A healthcare unit of General Electric Co has recalled hundreds of incubator-like infant "warmers" in China over safety concerns as Beijing tightens oversight of the country's fast-growing medical device sector.
GE Healthcare recalled 223 of the U.S.-produced warmers after uncovering a potential safety issue that could restrict oxygen supply to the child, the China Food and Drug Administration (CFDA) said in a statement on Tuesday.
An increasing focus on product quality and safety has raised the regulatory scrutiny firms operate under in the market, which analysts and lawyers say would spur an industry shake-out.
"At the end, poor and incapable companies will be eliminated, while large local players can focus their strength on R&D and innovation, perhaps taking over market share from foreign players," said Jason Loh, a Shanghai-based medical expert at research firm SmithStreet.
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