The localization process of high-value consumables will continue to expand the scale of the medical device market.

The 2016 International Medical Equipment and Equipment Exhibition will be held from August 2nd to 4th at the Miami Beach Convention Center in Florida. The products cover medical equipment , diagnostic and therapeutic equipment , hospital integrated information technology and services. As the largest medical equipment and equipment exhibition in the United States, the exhibition will integrate resources to provide professional display platforms for medical device manufacturers, effectively open up the global market and play an important role in promoting the development of the medical device industry. The agency expects that by 2018, the global medical device market will reach $440 billion.

The medical device industry mainly involves many technical fields such as medicine, machinery and electronics. Its core technologies cover medical polymer materials, laboratory medicine, hematology, life sciences, etc. It is a multi-disciplinary, capital-intensive high-tech industry. The basic characteristics of high-tech medical equipment are digitalization and computerization. The high technical content and relatively high profit of the products have become the focus of competition among the world's major enterprises, and have become an important factor in measuring the comprehensive strength of a country and the development level of science and technology. Sign.

According to statistics from the European Medical Device Council, the United States, the European Union, and Japan account for more than 80% of the global medical device market. Among them, the United States is the world's largest producer and consumer of medical devices, accounting for more than 40% of the world's consumption. Last year, the global pharmaceutical market was about $1,148.8 billion. Among them, the medical device market is about $350 billion. It is expected that the global pharmaceutical sales growth rate will remain at 4% to 7% in the next few years, while the medical device growth rate will remain above 8%, and the growth rate of the medical device market will continue to be higher than the pharmaceutical market.

Last year, China's medical device market was about 308 billion yuan, an increase of 52.4 billion yuan over the previous year, with an average annual growth rate of about 20%. As China's population ages and the support policies increase, the scale of the medical device market is expanding. Among them, high value-added medical materials such as interventional devices, implants, and artificial organs required for orthopedics and cardiovascular diseases will usher in rapid growth opportunities. The agency expects that by 2018, the market size of orthopedic implant consumables and cardiovascular stent consumables in China will reach 21.2 billion yuan and 38.8 billion yuan respectively.

Previously, the State Food and Drug Administration issued the "Guidelines for Clinical Trial of Coronary Drug Eluting Stents", which greatly improved the entry barrier for stent products. In recent years, the growth rate of China's stent market is around 20%. It is expected that the compound annual growth rate of China's stent market will reach more than 25% in the next few years. At present, China's stent market has basically achieved localization replacement, accounting for about 80%. In addition, the China Surgical Implants Committee data show that by 2050, the number of osteoporosis patients in China will increase to 212 million. Osteoporosis is the main cause of fractures, osteonecrosis, disability, etc., and the demand for orthopedic implant consumables will increase significantly in the future. In recent years, the market size of orthopedic implants in China has continued to expand, with a compound annual growth rate of around 18%.

In addition to the localization of stent products, most of the high-value consumables market in China is monopolized by imported products, resulting in a high overall price of high-value consumables. Accelerated in the series policy

Driven by the landing and the increasing market demand, China's high-value consumables industry will usher in a new round of localization.

CURELAX

KOKEN Co., Ltd , https://www.hnb-maker.com