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Medical devices should break through many obstacles to strengthen the local advantages
- Categories:Industry News
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- Time of issue:2021-04-27
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(Summary description)In the past two years, China's medical device market has been growing at a rate of 25%, far exceeding the 7% growth rate of the international medical device market. By comparing the output ratio of 1:6 for medical devices and pharmaceutical products with the output ratio of 1:1 in the international market, we can see that the potential of the Chinese market is considerable. However, overseas enterprises are more dominant in this industry than domestic enterprises. Domestic enterprises are hindered by many factors. Its constraints not only come from the manufacturing technology strength, but also subject to the long-term "market for technology" mode in the domestic market left a lot of sequelae.
Hospitals are big users of medical devices, and the current domestic hospital rating and approval list the number of imported equipment as a single item, which is taken as one of the inspection items of hospital grade. This "overbearing clause" directly suppressed the development space of domestic excellent manufacturing enterprises, and the situation of "price without market, technology without market" was prominent. If China's domestic manufacturing industry has to endure the erosion of high-quality imports, the unreasonable system is the Chinese market in its own hands.
The unreasonable system is also reflected in hospitals being able to consume expensive imported products at a discount. Medical devices purchased by hospitals are covered by medical insurance reimbursement. Imported products are the key items of medical insurance reimbursement, and the high rebate of imported products is no longer a secret, thus creating a "hotbed" for imported products. There are even a few hospitals in the equipment procurement book named all the purchase of imported products. In the case of immature technology and serious market tilt, the business situation of domestic medical device manufacturing enterprises is more difficult.
Facing such a good development prospect of medical devices, foreign companies are eyeing this fat meat, domestic enterprises should seize the opportunity to develop and strengthen the market share of domestic devices, and should not be seized by foreign companies.
Medical devices should break through many obstacles to strengthen the local advantages
(Summary description)In the past two years, China's medical device market has been growing at a rate of 25%, far exceeding the 7% growth rate of the international medical device market. By comparing the output ratio of 1:6 for medical devices and pharmaceutical products with the output ratio of 1:1 in the international market, we can see that the potential of the Chinese market is considerable. However, overseas enterprises are more dominant in this industry than domestic enterprises. Domestic enterprises are hindered by many factors. Its constraints not only come from the manufacturing technology strength, but also subject to the long-term "market for technology" mode in the domestic market left a lot of sequelae.
Hospitals are big users of medical devices, and the current domestic hospital rating and approval list the number of imported equipment as a single item, which is taken as one of the inspection items of hospital grade. This "overbearing clause" directly suppressed the development space of domestic excellent manufacturing enterprises, and the situation of "price without market, technology without market" was prominent. If China's domestic manufacturing industry has to endure the erosion of high-quality imports, the unreasonable system is the Chinese market in its own hands.
The unreasonable system is also reflected in hospitals being able to consume expensive imported products at a discount. Medical devices purchased by hospitals are covered by medical insurance reimbursement. Imported products are the key items of medical insurance reimbursement, and the high rebate of imported products is no longer a secret, thus creating a "hotbed" for imported products. There are even a few hospitals in the equipment procurement book named all the purchase of imported products. In the case of immature technology and serious market tilt, the business situation of domestic medical device manufacturing enterprises is more difficult.
Facing such a good development prospect of medical devices, foreign companies are eyeing this fat meat, domestic enterprises should seize the opportunity to develop and strengthen the market share of domestic devices, and should not be seized by foreign companies.
- Categories:Industry News
- Author:
- Origin:
- Time of issue:2021-04-27
- Views:0
Information
In the past two years, China's medical device market has been growing at a rate of 25%, far exceeding the 7% growth rate of the international medical device market. By comparing the output ratio of 1:6 for medical devices and pharmaceutical products with the output ratio of 1:1 in the international market, we can see that the potential of the Chinese market is considerable. However, overseas enterprises are more dominant in this industry than domestic enterprises. Domestic enterprises are hindered by many factors. Its constraints not only come from the manufacturing technology strength, but also subject to the long-term "market for technology" mode in the domestic market left a lot of sequelae.
Hospitals are big users of medical devices, and the current domestic hospital rating and approval list the number of imported equipment as a single item, which is taken as one of the inspection items of hospital grade. This "overbearing clause" directly suppressed the development space of domestic excellent manufacturing enterprises, and the situation of "price without market, technology without market" was prominent. If China's domestic manufacturing industry has to endure the erosion of high-quality imports, the unreasonable system is the Chinese market in its own hands.
The unreasonable system is also reflected in hospitals being able to consume expensive imported products at a discount. Medical devices purchased by hospitals are covered by medical insurance reimbursement. Imported products are the key items of medical insurance reimbursement, and the high rebate of imported products is no longer a secret, thus creating a "hotbed" for imported products. There are even a few hospitals in the equipment procurement book named all the purchase of imported products. In the case of immature technology and serious market tilt, the business situation of domestic medical device manufacturing enterprises is more difficult.
Facing such a good development prospect of medical devices, foreign companies are eyeing this fat meat, domestic enterprises should seize the opportunity to develop and strengthen the market share of domestic devices, and should not be seized by foreign companies.
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Relevant Information
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China's medical device market into the era of big shuffle!It is worth noting that China Medical Industry Information Center recently released the "China Health Industry Blue Book (2015 Edition)" (hereinafter referred to as the "Blue Book"), which Outlines the development status of China's medical device industry through full and accurate data, and makes optimistic predictions: In the future, China's medical device industry will grow further and a large number of innovative products will be on the market. Domestic medical equipment will further replace imported products; Internet medical treatment will become a new booster for the growth of the medical device market; The market size will reach 6000.3 billion yuan in 2019. The market expansion has more than doubled in five years, and a large number of innovative products will be launched After the launch of China's new medical reform in 2009, local governments have significantly increased investment in infrastructure construction of grassroots medical and health service institutions. At the same time, the number of visits by health services is on the rise. This makes China's medical device market ushered in an unprecedented era of rapid development. So, how much has China's medical device market expanded in the last 5 years? The blue book gives the answer with statistical data: from 2010 to 2014, the total market volume of medical devices in China has increased from 128.4 billion yuan to 276 billion yuan, with an average annual compound growth rate of 20.8%, which is equivalent to more than doubling the market size within 5 years. The data analysis results from China Medical Industry Information Center also show that among the numerous medical device products, medical imaging diagnosis and treatment equipment, in vitro diagnosis and testing products, high value medical consumables and implants are the main products in China's medical device market. In 2014, these three categories of medical devices accounted for 19%, 16% and 13% of the total sales of China's medical device market, respectively. It is worth noting that the center expects: in the next few years, China's medical market and medical device market will maintain a high growth momentum; By 2019, the scale of China's medical device market will reach 6000.3 billion yuan, with an annual compound growth rate of 16.8%. During this period, as the government departments further strengthen the control of medical costs, the price negotiations in the medical device market will become more intense, and medical device products with high cost performance will have greater competitive advantages. At the same time, more innovative medical device products will enter the market. Old patterns and new forces coexist, and the survival of the fittest is getting worse China's medical device industry started late, for many years there are many small scattered manufacturers, lack of innovation problems. With the rapid development of China's medical device market, whether the old industrial pattern has been changed. Blue book carries on the objective analysis on this: at present, China has a total of nearly 16,000 medical device production enterprises, high risk third type of medical device production, operating enterprises have more than 2600. Based on the total medical device market of 276 billion yuan in 2014, the average income of medical device manufacturers is only about 17 million yuan. This means that at present, most medical device manufacturers in China are small and medium-sized enterprises, and their technology level is low, and they mainly sell their products in regional markets in local areas. However, after the rapid development in recent years, a number of medical device enterprises with considerable scale and competitiveness have emerged in China's medical device industry. According to the analysis results of China Pharmaceutical Industry Information Center, the top three medical device enterprises in China in 2014 are Shandong Weigao, Shenzhen Mindray and Xinhua Medical. Representative enterprises in the medical equipment industry include Neusoft Medical, Shenzhen Mindray, Shangmo Group, Xinhua Medical, etc.; Representative companies in the high-value medical consumables and implants industry include Shanghai Minimally Invasive, Shandong Weigao, Lepu Medical, etc. Representative enterprises in low-value consumables industry include Shandong Weigao, Zibo Shanchuan, Jiangxi Hongda, etc. The representative enterprises of in vitro diagnostic and testing products are Kehua Bio, Da 'an Gene, etc. In addition, diving medical and other enterprises in other medical equipment plate has also achieved considerable development. For medical device companies, M&A is a necessary means to expand scale or cross into new market segments. Blue book analysis points out that in 2014, China's medical device enterprises M&A activity is active. Because the vast majority of enterprises in China's medical device industry are still small and medium-sized enterprises, it is expected tha - Medical devices should break through many obstacles to strengthen the local advantages 04-27
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