Home Setting Sail with Innovation: 2023 China Medical Device Global Expansion Case Collection Campaign

Setting Sail with Innovation: 2023 China Medical Device Global Expansion Case Collection Campaign

May 31, 2023 09:13 CST Updated 09:13

As “innovation” has become an instinct ingrained in the corporate DNA, and as “domestic substitution” is gradually being realized across key niche segments, expanding overseas operations and establishing a global footprint have clearly emerged as the new mission for local medical device enterprises in the new era. On the world map of the fiercely competitive medical device industry, Chinese companies are increasingly visible in many high-ground markets of international competition.


“Going Global”: A New Perspective for Observing the Development of Medical Device Companies


Expanding into overseas markets not only enhances the international competitiveness and influence of China’s medical device industry but also provides robust support for China’s Belt and Road Initiative and the “Healthy China” strategy. By driving the development of the domestic medical device sector through global expansion, we can facilitate industrial upgrading and accelerate internationalization, thereby helping Chinese enterprises better integrate into global industrial trends. This will strengthen their international influence and reputation, while boosting the competitiveness of Chinese brands and “Intelligent Manufacturing in China” in the global marketplace. Through research and analysis of practical case studies of Chinese medical device companies going global, we aim to profile the innovative forces within this wave of expansion from a multidimensional industrial perspective, seeking to uncover insights that resonate with the present moment.


On the occasion of the 2023 China Medical Device Global Expansion Conference, VCBeat, VB100, and Eggshell Research Institute jointly initiated“2023 Call for Innovative Case Studies of Chinese Medical Device Companies Going Global”, soliciting and selecting innovative medical device companies with overseas market layouts in China, as well as organizations providing services for the international expansion of medical devices.


Case Collection


This case study collection and selection initiative is grounded in the ecosystem of medical device globalization, evaluating entries from two perspectives: global strategic layout and export enablement services, to select“2023 Best Strategic Layout Enterprise for Medical Device Global Expansion”and“2“2023 Best Service Empowerment Enterprise for Medical Device Global Expansion”. Among them, the “Best Strategic Layout Enterprise for Medical Device Overseas Expansion in 2023” was added"Best Layout Case in North America/Europe/Asia-Pacific Region"; Addition of the “2023 Best Service-Enabling Enterprise for Medical Device Global Expansion” Award“Best Market Access/Overseas Agency/Export Trade Empowerment Case”. This evaluation focuses on assessing the innovations, outstanding strengths, achievements, role divisions and contributions of all participating parties, as well as the significance of the submitted overseas expansion cases for medical device internationalization within the review year.


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Eligibility Criteria


· Best Strategic Layout Enterprise for Medical Device Global Expansion in 2023


I. Eligible entities must be medical device companies registered within China. Comprehensive healthcare groups whose business segments include the research and development, manufacturing, and sales of medical devices are also eligible to participate.


II. Eligible entities must be planning or have already implemented overseas expansion strategies, including but not limited to exporting medical device products, establishing overseas subsidiaries, acquiring overseas ecosystem companies, and setting up overseas R&D centers.


III. Applicant organizations may, while applying for the 2023 Best Strategic Layout Enterprise for Medical Device Global Expansion, optionally submit supplementary applications based on their overseas business regional distribution.Best Practice Cases for Layout in North America, Europe, and the Asia-Pacific Region.


IV. Applicant organizations applying for the 2023 Best Strategic Layout Enterprise for Medical Device Global Expansion are not required to specify particular overseas strategic layout regions. However, if they choose to additionally apply for the Best Case Study of Strategic Layout in North America, Europe, or the Asia-Pacific region, the submitted case study must pertain to a strategic layout within the corresponding region.


V. This selection refers toNorth Americaincluding but not limited to the United States, Canada, and other countries;European RegionIncluding but not limited to: the United Kingdom, France, the Netherlands, Germany, the Russian Federation, and other countries;Asia-Pacific RegionIncluding but not limited to: Japan, Australia, South Korea, Thailand, Singapore, Indonesia, Malaysia, Vietnam, the Philippines, and other countries.


· 2023 Best Enabling Service Enterprise for Medical Device Global Expansion


I. Eligible participating entities must beKey Links and Processes for the Global Expansion of Medical DevicesProviding services to empower medical device companies in expanding their overseas business.


II. Eligible entities may apply as independent applicants (a single entity applying independently) or as joint applicants (multiple entities applying jointly).


III. Applicant organizations may, while applying for the 2023 Best Enabling Service Enterprise for Medical Device Global Expansion, selectively submit supplementary applications based on their specific types of enabling services.Best Practices in Market Access, Overseas Agency, and Export Trade Enablement.


IV. Participating units applying for the 2023 Best Empowerment Service Enterprise for Medical Device Global Expansion are not required to specify a particular type of empowerment service. However, if they optionally submit additional applications for best practices in market access, overseas agency, or export trade empowerment, the submitted cases must correspond to the respective type of empowerment service.


V. This evaluation refers toMarket AccessIncluding but not limited to: providing consulting, registration, and certification services related to global market compliance and market access (such as GMP facility planning/design review/quality system guidance/clinical CRO/product market entry registration, etc.);Overseas AgentIncluding but not limited to: settlement, logistics/supply chain sales/warehouse management/localized infrastructure/internet sales platforms and other services;Export TradeIncluding but not limited to: exhibitions, translation, trade alerts, personnel training, and other services.


Selection Process


Case Call for Submissions: May 11–June 15

Case Selection:June 16–June 21

Case ReleaseJuly 1 · Tianjin · On-site at the 2023 China Medical Device Global Expansion Conference


How to Participate


1. Online Registration

Scan the QR code below or click the link below to fill out the registration form.


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Case Submission Link: https://vb100.mike-x.com/3k1Oj


2. Application Consultation

VB100 Ms. Wu 15696132719


Election Return


1. Community-Wide Resource Recommendations ·Publication of Outstanding Selected Case Studies to Increase Exposure, with Recommendations Across VCBeat’s Official Website, Official WeChat Account, and Media Matrix, Along with Post-coverage Industry/Capital Matchmaking Services.


2. Award Ceremony: Zero-Distance Interaction ·Selected outstanding cases will be invited to attend the award ceremony, sharing the stage with numerous distinguished enterprises and engaging in face-to-face exchanges with industry peers to spark collaborative opportunities.


3. Direct Access to the 2023 China Medical Device Global Expansion Conference ·Participating organizations in the call for outstanding case studies will receive three tickets to the “2023 China Medical Device Global Expansion Conference,” enabling more in-depth exchanges with government officials, industry peers, potential partners, and other professionals.


4. Opportunity to share at the conference ·In accordance with the overall conference planning, selected enterprise representatives showcasing outstanding case studies may share their insights on the global ecosystem for medical device expansion with professional attendees. Through on-site presentations and promotional coverage across VCBeat’s official website, official social media channels, and its broader media matrix, these representatives can achieve millions of impressions and foster multi-dimensional collaboration opportunities.


5. Global Expansion Achievements Showcase ·As the submitted case demonstrates a highly innovative overseas product with significant implications for the global expansion of medical devices, it will have the opportunity to be invited to participate in the Overseas Expansion Achievements Exhibition held concurrently with the conference, thereby showcasing its internationalization outcomes comprehensively and from multiple perspectives.


About the 2023 China Medical Device Global Expansion Conference


The 2023 China Medical Device Global Expansion Conference, co-hosted by VB100, VCBeat, and the Administrative Committee of Tianjin Economic-Technological Development Area (TEDA), will be held in TEDA from June 30 to July 1. Focusing on medical device exports and centered on “empowering global trade,” the conference leverages the pillars of “Innovation, Exploration, Benchmarking, and Interaction.” It aims to establish a globally influential brand event tailored for Chinese enterprises, integrating international trade cooperation, medical device industry exchanges, institutional technical dialogues, and corporate product exhibitions within the framework of the Belt and Road Initiative.


Adopting a global perspective, the conference will delve into topics such as innovation and upgrading of medical devices, brand internationalization, cross-border trade, global strategic layout, and team building and management. It aims to foster multi-party exchanges and cooperation among domestic innovative medical device enterprises, overseas distributors, export enablement service providers, and foreign embassies/institutions in China. Centered on policy coordination, unimpeded trade, financial integration, and people-to-people bonds, the event will invite distinguished guests—including leading domestic and international policy experts, executives from top-tier enterprises and institutions, and forward-looking investors—to participate in a two-day program comprising forums, exhibitions, and concurrent activities.


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Conference Dates: June 30–July 1, 2023

Venue: InterContinental Tianjin Yujiapu Hotel, China

Organizers: VB100, VCBeat, Tianjin Economic-Technological Development Area Administrative Committee

Conference Scale: 500+


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Conference Registration