magAssist named on List of 2022 Top 100 Emerging Advanced Medical Device Companies in China

Recently, co-hosted by the National Innovation Center for Advanced Medical Devices (hereinafter referred to as the “NMED”), Industry and Information Technology Bureau of Shenzhen Municipality, Development and Reform Commission of Shenzhen Municipality, Shenzhen Science and Technology Innovation Commission, Shenzhen Longhua District Government and Shenzhen Institute of Advanced Technology under the Chinese Academy of Sciences, and supported by the China Association for Medical Device Industry, Chinese Society of Biomedical Engineering and Shenzhen Association of Medical Devices, the National Medical Device Eco Innovation Ecosystem Summit and Project Launch Event was successfully held in Longhua District, Shenzhen. During the event, the list of the 2022 Top 100 Emerging Medical Device Companies in China was formally announced.magAssist was recognized as being one of the Future Stars of advanced medical devices.

The aim of the list to identify promising innovative enterprises in China, and discover the up-and-coming core strengths of the high-end medical device industry, in a bid to promote the rapid growth of innovative medical device enterprises in China and accelerate the innovative reform process of the healthcare industry.

Reportedly, the list is based on assessment through the innovation capacity model, which is composed of five primary indicators and 16 secondary indicators. The five primary indicators are innovation level, patents, registrations, enterprise growth and valuation, while the secondary indicators cover various aspects as company size,team, technological strength, market expectations, company performance, and capital popularity. As one of the MedTech innovators in China, magAssist has the privilege of being selected for the list and will keep forging ahead providing better clinical solutions for our patients and healthcare professionals.