Summary: China’s medical equipment industry – which covers anything from surgical gloves and hospital beds, to hear stents and CAT scanners – is booming. Chinese companies are moving up the value chain, and are starting to capture market share in segments that were previously dominated by multinational players. A few Chinese companies are even establishing a presence in overseas markets. In this podcast, Nick Leung, Managing Partner of McKinsey’s Greater China Practice, discussed this topic with Franck Le Due, Yinuo Li, and Jing Wang. They’re Partners leading McKinsey’s Healthcare and Medical Products Practice in China.
