The prospect of medical equipment industry is attractive, triggering a wave of merger and reorganization.

Release time:

2018-08-08

Near

In recent years, due to the development of the market and the support of policies, the concept of medical devices in the secondary market has benefited from the high prosperity of the industry, with a strong trend and accelerated rise. Relevant experts predict that in the next few years, China may become the second largest medical equipment market in the world. Therefore, the development of medical equipment has become the focus of attention.
Medical devices refer to instruments, equipment, appliances, materials or other articles used alone or in combination on the human body. The medical device industry involves many industries such as medicine, machinery, electronics, plastics, etc. It is a multi-disciplinary, knowledge-intensive and capital-intensive high-tech industry.
Relevant experts said: the medical device market is one of the fastest growing markets in China's economy, and its industry growth is better than that of the drug market. During the 12th Five Year Plan period, it will maintain a compound growth rate of 20%-30%. Driven by the increase in investment in the construction of the government's medical system, the increasing ability of consumers to pay and health awareness, and the new impetus injected by the reform of the medical and health system, the medical device industry is facing unprecedented opportunities.
According to relevant data, about 15% of the medical devices in China's primary medical and health institutions are products around the 1970 s and 60% are products before the mid-1980s. The process of their upgrading is another process of demand release, ensuring the rapid growth of China's medical device market in the next 10 years or even longer.
In recent years, Chinese and foreign mergers and acquisitions in the field of medical devices continue to illustrate the degree of concern of the medical equipment industry. In January 2013, Stryker, the second largest plastic equipment manufacturer in the United States, acquired Chuangsheng Medical, the largest orthopedic equipment company listed in Hong Kong and China, at a premium of 45.3 at a price of HK $7.5 per share. On September 25, 2013, Stryker announced that it would acquire Mako Surgical Treatment Company and its related core technologies for US $1.65 billion. On the same day, Mako shares rose more than 82%.
In the broad prospects for the development of the medical device industry and the continuous wave of mergers and acquisitions, relevant companies should seize the opportunity, starting from their own, accelerate technological innovation, accelerate the speed of product upgrading, and continue to pour new high-tech medical equipment into the market. Or through mergers and reorganizations, the integration of resources to promote development.

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