Release date: 2016-10-17
Medical devices, medicines, and medical services are also known as the troika of the medical industry. From the perspective of the degree of national policy promotion, the medical device industry is currently welcoming a rare policy-intensive “promotion periodâ€. The domestic high-end medical device market has entered a development period, but the core technology and services are still the pain points for the development of enterprises.
The medical device market has broad prospects
According to the China Medical Device Industry Market Analysis Report of the Foresight Industry Research Institute, the total output value of medical devices in China is over 5% in the world medical device market. It is estimated that by 2021, the total output value of medical devices in China will be close to 500 billion yuan. Among the companies listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange, there are a total of 35 medical devices and 8 companies listed on the Hong Kong Stock Exchange. Faced with such a huge industry, market competition is increasingly fierce.
Medical device industry policy dividends continue
Since 2013, relevant ministries have issued 18 policy documents to support the development of the medical device industry, such as the "Administrative Measures for the Registration of Medical Devices", "Administrative Measures for the Registration of In Vitro Diagnostic Reagents", "Regulations on the Management of Medical Devices and Labels", etc. In particular, the release of the new edition of the Regulations on the Supervision and Administration of Medical Devices (referred to as the “New Edition of the Regulationsâ€) implemented in June 2014 has, to a certain extent, achieved a policy loosening of the medical device industry and is expected to boost the development of the domestic medical device industry. Take a new step.
There are indications that since 2016, the government has hoped to promote the “localization†process in the field of medical devices, especially high-end medical equipment.
In August, the Ministry of Industry and Information Technology issued the "Notice on Printing and Implementing Five Major Projects for Manufacturing Innovation Centers," which is one of the 11 key areas of high-end equipment innovation projects in the five major projects. It also shows that the localization of high-end medical equipment has become the government's point of strength.
Accelerate the layout of high-end medical device market
The long-term monopoly of foreign domestic medical equipment market has begun to change. China's medical equipment industry has entered the era of gold development, and the development of the industry will usher in earth-shaking changes. Enterprises including Neusoft Medical, Sanofisheng and Guangyao Baiyun Mountain will accelerate their entry into the high-end medical equipment market. It is estimated that by 2020, the medical equipment market will exceed 800 billion yuan. The huge market size has attracted many domestic enterprises to lay out high-end medical equipment.
Under the promotion of relevant favorable policies, the development of the domestic medical device market is expected. In the future, the industry will continue to seek breakthroughs in some key components and core technologies in the field of high-end equipment. Core technology and after-sales service are still the focus of various medical institutions, but also the difficulties that domestic enterprises need to overcome.
Source: Sohu Finance
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