China's total output value of medical devices reached 500 billion yuan, an average annual increase of over 10%
The Medical Device Blue Book —— "China's Medical Device Industry Development Report (2017)" was released in Beijing on the 28th. According to the Blue Book, as of the end of 2016, there were 15,343 medical device manufacturers in China, and the total output value of the medical device industry was nearly 500 billion yuan. China has become one of the major producers and major consumers of medical devices worldwide.
The "China Medical Device Industry Development Report (2017)" is the first blue book of the Chinese medical device industry. The report was compiled by more than 70 experts from relevant administrative departments, industry associations, universities and colleges and enterprises from across the country. It is a relatively comprehensive and systematic industry report so far, which fills a gap in the Chinese medical device industry and has certain guiding significance for the future development of the industry.
According to the Blue Book, the medical device industry in China has developed rapidly in the past few years. The growth rate of the main business income of the above-scale enterprises is 11.66%-22.20%, which is significantly higher than the growth rate of the national economy during the same period. The high-end medical device R&D production is gratifying and innovative. Products are emerging at an accelerated pace. However, from the overall development of the industry, especially compared with developed countries, there is still a big gap.
The Blue Book states that, first of all, the average size of China's medical device manufacturing enterprises is too small; second, China's high-end medical devices have a small gap between the overall quality and the level of technology compared with similar products from developed countries; Third, the proportion of R&D investment is low. The original innovation ability is weak; Fourth, domestic medical device products have barriers to enter the hospital market.
According to the Blue Book, the market for China's medical device industry will continue to expand. It is estimated that by 2020, the total annual sales of medical devices in China will exceed 700 billion yuan, and the average annual growth rate of China's medical device industry will continue to be maintained at more than 10% in the next 10 years.
The Blue Book also believes that, judging from the trend of Chinese medical device import and export, the total volume of imports and exports will increase further. Among them, imported medical devices will continue to be dominated by high-end imaging products; the proportion of export high-end medical devices will continue to increase, and the variety of export medical devices will gradually improve.