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Henan Aobang Medical Instrument Co., Ltd

Phone: 0373-8996868


Fax: 0373-8968168


Email: abgs2009@126.com


website: www.hnaobang.cn


Website:en.hnaobang.cn


Address: Dingluan Industrial Zone, Changyuan City, Henan Province


Introduction of glove manufacturers: The medical device industry should follow the trend

2021-01-18 09:44:39
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Medical Device Industry: Riding the Tide

From 2004 to 2012, the compound annual growth rate of expenditure in China's medical device industry reached 27%, far exceeding the global growth rate of 7% -8%, and its share in the global market has been increasing year by year; On the other hand, according to data from the National Bureau of Statistics, the expenditure of China's medical device industry was 156.5 billion yuan in 2012, and the market size of gastric tube medical devices accounted for 8% of the total pharmaceutical market. In 2009, the global market size of medical devices had already accounted for 42% of the total pharmaceutical market, indicating that China's medical device industry still has great prospects for development in the future.



The market demand is slowing down, and the domestic market is gradually stabilizing, jointly promoting high growth in the industry. The driving force of the market comes from: firstly, the demand for the transformation of large equipment in medical institutions, as well as the incremental demand brought by the increase in grassroots medical visits and the establishment of private medical institutions at their peak;



2、 The demand for medical consumables and home medical equipment due to aging population, increased coverage and reimbursement rates of medical insurance, and progress in per capita disposable expenditure; Secondly, domestically produced medical devices with cost-effectiveness disadvantages will be a huge victim of industry expansion. For the domestic market, the growth rate of industry expenditure in 2012 has increased from 7% to 12%, and the year-on-year growth rate of export delivery value in the first eight months of 2013 has reached 13.1%, indicating a gradually stabilizing trend.


奥邦医疗


1、 Weak R&D and innovation talents. And its R&D investment has remained at around 10% over the years.



2、 Diversified product line storage. The diversification referred to here refers to the upgrading and replacement of similar products; The second refers to the expansion of product lines in different categories. The R&D cycle itself is often long, but through mergers and acquisitions, medical device companies can quickly grow into large group companies. We believe that mergers and acquisitions of similar products can create economies of scale and create synergies in research and development as well as sales, enhancing the competitive disadvantage of the products in segmented categories; On the other hand, due to the unlimited capacity of the medical device segmentation market, connotative mergers and acquisitions are the driving force for companies to maintain temporary growth.



3、 The establishment of a global promotion network. Unlike the pharmaceutical industry, the medical device industry is a globally competitive industry. After achieving technological breakthroughs, cost disadvantage will be a major weapon for emerging market medical device industries to participate in competition. In addition, a global layout can also open up a larger market for emerging market medical device industries.


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