According to the Analytical Chemistry Exhibition in Munich recently held in Shanghai, the market size of analytical instruments in 2010 will increase by 2.1 to 2.5 times from 2005, and the total amount will reach 3.5 to 4.2 billion U.S. dollars.
Although the safety incidents such as the water pollution in the Songhua River Basin and the Q2 Drug Incident have become history, they have increased the vast demand for analytical instruments in the Chinese market.
Since 1998, the import of analytical instruments in China has shown a linear upward trend.
At the press conference before the exhibition, Ma Xiguan, secretary-general of the China Analysis and Testing Association, predicted that such market prospects will attract all instrument manufacturers to increase their input and hope to gain greater benefits in the strongly developed Chinese economy. The Shanghai Analytical Biochemical Exhibition has also become one of the most important marketing activities for major analytical instrument manufacturers this year, attracting 270 exhibitors from 18 countries. The total exhibition area has increased by nearly 60% from the previous session.
Shanghai's first batch of newly equipped food and drug monitoring vehicles also appeared at the show. The staff from Shanghai Chongming County Technical Quality Supervision Bureau gave a live demonstration to let the public know at a distance how many pesticide residues were in rice, whether the preservatives in the fillets exceeded the standard, and even the moon cakes to be shared with the family during the Mid-Autumn Festival. We also did a "systemic examination" from inside out.
However, compared with the developed countries in the world, the development of the analytical instrument industry in China is still very weak. According to customs statistics, in 2005 China's 93% (1.534 billion U.S. dollars) of analytical instruments needed to rely on imports, and domestic instruments accounted for only 7% of the entire market (1.25 billion U.S. dollars).
Ma Xiguan believes that the size of the analytical instrument market depends mainly on the total scale of scientific research and development funds in China. According to his estimation, about 50%-70% of the country's R&D expenditure for scientific research will be used to purchase experimental instruments and equipment. From this perspective, the future of the analytical instrument industry depends mainly on the intensity of China's scientific research investment.
Although the safety incidents such as the water pollution in the Songhua River Basin and the Q2 Drug Incident have become history, they have increased the vast demand for analytical instruments in the Chinese market.
Since 1998, the import of analytical instruments in China has shown a linear upward trend.
At the press conference before the exhibition, Ma Xiguan, secretary-general of the China Analysis and Testing Association, predicted that such market prospects will attract all instrument manufacturers to increase their input and hope to gain greater benefits in the strongly developed Chinese economy. The Shanghai Analytical Biochemical Exhibition has also become one of the most important marketing activities for major analytical instrument manufacturers this year, attracting 270 exhibitors from 18 countries. The total exhibition area has increased by nearly 60% from the previous session.
Shanghai's first batch of newly equipped food and drug monitoring vehicles also appeared at the show. The staff from Shanghai Chongming County Technical Quality Supervision Bureau gave a live demonstration to let the public know at a distance how many pesticide residues were in rice, whether the preservatives in the fillets exceeded the standard, and even the moon cakes to be shared with the family during the Mid-Autumn Festival. We also did a "systemic examination" from inside out.
However, compared with the developed countries in the world, the development of the analytical instrument industry in China is still very weak. According to customs statistics, in 2005 China's 93% (1.534 billion U.S. dollars) of analytical instruments needed to rely on imports, and domestic instruments accounted for only 7% of the entire market (1.25 billion U.S. dollars).
Ma Xiguan believes that the size of the analytical instrument market depends mainly on the total scale of scientific research and development funds in China. According to his estimation, about 50%-70% of the country's R&D expenditure for scientific research will be used to purchase experimental instruments and equipment. From this perspective, the future of the analytical instrument industry depends mainly on the intensity of China's scientific research investment.
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