China Sun Pharmaceutical Machinery starting to focus on the medical device segment

   Date:2013/12/03     Source:

Driven by the new GMP certification as well as the brisk downstream demand, Chinapharmaceutical equipment industry has seen steady progress in sales volume and technological content of products over the years, with industrial sales showing a rapid growth trend. In line with statistics of the China Association for Pharmaceutical Equipment, in 2011 the pharmaceutical equipment industry of China achieved gross industrial output value of RMB15.84 billion, a year-on-year increase of 23.5%; sales of RMB16.1 billion, up 25.2% year-on-year; total profit of RMB1.818 billion, up 19.3% YoY; and gross margin of the industry rose to 11.3%.

According to the new GMP regulations and the enforcement of pharmaceutical companies, 2011-2012 is a rapid growth period for China pharmaceutical equipment industry; as the certification ends in 2015, industry revenue growth in 2013-2014 will slow down. It is expected that in 2015, sales of China pharmaceutical equipmentindustry will attain to RMB31.41 billion.

According to Mr. Chanhua Liu, the General Director of Hunan China Sun Pharmaceutical Machinery Co.,Ltd., that the company is about to pay more attention on the medical equipment manufacturing. A series of new products will be offered the next year, like Plastic Ampoule Blow-Fill-Seal Monoblock Machine, Fully Automatic Light Inspecting Machine and Inverted Vertical soft bag one-step bottle blowing machines shall meet the increasing demands from upstream pharmaceutical manufacturing companies.

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