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Huge market prospect of medical equipment enterprises

High growth of primary medical market
IMS, a global medical consultancy, told reporters on March 1 that with the deepening of domestic medical reform, it is expected that the growth rate of medium and low-end medical market will be the fastest in the next few years, with an optimistic estimated growth rate of about 30%. Among them, the demand of primary, county and township hospitals will increase rapidly, while the pressure of tertiary hospitals is expected to reduce.
Yu Mingde said that the important goal of medical reform is to reasonably allocate medical resources. At present, the excessive pressure of medical treatment in the tertiary hospitals is due to the weak medical capacity of the primary level. When the medical equipment of the primary level hospitals is gradually complete and the general and chronic diseases can be treated in time, the phenomenon of patients in the tertiary hospitals is expected to ease.
According to statistics of the Ministry of health, from January to November 2011, the utilization rate of beds in tertiary hospitals was 105%, that in secondary and primary hospitals was 90.7% and 60.1% respectively, while that in community health service centers and township hospitals was only 54.3% and 57.8%. The researcher of Yinhe securities pharmaceutical industry pointed out that this reflected the coexistence of short supply and oversupply of medical resources. One of the reasons is that in the past, the primary medical institutions did not emphasize the basic medical care, prevention and health care, rehabilitation and other functions of the community.
With the deepening of medical reform, this situation is expected to reverse. At present, there are more than 50000 government run township hospitals and community health service institutions in China. The national development and Reform Commission emphasizes that the basic level medical reform has promoted the governments at all levels to invest more financial and material resources in the basic level. The basic level medical and health service system should play a main role in health management, common diseases and frequently occurring diseases.
According to the data of the Ministry of health, the number of diagnosis and treatment in the community health service center reached 440 million from January to November 2011, up 27.2% year on year, with the fastest growth rate. Industry insiders said that the direction of grass-roots medical reform is to return to the public welfare and based on the basic insurance. With the expansion of the coverage of medical insurance and the increase of the proportion of medical reimbursement at grass-roots level, the market space of grass-roots medical institutions will usher in explosive growth.

Medical device enterprises benefit first
The reporter learned that in the current domestic procurement of low-end medical equipment, local enterprises ranked first, because the government gave priority to the procurement of domestic medical equipment in the primary medical market, and the 8-12-year renewal cycle of medical equipment also ensured the stable growth of medical equipment enterprises.
According to the Ministry of health, from this year, the central government will expand support for basic medical institutions to equip basic equipment, promote the improvement of rural emergency system, and gradually increase ambulances and necessary emergency equipment.
Yu Mingde believes that "strengthening the grassroots" will first strengthen the equipment allocation of grassroots medical institutions, so that grassroots hospitals can detect or treat some common diseases by themselves.
The 12th Five Year Plan for medical device science and technology also points out that it will focus on the development of popular advanced and practical products urgently needed for the construction of grass-roots health system, as well as the high-end medical devices that must be imported for clinical diagnosis and treatment. We will focus on the development of a number of basic medical equipment products with independent intellectual property rights, high performance, high quality, low cost and mainly dependent on imports, so as to meet the needs of basic medical and health system construction and clinical routine diagnosis and treatment.
This advantage is confirmed by the stable growth of medical device sector performance. Tonghuashun data shows that up to now, 12 of the 13 listed medical device companies that have released performance forecasts have achieved year-on-year growth, which is better than the biomedical industry as a whole. Xinhua medical and Yuyue medical, which have a large proportion of primary products, have achieved rapid growth in performance for many years in a row. The average growth rate of China's medical device industry is about 25%, far higher than the average growth level of the national economy in the same period, while the average growth rate of the global medical device industry in the same period is about 7%.
Traditional Chinese medicine health products take a ride
Ling Jun, an analyst with Ping An Securities, said that the increasing number of traditional Chinese medicine medical services and varieties of traditional Chinese medicine included in the scope of medical insurance payment is a major trend, and grass-roots traditional Chinese medicine services will become an important supplement to the medical service system of traditional Chinese medicine, further expanding the use of traditional Chinese medicine.
With the improvement of the coverage of NCMS and the increase of the proportion of medical insurance payment, the scale of traditional Chinese medicine products in the primary medical market is expanding day by day. Industry insiders believe that traditional Chinese medicine enterprises are the most competitive in the pharmaceutical industry, which is due to the fact that traditional Chinese medicine products are less affected by the national price reduction policy, the products can avoid competition with foreign enterprises, and have more characteristics than western medicine products.
The arrival of aging society will promote the demand of all kinds of chronic diseases for traditional Chinese medicine products and health care products. People from Beijing Biotechnology and new medicine industry promotion center told China Securities News that Chinese medicine products and health care products with high growth and long cycle are emerging. According to reports, in the past 10 years, the consumption growth of the US health industry has surged from US $200 billion to US $1 trillion. With the deepening of new medical reform and the rise of primary medical care, the national health awareness and health consumption will continue to grow, which will promote the development of traditional Chinese medicine industry.
People from the State Administration of traditional Chinese medicine believe that the new medical reform will promote the public's attention to "treating diseases before they are cured" on the basis of ensuring the basic medical needs and reasonable resource allocation. Community medical institutions are the best place for nursing and health care and follow-up treatment, and traditional Chinese Medicine products are expected to gain more and more market space.
"Speed up and shift" of medical informatization
With the deepening of medical reform, the process of grass-roots medical informatization is expected to accelerate. Industry insiders said that the improvement of the three-level medical system will promote community medical and family treatment to become


 
 
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