Abstract

This research delineates the expansion of the medical device sector, pivotal for the enhancement of medical technologies, the protection of public health, and the establishment of a robust public health infrastructure. The medical device industry, both globally and within China, has exhibited continual positive growth, underscored by the pronounced market dominance of leading firms, thereby highlighting a market trend where the strong become stronger. Focusing on the medical device industries within Jiangsu and Guangdong Provinces as case studies, this paper evaluates the industry’s development trends concerning agglomeration and innovation by comparing metrics such as output value, industry scale, the number of listed companies, and product registration status between the two regions. Concurrently, it identifies Jiangsu Province’s shortcomings in terms of industrial scaling and the nurturing of leading local enterprises. Anchored in the growth trajectory of China’s medical device industry during the “14th Five-Year Plan,” this study endeavors to explore and delineate strategies for fostering leading medical device enterprises in Jiangsu Province from a governmental macro perspective. It aims to offer strategic insights and recommendations to expedite the development of principal local enterprises within the province.

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