At present, the domestic medical device industry is facing opportunities for localization, and there is great potential for the development of high-end medical devices, which is expected to become the next "trend" in the capital market.
The China Medical Supplies Association recently released the "2014 Blue Book on the Development of China's Medical Device Industry", pointing out that there is currently a large volume of low-end medical devices in the lower tier medical market. The government's policy of prioritizing the acquisition of domestic medical devices in the lower tier medical market has given our local company an advantage, and domestic medical devices will become the main player from a secondary role in the next two to three years.
Data shows that China's medical devices have been developing rapidly in recent years, with sales increasing from 17.9 billion yuan in 2001 to 255.6 billion yuan in 2014. In 2014, there was a year-on-year increase of 20.06%, of which hospitals sold 19.94 billion yuan, accounting for 76.09%; The sales volume through e-commerce channels in retail malls reached 15.8 billion yuan, accounting for 25.82%.
Bai Yu, the president of the Medical Device Branch of the China Medical Supplies Association, stated that the increase in online sales of medical devices is very rapid, and it can be speculated that domestic medical devices will become the main player from a secondary role within 3 years. Bai Yu stated that the quality of domestic medical devices is becoming increasingly stable and affordable, resulting in a rapid growth in online sales. "Currently, the competition between domestic and imported medical devices is like that of household appliances more than a decade ago, and soon domestic brands will stand out
After the development of domestic medical devices, the momentum is weak. In 2014, there were more than 30 cases of medical device professional investment and mergers and acquisitions. At present, the domestic medical device industry is facing opportunities for localization, and there is great potential for high-end medical devices to go "GPS", which is expected to become the next "trend" in the capital market. From the perspective of increasing localization rate, there is still infinite room for improvement in the high-end impression diagnosis equipment and in vitro diagnosis category with low market share of domestic companies.

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