Five speculations on the prospects of China's medical device industry in 2015

2025-01-07 104
Firstly, the career development will continue to maintain a relatively high growth rate. As a multidisciplinary profession, the industrial extension of medical devices is constantly expanding, which will bring new market opportunities. The arrival of an aging population and the improvement of consumer skills will further stimulate demand in the market, leading to a higher growth rate in career development. Compared to developed countries, China's drug to equipment ratio is still relatively high, and there is still ample room for the growth of medical devices.
Secondly, the concentration of shopping malls continues to increase. Due to the increasingly perfect professional regulations, stricter supervision, continuous bidding in various provinces, and intensified competition in domestic and foreign shopping malls, a batch of products were eventually eliminated from the market.
Thirdly, domestic medical equipment will occupy a higher market share. Against the backdrop of top-down support from the government for domestic medical equipment and the opening of green innovation channels, domestic medical equipment will have more say in future public hospital acquisitions and shopping malls. The concept of "domestic production" is expected to include several factors, such as production location in China, high share control by domestic capital, and material procurement based on domestic conditions.
Fourthly, the bidding and price reduction of high-value consumables will become a mainstream trend. At present, 10 provinces and cities in China have conducted consistent high-value consumables bidding, and price reductions have gradually become mainstream from top to bottom. In particular, the National Clean and Family Planning Commission has implemented the "Ningbo Rules" for consumables bidding nationwide. Once fully implemented, this will have a huge impact on the profit growth of many companies.
Fifth, the Internet will become an important way to sell medical devices. With the advent of the mobile Internet era, more household medical devices will be sold through the Internet, and the share of e-commerce sales will continue to increase, but the profitability of e-commerce is still difficult to be effectively guaranteed in the near future.

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