China's medical electronics market analysis report: What business opportunities?

The medical electronics industry in mainland China is a sunrise industry with strong market demand. In recent years, the development momentum is good.

(1) Product technology and quality continue to improve.

(2) The number of enterprises has surged. As of the end of 2014, the number of medical device manufacturing enterprises nationwide has rapidly increased to more than 16,000, of which more than 200 enterprises with an output value of over 100 million yuan, 20 enterprises with an output value of over 1 billion yuan, foreign companies and Hong Kong, Macao and Taiwan investment enterprises. The main force that constitutes the industry, its assets account for 43% of the total assets of the industry.

(3) Regional advantages are highlighted. The output value of medical devices and medical device sales in the Pearl River Delta, the Yangtze River Delta and the Bohai Bay region accounted for more than 80% of the national total. The top five regions in terms of sales revenue are Jiangsu, Guangdong, Shandong, Shanghai and Beijing, with a total sales revenue of 60%.

With the continuous development of medical informatization , residents' attention to their own health has been continuously strengthened. In recent years, the medical electronics industry has continued to maintain rapid growth, becoming an important engine for promoting economic growth and stimulating information consumption. As an important medical electronics market in the world, the scale of China's medical electronics industry has maintained steady and rapid growth, and technology and products have continuously made breakthroughs. The industry investment and financing boom has spread from abroad to China. A series of policies to promote industrial development have been launched. Medical electronic devices have been launched. The pace of localization has accelerated and the pace of extension to the grassroots is accelerating. At the same time, new medical models such as smart medical and mobile medical (including smart wearable devices) have begun to be put into practical use, which has played a huge role in the development of the medical electronics industry.

In the next few years, China's medical electronics market will continue to grow steadily, with an average annual compound growth rate of around 20%. China's electronic information industry has "the Pearl River Delta Electronic Industry Circle", "Yangtze River Delta Electronic Industry Circle" and "Circle Bohai Electronics Industry Circle".

From the perspective of the production of medical device electronic components, Shenzhen may have an advantage.

First, Shenzhen has a strong electronics industry and information industry. In addition to its own efforts and the promotion of market demand, the development of medical electronic products in Shenzhen is largely due to the rapid development of Shenzhen's powerful electronics industry and information industry. Because electronic companies have overlapping industrial chains, Shenzhen medical electronics industry can benefit from the rapid development of ready-made industrial chains;

Second, there are many types of medical device products in Shenzhen, and the market share in some product areas is high. Such as medical imaging equipment nuclear magnetic, B-ultrasound, patient monitor, blood cell analyzer, biochemical analyzer, interventional catheter stent, orthopedic products, electronic blood pressure monitor, etc. are the fist products of Shenzhen medical equipment industry ; Exports, some products are in a leading position in the country.

Medical electronics sales growth

In 2014, domestic sales of local medical electronics reached US$14.84 billion, an increase of 22.4% over 2013. It is expected to continue to grow by 22.8% and 23% in 2015-2016, which will reach 182.2 and 22.41 billion US dollars respectively. Among them, portable medical electronic products, sales in 2014 increased by 24.5% to 8.7 billion US dollars, and are expected to exceed 108 and 13.6 billion US dollars in 2015 and 2016 respectively (see Figure 1). The main driving force for the rapid growth of sales of medical electronic products is (1) first of all, China's huge population base, the aging population is increasing rapidly year by year, people's health awareness is constantly strengthening, and the medical equipment industry is experiencing consumption upgrades; (2) government-related The special tilt of medical policy and investment is conducive to the rapid development of the medical electronics industry. (3) Technology upgrades tend to be integrated, networked, digital, intelligent, and remote, which has triggered a new round of rapid growth in medical electronic equipment. (4) The penetration rate of personal and family medical equipment is far lower than that of European and American countries, and the growth space is even greater.

China's medical electronics market analysis report: What business opportunities?

The main driving force for the rapid growth of sales of medical electronic products

The main driving force behind the rapid growth of sales of medical electronic products is:

(1) First of all, China's huge population base, the aging population is increasing rapidly year by year, people's health awareness is constantly strengthening, and the medical equipment industry is experiencing consumption upgrades;

(2) The special inclination of government-related medical policies and inputs is conducive to the rapid development of the medical electronics industry.

(3) Technology upgrades tend to be integrated, networked, digital, intelligent, and remote, which has triggered a new round of rapid growth in medical electronic equipment.

(4) The penetration rate of personal and family medical equipment is far lower than that of European and American countries, and the growth space is even greater.

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