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2019-09-19
Comprehensive Statistics! A Big Comparison of the Half-Year Achievements of 55 Medical Device CompaniesSource: Medical Device Network Pharmaceutical Network September 19: As the summer heat of August has passed, major listed companies have also submitted their half-year "report cards" in August. It is said that 2018 marks the beginning of the golden 10 years for the medical device industry. So, looking back at the first half of 2019, have major medical device listed companies laid a solid foundation for the "golden 10 years"? This article summarizes the half-year achievements of major medical device listed companies on domestic exchanges. Through data such as revenue, net profit attributable to shareholders of listed companies and its growth rate, and R&D investment, it analyzes the domestic medical device market.
Analysis of the Domestic and International Medical Device Industry in 2019 (Part 2)
2019-09-18
China's medical device sector is experiencing rapid growth, with market expansion significantly exceeding the global average. Following the "2019 Analysis of the Domestic and International Medical Device Industry (Part 1)", this article will focus on reviewing the innovative factors driving the development of medical devices in China and analyzing the market share distribution in key medical device sub-sectors to provide a comprehensive overview of the current state of the domestic medical device industry. I. Analysis of Innovative Factors Driving the Development of Medical Devices in China 1. Comprehensive Medical Reforms Present Development Opportunities for Medical Devices Recently, with the implementation of Party and state institutional reforms, the reorganization and establishment of three major institutions—the National Healthcare Security Administration, the National Health Commission, and the National Medical Products Administration—have ushered in a period of rapid change for the medical and health industry.
Analysis of the Domestic and International Medical Device Industry in 2019 (Part 1)
2019-09-17
With the improvement of global residents' living standards and the enhancement of medical awareness, the demand for medical devices continues to grow. In recent years, although global economic growth has been sluggish, the global medical device market has shown steady growth, especially the domestic medical device market, which maintains rapid growth and has huge development potential. I. Overview of the Global Medical Device Market 1. The global medical device market continues to grow, with the United States and Europe accounting for the majority share. In terms of the distribution of the global medical device market, the medical device industry in developed countries and regions such as Europe and the United States started early, and residents have relatively higher income and living standards, and higher demands for the quality of medical device products.
2019-09-16
As a high-growth sunrise industry, China's pharmaceutical and healthcare industry has overcome numerous difficulties and bottlenecks in recent years, demonstrating its irreplaceable development resilience and strength. Among them, "China's medical device industry, after years of cultivation and experience, is growing from small to large, and from weak to strong, with its international industrial development capabilities and cooperation levels increasing day by day." Meng Dongping, vice president of the China Chamber of Commerce for Import and Export of Medicines and Health Products, said that under the general background of the Chinese government's active advocacy of a new concept of international cooperation, more and more Chinese local enterprises are striving to achieve innovative transformation with the help of policies, seeking breakthroughs in change, from R&D innovation to production, manufacturing, and overall resource integration.
China's medical device industry's annual M&A scale exceeds US$10 billion
2019-09-12
According to Thomson Reuters data, the size of mergers and acquisitions in China's medical device industry reached US\$10.893 billion in 2018. 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%. As industry consolidation accelerates, market concentration will further increase. Chinese medical device companies are mainly located in coastal cities in eastern China. According to statistics from yaozhi.com, domestic medical device companies are mainly concentrated in the Pearl River Delta, Yangtze River Delta, and Bohai Rim regions. As of April 2019, there were about 18,800 medical device companies nationwide, with the number of companies ranked...
2019-09-11
Countdown 20 days, are you familiar with these coding rules? Currently, the first batch of 116 pilot medical device enterprises and 108 pilot hospitals have been announced. (List at the end) Electronic ID card is about to land Recently, according to the official website of the National Medical Products Administration, the pilot work of the unique identification system for medical devices has entered a substantive stage. Xu Jinghe, vice director of the National Medical Products Administration, pointed out that the establishment of the UDI system, strengthening the source coding, and realizing the traceability of medical devices from the source production to clinical use. According to the official website of the Drug Administration, from October 1, 2019, in China
Who gets a piece of the high-profit medical device logistics pie?
2019-09-09
China's medical device industry is developing rapidly, bringing broad development opportunities for medical device professional logistics. However, due to the specialized nature of medical equipment, products, and distribution channels, medical device logistics in China has not received widespread attention, and the number of professional medical device logistics companies is very small. This is disproportionate to the nearly 600 billion yuan medical device market in China. 【Core Reading】 1) A medical device market with a scale of nearly 600 billion yuan drives a logistics market exceeding 10 billion yuan; 2) In the four major sub-sectors of medical devices, leading logistics companies have yet to emerge, and professional companies are few; 3) High
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