In addition to orthopedics and IVD: What are the potential stocks in the medical device sector?

China's medical device consumption only accounts for about 14% of the drug consumption market, while in the global market, the consumption ratio of devices and drugs is about 1:1, and there is still much room for growth in China's medical device industry . Important documents such as "Made in China 2020" and "13th Five-Year Plan" have clearly listed high-performance medical devices as key development industries. In the future, the development of China's medical device industry will accelerate.

In addition to orthopedics and IVD: What are the potential stocks in the medical device sector?

This paper analyzes the market size of the four sub-sectors of home medical equipment , pharmaceutical equipment, orthopedic equipment, and in vitro diagnostic equipment. By 2020, the market size is expected to reach 324 billion yuan.

1. Home medical equipment - the market size is expected to reach 150 billion yuan in 2020

As the development of China's medical industry gradually transitions from treatment to rehabilitation and prevention, medical devices have begun to show trends from hospital medical devices to home medical devices. China is far lower than the developed countries' home medical devices in the medical device industry. This proportion of household medical equipment has great potential for development in China.

In the past five years, the market size of the industry has grown from 17.66 billion yuan in 2011 to 48 billion yuan in 2015. The compound growth rate in the past five years is close to 22%, which is higher than the average growth rate of medical equipment by about 11%.

In addition to orthopedics and IVD: What are the potential stocks in the medical device sector?

â–³2011-2015 China's family medical device market size and growth rate (unit: 100 million yuan)

There is a shortage of public medical resources in China. The detection and detection of chronic diseases is an effective way to alleviate the current lack of public medical resources, and it is also one of the directions for the future reform of the medical system. The contradiction between rapid growth in demand and shortage of public medical resources will stimulate the penetration of home medical devices.

At the same time, with the improvement of residents' income level, people's attention to health management has increased, the market for family health care products has been gradually opened, and the development of science and technology has made home medical devices more automated and intelligent, and product functions have become increasingly perfect. The family's desire to hold medical devices has increased, providing a broad space and huge business opportunities for the development of China's home medical device market.

In the next five years, home medical devices will grow at a rate of about 25% per year. By 2020, the industry scale is expected to reach 150 billion yuan.

In addition to orthopedics and IVD: What are the potential stocks in the medical device sector?

â–³2016-2020 China's home medical device market scale forecast (unit: 100 million yuan)

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