Asia is now home to 60% of the world's population and has a higher population growth rate than any other region. By 2012, there will be more than 400 million Chinese over the age of 45. By 2020, 16% of the Chinese population will have reached the age of 65. In order to address the demands on its healthcare system caused by the aging population, the Chinese government had by 2006 already invested US$36 billion in building new hospitals and clinics. Over 20,000 hospitals are now operating in China. China's demand for international standard medical devices is growing along with its wealth and ability to procure them. With an existing US$23 billion market value in medical device output, experts predict that by 2020 China will replace Japan as the world's second largest market for medical devices.
MEDTEC China: the only way to the world's fastest growing medical manufacturing market.
Since its launch in 2005, MEDTEC China has been THE showcase for professional, international, and Chinese suppliers able to provide medical-grade raw materials, components, manufacturing technology, and outsourced products and services. Its unique audience of design and manufacturing engineers from medical manufacturers in China and the SEA nations makes it a vital event, not only in China but in the greater Asia region
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