In the next decade, import substitution will become the main theme of medical device industry
-
Last Update: 2020-02-17
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
[pharmaceutical network market analysis] medical devices refer to the instruments, equipment, instruments, in vitro diagnostic reagents, calibrators, materials and other similar or related articles directly or indirectly used for human body, including the required computer software It is one of the important subdivisions of medicine and biology, which can be divided into four categories: high value consumables, low value consumables, medical equipment and in vitro diagnosis Data shows that in recent years, the demand for medical devices continues to grow In 2018, the market size of the global medical device industry was US $427.8 billion, up 5.63% year on year It is estimated that by 2020, the scale of the global medical device industry will reach US $477.4 billion, an increase of about 5.64% year on year With the global medical device Market Outlook continuing to be positive, China's medical device industry has also ushered in rapid development It is understood that in recent years, the annual growth rate of China's medical device industry is about 15%, about double the GDP growth rate in the same period In 2017, the market size of the global and Chinese medical device industry reached US $405 billion and RMB 442.5 billion respectively, and the composite growth rate is far higher than that of the world In general, China's equipment market has performed strongly But in fact, there is still a big gap between domestic machinery enterprises and foreign countries in the aspect of high-end medical devices Some insiders pointed out that more than 70% of the market share of China's high-end medical equipment industry is monopolized by three multinational enterprises, Ge, Philips and Siemens, which are also known as "GPS" Among them, 92% of the market share of DSA equipment is monopolized by GPS Therefore, in order to expand market share and improve competitiveness, import substitution has become an undoubted development trend in the field of medical devices for a long time at present and in the future At present, in addition to the efforts of enterprises themselves, the state has also introduced a series of favorable policies for the medical device industry in recent years, vigorously promoting the vigorous development of high-end medical device industry For example, in made in China 2025, it is proposed to improve the innovation ability and industrialization level of medical devices And the 13th five year plan also clearly points out that in the next five years, we will focus on the development of high-tech diagnosis and treatment equipment and in vitro diagnostic equipment, the development and application of medical accelerator and other treatment equipment, interventional stent and other implant products And the medical device related equipment, medical materials and services are listed in the guidance catalogue of key products and services of strategic emerging products It is reported that in order to improve the realization of domestic substitution, relevant domestic enterprises have been making efforts in technology With the rise of domestic private enterprises, some subdivision products have been able to meet the clinical needs, such as the blood cell market for in vitro diagnosis, and domestic products have begun to have the ability to replace imports But on the whole, domestic and imported products compete in the same platform, and import substitution will still become the main theme of the equipment industry in the next decade Relevant enterprises can make the original products as perfect as possible, occupy the main position of the local market, and gradually move towards globalization; they can also accelerate the import substitution of enterprises through independent innovation, platform layout, extension to the downstream industry chain and other ways But it doesn't work in any way Always bear in mind that the core competitiveness of the enterprise is still the product Only by elaborating on the product can the sustainable development of the enterprise be supported.
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.