Changes in the medical application of ultrasound (Rencheng Medical)

With the opening of markets such as POC, the medical ultrasound industry will have a larger market capacity and development space. In the past, some segments were in a stage of import monopoly, and market demand was not truly opened due to high prices, such as PCI surgery. Only when the technology of domestic brands continued to upgrade and effectively participated did the market demand truly open up. Currently, the import share of the Chinese ultrasound market is about 80%, and the import monopoly has resulted in insufficient release of demand. From the perspective of an ordinary patient, the ultrasound departments of hospitals are always overcrowded and in short supply, while primary-level medical care also has strong demand for ultrasound diagnosis due to the trend of consumption upgrades. Therefore, we are optimistic about the huge incremental growth brought to the industry by emerging markets such as POC, five major centers, and private hospitals.

Currently, most of the ownership and purchasing power of ultrasound equipment belongs to the ultrasound department (functional department), and the physical examination department is the second largest department for ultrasound equipment. In tertiary hospitals in coastal developed areas, departments such as obstetrics and gynecology, anesthesiology, and cardiology also use ultrasound equipment, but from the overall national situation, it has not been fully implemented. In the future, as the clinical application of ultrasound becomes more and more widespread and diversified, more departments will use ultrasound. A hospital may have four or five departments, or even more than ten departments, purchasing ultrasound equipment for clinical use, such as anesthesiology, emergency, ICU, obstetrics and gynecology, reproductive medicine, and cardiology, etc. This is the future development trend of POC ultrasound. This trend has a significant impact on the overall market capacity of the ultrasound industry, and the capacity and share of the number of ultrasound units will be significantly expanded. However, different departments have different application needs for ultrasound, and the differences are often quite large. Therefore, ultrasound manufacturers need to provide diversified and targeted product solutions, which is often a contradiction in product design. Therefore, in the future, professional ultrasound manufacturers similar to SonoScape will have good development opportunities. Among domestic ultrasound brands, Shenzhen Huasheng Company, focusing on anesthesia and pain management, and Guangzhou SonoStar Company, focusing on portable handheld ultrasound, are all developing in this direction.

With the continuous expansion and precision of clinical needs, a series of fields such as cardiology, abdominal, anesthesia, emergency, and rehabilitation have all demanded specialized ultrasound, and the POC market has emerged, and the industry has entered the functional diagnostic stage. Product demand is no longer limited to parameters such as images and blood flow; clinical medical functions are also used as the main competitive indicators. Therefore, diversified indicators such as image resolution, time resolution, blood flow signals, application software, operation flow, ease of interface use, and professional probes can meet various clinical needs.
The trend of hospitals using ultrasound outside of ultrasound departments is gradually becoming popular. Internal grading within the ultrasound department is the embryonic form of the clinical ultrasound system. Ultrasound doctors are not all-rounders; being able to focus professionally on a certain field is already difficult, so there has been differentiation within the ultrasound department, such as cardiac and abdominal ultrasound. Demand drives companies to meet clinical needs, so manufacturers have also launched vertically segmented products at this stage.

Chinese local companies are very enterprising. Compared with foreign companies, they can quickly respond to various needs of domestic terminals and continuously improve, launch products more suitable for practical applications, and handle after-sales problems in a timely manner, having a great advantage in seizing market share from foreign companies. Due to the market capacity of the ultrasound market in China being nearly 10 billion, a single large market will not be monopolized by a single company. It is expected that in the future, 2-3 domestic brands will become the leading brands in the industry. The improvement of market prosperity, as analyzed in the article, will gradually smooth out the cyclical nature, becoming a high-prosperity segment in the next 3-5 years, and at the same time entering a longer import substitution cycle. We are optimistic about the domestic substitution of this field (domestic share >60%), which will happen in the near future.

Guangzhou Rencheng Medical Equipment Repair

With more and more ultrasound equipment, increasingly complex equipment, and increasingly comprehensive functions, there are also more and more faults. With the rapid development of electronic science and technology, many equipment maintenance engineers in various hospitals can no longer fully repair hospital medical equipment by themselves, so the way of medical equipment maintenance work has changed. Therefore, there has been the rise of third-party medical equipment repair companies.
Among them, Guangzhou Rencheng Medical has stood out with more than ten years of experience in ultrasound repair, possessing solid electronic repair technology, and striving to achieve component-level repair and replacement of general-purpose components, reducing the cost of repair materials. Therefore, in the medical equipment repair industry, it is not only convenient, quick, and accommodating, but also economical and mutually beneficial, bringing real benefits to the hospital. Since its establishment, we have served hundreds of hospital terminals and nearly 1000 distributor customers nationwide.