Contents
Introduction:
In the global medical device market, China, with its massive population base and rapidly growing medical needs, has become a significant player. As the population ages and awareness of health increases, China’s medical device industry is experiencing unprecedented growth opportunities. The list of the top 10 medical device companies provided by GWBMA is based on a comprehensive evaluation of various factors, including market share, technological innovation capability, international influence, and their standing in China’s medical device industry. These companies are generally regarded as leaders in the industry, with significant competitive advantages in their respective market segments. Additionally, these companies have shown outstanding performance in public industry reports, company announcements, and market analyses. This article will reveal the top 10 medical device companies in China, which not only dominate the domestic market but are also emerging as global leaders.
The Top 10 Medical Device Companies in China
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd. 深圳迈瑞生物医疗电子股份有限公司
- Headquarters: Shenzhen, Guangdong Province, China
- CEO: Li Xiting
- Website: www.mindray.com
- Founded: 1991
- Listing: Listed on the Shenzhen Stock Exchange (Ticker: 300760)
- Description:
Shenzhen Mindray Bio-Medical Electronics Co., Ltd., known as Mindray, was established in 1991 and is headquartered in Shenzhen, Guangdong Province, China. As a leading provider of medical devices and solutions in China, Mindray has a significant influence globally. The company focuses on three main areas: life information and support, in-vitro diagnostics, and medical imaging. Its product lines include patient monitoring, in-vitro diagnostics, medical imaging, anesthesia products, and surgical equipment.Through continuous innovation, Mindray is committed to providing high-quality, reliable medical equipment and solutions to healthcare institutions worldwide, improving the quality of life for patients globally. The company has numerous R&D centers and manufacturing facilities globally, with operations in over 190 countries. Mindray’s R&D investment exceeds 10% of its annual revenue, and it holds more than 2,800 patents, showcasing its strong capabilities in technological innovation.Since its establishment, Mindray has continuously expanded its international market. In 2006, Mindray successfully listed on the New York Stock Exchange, becoming the first Chinese medical device company to do so. In 2018, it was successfully listed on the Shenzhen Stock Exchange, further enhancing its position in the capital market. As a leader in the Chinese medical device industry, Mindray continues to promote the development of China’s medical device industry and holds a significant position in the global market by advancing AI technology in medical imaging and in-vitro diagnostics to enhance precision medical solutions.
- Shinva Medical Instrument Co., Ltd. 新华医疗器械股份有限公司
- Headquarters: Zibo, Shandong Province, China
- CEO: Zhou Huasong
- Website: www.shinva.com
- Founded: 1943
- Listing: Listed on the Shanghai Stock Exchange (Ticker: 600587)
- Description:
Shinva Medical Instrument Co., Ltd., known as Shinva, was established in 1943 and is headquartered in Zibo, Shandong Province, China. Shinva is a major player in China’s medical device industry, focusing on the development, production, and sale of medical devices. Its product range includes sterilization and disinfection equipment, radiotherapy equipment, medical imaging devices, pharmaceutical equipment, and medical waste treatment equipment.As a leader in the Chinese medical device field, Shinva boasts strong R&D capabilities and robust manufacturing capacity. The company is committed to technological innovation and product upgrades, aiming to serve society through technological advancements. Shinva has a wide market reach, with products exported to over 100 countries and regions.Over the past decades, Shinva has developed into one of the leading companies in China’s medical device industry through continuous technological innovation and market expansion. The company enjoys a high reputation in both domestic and international markets, particularly in the sterilization and radiotherapy equipment sectors, where it holds significant competitive advantages.Shinva adheres to the corporate philosophy of “people-oriented, technological innovation,” aiming to provide high-quality medical equipment and comprehensive solutions to customers worldwide. The company continues to advance through technological innovation, market expansion, and global cooperation, enhancing its international competitiveness. Currently, it is integrating AI and IoT technologies to develop smart medical and intelligent sterilization and disinfection equipment.
- Weigao Group Co., Ltd. 山东威高集团医用高分子制品股份有限公司
- Headquarters: Weihai, Shandong Province, China
- CEO: Chen Honghai
- Website: www.weigaogroup.com
- Founded: 1988
- Listing: Listed on the Hong Kong Stock Exchange (Ticker: 1066)
- Description:
Weigao Group Co., Ltd., known as Weigao, was established in 1988 and is headquartered in Weihai, Shandong Province, China. Weigao is a leading player in China’s medical device industry, focusing on the research, development, production, and sale of medical devices, medical polymer products, and pharmaceuticals.Weigao offers a comprehensive product line, including disposable medical devices, syringes, infusion sets, hemodialysis devices, and orthopedic devices. The company has developed into a leader in China’s medical device industry through continuous technological innovation and market expansion. Weigao has an extensive sales network worldwide, with products exported to Europe, America, Asia, and other regions.Weigao emphasizes R&D and innovation, with several national-level research centers and technology platforms dedicated to providing high-quality medical devices and comprehensive solutions to customers worldwide. The company enjoys a high reputation in both domestic and international markets, particularly in the disposable medical devices and hemodialysis sectors, where it holds significant competitive advantages.
- Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. 江苏鱼跃医疗设备股份有限公司
- Headquarters: Danyang, Jiangsu Province, China
- CEO: Wu Guangming
- Website: www.yuyue.com.cn
- Founded: 1998
- Listing: Listed on the Shenzhen Stock Exchange (Ticker: 002223)
- Description:
Jiangsu Yuyue Medical Equipment & Supply Co., Ltd., known as Yuwell, was established in 1998 and is headquartered in Danyang, Jiangsu Province, China. Yuwell is one of China’s leading medical device manufacturers, focusing on the research, development, production, and sale of home medical devices and hospital equipment. Its product range includes ventilators, glucose meters, wheelchairs, thermometers, oxygen concentrators, and more.Yuwell’s mission is to make life healthier through innovation and high-quality products. The company has a broad market reach, with products exported to Southeast Asia, Europe, America, and other regions.Yuwell continues to invest heavily in R&D, with several national-level research centers and laboratories. By collaborating with well-known medical institutions domestically and internationally, the company drives product innovation and technological advancement, enhancing its international competitiveness.Yuwell holds a significant position in China’s medical device industry, especially in the home medical devices sector, where it has notable market advantages.
- Shanghai United Imaging Healthcare Co., Ltd. 上海联影医疗科技股份有限公司
- Headquarters: Shanghai, China
- CEO: Cai Hui
- Website: www.united-imaging.com
- Founded: 2011
- Listing: Listed on the Shanghai Stock Exchange (Ticker: 688271)
- Description:
Shanghai United Imaging Healthcare Co., Ltd., known as United Imaging, was established in 2011 and is headquartered in Shanghai, China. United Imaging is one of China’s leading manufacturers of medical imaging devices, focusing on the research, development, production, and sale of high-end medical imaging equipment. Its product range includes MRI, CT, molecular imaging (MI), and X-ray imaging devices.United Imaging is committed to continuous technological innovation and product development, providing high-quality imaging diagnostic equipment and comprehensive solutions to healthcare institutions worldwide. The company has a broad market reach, with products exported to multiple countries and regions, enjoying a high reputation in international markets.
- Lepu Medical Technology Co., Ltd. 乐普（北京）医疗器械股份有限公司
- Headquarters: Beijing, China
- CEO: Jiang Zhixiang
- Website: www.lepumedical.com
- Founded: 1999
- Listing: Listed on the Shenzhen Stock Exchange (Ticker: 300003)
- Description:
Lepu Medical Technology Co., Ltd., known as Lepu Medical, was established in 1999 and is headquartered in Beijing, China. Lepu Medical specializes in the research, development, production, and sale of cardiovascular medical devices and pharmaceuticals. It is a leading company in China’s cardiovascular treatment sector, with products including coronary stents, pacemakers, drug-eluting stents, and cardiovascular drugs, widely used in the prevention, diagnosis, treatment, and rehabilitation of cardiovascular diseases.Lepu Medical is committed to improving the quality and effectiveness of medical products through technological innovation and continuously enhancing its R&D capabilities in the cardiovascular field. The company enjoys a high reputation in both domestic and international markets, with its products not only holding a significant position in the Chinese market but also being widely exported to Europe, the United States, and other international markets.
7. Neusoft Medical Systems Co., Ltd. 东软医疗系统股份有限公司
- Headquarters: Shenyang, Liaoning Province, China
- CEO: Liu Jiren
- Website: www.neusoftmedical.com
- Founded: 1998
- Listing: Not publicly listed
- Description:
Neusoft Medical Systems Co., Ltd., known as Neusoft Medical, was established in 1998 and is headquartered in Shenyang, Liaoning Province, China. Neusoft Medical is a leading provider of medical imaging equipment and solutions in China, with products covering CT scanners, MRI machines, X-ray imaging equipment, and ultrasound devices. The company is dedicated to providing high-quality medical imaging equipment through advanced technology and innovative product design, enhancing the diagnostic capabilities of healthcare institutions worldwide.Neusoft Medical has a strong brand presence and market share in China, and through continuous technological innovation and market expansion, it has also achieved significant success in international markets.
8. MicroPort Scientific Corporation 微创医疗科学有限公司
- Headquarters: Shanghai, China
- CEO: Xie Sheng
- Website: www.microport.com
- Founded: 1998
- Listing: Listed on the Hong Kong Stock Exchange (Ticker: 0853)
- Description:
MicroPort Scientific Corporation, known as MicroPort, was established in 1998 and is headquartered in Shanghai, China. MicroPort is a global leader in the medical device industry, specializing in the research, development, production, and sale of devices for cardiovascular, neurological, orthopedic, and diabetic care. The company’s products include coronary stents, cerebral vascular stents, artificial joints, and diabetes management devices.MicroPort’s development strategy is centered on innovation, aiming to enhance product technology through continuous innovation and international collaboration. The company has a strong global sales network, with products exported to over 60 countries and regions.
9. Shanghai Kindly Enterprise Development Group Co., Ltd. 上海康德莱企业发展集团股份有限公司
- Headquarters: Shanghai, China
- CEO: Gong Zheng
- Website: www.kindly.com.cn
- Founded: 1996
- Listing: Listed on the Shanghai Stock Exchange (Ticker: 603987)
- Description:
Shanghai Kindly Enterprise Development Group Co., Ltd., known as Kindly, was established in 1996 and is headquartered in Shanghai, China. Kindly is primarily engaged in the research, development, production, and sale of disposable medical devices and implantable medical devices, with products including syringes, infusion sets, interventional medical devices, and orthopedic implants. The company’s products are widely used in hospitals, clinics, and other healthcare institutions.Kindly places a strong emphasis on technological innovation and product development, with multiple national-level research centers and production bases dedicated to providing high-quality medical devices to global customers. The company enjoys a strong reputation in both domestic and international markets, with its products holding a significant position in China and being widely exported to global markets.
10. DIRUI Industrial Co., Ltd. 长春迪瑞医疗科技股份有限公司
- Headquarters: Changchun, Jilin Province, China
- CEO: Zhang Di
- Website: www.dirui.com
- Founded: 1992
- Listing: Listed on the Shenzhen Stock Exchange (Ticker: 300396)
- Description:
DIRUI Industrial Co., Ltd., known as DIRUI, was established in 1992 and is headquartered in Changchun, Jilin Province, China. DIRUI specializes in the research, development, production, and sale of in-vitro diagnostic equipment and reagents, with products including urine analyzers, biochemical analyzers, and hematology analyzers. The company’s products are widely used in hospitals, laboratories, clinics, and other healthcare institutions, covering markets in multiple countries and regions worldwide.Through continuous technological innovation, DIRUI has gradually become a leading company in China’s in-vitro diagnostic industry. The company has several national-level research centers, dedicated to providing high-quality, accurate, and reliable in-vitro diagnostic solutions to global customers. DIRUI’s products enjoy a high market share in China and have also achieved significant success in international markets.
How to Find the USCC of China’s Medical Device Companies
To find the Unified Social Credit Code (USCC) of China’s top medical device companies, follow these steps to ensure you obtain accurate company information. First, visit the China Company Search platform provided by GWBMA. This tool is specifically designed for querying Chinese company information and can help you accurately find the company name and USCC. When conducting a search, the most crucial point is to use the company’s Chinese name. According to Chinese company law, a company’s official name must be in Chinese, not English. Although a company may choose an English name, it has no legal effect.
Therefore, using the Chinese name is the only way to ensure you obtain accurate information. Once you enter the company’s Chinese name, the tool will display the matching company information, including the USCC. The USCC is a unique identifier for Chinese companies, similar to a company’s “ID card,” and is unique nationwide. With the USCC, you can accurately confirm the company’s identity and ensure the information you have is correct. After finding the Chinese medical device company you want to search for, you can also choose to use the MANUAL COMPANY VERIFICATION REPORT or the INSTANT AUTOMATED COMPANY REPORT to obtain detailed information about the company. These reports provide more in-depth details, such as the company’s history, financial status, shareholder information, and other important business information, helping you comprehensively understand the target company. In this way, you can obtain not only the legal identity information of the target company in China but also gain deeper insights into the company’s operations, ensuring that your business decisions are more reliable and secure.
