1.Industry history
The development history of China's medical device industry is generally divided into three stages by industry insiders based on the following events:
The first stage, from the founding of the People's Republic in 1949 to the 30 years between the reform and opening up proposed by the Third Plenary Session of the Eleventh Central Committee of the Party in 1978. Because it has not yet been integrated into the world economic cycle and the foundation of foreign trade is relatively weak, it is usually regarded as the stage where China's medical device industry solves the very low-end basic needs, and can also be called the low-end self-sufficiency stage.
The second stage, from 1978 to 2010, the first year of reform and opening up, 30 years between China surpassing Japan and becoming the world's second largest medical market. Thanks to the continuous improvement of macro-industry policies, the continuous strengthening of China's manufacturing power and the continuous enrichment of the supply chain ecosystem, more and more categories of medical devices have begun to be replaced by domestic products, and some categories are gradually exported to the international market to participate in the international market. Chemical competition. It is considered to be the stage when China's medical device industry began to solve import substitution and began to try to build an international industry ecology. It can also be called the stage of gorgeous turnaround.
At this stage, we have witnessed the formation and growth of Chinese leading companies in several major market segments of the medical device industry, such as Mindray, which is deployed in the direction of intensive care equipment (Patient Monitoring) and IVD (In Vitro Diagnostic), and imaging diagnostics ( Neusoft from Diagnostic Imaging, Weigao from Orthopedics, Minimally Invasive from Cardiology, Xinhua from Hospital Equipment and Hospital Equipment, etc.
Increased industry concentration in market segments, accelerated import substitution and export competition, have become the main theme of the medical device industry in the next decade of this stage.
Three stages, from 2010 to present, how to name and define this stage will take time. However, it is not difficult to see from the following facts that thanks to the improvement of the country’s comprehensive strength, the embodiment of the country’s will in policies, and the increase in demand for cost-effective products in the international market, China’s medical technology innovation has gone through the second phase of 30 years After accumulation, it has entered a new stage of rapid development and technological upgrading. Since then, China's medical device industry has formed a more advanced development situation with more complete product categories and more prominent innovation capabilities, and has begun to reshape a new pattern of global medical device competition.
Surgaid Medical (Xiamen) Co., Ltd
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Surgaid products:
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