$323 mil­lion

China Daily (Hong Kong) - - BUSINESS -

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.

Con­tact the writ­ers at zhengyi­ran@chi­nadaily.com.cn

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