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A number of giants are competing across the medica

Source:  Release time:2019-04-04

Tencent and huawei entered the medical device industry last week in the form of strategic cooperation and the change of business scope. Earlier this year, baidu also announced the end of the competition.Reporters learned that after years of rapid growth, China's medical equipment overall "plate" has jumped to the second place in the world, and the shortage of grassroots medical institutions equipment, so the giants to nuggets.
It is known that among Chinese medical device enterprises, only four listed companies, mindray medical, weigao medical, xinhua medical and dean diagnostics, have sales revenue of more than 5 billion yuan in 2017.The total operating revenue of domestic listed companies is 83 billion yuan, less than one-fifth of the overall medical device market in China.Industry data shows that by the end of 2017, there were 16,000 medical device manufacturers like JCR Co., in China.
"It seems that there are quite a few manufacturers, but most of them are small in scale and poor in competitive ability, IBP TransducerTemperature  SPO2,which leads to a big gap between them and foreign giants in terms of technical content and humanized operation."Fortunately, China's medical device industry has huge market potential, high profit margins and policy support,the observer said.