Study on the Economies of Scale Effect of Biomedical Industry Agglomeration in the Yanatze River Delta

Abstract

As one of the most active areas in China's economic development, the biomedical industry gathers and develops here, and gradually forms a competitive industrial cluster. As one of the important characteristics of industrial agglomeration, economies of scale effect is of great significance for enhancing industrial competitiveness and promoting regional economic development. This study conducted an in-depth analysis of the economies of scale effect of the biomedical industry agglomeration in the Yangtze River Delta, explored the specific manifestation and causes of the economies of scale effect by sorting out the current situation of industrial agglomeration, and further analyzed the impact of technological innovation, cost saving, market expansion, brand effect, industrial chain synergy and policy support on industrial agglomeration. It is found that the agglomeration of biomedicine industry in the Yangtze River Delta has significantly promoted the expansion of industrial scale and the improvement of efficiency, and has a positive effect on regional economic development.