In July 2023, Premier Research, a world-renowned CRO company, officially joined the China Association for Medical Devices Industry (CAMDI), committed to working with nearly 4,000 members to jointly promote the rapid development of China's medical device industry.
In recent years, with the aging of the global population and the increase in chronic diseases, the market demand for medical devices has continued to grow. The global medical device market size is expected to grow significantly in the coming years. According to Frost & Sullivan data, the global medical device market size is expected to grow to $589.2 billion in 2024.
Despite the rapid development of the medical device industry, it is not easy for developers to truly transform cutting-edge technologiesFor Chinese companies that want to go global, they are facing a series of severe challenges. Device developers not only have to deal with an increasingly crowded track and fierce competitive pressure, but also need to solve many problems such as test centers, commercialization, and regulation. For developers who are new to the international market, every link is full of unknown challenges. At this time, professional guidance and service can often bring them twice the result with half the effort.
Mr. Pei Ming, General Manager of Promir Pharma Greater China, said: "Medical devices have always been a key focus area of Promir Pharma. After joining the China Association for Medical Devices Industry, we will actively participate in industry exchanges and activities, keep abreast of new trends, trends and new technologies in the industry, and continue to improve our professional capabilities. At the same time, we will continue to focus on providing Chinese customers with full-process services from the formulation of medical device project strategies to the commercialization of products, so as to help more Chinese medical device products enter the international market and benefit patients around the world." In our vision, in the future, relying on the rapid development of the medical device industry, the penetration rate and overall quality of global medical services will be greatly improved, and more and more patients will have the opportunity to enjoy better medical and health services. ”
About Pumir Pharmaceuticals:
Premier Research has a comprehensive understanding of oncology and hematology, rare diseases, neuroscience, and global development and registration strategies. With more than 30 years of experience in product development, the company can provide a one-stop full range of services from initial strategy development, clinical development to final regulatory filing. For more information, please search WeChat***premier research".
About China Association for Medical Devices Industry
Founded in 1991, China Association for Medical Devices Industry (CAMDI) is a nationwide non-profit social organization jointly formed by units or individuals engaged in medical device R&D, production, operation, investment, product testing, certification consulting, education and training and other medical device industry related work on a voluntary basis. At present, the association has 55 branches and professional committees, and has nearly 4,000 members.