Wang Baoting: China's medical device industry in 2020 is expected to exceed 70 billion yuan sales

"The deepening of the review and approval system reform to encourage drug medical device innovation advice" recently issued, by the community close attention. China Drug Administration Research Association Deputy Secretary-General, medical device regulatory research professional committee chairman Wang Baoting in the recently held "China Medical Device Industry Development Report (2017)" conference pointed out that China has become the world's major medical products manufacturers and one of the major consumer countries. Looking forward to industry prospects, medical device market will continue to expand to 2020 China's medical equipment industry's total annual sales are expected to exceed 700 billion yuan in the next 10 years, China's medical device industry will continue to maintain an average annual growth rate of more than 10% increase.

Wang Baoting said that China's medical equipment manufacturing enterprises from the beginning of the reform and opening up hundreds of home increased to 15,343 by the end of 2016; medical equipment industry from the beginning of the reform and opening up the negligible increase to 2016 nearly 500 billion yuan But from the overall development of China 's medical device industry, especially in developed countries compared with the medical device industry, there are still many problems.

To this end, Wang Baoting put forward three proposals: First, to speed up the joint reorganization of existing medical device manufacturers, as soon as possible to China's medical device industry bigger and stronger; the second is to increase R & D investment, and constantly enhance the original innovation, To meet the needs of the market; Third, in accordance with the national industrial structure on the adjustment of the overall requirements, it is recommended that the relevant departments or industry associations to publish medical products every year to encourage the catalog to guide the medical device industry health Development, macro - control of medical equipment production and demand for the general balance.

For the medical device industry prospects, Wang Baoting said that the national policy environment is conducive to the development of the industry, medical device market will continue to expand, the new medical reform policy will stimulate the rapid expansion of China's low-end medical device market, domestic independent innovation medical equipment will continue to emerge, Medical equipment import and export will continue to increase, the medical device industry mergers, restructuring will accelerate, home medical equipment will flourish.

He believes that with the country on the stable growth rate, adjust the structure, transfer mode and other industrial policy implementation, China's medical equipment industry will accelerate the internal adjustment, mergers, joint, reorganization will be more frequent, horizontal integration and vertical integration Mergers and acquisitions will appear, the production will accelerate to large medical device business concentration, many small businesses will focus on a device or some kind of equipment parts of the research and development work, or large medical equipment manufacturing enterprises mergers, reorganization; The strength of the domestic large-scale medical equipment enterprises mergers and acquisitions have market prospects, there are characteristics of the relevant medical equipment business.Communication equipment circulation will accelerate to the national or regional leading logistics enterprises focus on small and medium-sized dealers will be the direction of professional development, or Large medical equipment circulation enterprises mergers and reorganization.Prediction of the next 5 to 10 years, China's medical equipment industry 'aircraft carrier' will likely in the Pearl River Delta, the Yangtze River Delta or the Bohai Sea region was born.

It is reported that "China medical instruments Industry Development Report (2017) "is the first blue book of China's medical device industry.The report from the relevant administrative departments across the country, industry associations, universities, enterprise Of more than 70 experts jointly compiled to complete, is so far more comprehensive, systematic industry reports, to fill the gaps in China's medical device industry.