Chinese investment firm Yingke Private Equity has invested RMB100 million (US$14 million) in Shanghai Sanyou Medical Co., Ltd., an orthopedic medical device developer. Chinese orthopedic medical equipment sector is growing rapidly, and currently accounts for 9% of the overall medical device market in China. In 2016, the market size of the industry was RMB18 billion (US$2 billion), up 15% year-on-year. The number is estimated to reach US$4 billion by the year 2020, according to the Boston Consulting Group. Founded in …

Yingke Injects $14M In Chinese Orthopedic Medical Device Developer Sanyou appeared first on China Money Network.


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