Recently in 2017, the CDFA (China Food and Drug Administration) published the “Guidelines for the Preparation of Special Reports on the Application of Innovative Medical Devices" that is part of CFDA’s implementation
of reforms to its approval systems for drugs and devices, and to meet the clinical demands of medical devices. The initiative also aims to encourage medical device study and innovation, and to promote the practice of
new medical device technology.The publication was published in the attempt to help China’s medical device localization process, and to help boost the development of the Chinese medical device industry.
Since 1st of January the allows applicants with a Class II device (limited to imported application) or a Class III device (both domestic and imported application) to request a priority review if the device has been enrolled
in the National Science and Technology Major Project or National Key Research and Development Plan, or if it can diagnose and treat:• rare diseases, and has significant advantages in clinical practice;
The medical device industry, in absolute numbers, represents a massive market in China with only 14% of the country’s local market’s share consisting of medical devices and equipment. In comparison, medical
devices and equipments in developed overseas markets account for 42% of the overall market size of pharmaceuticals and devices/equipment. What highlights the huge potential for Chinese manufacturers of medical
device to grow based on both their domestic and foreign demand.