Demand for medical device products surged in 2018 is expected to reach 290 billion yuan

Medical equipment, as a sunrise industry with strong market demand, has developed rapidly from small to large in recent years. Its market scale has maintained a high growth for many years, and the number of products exported and the technological content are increasing. With the obvious improvement of people's living standards and the awakening of health awareness, the demand for medical device products is expected to increase sharply. It is estimated that the market size of China's medical device industry will reach 290 billion yuan in 2018. Let's take a look at the related content with the embedded Xiaobian.

High-end medical equipment demand is booming, the industry market will reach 290 billion yuan

As we all know, the medical device industry is a multidisciplinary, capital-intensive high-tech industry. It mainly involves many technical fields such as medicine, machinery and electronics. Its core technologies cover polymer materials, laboratory medicine, hematology and life sciences. With the strong stimulation of market demand and the strong support of national policies, medical devices have become one of the important indicators to measure the comprehensive strength of a country and the level of scientific and technological development.

It is self-evident that domestic medical device products are in terms of technical level and grade, but also in terms of product function, appearance and ease of operation, and there is a clear gap with developed countries such as the United States, Europe and Japan. In this regard, in May 2015, the State Council issued the "Made in China 2025", which focused on improving the innovation capability and industrialization level of medical devices.

In this development context, the Health Planning Commission and other departments have issued a number of policies to support the localization of medical devices in China. In August 2017, CFDA issued a medical device clinical trial institution to implement “record management”; in September 2017, CFDA released a new “Medical Device Classification Catalogue”; in October 2017, the Central Office of the CPC Central Committee and the General Office of the State Council issued With regard to deepening the comments on the reform of the examination and approval system and encouraging the innovation of pharmaceutical medical devices, favorable policies have been introduced intensively, and the scale of the medical device market is expanding. In 2017, the medical device market continued its high growth trend in recent years, and the industry market scale reached 523.34 billion yuan.

Talking about the long-term development of the medical device industry, the industry unanimously believes that policies, markets and new technologies are still the main factors affecting the development of China's medical device industry. Of course, in addition to the continued efforts of the policy, catching up with the high-end medical device technology level in developed countries, China's medical device companies still need to make great efforts.

In order to make a difference in the field of high-end medical devices, companies must increase their R&D investment levels. The development of new material technologies such as early screening technology, artificial intelligence, 3D printing, medical robots, and graphene will provide more possibilities for independent innovation of medical device equipment. With the aging of the population, the improvement of people's living standards and the strong support of policies, there is still room for growth in the medical device industry in the future.

In general, at present, high-end medical devices in China still have low-end products and product homogenization, and high-end core technologies rely on import and other development problems. Fortunately, at present, the innovative research and development and quality upgrade of domestic medical devices have been upgraded to an unprecedented height – the position of national strategy. The industrialization of medical device localization and the development and innovation of high-end medical device equipment are gradually approaching.

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