What is the development prospect of medical devices in China?

The prospect is good, the market is broad and the profit is great. According to Prospective Industry Research Institute's Market Prospect and Investment Forecast Analysis Report of China Medical Device Industry (20 16-202 1), with the continuous improvement of people's health awareness and self-care awareness, the new medical reform policy has also paid enough attention to medical devices. The entire medical device industry market has also developed rapidly, and the total profit growth is much higher than the average level of the pharmaceutical industry. \x0d\ The report shows that in 20 1 1 year, the market size of domestic medical devices in China reached176.6 billion yuan, up by 28.3% year-on-year, and the compound growth rate from 2006 to 201/year was as high as 29.8%. On the other hand, the share of household medical devices in China's medical device industry is low, only 13% and 438+0 1 in 2065, far below the global level of 25%, with great growth potential. It is estimated that by 20 13, the market size of domestic medical devices in China will reach 29 billion yuan. \x0d\ For those patients who have just been discharged from hospital, it is urgent to use various household medical devices for continuous rehabilitation after discharge. \x0d\ Household medical instruments are generally divided into four categories: therapeutic instrument, detection, health care and rehabilitation, such as thermometer, hearing aid, sphygmomanometer, blood glucose meter, tractor, high potential therapeutic instrument and warm physiotherapy bed. There are nearly 200 million hypertensive patients and more than 60 million diabetic patients in China, and the demand for home medical devices for similar chronic diseases is huge. With the investment of national medical insurance, the improvement of consumption level and the constant change of consumption concept, Prospective Industry Research Institute predicts that the market scale of massage equipment, electronic sphygmomanometer and blood glucose meter in China will reach 6.59 billion yuan, 5.20 billion yuan and 2.40 billion yuan respectively in 20 13 years. \x0d\ At present, the global market for high-end household medical devices is dominated by products of American, German and Japanese companies, and well-known multinational companies have invested in establishing production bases in China to seize market share. After years of development, China household medical device enterprises have made continuous progress, and now they have obvious competitive advantages in the low-end market.