Although China is becoming a more desirable place to invest, the nation's medical equipment market has not kept up. Nevertheless, the health technology sector is becoming more and more relevant as more people realise how important it is to invest in it. Like a literature review, a number of publications provide useful details on the investment climate and business environment in China for medical devices. There is a dearth of literature on investments in the medical device industry and related technology. The notion of technology investment is based on concepts related to foreign investment. Companies in the healthcare industry must have clear regulations on the procurement of medical equipment since the Chinese government is now spending more money than it has in the past on healthcare. Investments in medical equipment was be given more attention in future business studies. When it comes to medical device law, the new Chinese limits that were put into place in 2014 get very little attention. For individuals who are interested in investing in China's medical device business, researchers provide this advice to help investors comprehend the distinctions between the country's past and current medical device laws. The objectives include insights, investment viability, and the major industry drivers. This research introduces a novel strategy to the medical device market by using location quotient. Even though the Chinese healthcare product market is among the most dynamic in the world, this research offers a plethora of important information.