In recent years, China's medical device industry has developed rapidly, especially high-performance medical devices, which are listed as national strategic industries. This is reflected not only in the documents issued by the country in the past year, but also in the National Science and Technology Innovation Conference in May. The Academician Assembly of the two academies and the Ninth National Congress of the Chinese Association of Science and Technology (collectively referred to as the "Science and Technology Conference") were once again confirmed.
General Secretary of the CPC Central Committee, President of the State, and Chairman of the Central Military Commission Xi Jinping attended the meeting and delivered an important speech. Xi Jinping said that high-end medical equipment mainly relies on imports, which is one of the main reasons for expensive medical treatment. It is necessary to develop low-cost disease prevention and control and telemedicine technology to realize the sharing of high-quality medical and health resources.
It is understood that the last "Science and Technology Conference" was held at the same time in 1978, when Deng Xiaoping put forward the "science and technology is productivity" argument. Subsequently, China set off a wave of reforms and opening up.
Therefore, the importance of this "three sessions of science and technology" is self-evident. At such a meeting, Xi Jinping named the high-end medical equipment to rely on imports, and released a strong signal to further support domestic medical equipment.
A staff member of Kam Medical said that the medical device company may have a wave of counter-attacks, and Kam Medical has responded positively to prepare for the market and industry tests.
"The more developed the economy, the higher the people's health requirements. This also plays a counter-pushing role in the market terminal, so that enterprises have to consider innovation and development in the competition." A staff member of Kam Medical said.
Due to the late start of the medical device industry in China, weak innovation ability, and insufficient investment in scientific research, there are fewer high-end medical devices. The market share of local medical device companies in the high-end market is relatively low, about 70% of medical devices. The high-end market is divided by foreign companies, and the domestic high-end market of medical equipment faces the monopolistic competition pattern of foreign companies. Especially in the field of high-end medical equipment, the phenomenon that Chinese medical institutions rely on imports is more serious. Some international brands such as General Motors (GE), Siemens, Philips, etc. have a market share of up to 90%.
It is gratifying to note that after more than a decade of rapid development, China's medical device industry has made great progress in terms of technology, level and technology. A lot of potential stocks have emerged, such as Mindray , which has long been positioned to open up overseas markets. Medical care , as well as the rapid development of the joint film medical care, fish jump medical treatment, which also has a good seedlings such as Kam Medical.
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