The remarkable rise of China’s middle class, which by some accounts is equivalent to the entire population of the United States, has created massive consumer demand where there was none just a couple of decades ago. In the medical device space, this economic and demographic shift has led many medtech manufacturers with a presence in China to place greater focus on producing goods for the domestic market than for export. The Chinese government, however, has increasingly put pressure on hospitals and other purchasing groups to favor devices made in China by Chinese companies. Tagging Options Domain:  All Sites Keywords:  medical Polymers read more

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China, Russia build new barriers for foreign medical device manufacturers