The global market of your medical electronic products is emerging

Currently, from the perspective of the regional structure of the global medical electronics market, the United States, Europe, and Japan are still the main markets for medical electronics. However, with the improvement of medical electronic systems and the continuous expansion of market scale in these regions, their growth space and potential have been very limited. Some emerging regional markets, such as the Asia Pacific region represented by China and India, have maintained rapid growth in recent years, becoming important regions for driving global market growth and new target markets for international markets. Big companies compete.
The products of China’s medical electronic equipment companies will extend to the high-end product series, such as digital DR, multi-layer CT, high-end color Doppler ultrasound and other large medical imaging equipment, to increase the global market share of medical electronics; The government will continue to strengthen its efforts to support Chinese local enterprises, including direct introduction of core overseas talents, capital investment, channel support, etc; More and more medical functional equipment will extend from medical institutions to communities, families and individuals, and remote transmission and real-time health data collection will be further popularized. Telemedicine and some medical service centers, such as medical imaging centers, will emerge in succession. They will provide patient detection services, share information, improve the efficiency of medical resources, and solve the problem of uneven distribution of medical resources.
Let’s take a look at the bracelet that many people use daily. Is a relatively common wearable device. Currently, the most basic function of a bracelet is to record the number of steps and measure the pulse. Some products also claim to be able to measure calorie consumption, blood oxygen measurements, and electrocardiogram measurements. It may seem inappropriate to classify this bracelet with physiological indicators as a consumer electronic product, but it is not professional enough to classify it as a medical electronic product, because some bracelets have disclaimers in their statements that generally mean they cannot be used as medical devices. This situation is very embarrassing.
From the perspective of China’s major enterprises, China’s medical electronics enterprises are weak as a whole, with a significant gap compared with international giants such as Johnson&Johnson, GE, Siemens and Philips. In 2014, there were only 6 medical electronics enterprises in China with a revenue of more than 1 billion yuan. The total operating revenue of the top 10 medical electronics enterprises was about 21.96 billion yuan, less than 1/7 of that of Johnson&Johnson. Among them, the operating revenue of Mindray Group, the largest medical electronics enterprise in China, was 7.64 billion yuan, less than 1/22 of that of Johnson&Johnson in 2014. However, a number of national medical and electronic enterprises such as Mindray, Xinhua Medical, Lepu Medical and Shenzhen Lipang are growing rapidly. The products of these enterprises have not only occupied the domestic low-end medical electronic market, but also some high-end medical electronic devices have certain international competitiveness.
With the increase of the proportion of medical equipment used in people’s daily health care, while the cost of the product continues to be reduced, * it is worth paying attention to the safety, reliability, ease of use and other personalized requirements. At the same time, the patient’s data is extremely private and must be protected safely. On the other hand, the accuracy of diagnosis directly affects the results of equipment diagnosis, which is also the focus of future product design.
In terms of intelligence, there are more and more integrated functions of medical electronic products, such as monitoring devices that integrate diagnosis, monitoring, imaging, communication, and other functions, which are practical and easy to operate. In addition, there are more and more products targeted at regional common diseases, patient specific conditions, and payment levels of medical institutions. Specifically, products with the same functionality will be recombined in terms of composition and functionality based on the specific conditions of different regions and medical institutions, with prices adjusted to better adapt to the actual needs of different buyers.
Artificial intelligence has great development space in the future medical machinery industry, including software and hardware, such as AI embedded technology, image processing technology, sensor technology. The continuous improvement of electronic components has a significant impact on the development of medical equipment industry, especially in the field of technology integration. The demand for electronic products in the medical device industry is mostly multi variety and small batch. If a production line only produces a single product, it requires a large amount of capital investment, many of which are repetitive investments. In the future, medical device research and development institutions will mainly provide core technology and entrust large electronic manufacturing enterprises to produce large finished products.