 03, 2022 -

Electric Stencil Cleaner HJS-9500, SMT Electric Stencil Cleaner HJS-9500

Jul 01, 2022 -

Screen Cleaning Machine HJS-4600, SMT Screen Cleaning Machine HJS-4600

Jun 30, 2022 -

Electric Fixture Cleaning Machine HJS-6700, SMT pallet cleaning machine, soldering pallet cleaning machine

Jun 29, 2022 -

Waste Water Treatment Machine RWT-1000, SMT Waste Water Treatment Machine RWT-1000

Jun 28, 2022 -

Gen3's Dr Chris Hunt, CTO submits an insightful paper to the journal of Surface Mount Technology

Jun 28, 2022 -

Squeegee Cleaning Machine HJS-3700,SMT Squeegee Cleaning Machine HJS-3700

Jun 27, 2022 -

Solderstar Celebrates 20 Years of Innovation

See electronics manufacturing industry news »

Medical Electronics Drives Sustained Growth in Electronics Manufacturing news release has been viewed 530 times

  • SMTnet
  • »
  • Industry News
  • »
  • Medical Electronics Drives Sustained Growth in Electronics Manufacturing
IPC Certification Training Schedule IPC Questions and answers

MSD Dry Cabinets