The centralized procurement of dental implants is already in the air, will the price be greatly reduced in the future?

 In recent years, people's living standards have been improved, and the concept of beauty and health has been continuously enhanced, and the demand for dental implants is continuously expanding
.
Data show that in 2020, the scale of China's dental implant market has approached 160 billion yuan
.
However, dental implants are expensive, ranging from tens of thousands of small white teeth to a car or a suite, which brings a heavy burden to consumers.
In addition, the complex market of dental implant consumables and the uneven quality of products make it even more difficult.
Many people stay away
.
For friends who suffer from dental disease, the arrival of the centralized collection of dental implant consumables will be a great boon for them
.
On February 11, a person from the National Medical Insurance Bureau revealed that regarding the centralized procurement of dental implants, in the first half of this year, we will strive to launch an alliance reform of local centralized procurement
.
This also means that the centralized collection of dental implants is already at the ready
.
In fact, pilots have been launched for the centralized procurement of dental implants.
For example, in November 2021, the Sichuan Provincial Pharmacy Bidding and Procurement Service Center issued the "Notice on Carrying out the Information Collection of Some High-value Oral Medical Consumables".
The scope mainly involves oral implant systems such as dental implants, restorative abutments, and implant restoration accessories
.
In addition, Ningxia, Shanxi and other places have also issued similar notices
.
According to the meaning of the national level, the coverage of centralized procurement of high-value medical consumables will be gradually expanded in the future, and the centralized procurement of dental implants that are of concern to the public will be carried out at the national and provincial levels respectively
.
On the whole, it is a fact that the national adoption of dental implants has become a "cure"
.
Judging from the decline in the first six batches of domestically sourced drugs, the average decline in each batch was more than 50%
.
In the two batches of consumables, the average price of cardiac stents dropped by 93%, and the average price of artificial hip joints and knee joints dropped by 82%
.
It can be seen that whether it is medicines or consumables, the decline after entering the centralized procurement is relatively large
.
So, will the price of dental implants be greatly reduced after they enter the centralized procurement? How big can the drop be? Some industry analysts believe that the centralized procurement of dental implant consumables is expected to squeeze out the price moisture, but the specific price reduction rate needs to be determined according to the situation of each province. .
This is mainly because the high cost of dental implants is not only related to the high price of materials, but also related to high added value, which is mainly reflected in the medical service side, including the cost of diagnosis, treatment, other accessories, and doctor's fees
.
Therefore, the person believes that it is difficult to clarify the overall price reduction rate without policy reduction of service charges
.
Some people in the industry also said that from the perspective of admission sales, the purchase price of implants in dental medical service institutions is generally in the range of 500-2000 yuan, while the terminal price of consumers is generally 5000-20,000 yuan
.
It can be seen that the cost of dental implants is not because of consumables, but the actual cost of serving consumers, which accounts for about 75%
.
What is certain is that after dental implants are included in the centralized procurement, the price of the consumables themselves is expected to be further reduced, which is good news for consumers after all
.
After the National Medical Insurance Bureau clarified the centralized procurement of dental implants, the market has also expressed concern about the attitude of related dental companies
.
Among them, Tongce Medical, a large-scale dental medical chain organization in China, said during the institutional survey that the centralized procurement of dental implants affects the cost of oral services.
The company actively responded to industry policies and the common prosperity action, launched low-cost planting business, and promoted Tongce, high, medium and low dental supermarkets.
On the basis of the original business, low-cost planting projects are added to promote the company's share in the low-cost planting market
.
The company's 2021 third quarter performance report shows that its dental implant business accounts for 16.
47% of the entire operating income
.
From the perspective of the industry, implant manufacturers are less affected by the centralized procurement policy.
With the increase in the penetration rate of dental implants in China and the aging of the population, the demand for dental implants will continue to increase in the future.
With the high localization rate and the successful experience of the low-price strategy of Korean brands, local excellent implant manufacturers still have relatively optimistic development prospects
.
Disclaimer: Under no circumstances does the information or opinions expressed in this article constitute investment advice to anyone
.