From 2003 to the present, the domestic medical equipment market compound growth rate of 28%, ranking first in the medical industry. Each of its rapid development and investment promoter. Especially this year, the medical device industry can be said that the investment is surging.
This investment boom caused by medical reasons, summary up, may be the following:
First, the market in a semi-starved state, the export booming. Relative to the pharmaceutical market, the medical device in a relatively backward stage of development. At present, China's medical device market volume of about 100 billion yuan, the ratio is 1:10 with drugs. In developed countries, China upper arm blood pressure monitor this ratio is 1:1, indicating that the Chinese medical device market, the demand side there is huge room for growth. In addition, China's medical equipment used in medical institutions,China basal thermometer manufacturer many of the mid-1980s or the product, now in replacement of the mark. Especially in the current drug development cycle longer the case, the medical device industry by investing in a relatively fast track, and more favored by investors.
For exports, the medical devices are also easier to achieve than the European and American pharmaceutical formulations quality standards. First half of 2011, China automatic digital blood pressure monitor China's medical equipment exports surged 57% year on year, the direct proof of the medical device industry, the advantages in this regard.
Second, China upper arm blood pressure monitor manufacturer the new health reform policy preferences. In the new medical reform, the state health care system for the construction of exceptionally primary importance, but also hopes to reform gradually change the "drug dependent doctors' dilemma. Meanwhile, the state primary emphasis on improvement of medical conditions,China flexible thermometer manufacturer due to the large number of primary health care sector will generate huge demand, which means that medical device industry, there is great opportunity.
China pacifier thermometer manufacturer On the other hand, from the end of last year, with drug prices based health care reform has entered a crucial stage, Drug Development and Reform Commission successive reduction of the maximum retail price and make a lot of pharmaceutical procurement adjustments to the pharmaceutical market with to a large uncertainty, making the pharmaceutical industry profits decreased significantly during the first half of this year. In this case, China basal thermometer the funds do invest will behave more cautiously, it may choose to join the certainty of the medical device market is relatively large, thereby increasing investment in the heat of the medical device industry.
Third, follow the "five" promote the general trend of escalation. Countries are currently promoting the manufacturing industry to upgrade medical equipment as part of high-end manufacturing will naturally benefit from the national policy and the development of upstream and downstream manufacturing equipment. China's current production of medical equipment on their own more focused on the conventional varieties of low-end market consumption, CT, MRI, PET market high value-added large-scale equipment was almost GE, Siemens, Philips and other foreign companies to monopolize. If the localization of high-end products to achieve the one hand, will reduce the price of related products, on the other hand but also conducive to the popularity of market applications. However, competition in the high-end products, domestic enterprises in a very vulnerable position. Nevertheless, we have high hopes, because the Chinese medical device industry concentration is low, but also for industry consolidation and restructuring to create many opportunities. In the "five" period, the medical device industry, M & A activity to be substantial, the capital will bring endless imagination.
The reason is so full, people can not deny the inevitable investment in thermal generation. But many years of observation and experience tell us, should be timely to do some "cool reflection."
Investment in medical device industry bring new capacity often, these products can have more concentrated in the lower end, while the high-end products or high value-added products (such as high-end design, new materials, etc.) is only the ornament. Therefore, the production efficiency will undoubtedly become the problem: First, whether there will be supply-side low-level duplicated construction; Second, the demand side, although the primary health care sector the demand for medical devices is real, but the state will be how speed to advance with medical devices is still unknown, after all, this requires substantial financial resources to pay; third, the pharmaceutical market has exposed price risk, price risk policy is the same in the medical device industry there; fourth, although strong medical device industry, is currently exported, but with the appreciation of the RMB and domestic raw materials, rising labor costs, export competitiveness is likely to be weakened.