China’s Biomedical Market to Reach 833.2 Billion Yuan

In recent years, China’s biomedical industry has gradually shown a trend of agglomeration and development, and has successively approved the establishment of 168 national high-tech industrial development zones, including 67 biomedical class(including medical devices), involving industrial clusters in the Bohai Rim region, the Yangtze River Delta region, the Great Bay region of Guangdong, Hong Kong, Macao, the northeast region and Sichuan and Chongqing, Some distinctive biomedical industry development zones have been initially formed.

By 2025, the overall scale of China’s biomedical market is expected to reach 833.2 billion yuan. (Science and Technology Daily)