When the spring breeze of reform and opening up was blowing all over the motherland, in 1993, three of us, who were engaged in the research and development of ultrasound transducers at home and abroad, got together with our classmates from the Harvard Military Academy to plan how to make our own contribution to revitalizing the ultrasound industry in China. After four years of investigation, we found that the world's most populous country, but also a market with the greatest demand for medical equipment, medical ultrasound diagnostic equipment (color ultrasound and black and white ultrasound) with non-invasive on the human body, real-time, relatively low cost of examination, etc., has been widely used, and even popularized to the family planning examination. However, the domestic medium and high-level hospitals in the use of medical ultrasound diagnostic equipment are almost all expensive European, American and Japanese products, in these hospitals can be seen everywhere PHILIPS, SIEMENS, GE, ALOKA, TOSHIBA, HITACHI brand products, most of these machines can be equipped with multiple probes to achieve a number of functions, but due to economic reasons, domestic hospitals are often equipped with only one diagnostic abdominal ultrasound equipment. Hospitals are often equipped with only one probe to diagnose abdominal diseases, replace or add a probe often requires tens of thousands or even hundreds of thousands of dollars. Domestic enterprises to produce low-grade ultrasound machine, although the number of many, but limited to hospitals below the county level, health centers, family planning guidance station, its performance and foreign levels compared to the backward nearly 20 years, of which the lack of key components of the medical ultrasound probe has become a major obstacle to the development of domestic medical ultrasound equipment.
Through the investigation of the main domestic B ultrasound manufacturers, we found that the country was still in the single-beam mechanical fan scanning and 64-array large line array of low-level stage, a strong sense of responsibility and dedication in the chest, we agreed that we can use our professional expertise and experience accumulated over the years in the development and production of ultrasound probe for medical use to make a difference. We believe that the time has come to realize our desire to establish a first-class acoustic research, development and production company in China, and to provide advanced products, technologies and services to domestic and foreign markets.
How to reduce the risk of entrepreneurship is the focus of our greatest concern at the beginning of everything is difficult, in the case of less capital how to operate the company is a key. We first do a good job of market research on the basis of a good grasp of the market positioning of the product, the technical content and then high, product grade and then high, if there is no sales, the enterprise is equal to no foothold. After the establishment of the enterprise, the first request for survival, if the enterprise only focus on product development, ignoring the development of the market, will lead to no income and capital turnover difficulties, the enterprise will be difficult to maintain, let alone develop. Enterprise start-up period, not only to have ambitious goals and plans, but also need to be down-to-earth to feel the pulse of market demand, the development of market-oriented products. In the early stage of business, we lacked high-precision measuring instruments and expensive equipment, so we started to develop some relatively simple processing technology, domestic enterprises rely on imports of single-beam probes, such as ultrasound transcranial Doppler probe, etc., which were well received by customers. Thus, we realized the initial accumulation of capital. In fact, during the preparatory stage, the domestic members of APEX have already implemented products and customers that are in line with the market.
How the company continues to grow, APEX always keeps its products in sync with the market demand and develops a stock of products ahead of the market. We develop products with certain technical content and leading process in a short time according to customers' requirements. From the beginning, we manufacture fetal monitoring probes and transcranial Doppler (TCD) probes with relatively simple process, followed by ophthalmic A ultrasound probes and 80-array convex array transducers, and then 128-array convex array, high-frequency linear probes, transvaginal intracavitary probes, cardiac mini-convex array probes, and Phased array probes, APEX's products have been upgraded along with the development of China's medical ultrasound diagnostic business. The series development of medical ultrasound probes has provided key components for the development of black and white B-ultrasound and even color ultrasound in China, while the development of black and white B-ultrasound and color ultrasound has in turn boosted the demand for probes. This mutual cooperation, **** the same development results, so that in recent years China's medical ultrasound business is no longer subject to the high price of imported ultrasound probe limitations and thus have made great progress. The upgrading of domestic ultrasound has led to a great increase in the demand for ultrasound in the domestic market, and at the same time, the export of black and white ultrasound is moving forward with an annual increase of more than 100%, and it is expected that China's black and white ultrasound will gradually take over the global market. apex has gained a rapid growth opportunity from this, and it has become the leading enterprise in the domestic medical ultrasound probe industry.