Analysis of medical equipment industry chain and market status
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Medical device industry chain
(1) Overview of the upstream and downstream of the medical device industry
In the "2016-2020 China Medical Device Industry Investment Analysis and Forecast Report", China Investment Consulting Co., Ltd. believes that the medical device industry is a multi-disciplinary, knowledge-intensive, capital-intensive high-tech industry with high barriers to entry. The medical device industry is an embodiment of a country's comprehensive industrial level, combining various high-tech achievements, combining traditional industries with biomedical engineering, electronic information technology and modern medical imaging technology. The technological advancement of the upstream industry and the level of downstream industries such as medical organizations and the demand for medical services in the society are closely related to the development of the medical device manufacturing industry.
The distribution of upstream and downstream industry chains in the medical device industry is shown in the following figure:
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(2) Relationship with the upstream industry
Due to the high technical threshold of the medical device industry, the production process is more complicated, involving more upstream industries, mainly including new materials, electronics, electrical, mechanical, software, non-ferrous metals and other industries. In recent years, as China has actively promoted industrial upgrading and technological innovation, the manufacturing fields such as mechatronics and precision manufacturing have achieved leap-forward development, laying a good foundation for the development of the medical device industry.
(3) Relationship with downstream industries
The downstream industry determines market capacity, consumer demand and spending power, which affect and determine the quality, technology and economics of medical device products. The downstream industry of medical devices is the medical service industry. The main body of medical service industry in China is medical service organizations at all levels, including major city hospitals, disease prevention and control centers, districts and counties, and community medical and health centers. With the healthy development of China's national economy, the investment in medical and health fields will increase substantially. At the same time, with the improvement of residents' health awareness, the expansion of the coverage of the medical insurance system, and the improvement of consumers' ability to pay, the market demand for medical devices will continue to grow rapidly.
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