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China"s medical device industry, the market scale far exceeds the developed countries


With the improvement of international medical standards, the market scale of medical device industry is getting bigger and bigger. Global medical device market sales increased from 187 billion U.S. dollars in 2001 to 355.3 billion U.S. dollars in 2009, with a CAGR of 8.35%. In 2012, the market scale of China's medical device industry was about 150 billion yuan, with a CAGR of 21.3% over the past 10 years, far exceeding that of developed countries.

The medical industry analysis report mentions that according to the Twelfth Five-Year Plan for Medical Device Technology Industry, it will mainly support 10-15 large medical device enterprise groups, support 40-50 innovative high-tech enterprises and establish 8-10 medical Equipment and technology industry base and 10 state-level innovative medical device product demonstration application base.

Medical device market potential and problems co-exist

In addition, compared with 42% of the world's total, China's medical device market occupies 14% of the total pharmaceutical market and has 5-6 times more room to increase than the global per capita device spending.

However, Zhang Zhaofeng, deputy director of the Biotechnology and Pharmaceutical Division of the Department of Social Development Science and Technology of the Ministry of Science and Technology, pointed out in no uncertain terms the problems existing in the industry. Many of our products can not be done yet. The basic products are not well-made, the industrial scale is not large, and the high-end products Do not be strong. For example, at the grassroots level, the level of equipment still falls short of basic needs.

The reason is mainly due to less innovation, inadequate synergies and insufficient resources integration. Zhang Zhaofeng said that in the future, we will speed up innovation as a driving force and take integration as a means to substantially enhance the core competitiveness of the medical device industry.

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