How to grasp the six major opportunities in the development of the home medical device industry

From the current market structure, the global medical device market is roughly half the size of the global pharmaceutical market. The medical device industry in developed countries has become an important force to enhance the overall bio-pharmaceutical industry, while China's ratio is only about 20%. In the future, the domestic medical device market still has huge room for development. Although China's drug regulatory authorities have adopted a heavy drug and light device regulatory policy for the market for a long time, in the context of the new medical reform, the “medical and medical care” system is being corrected, and the medical service and medical device industry will be Welcome to the stage of rapid development.

How to grasp the six major opportunities in the development of the home medical device industry

China's current medical device market can be broadly divided into medical and household devices. Among them, home medical instruments are divided into three categories: home therapy devices, home rehabilitation devices and home health devices. The main categories of functional home medical devices are: Detection, respiratory, rehabilitation, treatment, physiotherapy, family health, maternal and child care, killing supplies, etc., for specific use groups: maternal and child, old humans, patients and general categories.

As a sub-sector of the medical device market, the home medical instrument industry has huge market space and opportunities in the future. The main reasons are as follows:

Grasping the six opportunities for the development of the home medical device industry

I. Opportunities brought by population structure

According to the Ministry of Civil Affairs data, the number of elderly people over the age of 60 in China has exceeded 200 million, accounting for 14.9% of the total population. The number of elderly people over 80 years old is increasing at a rate of 1 million per year. With the peak of the aging society in the next 20 years, by 2030, China will become the country with the highest degree of aging in the world.

The medical expenses of 80% of people in their lifetime are spent in the final stage of life. On average, the medical resources consumed by the elderly are three to five times that of the average person. Therefore, the expenditure on medical expenses will become an increasingly important component of national expenditure. section. In the solution to a series of problems brought about by the aging of the population, we can find that the market prospects for medical service demand will be very broad, and the future Chinese nationals will be intelligent in the family in terms of common diseases and chronic diseases for the elderly. The demand for one-stop medical and health care services is growing. Such as sphygmomanometer, thermometer, blood glucose meter, etc., there is a trend to become the standard of the future family, reflected in the overall expansion of the medical services market.

At the same time, under the impetus of Internet technology, industries such as medical care, pension, insurance, and legal consulting will inevitably penetrate each other, break the traditional industry boundaries, and integrate and reshuffle the industry.

Second, the opportunities brought by policy support

The medical device industry is a high-end manufacturing industry in developed countries. It is one of the centers of technological innovation. It has strong international competitiveness and masters the right to speak in the industry. China is in the stage of transformation from a manufacturing power to a manufacturing power. The current status of China's medical device industry is concentration. Low, medium and high-end mainly rely on imports. With the support of national policies, it is currently developing towards localization and intelligence.

The State Council directly or through the Development and Reform Commission, the Health Planning Commission and other departments to issue relevant policies to provide support for the medical device industry in infrastructure and major projects, local governments will also build high-tech biomedical industrial parks, supporting the relevant policies of advanced development zones, The medical device industry will be tilted as a key development direction to inject momentum into strengthening the industrial upgrading of national brands. Measures such as the “Several Opinions on Promoting Health Service Industry”, the new “Regulations on the Supervision and Administration of Medical Devices” and the “Special Approval Procedure for Innovative Medical Devices (Trial)” have been introduced to simplify the approval process, encouraging enterprises, especially SMEs, to accelerate innovation and import substitution processes. . Various enterprises have set up their own R&D centers around the first-tier cities such as Beishangguangshen and Shenzhen, and expanded to the upstream of technology.

It is worth noting that in the field of home medical equipment, enterprises represented by Jiu'an Medical, Yuyue Medical, Sannuo Bio, Minkang Science and Technology, etc., have reached the domestic market share in products such as blood glucose meters and blood pressure monitors. 60% strong. At present, China is formulating the “13th Five-Year Plan” for the medical device industry, which will encourage and develop relevant content of family and social wearable devices as one of the key points. During this period, the home medical device industry will surely usher in an overall explosive increase.

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