Nearly ten years of China's medical device industry interpretation of the four major changes

A few days ago, in the academic forum held at Shanghai Jiao Tong University, the participating experts comprehensively reviewed the development of China's medical device industry, and discussed the future development of the medical device industry and the need to deal with the problem. China Medical and health products import and Export Chamber of Commerce Director of the medical equipment department, Cai Tianzhi as a guest expert, in more than 3 hours of lectures to share his understanding of these issues. This paper retrieves the part for discussion.

As a sunrise industry, the market demand is very strong, the medical device industry in recent years, the development of good momentum. In 2007, China's medical device output value in the gross domestic product (GDP) in the proportion of 0.24%; in 2011 increased to 0.29% - although the proportion is not large, but has been a rising trend. 2012, China's medical device industry output value is expected to exceed 170 billion yuan.

Change a technology and quality improvement

For nearly a decade, China's medical device products technical structure and the quality of the products have undergone significant changes, patient monitoring products, medical imaging devices, clinical laboratory equipment and minimally invasive interventional products in the field of the treatment is particularly evident. And our country appeared stereotactic focused ultrasound therapy system, excimer laser eye aberration correction system, body rotating gamma knife, sleep monitoring system, a number of completely independent intellectual property rights of innovative products.

Changes in the number of enterprises surge in two

The quantity of China's medical equipment manufacturing enterprises is rising year by year: 2010 14337, which a class of medical equipment production enterprise 4015 home, second class medical device manufacturing enterprise 7906, 2416 three types of medical equipment production enterprise, national and provincial key regulatory enterprise 1863. As of 11 at the end of 2012, the number of medical device manufacturing enterprises increased rapidly to more than 1.6, state-owned enterprises, foreign enterprises and joint ventures, private enterprises accounted for 3%, 37% and 60%. Among them, the output value of billions of dollars the company has more than 200; output value of over 10 billion yuan enterprises with less than 20 and foreign-funded enterprises, joint ventures accounted for the vast majority. 2011 statistics show that foreign and Hong Kong, Macao and Taiwan investment enterprises constitute the main force of China's medical device industry, which accounts for 43% of the total assets of China's medical equipment industry.

Change three regional advantages highlighted

The Pearl River Delta, Yangtze River Delta and ring Bohai Bay region rely on area industrial technology, technical personnel, basic and clinical medical and policy advantages, and gradually developed into China's medical device industry three gathering areas. The sum of the value of the three regional medical devices and medical equipment sales accounted for more than 80% of the national medical equipment production value and total sales.

The common point of these three regions is a medical device having a relatively strong support foundation industry, electronic industry, machinery and equipment manufacturing industry, chemical industry is relatively strong, easy to carry out technical cooperation and supporting products at home and abroad; the transportation is convenient, has a number of international level of the port, to carry out technical exchanges and trade; higher education institutions and high knowledge and high technical personnel is relatively concentrated, there is a strong potential of talent resources and technological development potential; medical research and clinical medicine level higher than other areas, three hospitals gathered, clinical trials and clinical evaluation of new medical devices are very strong; have strong financing channels, including state-owned capital private capital and foreign capital.

Change four acceleration of mergers and acquisitions

Enterprises through mergers and acquisitions and more focused on a particular segment or take a diversified development of the road, is a major trend in the medical device industry. Since 2010, China's medical device industry mergers and acquisitions significantly accelerate. These mergers and acquisitions to follow the pattern of three: 1 focus on market segments, the achievements of leading subdivision; 2 through mergers and acquisitions to expand, become a comprehensive giant; 3 with scientific and technological advantages, to achieve integration of medical and electrical. For example, Shenzhen Mindray, Weigao, diving medicine, Lepu medical has been through joint ventures, acquisitions to diversify, becoming a leader in the integration; minimally invasive medical, Kanghui, trauson medical, andon health, Yang Pu medical, Xinhua medical is segments of the leader.

(source: China Medical Journal)