Chinese Medical Device Makers Close In on Global Giants

Chinese medical device suppliers are taking on big-name brands, as the country rises up the manufacturing value chain in myriad industries. (Nikkei Illustration)

Business Asia

Exporters check into Hong Kong hospitals that long relied on GE, Philips, Siemens

CISSY ZHOU and LORRETTA CHEN

October 21, 2026 06:00 JST

Chinese medical device manufacturers are increasingly competing with established multinational companies, as the nation continues to ascend the global manufacturing value chain. Historically dependent on imports from firms like General Electric, Philips, and Siemens, Hong Kong hospitals are now turning to domestic suppliers for a growing range of equipment and technology solutions.

Source link