Medical equipment welcomes policy favors, leading companies benefit

In order to further support the development of international medical tourism-related industries in Hainan Province, the State Council decided to suspend the implementation of the second paragraph of Article 11 of the “Regulations on the Supervision and Management of Medical Devices” in the international medical tourism predecessor of Boao Music City, Hainan Province. For medical devices that are urgently needed by medical institutions in the forerunner zone and have not been registered for the same type of products in China, the people's government of Hainan Province shall implement the import approval and use it in designated medical institutions.

Implemented in Hainan medical instruments Import approval will play an impetus role in the development of the industry and bring benefits to the development of the industry. Through continuous investment in R&D and cross-border mergers and acquisitions, China’s leading equipment manufacturers have accumulated some core technologies to achieve the self-production of key components and have won End customer's high degree of recognition. Capital accumulation help enterprise The leap-forward development has been achieved, and the road leading to the rise of China's equipment will soon begin.

There are many subdivisions of medical devices, among which high-end products with high thresholds mainly include images, in vitro diagnostics, cardiovascular stents, and orthopedics. In China, the percentage of domestic imaging products is approximately 10-20%. For 30-40%, the diagnostic market for high-end products such as chemiluminescence is about 10%. In recent years, with the rise of domestic private enterprises, some subdivided products have been able to meet clinical needs. Talent The improvement of the capital and system has accelerated the domestic substitution process. Some subdivisions, such as the in vitro diagnostic blood cell market, have already had the ability to replace imports.

Decentralizing the right to approve imported medical devices to Hainan will continue to release the competitive advantages of high-end and domestic high-end devices as well as local related companies in Hainan. A-share market related listed companies Zhong Lepu Medical (300003.SZ), Antu Biology (603658. SH), Xinlong Holdings (000955.SZ) and Hyde shares (000567.SZ) deserve attention.