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China: Delivering the Next Wave of Orthopaedic Growth

STRATEGY SESSION ROOM  | Wednesday, June 13 | 2:45 pm - 3:45 pm
Speaker: Stephen Sunderland, Managing Director, L.E.K. Consulting

 

   Level/Participant 
    While all attendees will benefit from this session, the check marks indicate the skill level and roles that this session targets.
 
    Beginner  |   Intermediate  |  Advanced
 

   √ Manufacturing
√ Product Management
 Purchasing
 Quality Control
 √ Regulatory/Clinical Affairs
 Research/Development/Design
 Supply Chain Management
 

 


Description


China’s orthopaedic market was ~$3 billion in 2016 and is on track to double in scale every five years, with no signs of let up as the government drives its Healthy China 2030 agenda. The dynamics in orthopaedics are nonetheless challenging for multinational manufacturers, and the field of play is constantly changing. Among the challenges that multinational manufacturers face are intensified competition from domestic companies, downward pricing and regulatory shifts in the supply chain. This session will bring participants up to speed on the latest sweep of changes seen through the eyes of an experienced medtech specialist who is based in China.


Attendee Takeaways

  1. Overview of China market
  2. Understanding of the regulatory landscape, including changes made in the last year
  3. Understanding of commercial and go-to-market dynamics in China’s orthopaedic marketplace
 

 


Bio

Sunderland 200x200Stephen Sunderland has 17 years as a strategy advisor working with L.E.K. Consulting in China and Europe. His focus is on healthcare, and in particular the medtech and healthcare services sectors. He has provided pragmatic advice on organic growth strategies as well as input to partnering and M&A. He has worked with some of the largest and most complex enterprises in the world, as well as trade bodies, nonprofits, mid-caps and startups. Mr. Sunderland’s perspectives on the healthcare industry in China have been featured at MEDTEC Shanghai and the Healthcare Capital and Connections Summit, as well as published in various journals including In Vivo, China Economic Review, Healthcare Business International and BONEZONE and ORTHOKNOW. Mr. Sunderland joined L.E.K. in London in 2001 and has supported the growth of L.E.K.’s business in China since 2005. He holds a Master’s in Manufacturing Engineering from the University of Cambridge.

 



Related reading from BONEZONE®: 
China: Do You Need to Revamp Your Customer Channel? | China's Directives Set to Reshape Orthopaedic Market