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Several characteristics of the domestic medical device industry

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According to China Customs data, the total volume of medical equipment transactions in China reached US$34.31 billion in 2013, an increase of 14.13% year-on-year for bipolar coagulation forceps, an increase of 1 percentage point over the previous year. Meanwhile, the export value was US$19.335 billion, an increase of 9.92% year-on-year. Compared with the previous year, it decreased by 2 percentage points; the import value was 14.975 billion US dollars, an increase of 20.07% over the same period of last year, an increase of 5.5 percentage points over the previous year; the transaction surplus was 4.36 billion US dollars, down 14.8% year-on-year.
Economic growth slows down
In 2013, China's economic growth slowed down, which was an increase in the form of economic transformation and structural adjustment of the bladder. Although the increase is lower than the previous double digits, this increase is more important towards a more balanced, higher quality and more durable trend. Today, China's medical equipment transactions in 2013 are significantly stronger than exports, which is inseparable from the current decomposition of various international economies. For example, developed economies have moderate jobs but limited economic growth, emerging economies are subject to inflationary pressures and economic growth. The rapid release of embarrassing constraints has caused the global economy to reduce the overall demand for medical devices, and how much has an inevitable impact on the external trade of Chinese medical devices.
Increase investment in research and development
At present, China's medical device industry has basically formed a multidisciplinary research and development system. China has opened a single-hole laparoscopic surgical instrument to enter the mid-range commodity-based high-end goods, from small to large, from weak to strong new stage. However, the core skills of advanced commodities are fundamentally controlled by large foreign companies. The country has now increased its investment in medical device development. As long as the domestic medical equipment profession is based on the company as the mainstay, the shopping mall is the guide, the combination of production, learning, research and use, and the skill-based system, which combines the social resources and the collective advantage of the industrial development, can be very good. Approaching the international level and achieving more rapid development.
The overall level of industry is at a lower-middle level internationally
The innovation of China's medical device companies can be enhanced, but the ability to differentiate and transform the effects can be thin. Key components rely on imports, and high-end goods are still mainly copied and improved. The potential of China's shopping malls is huge, and scientific and engineering research in some areas has reached the international leading level. Moreover, the international medical equipment frontier industry has only started for more than 10 years, and China has great expectations to catch up and catch up with the international level.
Foreign brands and joint venture brands have an advantage in high-end shopping malls
High-end medical equipment shopping malls are still monopolized by developed countries. The high-end commodities in the current shopping malls, such as CT and MRI, are still from a few developed countries such as the United States and Japan. They have the leading skills and are the leaders in the global medical device industry.