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What are some of the good things coming out of the medical device industry as policies continue to be made?


Release time:

May 30,2024

With the policy favourable spring winds continue, the medical equipment plate appeared more obvious rebound trend. From the news: ‘the hospital and other equipment acquisition and renewal and transformation of new loans, the implementation of phased encouragement policy, the central financial subsidy of 2.5 percentage points, the period of 2 years, apply for subsidies as of 31 December this year.’ This means that the hospital financial pressure to ease, then medical equipment and pharmaceutical companies will be faster payback, pharmaceutical companies also have more funds to equip new equipment and drugs, which belongs to is a direct benefit to the pharmaceutical and suppliers.

In recent years, under the promotion of China's policies related to encouraging the development of the pharmaceutical industry, some foreign-funded enterprises have actively invested in the pharmaceutical manufacturing industry, and related production and R&D projects have landed. Foreign-funded pharmaceutical companies to accelerate the localisation strategy, from R & D to manufacturing, and even the supply chain have shifted to localisation, to promote the optimisation and upgrading of the pharmaceutical industry chain in China. They are represented by many international medical device giants that localise high-end devices, such as Siemens and Boston Scientific.

The Healthcare Commission has proposed that the number of treatment beds should be fully allocated according to the size of the local population, and the construction of ICUs (Intensive Care Units) should be strengthened, with the requirement that the number of ICU beds should reach 10 per cent of the total number of beds.

From the situation of these 2 years, ICU can greatly improve the survival rate of critically ill patients, for critically ill patients to fight for time and opportunity for further treatment. At present, the ICU construction of hospitals at all levels in China generally suffers from the problems of insufficient beds and insufficient establishment of medical and nursing staff.

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