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Medical Supplies is a growing industry in China. With a population approaching 1.4
billion inhabitants, and an economic power that is surpassed only by the United States,
China's medical supplies needs are growing both from an import and export perspective.
High technology Medical Supplies are imported from the United States, Japan, Germany
and other countries to China.
Electro-medical diagnostic and imaging equipment lead the import categories of medical
supplies in China. Other popular categories include general medical, dental and
surgical supplies. Some of the Medical Supplies with high growth rates include hearing
aids, ultraviolet/infrared ray apparatus and dentures/artificial teeth. The three
largest markets for medical supplies in China are Beijing, Shanghai, and Guangzhou.
Medical Supplies - HS 90 of the Harmonized Commodity Description and Coding System
China also produces its own Medical Supplies for its domestic market and international
markets.
Using the Harmonized Commodity Description and Coding System (HS) of tariff nomenclature,
this group of imports and exports falls within HS Chapter # 90 called Optics and
medical equipment: optical, photographic, cinematographic, measuring, checking, precision,
medical or surgical instruments & accessories.
The Harmonized Commodity Description and Coding System (HS) is an internationally
standardized system of names and numbers for classifying traded products. It was
developed and maintained by the World Customs Organization (WCO) (formerly the Customs
Co-operation Council), an independent intergovernmental organization with over 170
member countries based in Brussels, Belgium.
The HS is structured using a six-digit nomenclature. Almost 200 countries, representing
about 98 percent of world trade use the HS as a basis for trade negotiations collecting
international trade statistics, quota controls, rules of origin and for statistical
and economic research and analysis. There are about 5,000 commodity groups. Each
is identified by a six digit code, arranged in a legal and logical structure and
is supported by well defined rules to achieve uniform classification around the world.
HS Chapter # 90, Optics and medical equipment is one of the top categories of goods
imported from China into the United States today.
Major China Medical Supplies Companies
There are a number of major Medical Supplies companies in China providing the nation’s
Medical Supplies needs. For importers looking for import from China opportunities
in the Medical Supplies industry, these companies also export a variety of products
around the world:
Mingyuan Medicare Development Company Limited focuses on the development and commercialization
of protein chips, and biomedical testing products for genetic disease diagnosis and
Influenza A detection.
Shandong Weigao Group Medical Polymer Company Limited produces disposable products
(syringes, blood bags, infusion sets), dental, anesthetics, blood sampling products,
and orthopedic materials and tools.
Mindray Medical International Limited was founded in 1991 in Shenzhen, China, with
a goal of delivering high-quality, competitively priced medical supplies in 3 segments:
patient monitoring and life support, in-vitro diagnostics and medical imaging. The
company sells its products in 200 countries around the world.
China Medical Technologies, Inc. is a China-based medical device company that develops,
manufactures and markets advanced IVD (In vitro diagnostic) products using ECLIA
(Enhanced chemiluminescence immunoassay), FISH (Fluorescent in situ hybridization)
and SPR (Surface Plasmon Resonance) technologies to detect and monitor various diseases
and disorders.
U.S. based, Thermo Fisher Scientific supplies China with high-end analytical instruments
as well as laboratory equipment, software, services, consumables and reagents to
enable integrated laboratory workflow solutions.
Singapore based, the Biosensors International group of companies develop, manufacture
and market innovative medical devices for interventional cardiology and critical
care catheter systems and procedures. The company also has a noninvasive test for
Down Syndrome developed in cooperation with the University of Hong Kong.