Although the rapid development of China\\ s medical device industry, prospects, but experts believe that if China\\ s medical device companies can not break through the current development of some of the bottlenecks will be opportunities for economic development. According to the statistical report, in the next few years, global medical device market will be 4% to 6% growth in 2011, the global medical equipment market will reach $ 312 billion. China\\ s medical device market in 2010, topped 100 billion yuan, becoming the world\\ s second largest after the U.S. medical device market.
First, the number of medical device companies, small scale, weak competitiveness
And China\\ s pharmaceutical industry is similar to China\\ s medical device industry, there are number of small scale, industry concentration is low, inadequate investment in research, innovation, low problem. Jiang Feng said that although the number of medical device companies are more, but ninety percent of small businesses, selling billions of dollars of business a few, most companies can only survive in the market for low-end, or to provide spare parts for foreign companies .
Experts believe that the medical device industry is a multi-disciplinary, knowledge-intensive, capital-intensive high-tech industries, high barriers to entry, our businesses must be talent, capital, technology, management, reinforce their own strength, can stand in the competition position.
Second, the domestic medical equipment is not high tech, high-end market occupied by foreign companies
Statistics show that China-made high-end medical device market share in less than 1 / 3, the product life and product quality with the foreign companies have a certain gap. From 2010, China\\ s medical device market, the basic composition, high-end products make up only 25%, while the low-end products accounted for 75%. The other hand, the international medical device market, the high-end products are generally accounted for 55% of the share of low-end products make up only 45%. Although China\\ s one-time supplies, dental materials, wheelchairs, medical supplies and surgical dressings and other products popular and dependable capacity ranks first in the world, but there is no doubt that these products are low value-added, high energy-consuming products.
Chinese Medicines and Health Products Import and Export Chamber of Commerce, said medical director Cai Tianzhi, and foreign medical device companies, domestic medical device companies vulnerable obvious. For CT equipment, for example, in 2010 GE, Siemens, Philips, Toshiba, Neusoft and five companies account for the domestic market share up to 92%; MRI equipment, GE, Siemens, Philips three occupy more than 50% domestic market share .
Third, the shortage of funds, and financing difficulties
Jiang Feng said China\\ s medical device companies less physical capital, asset less, causing a serious shortage of R & D investment, accounting for only 3%. Within the main source of domestic finance companies, especially small and medium private enterprises apply for grants and loans more difficult, basically there are no other financial support for science and technology. VCs are also a lot of problems, such as the PE-based, short-sighted behavior, mostly oriented rather than technology-oriented market; lack of real venture and angel capital; single exit channel, resulting in extensive use for gambling strategy, corporate executives overwhelmed, poor sustainability performance, reduce R & D and other long-term investment.
Therefore, experts suggest that, in order to guide the Ministry of Science and Innovation Fund to mobilize social capital to participate in the establishment of professional industry fund independent projects with the Ministry of Science and matched to support business innovation and development. At the same time, recommended the establishment of specialized medical equipment results into evaluation platform, with the financial services technology. In addition, local governments and Technology Park should support leading enterprises in the field of mergers and acquisitions, and promote the formation of industrial clusters.
Medical Devices extend to the multi-
Medical device market will diversify product mix. In recent years, with economic development, people\\ s lives become more affluent, the nation\\ s demands for the quality of their own health is also increasing the demand for increasingly diversified medical device, which promote medical products in China gradually extended to the multi-direction, the product structure constantly adjust the market is expanding, the market will be large numbers of home-based, portable, network-based home medical electronics equipment product.
Multinational companies to enter the domestic market accelerated. In order to further expand the potential of the huge Chinese market, take advantage of China\\ s labor resources, multinational companies will set up production bases in China to increase research and development institutions, in order to achieve the development, production and sales of local integrated operation. Such as, GE has been set up in Shanghai and Beijing production, R & D institutions, in our whole field of high-end medical equipment market share of about 50%. Siemens, Philips, Toshiba and other companies are also increasing investment in China, in addition to high-end Chinese medical device market competition, but also some rather trying to expand the potential of low-end market. Jiang Feng believes that with the Chinese medical device market, the further development of multinationals will further increase investment in the Chinese market will be through mergers, direct factories, means of further expanding the product line for the domestic market share, China\\ s various types Medical companies will face huge challenges.
Foreign capital will further enter the Chinese market. At present, more and more difficult in new drug development, cost, and cycle continues to improve, extend, continue in the latter part of the drug failed clinical trials, for the health industry, investors and operators are beginning to focus into the field of medical devices, quality resources in a battle of medical devices are quietly set off the wave of mergers and consolidation, medical diagnostic technology and services are becoming a hot investment and mergers and acquisitions.
Medical device market ushered in a favorable development opportunities
China\\ s medical device market has developed rapidly in recent years. According to the China Medical Device Industry Association statistics, the end of 2010, China\\ s medical equipment related to the number of over 14,000 enterprises, of which 99% of non-public economy type. Medical device industry sales in recent years, the average growth rate of more than 20%. In particular, low-end medical devices in a variety of products (such as sanitary materials, disposable hospital supplies, infusion, B-, ventilator, general surgical instruments like surgical instruments and laser, etc.), China\\ s output ranks first in the world.
Increased demand in emerging markets, reducing the need for hospitalization and the arrival of aging society, but also to the domestic medical equipment industry provide a strong impetus.
Cf international medical device market, China\\ s medical device industry still have a huge space. Ministry of Science and medical device industry technology innovation strategic alliance chairman, China Medical Device Industry Association vice president Jiang Feng said that in developed countries, the output value associated with the health industry accounted for 8% -15% of GDP, while China accounted for only 2% ; equipment and drugs in the market share, the developed countries of about 1:1, 1:3 in China, accounting for less than equipment; in the global market share, 72% of U.S. and Japanese Alder, China accounted for only 5%; domestic market share, the developed countries accounted for 70%, China 30%.
Technological progress and upgrading of equipment, but also will bring to market demand. Analysis of industry experts, along with technological progress, China\\ s medical device product structure will be adjusted, medical device functions from a simple diagnosis, treatment, laboratory-based to diagnosis, treatment, testing, analysis, rehabilitation, physical therapy, massage, health and other multi- extension of medical devices will continue to adjust product structure, so the market continues to expand. Meanwhile, with the continued use of our high-tech, medical devices so that the sensitivity, applicability, early diagnosis, trace analysis, diagnosis and treatment of the specificity and efficiency, etc. has been greatly improved, which is bound to promote the early retirement of a large number of old products and trigger a new medical device market.
In addition, the next few years, China\\ s procurement of medical equipment, medical equipment will give priority to domestic procurement. According to the Ministry of Health Planning and Finance Deputy Director Liu Diankui said, \"five\" will be in China during the economic means to effectively guide the medical use of domestic medical equipment. Ministry of Health\\ s focus on the current procurement projects, the successful devices are made based, in the future development of primary health care institutions in the device configuration standards and arrangements for equipment investment, it will adhere to the relatively low domestic prices as a basis for estimates of medical devices, prompting priority over domestic procurement of medical equipment.
Home medical equipment, very substantial. At present, China\\ s medical device market share of home medical equipment products is too low. According to statistics, the 2010 national total sales of home medical equipment products is only 14 billion domestic medical equipment market, accounting for only 14% of total sales, while in foreign countries this proportion is generally about 25%. Thus, home medical equipment products in China is still a huge space for development.