Personally, I think the prospects are still relatively good.
Definition of oral healthcare: The oral healthcare industry refers to the consumption of oral healthcare services as the basis, is part of the market, maturity and depth of a very high degree of healthcare vertical segments, for the diagnosis of oral and maxillofacial diseases, treatment, prevention and other related medical services. The industry covers a wide range of sub-sectors such as services, consumables, equipment and processing.
China's oral healthcare services market: driven by consumption upgrade, demand is growing rapidly. The number of oral healthcare institutions is growing at a high rate, and the growth of small outpatient clinics is particularly prominent. Specialized dental outpatient clinics stand out in terms of both year-on-year growth and absolute value.
Referring to the historical situation and the attributes of the oral healthcare business, the growth in demand for oral healthcare has led to high growth in the number of medical institutions, and the number of oral healthcare institutions in the future will continue to show high growth, and the medical institutions will continue to be dominated by small specialized outpatient clinics.
Development history
The world is facing a financial crisis, the financial crisis is not the most serious financial crisis that has occurred over the past 100 years, the financial market crisis is a leading indicator of recession, but in the past history of the healthcare industry does show good resistance to decline. Meanwhile around the world, merger and acquisition activity in the healthcare sector remains strong.
It is precisely because of China's relative stability during the financial tsunami and the resilience of the healthcare sector, coupled with the high profitability of the medical device subsector, that capital continues to pour into it.
China's medical device industry has a gap compared with developed countries, but the speed of development of China's medical devices has caught the world's attention. China's newly developed medical devices are also at the cutting edge of the international medical device industry. In the next few years, China will overtake Japan to become the world's second largest medical device market.
With the rapid improvement of R&D strength of domestic enterprises and the shift of market focus from high-tech to popularization, the competitiveness of domestic products is gradually increasing, providing a rare opportunity for domestic manufacturers to expand their markets. It is foreseeable that the future development of China's medical device industry has a huge space.