Speeding up localized medical equipment: Import substitution is becoming more and more obvious

China's medical device industry is a small-to-large, rapid development. Now it has become a Chaoyang enterprise with a relatively complete category, continuous innovation capability and strong market demand. With the strong support of government policies, the process of localization of medical devices has accelerated, and the role of import substitution has become more apparent.

Recently, a number of medical device listed companies have successively disclosed their annual reports, highlighting a lot. Among them, the most obvious is the further acceleration of the localization of medical devices, the more obvious the import substitution effect, and some areas have even begun to enter and run.

The speed of localization of medical devices has benefited from the strong support of policies. In "Made in China 2025", it is clearly proposed to improve the innovation capability and industrialization level of medical devices. Subsequently, the relevant supporting measures were put into use to promote the localization of medical devices.

The policy is intentionally tilted and capital is followed. According to statistics, in 2016, in the entire health industry, there were 3 investment transactions in the medical device field exceeding US$1 billion.

In fact, even without policy support, medical devices are also a hot spot in the capital field. There is no reason for this. Medical devices are high-tech and capital-intensive industries with high barriers to entry and high profits.

医疗器械国产化提速 进口替代作用愈加明显

However, due to the long-term concentration of China's medical device enterprises in the low-end market, the lack of core technology, weak sense of innovation, and serious product homogeneity have not been able to get more cakes.

Fortunately, under the policy push, the technical content of medical devices in China has been greatly improved, and the awareness of innovation in enterprises has been continuously strengthened. A number of leading enterprises with leading technology have emerged, and the industry output value and sales revenue have continued to grow rapidly.

According to the data of China Medical Device Industry Market Demand Forecast and Investment Strategy Planning Analysis Report released by Prospective Industry Research Institute, in 2008, China's medical device industry output value was 67.735 billion yuan, and sales revenue was 63.949 billion yuan. By 2014, The output value has increased to 217.591 billion yuan, and the sales revenue has increased to 213.607 billion yuan.

Although the localization of medical devices continues to accelerate, the high-end market has always been a "heart disease." It is difficult for domestic medical device products to open up the high-end market. On the one hand, due to the lack of core technology, it is difficult to get rid of the import of core components for assembly. On the other hand, the hospital’s “Chongyang” accumulation is difficult to change, and domestic high-end medical devices are not to be seen.

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