China’s medical device investment: Why JVs and local partnerships are key
China’s medical device investment sector is fueled by an aging population, rising healthcare demand, technological advancements, and strong government support. From 2012 to 2022, China’s total health expenditure more than tripled to RMB 8.5 trillion, while the medical device market reached RMB 336 billion in 2022, making it the second-largest globally, behind only the US. […]