The market status and competitive landscape of China's high-end medical equipment industry
The market status of China's high-end medical equipment industry.
In recent years, China's high-end medical equipment industry has developed rapidly, and a large amount of money has been invested in the upgrading of medical institution infrastructure, and enterprises have also actively invested a lot of money in R&D and equipment upgrading to meet market demand. China's high-end medical equipment industry is still in its infancy, and its market share is not high, but there is still some room for development.
According toMarket Research ** NetworkAccording to the analysis of the 2023-2029 market management and development prospect report of China's high-end medical equipment industry, in 2018, the total output value of China's high-end medical equipment industry reached 900 billion yuan, an increase of 84%。Imaging diagnostic equipment occupies nearly half of the market share, as well as diagnostic equipment, medical information systems, etc., all occupy a certain market share.
The state has increased investment in medical institutions, and enterprises have increased investment in technology research and development and equipment upgrades, and China's high-end medical equipment market will still have a large space for development. According to the data of the Chinese Bureau of Statistics, in 2019, the total output value of China's high-end medical equipment market is expected to reach 11 trillion yuan, a year-on-year increase of about 98%。
The competitive landscape of China's high-end medical equipment industry.
There are three main types of competition in China's high-end medical equipment industry: multinational company competition, domestic enterprise competition and foreign enterprise competition.
Multinational company competition is the main form of competition in China's high-end medical equipment industry. Many internationally renowned medical equipment companies, such as GE in the United States, Siemens in Switzerland, and Philips in Germany, have conducted extensive competition in China's medical equipment market. These internationally renowned companies have strong advantages in technology, equipment and services, so they occupy an important position in China's medical equipment market.
Domestic companies are also participating in the competition in China's high-end medical equipment industry. In recent years, a large number of domestic high-end medical equipment companies have emerged, and some of them, such as Shandong Meilianda, Shenzhen Lawson Technology, etc., have achieved good results in the international market. These domestic enterprises have gradually caught up with international enterprises in technology, and it can be said that domestic enterprises are also constantly challenging the status of international enterprises.
Foreign-funded companies are also entering China's high-end medical equipment industry to meet the needs of the Chinese market. In recent years, foreign-funded enterprises such as Edinburgh in the United Kingdom, Carestream in the United States, and Hitachi in Japan have all competed in the Chinese market, and these enterprises also have certain advantages in technology.
According to the complex competition pattern of China's high-end medical equipment industry, the competition of multinational companies, domestic enterprises and foreign enterprises exists at the same time, so the development of the industry is more challenging.