the investment from Shanghai United Imaging Healthcare to build the world’s largest medical imaging equipment facility in Guizhou
“We are about to start the construction of phase II by the end of 2017, and phase III by 2019,” Zhao said.
Apart from the manufacturing line in Guizhou, UIH has a industrial center in Changzhou, Jiangsu province. Overseas, in May this year, it also opened production facilities in California.
According to a report by Firestone Inventing, a consulting company specializing in the medical industry, 402 Chinese companies produce medical imaging equipment, accounting for only 10 percent of China’s market share.
However, the market potential is huge. The report said the market size of medical imaging in China is estimated to grow to 600 billion to 800 billion yuan by 2020.
Wang Rongpin, director of the radiology department at Guizhou Provincial People’s Hospital, said that UIH had progressed remarkably, expanding to be one of the world’s leading high-end medical equipment makers in a short period.
“We have digital X-ray radiography equipment made by UIH in our department, which has the same high-definition image quality as imported products,” Wang said.
“However, the price is lower and the design fits Chinese users better. We are satisfied with the operating system.”
According to UIH’s Zhao Ling, before 2014, locally made equipment had a lower market share compared with international brands such as General Electric Co and Siemens AG.
After several years of research and development, however, UIH was awarded patents for its core technology. The company said its advanced medical equipment gained widespread recognition in 2014.
UIH mainly sells products to the Chinese market, and its products are also exported to Europe, Japan, Korea and Southeast Asian countries.
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