POCT application status: a wide range of applications
POCT, real-time testing, refers to the clinical testing performed beside the patient (bed side testing), which is usually not necessarily performed by a clinical examiner. Analysis is performed immediately at the sampling site, eliminating the need for complex specimens in laboratory tests. Processing program, a new method for quickly obtaining test results.
As an effective supplement to large-scale detection equipment, POCT has the following advantages over large-scale detection equipment:
Chart 1: POCT VS Large-Scale Inspection Equipment
Source: Forward-looking Industry Research Institute
It can be seen that the wider application scenario is a significant advantage of POCT. According to the "2018-2023 China's In vitro Diagnostic Industry Market Demand Forecasting and Investment Strategic Planning Analysis Report" released by the Industry Research Institute of Forward-looking Industry, POCT is currently mainly applicable in China. For blood glucose testing, blood gas/electrolyte classification testing, cardiovascular testing, pregnancy testing, infectious disease testing, drug abuse testing, and other types of testing. Among them, blood glucose testing accounts for 28.84% of POC business, and blood gas/electrolyte accounts for 17.44%, cardiovascular tests accounted for 10.23%.
Exhibit 2: POCT Industry Products by Application Area (Unit: %)
Source: Forward-looking Industry Research Institute
POCT competition status: foreign-funded enterprises
There are currently more than 400 in vitro diagnostic companies in China, but they have truly independent research and development and production capabilities, and only a few of them have a certain scale. The companies in the industry are generally small in scale, with few varieties, and the overall quality and technical level are relatively low. weak.
Judging from the current domestic POCT industry competition status, mainly foreign-funded enterprises are the main players. Domestic enterprises have relatively strong competitiveness in the field of immunocolloidal gold technology, and in other areas they are far less than foreign-funded enterprises.
Exhibit 3: Major domestic POCT competitors (Unit: %)
Source: Forward-looking Industry Research Institute
In terms of the size of the industry market, the 2017 POCT market sales volume in China is approximately RMB 7 billion (excluding glucose), and the compound annual growth rate in 2013-2017 is 22%, which is mainly attributed to the introduction of grading diagnosis and treatment since 2015. The rapid growth of the industry.
Exhibit 4: Domestic POCT Market Size 2013-2017
Source: Forward-looking Industry Research Institute
POCT Industry Trends: Technology + Demand Drives Rapid Industry Development
Forward-looking Industry Research Institute believes that the emergence of new technologies in the future and growing market demand will be the core factors driving the development of China's POCT industry:
1, technology-driven
The application of high-tech in POCT will have a new upsurge.
Colloidal gold technology, chemistry, electroluminescence, time-resolved fluorescence, immunochromatography, immunospot permeation technology, biosensor technology, and the introduction of new technologies for biochips have become a powerful pillar in the development of POCT technology. Take colloids as an example. The outstanding progress has changed from the initial qualitative to the accurate full-quantity measurement. Therefore, the colloidal gold technology has a unique competitive advantage in the POCT real-time inspection academic field. It can fully meet the technical requirements of 'grab the time and space-saving' and improve the accuracy of the technology. When the cost of testing has made greater progress, its development potential is huge.
2, demand driven
On the one hand, the continuous expansion of the demand field has brought about growth in demand: Community medical care, physical examination centers, OTC, family health care, customs, food, epidemic prevention, military, schools, and other social sectors have high demands for POCT technology. These new areas are expanding. These new technologies will bring more demand in the next decade.
On the other hand, the growth of the demand population has brought about an increase in the demand for POCT: With the advent of an aging society in China, there are more and more people suffering from chronic diseases (diabetes, coronary heart disease, liver and kidney disease), and they not only hope to get the hospital's System diagnosis and treatment requires more self-examining, simpler and more easily mastered POCT techniques and instrument.
The third aspect is China's commitment to medical reform in recent years. The core of the new medical reform is to enable all urban and rural residents to obtain basic medical care. The concept of basic medical care includes the necessary inspection items for diagnosis. How to carry out inspections at primary medical service points in township communities The 'appropriate technologies' mentioned in the medical reform program provide opportunities for the development of POCT. China has a large number of people and the country cannot afford to spend large sums of money to deploy large-scale automated inspection equipment at primary medical points, and community medical care does not adapt to this. Large-scale instruments. Instant-inspection instruments are characterized by 'small size and portability, simple operation, convenient use, and instant reporting'. They are most suitable for medical services in urban and rural communities, enabling the government to invest less and enabling the public to enjoy the necessary inspection services.
