To enhance the overall experience for both our exhibitors and visitors, the China IVD Supply Chain Expo in March 2024 will be divided into five specialized zones for Supply Chain, Consumables, General Lab Equipments, Components, and Raw Materials in addition to the CACLP show, which shall mainly present the Instruments and Reagents as well as International Pavilion.

According to the report of "The Developments and Trends of China's Medical Device Industry" released by Roland Berger, a world leading management consultancy, the Chinese medical device market exceeded 900 billion yuan in 2022. It is projected to exceed 2.2 trillion CNY (about 320 billion USD) by 2030, making China potentially the largest medical device market globally.

Shanghai Kirgen, a leading domestic manufacturer of high-end laboratory consumables and new materials, has just announced that it has completed a new round of financing of nearly 100 million Yuan.

On December 5, Haier Biomedical expanded the field of laboratory disposable plastic consumables through the acquisition of Suzhou Kangsheng Biological Co., Ltd. ("Suzhou Kangsheng" for short), accelerating the extension of smart laboratory application scenarios.

Expects Q4 2021 revenue of $29-31 million; Full year 2021 revenue of $109-111 million