Several key points for the development of the medical device industry

Nowadays, the public's demand for the health service industry is increasing, and this industry is accelerating its expansion, resulting in a growing demand for medical devices. Driven by the health service industry, the medical device industry has developed rapidly. Now that the industry has entered a period of rapid development, it is different from before and will pay more attention to industry integration and promotion of popular products.

It is reported that the demand for medical and health services in China has surged, but the growth of medical resources has been slow, unable to meet all the needs of the people. The proportion of practicing doctors is far lower than in developed areas, and the imbalance of medical resource structure is also very serious. There are significant differences in the number of beds between large city hospitals, township primary hospitals, and private hospitals. There are countless such situations. In order to change the situation, it is considered to encourage private capital to intervene in the medical service field to make up for the shortage of medical resources. The introduction of new policies has injected vitality into the health service industry, and private hospitals have rapidly developed like mushrooms after rain. These medical institutions have a great demand for medical equipment.

Private medical institutions pay more attention to the cost performance of medical devices than hospitals. The high price of imported products will obviously impose a greater burden on their development, which is not suitable. Local innovative products are often cheaper, and their performance is almost the same as that of imported devices. This is an ideal choice for private hospitals. In addition to policy encouragement, local innovative medical devices will be a development area in the future.

Digital medical devices are the major trend of future development, with higher quality and better effects, and are more popular among medical institutions and patients. On the other hand, the health needs of the public are increasing, and the share of commonly used medical devices in households is constantly rising. This is also the future development of medical devices, such as blood pressure monitors, blood glucose meters, thermometers, wheelchairs, etc. The market share of medical device products will further expand. In this regard, accelerated development is necessary to meet market demand. As there is no relevant professional e-commerce platform in the medical device industry, there is also an urgent need to accelerate the development of this aspect. With the support of the Internet, medical devices can be promoted and sold faster.

At present, there are still problems with small scale and low concentration of medical devices in China, which greatly hinder the accelerated development of the industry. The market size urgently needs to be expanded, and enterprise receivables also urgently need to be increased. Industry integration must be accelerated, which is also one of the future prospects of the medical device field.

Source: Global Medical Device Network