Chinese MedTech Exports Top $24 B, Pressuring Western Hospital Equipment Giants

Chinese firms are increasingly competing with established US, European and Japanese suppliers in hospitals abroad. United Imaging Healthcare’s CT machines can scan a full body in five minutes, far quicker than traditional models. Government policies that require some domestic hospitals to use Chinese products have boosted the sector, driving exports past $24 billion last year. Yet foreign buyers remain cautious, with a Hong Kong hospital chief noting the shift is about diversification rather than outright replacement.