National policy promotes industrial development
The statement points out that in recent years, China has continuously strengthened its emphasis on the healthcare industry and increased its investment in healthcare. According to the "Healthy China 2020 Strategic Research Statement", seven major medical system critical projects involving up to 400 billion yuan will be launched in the next eight years. In the 400 billion yuan investment plan of the Ministry of Health, 109 billion yuan will be used for the construction of county hospitals. It can be seen that in the next few years, there will be infinite market space for medical devices in China's lower level medical field.
The need for economic development and health awareness promotion
As everyone's living standards improve, they also need to make corresponding progress in healthcare. According to the statement, medical devices are an important component of healthcare and serve as auxiliary equipment for disease diagnosis and treatment. Therefore, the demand for medical devices will also increase accordingly. In addition, people are paying more attention to the prevention of diseases. Through instruments such as blood pressure monitors, thermometers, and blood glucose meters, the body's targets can be quickly grasped, and diseases can be prevented and treated in advance.
The export demand has infinite potential
The statement states that in recent years, the domestic demand for medical devices has been increasing rapidly, and exports are also constantly increasing. With the continuous improvement of China's medical device technology, the cost advantage is gradually emerging, which can make it more competitive under the same quality conditions and promote sustained and rapid export growth.
According to the data presented, the total trade volume of medical devices in China reached 34.31 billion US dollars in 2013, an increase of 14.13% year-on-year and 1 percentage point higher than in 2012; Among them, the export value was 19.335 billion US dollars, an increase of 9.92% year-on-year, a decrease of 2 percentage points compared to 2012; The import value was 14.975 billion US dollars, an increase of 20.07% year-on-year, and an increase of 5.5 percentage points compared to 2012; The trade surplus was 4.36 billion US dollars, a year-on-year decrease of 14.8%.
Expanding shopping malls due to aging population
Disclaimer: The worsening aging population has led to a significant increase in the number of elderly people, and there is also a higher demand for elderly healthcare. Diseases related to the elderly, such as hypertension, diabetes and other serious problems, should also be used together with the development of advanced medicine. At that time, the number of patients with diabetes and hypertension in China exceeded 100 million and 300 million respectively. Even if an average number of people needed a set of corresponding blood glucose meters and blood pressure meters, the size of this market was immeasurable.
The product is outdated and needs to be updated
China's medical equipment urgently needs to be updated and upgraded. According to statistics, about 15% of the medical equipment in China's lower level medical and health institutions is from around the 1920s, and about 60% is from the mid-1980s. The statement states that there will be a need for many new medical devices during product updates, and this result will gradually be reflected in the next five to ten years.

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