AK Medical Sees Rapid Growth in Wake of VBP

AK Medical reported 1H23 orthopedic sales of RMB 641.3 million ($96.2 million), +21.9% compared to the first half of 2022.

Domestic companies in the Chinese orthopedic market won significant market share as volume-based procurement (VBP) squeezed out large international players. New products and elective procedure recovery in China...

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ME

Mike Evers is a Senior Market Analyst and writer with over 15 years of experience in the medical industry, spanning cardiac rhythm management, ER coding and billing, and orthopedics. He joined ORTHOWORLD in 2018, where he provides market analysis and editorial coverage.



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