Best Traditional Medical Devices Companies in China
The 136 best Traditional Medical Devices companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Gu Sheng Tang.
China's Traditional Medical Devices sector is what this directory ranks, 136 companies deep, ordered by disclosed equity funding and recent momentum. Total disclosed funding sits at $519M across the tracked cohort, with no unicorns yet but some clear frontrunners pulling away from the pack. Shanghai Hanyu Medical Technology leads at $72M raised, followed by Ruiguang Kangtai Technology at $56M. Those two alone account for nearly a quarter of the sector's total disclosed capital. And the investor list tells you something too: Hillhouse and Qiming Venture Partners don't park money in slow categories.
So what's the broader pull here? The global traditional medical devices market was valued at roughly $425.2B in 2021 and is forecast to reach $801.3B by 2029, compounding at 7.0% annually, driven largely by aging populations and sustained product development investment. China is a natural center of gravity for that growth. Median app install growth of roughly 19% year-over-year across 129 medical device-adjacent apps signals that digital engagement with this category is accelerating, not plateauing. If you're mapping capital into this space, the concentration at the top is real, but so is the long tail of 136 companies I'm tracking here. The funding gap between DentaFilm at $15M and the leaders above $50M tells you this market's still sorting itself out.
- IDC
Our analysis of 50 Traditional Medical Devices companies
$5.7b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Traditional Medical Devices companies in China
| # | Company | Disclosed funding | Last round | Stage | Employees | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Acotec | — | — | Public | 645 | 2008 | — | — |
| 2 | Acurio | — | — | Unfunded | — | 2013 | — | — |
| 3 | Affacare Manufacturer of ultrasonic scalpel, stone removal & other surgical medical devices | — | — | Funding Raised | 250 | 2012 | — | — |
| 4 | Allmed Medical Products Manufacturer and exporter of wound care products | — | — | Funding Raised | 5,257 | 2015 | PHPLayuiGSAP+4 | — |
| 5 | Amhygienics Manufacturer of wet wipes and baby diapers offering contract manufacturing and private labeling. | — | — | Unfunded | 800 | — | PHPThinkPHPNginx+9 | — |
| 6 | Anji Hengfeng Sanitary Material Manufacturer of medical bandages and first-aid kits | — | — | Unfunded | — | 2006 | — | — |
| 7 | Anrei Medical Manufacturer of minimally invasive surgical medical devices | — | — | Acquired | 11 | 2006 | — | — |
| 8 | Aokland Manufacturer of blood purification and water treatment equipment | — | — | Funding Raised | 94 | 2003 | — | — |
Top 12 Traditional Medical Devices companies in China
#1
Series A · Licheng, Guangdong$14Mraised▾
#2
Series A · Wenzhou, Zhejiang · founded 2003$13.7Mraised▾
Manufacturer of contact lenses
- Sep 2023Series A$13.7M
#3
Series B · Hefei, Anhui · founded 2019 · 300 employees$14.5Mraised▾
Developer of dental medical devices
- Apr 2023Series B$14.5M
#4
Series D · Minhang, Shanghai · founded 2016 · 91 employees$72Mraised▾
Manufacturer of cardiac medical devices
- Mar 2021Series D—
- Aug 2020Series D$72M
- 2018Series B—
#5
Series B · Shenzhen, Guangdong Province · founded 2016 · 19 employees$6.2Mraised▾
Manufacturer of medical disposables & devices, and wearable medical products
- Feb 2023Series B—
- Jul 2021Series A$6.2M
#6
Series B · Shenzhen, Guangdong Province · founded 2008$56.5Mraised▾
Manufacturer of blood pressure measurement and laser therapy devices
#7
Public · Guangzhou, Guangdong · founded 2010 · 2155 employees$150.2Mraised▾
Provider of integrated online and offline Chinese medicine services. It offers a comprehensive healthcare solution encompassing diagnosis, treatment, and health management. The company utilizes a digital platform to expand access to quality care, connecting patients with a network of practitioners. A key focus is on the training and development of medical professionals through mentorship programs and the standardization of diagnostic procedures. It also develops and distributes proprietary pharmaceutical products.
- Aug 2017Series D$150.2M
- 2014Seed—
#8
Series B · Suzhou, Jiangsu · founded 2013$51.3Mraised▾
Developer of diagnostic products
- Sep 2020Series B$51.3M
#9
Series C · Shanghai, Shanghai · founded 2011 · 500 employees$35.5Mraised▾
Manufacturer of surgical medical devices
- Aug 2020Series C$14.6M
- May 2020Series B$21M
#10
Series B · Tianjin, Tianjin · founded 2010$36.2Mraised▾
Manufacturer of blood monitoring devices
- Jan 2020Series B$21.7M
#11
Series B · Beijing, Beijing · founded 2006 · 125 employees$15.4Mraised▾
Manufacturer of orthopedic rehabilitation devices and other medical equipments
- Apr 2021Series B$15.4M
#12
Series E · Haidian, Beijing · founded 2015$14.7Mraised▾
Manufacturer of arthroscopic devices
- Feb 2021Series E—
- Sep 2020Series D$14.7M
- Aug 2019Series C—
- Apr 2018Series B—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Traditional Medical Devices coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Medical Devices is moving in China
A read on the academic research around Medical Devices — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1,507 China-affiliated papers.
- Beijing Institute of Technology92
- Harbin Institute of Technology72
- Chinese Academy of Sciences65
- National Medical Products Administration59
- Peking University58
- Surgical robot34→82
- Robot36→81
- Surgical instrument1→23
- Medical robotics3→11
- Biocompatible material1→7
- Surgical robot81→143
- Robot80→132
- Medical robotics4→16
- Drug delivery1→12
- Key (lock)4→12
- Surgical robot2→34
- Robot3→33
- Field (mathematics)2→10
- Robotics1→9
- Nanotechnology2→7
Where medical devices is researched across China
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing medical devices patents in China
China medical devices patent filing is accelerating — 55,767 filings from 8,000 assignees (2016–2025), led by Shanghai United Imaging Healthca, Shenzhen Mindray Biomedical Elec, Huawei TECH; annual filings 2339→7886.
- Shanghai United Imaging Healthca2213
- Shenzhen Mindray Biomedical Elec1416
- Huawei TECH1203
- BOE Technology Group1071
- UNIV Tsinghua764
- Lifetech Scient Shenzhen745
- Medtrum TECH612
- Nuctech574
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.