Medical RF equipment growth rebound in ultrasonic equipment optimistic

In 2007, in China's rapid economic development, people's health awareness dramatically improve, medical insurance policy gradually to good, good, China medical electronics market continues to grow, its size reaches 247.3 billion yuan, an increase of 17.3%.

Market segment, electronic instruments and devices, RF devices, Ultrasonic instruments, laser devices and equipment, biochemical Analyzer these five products also render different development trend. Where medical electronics share still ranked first, medical RF equipment growth rebound, promising medical ultrasonic equipment.

Table 1 2007 China major medical electronics market size

Data source: CCID consulting, 08 2008

Medical electronic products share the top ranked

In 2007, with the increase in medical institutions, medical subjects of refinement, the specialization of medical diagnosis, medical electronics products (mainly include the heart, brain and muscles, eye-instruments and equipment; monitoring instrument; ECG, physiological oscillographic records and instruments; apparatus for determination of blood; electronic device for measuring the temperature, pressure, etc) of the demand side in a widening, product demand increasing, its sales volume was ranked first in the medical electronics, 129.3 billion, more than 50% market share.

Of these, ECG, physiological oscilloscope and recording instruments to achieve sales 30.4 billion market share reached 23.5%, ranked first in the market segment. But in China increased rapidly due to the beds in the hospital and on guardianship equipment of high demand and thus greatly contributed to this class of products to the rapid growth of the market. In addition, a number of monitoring instruments and equipment for household and telemedicine gradually rise also makes this kind of product sales strong, at present, China's monitor the needs of the market is in a period of rapid rise. In addition, as a general strengthening of health consciousness and life quality improvement, medical electronics gradually entered the home, including ECG, blood pressure, blood glucose monitoring device as well as the products become important product family application, thereby becoming the whole medical electronic products market size and rapid growth of important driving forces.

Figure 1 2004-2007 China Medical electronic equipment and devices to market size and growth

Data source: CCID consulting, 08 2008

Medical RF equipment growth rebound

In recent years, the medical RF instruments (including x-rays, computer tomography, magnetic resonance apparatus, etc), rendered slow growth rates have been declining trend, but in 2007, this phenomenon is improved, market growth from 2006 15.5% rose to 16.3%.

This is largely because, as the country's medical product purchase related policies of adjustment and related medical institutions on such products demand saturation, this segmentation product market growth appear slowly downward trend, but as China's rural and community-based health care system of gradual improvement, as a basic diagnostic equipment, medical RF equipment market and start a new round of fast growth. In addition, General Electric, Siemens, and other related companies for our rural and community medical market and the development of cost-effective economy also make RF equipment purchase requirements.

Specific to the subdivision of the product, the normal x-ray products is the most basic medical diagnostic equipment, and because of the price dropped, and purchase amount remains at a high level, its market share consistently maintain rapid growth.

In 2007, our computer tomography (CT) and magnetic resonance imaging (MRI) market demand has begun a new round of growth, mainly second, three-city hospital on middle and diagnostic equipment purchase increasing demand as well as a line of city hospital on the existing class devices to high-end products for the replacement of the set period to come.

Figure 2 2003-2007 China Medical RF instruments market size and growth

Data source: CCID consulting, 08 2008

Good prospects for medical ultrasound equipment

Medical ultrasound equipment mainly include colour ultrasound equipment and ultrasound equipment and other products for black and white.

In 2007, the market for sales of 28.7 billion yuan, an increase of 20.1%. Where color ultrasound sales 17.9 billion, and ordinary black b-as a result of lower prices, its only 8.1 billion in sales.

Figure 3 2004-2007 China medical ultrasound equipment market size and growth

Data source: CCID consulting, 08 2008

Overall, at present, China medical ultrasound equipment products have been transferred to the city by the level two and three-level city, and County, rural level of medical institutions, but the price is relatively high, the market potential is not fully free, but manufacturers are all access to and demand for our market, developed a low-budget, economical product at the same time, GE, Philips, etc as representatives of foreign ultrasound equipment suppliers have increased production base in China, or even the size of the r, to a certain extent reduce product cost, thereby further reducing the product price.

In a series of factors, China medical ultrasound equipment market prices continue to go down quickly promoted the further popularization of products, in addition, continuous improvement of the ultrasound technology for medical ultrasound equipment to performance better, clearer image, easier operation provides a strong guarantee for the development of stimulating the ultrasonic instrument renewal process, which leads to more market opportunities. In addition, with the Chinese community health care system of gradual improvement, as the community healthBasic hardware facilities, ultrasonic equipment market, especially Portable Ultrasonic will render the continued growth of a good situation, which will provide the equipment market by further development and security.

However, should not be overlooked that the increase in market demand significantly contributed to the increase in sales of ultrasound diagnostic instruments, because the technology further mature and gradually reduce product cost, ultrasonic unit price is also gradually decline, the current profit on a relatively high color ultrasound equipment and other high-end products is particularly evident in performance, it also makes the product market sales and sales growth faster growth but there is a trace down situation, but in the long term, in great demand of support, ultrasonic equipment market will remain more optimistic.