The future medical device consumer market will further expand


Release time:

2018-08-08

Of the medical instruments and equipment owned by 175000 medical and health institutions across the country, about 15% were products around the 1970 s and 60% were products before the mid-1980s. This also indicates that they need to be updated, and in this process, it will ensure the rapid growth of China's medical device market in the next 10 years or even longer.

Of the medical instruments and equipment owned by 175000 medical and health institutions across the country, about 15% were products around the 1970 s and 60% were products before the mid-1980s. This also indicates that they need to be updated, and in this process, it will ensure the rapid growth of China's medical device market in the next 10 years or even longer.

From the behavioral analysis, it can be seen that the new medical reform is mainly serious illness medical insurance and public hospital reform. The public hospital reform will inevitably increase the demand for medical devices. At the same time, behind the rapid growth of the aging population, there is a market space of up to one trillion yuan for the elderly care industry, and the aging society The biggest demand is not cars or other consumer goods, but high-quality medical care, and the medical device consumer market is bound to further expand.

In the final analysis, the new medical reform is actually to solve the problem of difficult and expensive medical treatment for the people. Therefore, in addition to strengthening and expanding the coverage of urban and rural medical insurance, and increasing the reimbursement amount of serious illness medical insurance, it is necessary to further promote the management and treatment concept of front-line hospitals and medium and high-end medical equipment to urban and rural areas. The new medical reform has clearly stated that the country will increase the public health system, urban communities, and rural grassroots medical and health construction. In the next few years, the primary medical institutions in the second and third tier counties and towns will be the top priority of China's medical device market, including the economically backward areas such as the central and western regions.

From the experience of the past few years, whether it is the real estate industry or the automobile industry, because the industry has a keen sense of smell, foreign capital can always deploy in advance. In addition to Medtronic's acquisition of two Chinese medical device companies this time, foreign medical device companies such as GE, Karl Storz and Covidien will also plan to gain sales channels through the acquisition to go deep into the Chinese market, actively promote research and development in China or add related projects, etc., in order to improve its strength in China, it will not rigidly adhere to the high-end equipment field, but also explore the Chinese primary medical device market, even determine the low-end products for the market target. From the perspective of foreign investment, it also confirms the prospect of medical devices.