The medical device industry "inside and outside the source" investment potential to be explored

The number of primary medical institutions in China has increased, the number of medical treatments has increased, the demand for medical devices and related products driven by standardization and improvement of facilities has increased, and the coverage of medical insurance has increased, the society is aging, and the awareness of national medical insurance has increased.

The medical device industry is a high-tech industry characterized by multidisciplinary, knowledge and capital intensive areas, covering not only medicine, biology, optics, machinery, but also electromagnetic, polymer and so on. In China, the industry started from the founding of the country. In recent years, it has been benefiting from the expansion of consumer groups and policy support. It has gradually increased in proportion to the gross national product, and the scale of the industry has also risen steadily. According to the data of the High Technology Division of the National Development and Reform Commission, as of September 2011, the total output value of China's medical device industry reached 95.544 billion yuan, an increase of 26.6% over the same period. In the medical reform policy introduced by China in 2012, although the medical device field has not specifically proposed specific support clauses or requirements, the prospects in this field have not been restricted or affected. It can be said that the status quo and characteristics of China's medical device industry determine that it can be linked to its related fields in the medical field, and then demonstrate its potential in the new round of medical reform.

The export volume of medical equipment and equipment in China is expected to increase steadily in the next few years.

China is the world's major production and import and export base of medical devices, and the output of a variety of low-end medical device products ranks first in the world. Although the overall situation of China's import and export in recent years is not optimistic, medical trade may benefit from its rigid demand characteristics without being adversely affected. According to the data of the National High Technology Department, from 2007 to the third quarter of 2011, although the export value of China's medical equipment and equipment manufacturing industry fluctuated slightly during the same period, the overall development was stable, accounting for the national export value of industrial enterprises above designated size. The ratio is also rising steadily. The top five export products are medical diagnostic and therapeutic products, health and rehabilitation products, disposable consumables, medical accessories, and oral equipment and materials.

According to the statistics of the database, there were 11 investment cases disclosed in the medical device industry in the first half of 2012, with a total investment of 1.9 billion US dollars. Among them, there are not a few investments in the research, development, production and sales of low-end medical devices. The Zero2IPO Research Center believes that investment areas worthy of attention include medical diagnostic solutions, medical diagnostic equipment, and specialized medical devices (such as oral and ophthalmology). It can be said that the rising space of China's medical device market remains the same, and its potential energy needs to continue to be explored from multiple angles in the future.