Behind cross-border companies entering the medical device industry, opportunities and challenges remain

"Pharmaceutical Network Market Analysis" According to tian-eye inspection app shows that on October 26, Tianjin Gree Xinyu Medical Equipment Co., Ltd. was established, the registered capital of 50 million yuan, the new company is a wholly owned subsidiary of Gree Electric.
its business scope includes: the operation of the third category of medical devices, the production of the second category of medical devices, the production of the third category of medical devices, the production of disinfection equipment, disinfection equipment sales.
also means that Gree officially cross-border into the medical device equipment industry.
Behind the entry of cross-border companies into the medical device industry, opportunities and challenges remain (Photo: Pharmaceutical Network) In fact, the demand for some medical devices has increased significantly since the beginning of this year due to the special period, and against this background, some non-medical companies have also been attracted to cross-border access to the medical device market.
In addition to Gree, for example, on September 17th, Yan Health Technology (Shanghai) Co., Ltd. was established, which is wholisted by Hangzhou Amy Network Technology Co., Ltd., a multi-company affiliate, and on June 4th, e-commerce platform Suning Tesco signed a contract with Fish Leap Medical Strategy to build in-depth pharmaceutical O2O and strengthen cooperation in logistics storage services, health care and other fields.
at the same time, cross-border capital is also entering.
For example, on October 28th, Jiangsu Yi shadow medical equipment Co., Ltd. received 35 million yuan in round A financing, which was led by Fosun Pharma, Xiamen Saixin and old shareholder Blue Bay Capital.
that this round of financing is mainly used for orthopaedic surgery imaging equipment in the field of new product development and market development.
in the cross-border enterprises continue to enter, the capital continues to add code behind the field of medical equipment, is the industry is favored by the huge space for development.
this year in the test of the epidemic, domestic medical device enterprises in the domestic and international market brand influence and awareness has been greatly improved.
follow-up related good policies also support the development of the domestic medical device industry, the future with the aging and people's health care and quality of life requirements gradually improve, China's medical device market has great potential.
addition to domestic equipment enterprises continue to deep-plough technology, increase research and development innovation, the pace of domestic alternative imports is expected to accelerate, will have more opportunities to compete with imported equipment in the international market.
, China's medical device market is still in a rapid development stage, with a compound annual growth rate of more than 20%.
forecast that the market size of China's medical device industry is expected to exceed 600 billion yuan in 2019.
2020, China's medical device market size will be close to 800 billion yuan, the market development space is broad.
But also need to see that The development of China's medical device industry still faces many challenges, including small, scattered, chaotic situation, the market products are still mainly in the middle and low end, in the production technology, equipment level, production technology and other aspects compared with foreign products there is a large gap.
high-end market, domestic high-end products accounted for about 25% of the share, 70% by foreign investment.
compared with domestic enterprises, foreign-funded enterprises have more advantages and competitiveness in technology and quality, especially in areas with high technical barriers such as medical imaging equipment and in-body diagnostics, and foreign-funded enterprises have a market share of more than 75%.
It can be seen that although the domestic medical equipment industry has the potential for development, but also need to make breakthroughs in key components, core technology, high-end innovation and so on, to speed up the complement of domestic high-end medical equipment short board, to achieve high-end medical equipment independent control.
Some industries believe that we should give full play to the institutional advantages and super-large-scale market advantages, adhere to the market in the allocation of resources play a decisive role, with enterprises as the main body, clinical needs as the guide, strengthen medical coordination, strengthen international cooperation, strengthen artificial intelligence, 5G and other new technology applications, open a new chapter of advanced industrial base, industrial chain modernization, precision of medical services, promote high-quality development of high-end medical equipment industry, better meet the growing needs of the people.
also called for the continuous improvement of local medical devices innovation and research and development strength, while strengthening cooperation with international enterprises, so that domestic devices further towards the high-end.
" informationization and networking trend will lead to the growth of demand for high-level medical equipment.
," the person said.