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China's analytical instrument market has huge future prospects

  • Categories:News
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  • Time of issue:2020-09-18 17:40
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(Summary description)It is understood that analytical instruments, an important part of China's instrumentation industry, will develop rapidly in the next few years. China's investment in analytical instruments will soar from US$680 million in 1998 to US$1.3 billion in 2005...

China's analytical instrument market has huge future prospects

(Summary description)It is understood that analytical instruments, an important part of China's instrumentation industry, will develop rapidly in the next few years. China's investment in analytical instruments will soar from US$680 million in 1998 to US$1.3 billion in 2005...

  • Categories:News
  • Author:
  • Origin:
  • Time of issue:2020-09-18 17:40
  • Views:
Information

It is understood that analytical instruments, an important part of China's instrumentation industry, will develop rapidly in the next few years. China's investment in analytical instruments will soar from US$680 million in 1998 to US$1.3 billion in 2005. This means that China's analytical instrument market has an attractive prospect. The development of analytical instruments in the 21st century will lean toward online analysis, and will develop toward integration, combined use, and information networking. At the same time, it will become more miniaturized and intelligent. And China's growing pharmaceutical, biochemical, environmental protection and other industries have created a huge market space for modern analytical instruments. At present, about 73% of China's analysis and testing instruments need to be imported, and this proportion is even higher in some high-end precision instruments. Some special special instruments are totally dependent on imports. At present, R&D expenditures of companies in developed countries account for about 6% to 12% of total sales, while the current average level of Chinese companies is less than 1.5%. With the increasing emphasis of various industries on the development of new technologies and new products, investment in research and development will also increase rapidly, which means that the market demand for analytical instruments will rapidly expand in recent years. It is understood that the development focus of China's analytical instrument industry during the "Tenth Five-Year Plan" period will focus on the needs of the three major areas of scientific research, production, and human environment. Mainly mid-range products with high instrument and technology content. The key products to be developed will include online detection and quality control instruments, human health and environmental detectors, and various military-use war poison analysis instruments. The huge market potential of China's analytical instrument market has attracted the attention of the international industry. At the China International Analytical, Biochemical, Diagnostic and Laboratory Technology Expo that opened today in Shanghai, 160 exhibitors showcased the latest high-tech solutions in various application fields, including many well-known multinational companies in the international analytical instrument market . The organizer, Dr. Klaus Dietrich, vice president of the Munich International Exhibition Group, said that this is a top-level exhibition "tailored" for the Chinese market. During the exhibition, not only will there be 14 keynote speeches by Chinese and foreign experts, scholars and industry professionals, but also a seminar for international exhibitors on how to seize business opportunities in China, the largest market in Asia.

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