The medical device industry involves many industries such as medicine, machinery, electronics and plastics. It is a multi-disciplinary, knowledge-intensive and capital-intensive high-tech industry. The basic characteristics of high-tech medical equipment are digitalization and computerization. It is the crystallization of modern high-tech with multi-disciplinary and inter-disciplinary fields. Its products are high in technical content and high in profits. Therefore, it is the commanding height of competition among various major technology countries and large international companies. The threshold for intervention is higher. Even in the sub-sectors where the overall gross profit margin of the industry is low and the investment is not high, there will be continuous emergence of high-tech products, and some companies with strong profitability will be bred. Therefore, the overall trend of the industry is high investment and high returns.
Medical imaging equipment is an indispensable component of hospital medical equipment and an important embodiment of the hospital's comprehensive strength. It not only provides important guarantee for clinical diagnosis and treatment, but also provides an important platform for clinical scientific research. As a comprehensive platform, imaging equipment plays an important role in promoting the development of the hospital.
With the development of China's medical industry and the upgrading of some hospital equipment, the market demand for medical imaging diagnostic equipment in China has increased dramatically in recent years, which has objectively promoted the development of China's medical imaging diagnostic equipment industry. In the process of rapid development, Some enterprises have continued to grow and develop, forming a certain degree of competitiveness, and the market share of medical imaging diagnostic equipment independently produced in China has increased.
About 15% of the medical devices in the national primary health care institutions are products before and after the 1970s, and 60% are products before the mid-1980s. The process of upgrading them is a process of demand release. The rapid growth of China's medical device market in the next 10 years or even longer. With the deepening of reform and opening up, the continuous increase of state support and the acceleration of the process of global integration, China's medical device industry is advancing by leaps and bounds.
Medical devices are an important part of the pharmaceutical industry. For consumers, the configuration of medical machinery in medical institutions is second only to the standards that physicians use to judge medical institutions. The state has also devoted a lot of efforts to the development of the medical device industry. However, to date, China's medical device industry is still vulnerable to the competitiveness of local enterprises in the field of high-end products.
The medical device industry is a multi-disciplinary, knowledge-intensive, capital-intensive high-tech industry with high barriers to entry. The overall medical equipment level of Chinese medical institutions is still very low. About 15% of the medical equipment and equipment in the national primary health care institutions are products around the 1970s, and 60% are products before the mid-1980s. The process of their replacement is another process of demand release, which will ensure the rapid growth of China's medical device market in the next 10 years or even longer.