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    Home > Active Ingredient News > Drugs Articles > What is the second half of the medical device market? Industry: The big probability will continue to be good.

    What is the second half of the medical device market? Industry: The big probability will continue to be good.

    • Last Update: 2020-08-06
    • Source: Internet
    • Author: User
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    Pharmaceutical Network Market Analysis: As of July 27, Wind data show that 38 of the 69 medical device companies have announced their 2020 mid-year results.
    , 29 enterprises are expected to increase net profit in the first half of 2020 compared with the same period, nearly half of enterprises net profit growth of more than 100%, 3 expected net profit yoy unchanged or decreased, only 6 expected net profit year-on-year decline.
    of the 29 companies whose net profit rose in the first half of 2020 compared with the same period, Inco Health was at the top of the sector.
    's 2020 half-yearly report shows that in the first half of this year, British Health care is expected to achieve a profit of 1.9 billion yuan to 2.1 billion yuan, an increase of 2581.8 percent to 2864.1 percent over the same period last year.
    it is understood that due to the special period, The sale price of British Medical disposable protective gloves products has increased significantly, making the company in the first half of this year sales revenue and gross margin have increased.
    , Zhende Medical, Oriental Bio, Da'an Gene three medical device companies followed closely behind, and the first half of the net profit growth is expected to be capped at more than 1200%.
    profit growth is also mainly affected by the special period, domestic and foreign medical protective supplies demand is huge, while related enterprises can also provide adequate production capacity.
    So, what about the second half of the year's medical device market? Industry insiders said that the second half of the market will continue to be good, because the foreign market demand for ventilators and other medical devices is still huge, and most of the listed medical devices listed in the Ministry of Commerce list.
    " the second half of the year, although the country in the medical device industry to promote collection, but mainly for high-value supplies, the impact on multinational enterprises is greater.
    " benefit from the development of the economy, increasing health demand, China's medical device market prospects are broad.
    According to estimates by the Medical Equipment Research Institute, the size of China's medical device market in 2018 is about 530.4 billion yuan, up 19.86 percent year-on-year, and the compound growth rate of China's medical device industry has remained at about 15%.
    combined with the good prospects of the industry, forward-looking estimates, 2020 China's medical device industry market size may exceed 700 billion yuan.
    on ventilators, the data show that in 2018 China's medical ventilator market size reached 2.43 billion yuan, the annual growth rate of about 15%.
    since 2020, with the construction of icu, the total incremental demand for ventilators is expected to be 15,342 by 2020.
    domestic ventilator manufacturer Meirui Medical recently released the 2020 half-year results forecast shows that the first half of 2020 is expected to achieve operating income of 98.47 billion yuan to 10.667 billion yuan, up 20% to 30% YoY;
    industry noted that Murray Healthcare reported a significant increase in earnings, slightly exceeding market expectations.
    look at the domestic hospital and department construction equipment demand in the medium and long term.
    short-term import substitution, long-term look at global competitiveness.
    continue to be bullish on the company's development potential.
    another medical device company, Fish Leap Medical, has issued a half-yearly earnings revision announcement, the first half of the net profit is expected to be 1.067 billion to 1.120 billion yuan, up 100%-110% year-on-year.
    it is understood that since this year, the company's overseas business in the ventilator, temperature gun demand growth more, orders around the world.
    the first half of the fish jump medical completed a large number of domestic and foreign anti-epidemic products orders delivery work.
    industry believes that from the medium-term impact, the hospital ICU ward construction is expected to pull the company's medical-grade medical equipment demand, is expected to be in the later ICU ward construction to promote, or increase the configuration of related medical equipment, especially the hospital will expand the number of beds and non-invasive ventilator configuration, to meet the hospital's emergency capacity and patient transport, medical ventilators are expected to benefit.
    it is worth mentioning that medical devices due to the technical barriers are relatively high, CT, MRI, ventilators, anesthesia machines and other large equipment, especially high-end medical equipment is still mainly imported products, although the current trend of import substitution, but the industry believes that a long distance from comprehensive, rapid import substitution still need a certain amount of time of technical accumulation.
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