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Medical Device Unique Identification Database Goes Online
2019-12-11
The medical device unique identification database is an important part of the medical device unique identification system. In accordance with the requirements of the "Medical Device Unique Identification System Rules" and the arrangements of the "Pilot Program for the Medical Device Unique Identification System", the medical device unique identification database was officially launched on December 10, 2019, opening the function of declaring unique identification-related data for pilot varieties to pilot enterprises. I. Constructing unique identification master data The unique identification of medical devices consists of product identification and production identification. The medical device unique identification database will gather the product identification and related data of the unique identification of medical devices, by medical devices
China has become the world's most promising emerging market for medical devices
2019-12-10
In recent years, driven by economic development, public demand for health has steadily increased, and the pharmaceutical industry's R&D level and manufacturing capacity have significantly improved. Simultaneously, a series of national policies supporting innovation in domestic medical devices have released benefits, making China the most promising emerging medical device market globally. It is estimated that the scale of China's medical device market increased from 43.4 billion yuan in 2006 to 530.4 billion yuan in 2018, with a compound annual growth rate of approximately 25.55%. Among these, the market size of high-value medical consumables was approximately 104.6 billion yuan, with a year-on-year growth of 20.37%, representing the fastest-growing segment within the medical device industry.
2019-12-09
According to Thomson Reuters data, the size of China's medical device industry mergers and acquisitions in 2018 reached US$10.893 billion. Overseas mergers and acquisitions showed significant growth, with 27 overseas M&A events totaling US$7.466 billion, a year-on-year increase of 464%. Shounong Medical Group believes that as industry consolidation accelerates, market concentration will further increase. Chinese medical device companies are mainly located in coastal cities in the east. According to statistics from Pharma智网, domestic medical device companies are mainly concentrated in the Pearl River Delta, the Yangtze River Delta, and the Bohai Rim regions. As of April 2019, there were approximately 1 million medical device companies nationwide.
Meituan's foray into medical devices? Several internet giants are entering the market.
2019-12-06
In 2020, the scale of China's medical device market was approximately 330 billion yuan, accounting for 12% of the global market share. The medical device market was approximately 269 billion yuan, accounting for about 72.70%. Wang Xing started selling medical devices On November 22, Shanghai SanKuai Technology Co., Ltd., 95% owned by Wang Xing, added an external investment to establish Shenzhen Baishou Health Information Technology Co., Ltd., with a registered capital of 1 million yuan and Zeng Wei as the legal representative. The business scope includes, in addition to technology development and economic trade consulting, the "sales of Class II and Class III medical devices". In fact, this is not the first time Wang Xing has established a company to sell medical devices
2019-12-04
National Radio and Television of China, Jinan, December 3 (Reporter Guiyuan) The Shandong Provincial Drug Administration recently issued the "Implementation Plan for the Pilot Program of the Medical Device Registrant System in Shandong Province." The implementation plan requires that enterprises and research institutions located in Shandong Province can apply to obtain medical device registration certificates and become medical device registrants. They can produce or entrust enterprises to produce Class II and Class III medical devices. The implementation plan requires that Shandong will explore the establishment of a medical device entrusted production management system, optimize resource allocation, and implement the main responsibilities. Applicants for medical device registration can independently or entrust enterprises with production capabilities to
Understanding Medical Devices: 20 Essential Basics
2019-12-03
1. How to distinguish between drugs and medical devices containing drug components? (1) For products where drugs play the main role and medical devices play an auxiliary role (such as pre-filled syringes), they are managed as drugs. (2) For products where medical devices play the main role and drugs play an auxiliary role (such as drug-eluting stents, catheters with antibacterial coatings, medicated condoms, and medicated intrauterine devices), they are managed as medical devices. (3) Band-aids containing antibacterial and anti-inflammatory drugs are managed as drugs. (4) Traditional Chinese medicine external application plasters are managed as drugs. 2. China's medical
2019-12-02
In 2018, Guangdong Province's medical device output value was approximately 160 billion yuan, with a compound annual growth rate exceeding 20%; as of September this year, Guangdong Province had 3,191 medical device manufacturing enterprises, with 53 enterprises in Shenzhen alone having an output value exceeding 100 million yuan in 2018. These figures showcase the booming development of Guangdong Province's medical device industry. Recently, reporters conducted in-depth investigations into Guangdong Province's drug regulatory departments and medical device enterprises, deeply experiencing the care and intensity of Guangdong Province's medical device supervision, and the speed and height of industrial development. Releasing Benefits - The Pioneer Trial of the Registration System At Guangzhou Mipu Regenerative Medicine Technology Co., Ltd. exhibition
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