Analysis of the Regional Market Competition Pattern of China's Medical Device Industry in 2021: The Pearl River Delta and the Yangtze River Delta become two major industrial clusters

China's medical device industry has grown rapidly from small beginnings, and has now become a sunrise industry with a relatively complete range of products, continuously improving innovation capabilities, and strong market demand. In recent years, driven by the rapid growth in market demand for medical devices, the number of medical device manufacturing enterprises in China has continued to increase. Among them, Guangdong Province has the most medical device manufacturing enterprises, and Jiangsu Province has the most registered medical devices.

　　China's medical devicesImport and Exportare mainly concentrated in the Pearl River Delta and the Yangtze River Delta regions. The exports from Guangdong, Jiangsu, and Zhejiang provinces contributed 58.3% to the overall exports of medical devices. Overall, with the development of China's medical device industry, the Pearl River Delta and the Yangtze River Delta have become two major medical device industry clusters in China.

　　Major Listed Companies in the Medical Device Industry:Currently, the main listed companies in China's medical device industry include:Mindray Medical(300760),BGI Genomics(300676)DIANDIAGNOSTICS(300244),Meican Bio(300439),Yuwell Medical(002223), etc.

　　Core Data of this Article:Number of medical device manufacturing enterprises, regional distribution of medical device enterprises and registered products

　　1. Guangdong Province has the most medical device manufacturing enterprises

　　China's medical device industry has grown rapidly from small beginnings, and has now become a sunrise industry with a relatively complete range of products, continuously improving innovation capabilities, and strong market demand. In recent years, the state has actively introduced policies, improved medical device regulatory policies, and increased the intensity of medical policy supervision. Under the guidance of the state's "adjustment of structure" and "transformation of mode", the medical device industry has maintained a relatively stable development speed.

　　In recent years, driven by the rapid growth in market demand for medical devices, the number of medical device manufacturing enterprises in China has continued to increase. By the end of 2020, there were a total of 25,000 medical device manufacturing enterprises nationwide, an increase of 39.76% compared with the end of 2019. Among them, 15,924 enterprises can produce Class I products, 13,813 can produce Class II products, and 2,202 can produce Class III products.

　　Specifically, Guangdong Province has the most medical device manufacturing enterprises. By the end of 2020, Guangdong Province had 4,553 medical device manufacturing enterprises, 1.5 times that of Jiangsu Province, which ranked second.

　　2. Jiangsu Province has the most registered medical devices

　　In terms of the number of registered medical devices, Jiangsu Province has the most registered medical devices. According to data from the National Medical Products Administration, by the end of December 2020, the total number of valid medical devices nationwide reached 187,062 (excluding imported and deregistered products), an increase of 29.69% compared with the end of 2019. Among them, Jiangsu Province had the most registered products, with 29,274, accounting for 15.6% of the total number of valid medical devices nationwide.

　　3. Medical device imports and exports are concentrated in the Pearl River Delta and the Yangtze River Delta

　　China's medical device imports and exports are mainly concentrated in the Pearl River Delta and the Yangtze River Delta regions. According toChina Chamber of Commerce for Import and Export of Medicines and Health Productsstatistics, in 2019, the exports from Guangdong, Jiangsu, and Zhejiang provinces contributed 58.3% to the overall exports of medical devices.

　　4. The Pearl River Delta and the Yangtze River Delta are China's two major medical device industry clusters

　　Overall, with the development of China's medical device industry, the Pearl River Delta and the Yangtze River Delta have become two major medical device industry clusters in China. Among them, Shenzhen, Guangzhou, and Zhuhai, which belong to the Pearl River Delta region, are strong in the research and development and production of comprehensive high-tech medical devices; Jiangsu, Shanghai, and Zhejiang, which belong to the Yangtze River Delta region, market high-quality disposable medical devices and consumables both domestically and internationally. At the same time, Beijing, Tianjin, Liaoning, and Shandong, which belong to the Beijing-Tianjin-Hebei region, are forming a diagnostic and therapeutic equipment industry cluster.