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Top 100 Global Medical Device Companies (with Sub-segment Rankings)
2019-08-19
Because medical device companies have different fiscal year ends, some companies don't end until July of the following year, so the complete list comes out relatively late. Tonight, Dami will share Informa's MTI100 list with everyone. This list is ranked according to the revenue of each company in fiscal year 2017. Because fiscal year ends vary, some company revenue data is as of July 2018. In addition, for some diversified group companies, only medical-related businesses (medical devices, IVD) are included. According to Informa's data, the total sales of the top ten medical device companies in this statistical period exceeded US\$157 billion globally.
A clear path for the innovative development of customized medical devices
2019-08-15
Recently, the National Medical Products Administration and the National Health Commission jointly issued the "Regulations on the Supervision and Administration of Customized Medical Devices (Trial)" (hereinafter referred to as the "Regulations"), which officially came into effect on January 1, 2020. As the first regulation to unify the supervision of customized medical devices, the "Regulations" clearly stipulates requirements for the filing management, design and processing, use management, and supervision and administration of customized medical devices. Industry experts believe that the promulgation of the "Regulations" will allow customized medical devices to be used in a standardized manner in clinical practice, which is conducive to ensuring the safety of patients' use of medical devices. I. Meeting Clinical Needs The so-called customized medical devices refer to those designed to meet the specific needs of a particular patient.
2019-08-14
I. Analysis of the Scale of Development of the Chinese Medical Device Market In 2018, the scale of China's medical device market reached 530.4 billion yuan, a year-on-year increase of 19.9%, maintaining a growth rate of nearly 20% for consecutive years. From the perspective of sub-sector distribution, in 2018, the medical equipment market reached 301.3 billion yuan, the highest proportion. The high-value consumables market (orthopedic implants, vascular intervention, neurosurgery, etc.) reached 104.6 billion yuan, the low-value medical consumables market reached 64.1 billion yuan, and the in-vitro diagnostics market reached 60.4 billion yuan. In terms of sub-sector growth rate, high-value consumables grew by 20.4% in 2018, including vascular intervention and dentistry.
Current Status: Opportunities and Challenges Facing China's Medical Device Industry
2019-08-13
When people fall ill, doctors often use various assistive tools to diagnose, treat, monitor, alleviate, and prevent related symptoms. These assistive tools are generally referred to as medical devices. Medical devices refer to instruments, equipment, appliances, in-vitro diagnostic reagents and calibrators, materials, and other similar or related articles used directly or indirectly on the human body, including the necessary computer software. The efficacy of medical devices is not obtained through pharmacological, immunological, or metabolic means, but primarily through physical means. Medical devices are diverse, with significant differences between products.
Medical Device Top 8 Competition: Medtronic Leads the M&A Marathon
2019-08-12
EvaluateMedTech predicts that the global medical device market will reach $477.5 billion in 2020. Although this market is lucrative, it is undeniable that the global medical device market is currently dominated by several large international companies. In mid-2019, major medical device companies released their 2018/2019 fiscal year reports. Based on this, we have compiled a list of the top 8 medical device companies from the MedicalDesign&Outsourcing Top 100 list.
2019-08-09
Clinically, a large number of mid-to-high-end medical devices have been localized, gradually replacing imports, with a significant price advantage. Jiang Deyuan, a drug inspector from the Medical Device Registration Office of the National Medical Products Administration, stated at a press conference held by the State Council Information Office on the 1st that China's medical device industry is developing rapidly, with a large number of mid-to-high-end medical devices having achieved domestic production, gradually replacing imported products. Product quality is generally recognized by patients, and the Price is also more advantageous than imported products. Jiang Deyuan stated that in recent years, the National Medical Products Administration has taken a series of measures to promote the innovative development of the medical device industry. In 2014, China began to implement innovation
2019-08-08
Unique Device Identification (UDI) is like an electronic ID card for medical devices. In the information age, UDI is an advanced method for international medical device regulation and a "universal language" for global traceability of medical devices. In recent years, the national drug regulatory authorities have actively promoted the application of UDI in the field of medical devices in China, and on December 20, 2018, issued the medical device industry standard "Basic Requirements for Unique Identification of Medical Devices", which will be implemented from January 1, 2020. Currently, some companies have already...
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