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After the start of the new medical reform in 2006, the industry ushered in a new historical period. Under the influence of many fundamental factors such as industrial upgrading, import substitution, changes in population structure, changes in disease spectrum, and medical reform, diversified strategic appeals, fierce competition in the industry, and capital strength have become catalysts for industry consolidation, with endogenous characteristics and externalities in the industry. Under the joint action of the environment, leading companies in the field of medical device segmentation in China have landed on the capital market.
Moreover, listed companies have also maintained a relatively rapid growth rate, which has greatly exceeded the global medical device industry growth of about 5%. However, from the perspective of the global proportion of China's medical device industry or the market value of medical device listed companies, the gap between China's medical device industry and the world's advanced level is obvious.
The Medical Device Innovation Network follows the listing footprint of medical device companies from the 1990s to 2012 and provides an overview of the ups and downs of the medical device industry. At present, there are more than 30 listed companies in the global capital market that use medical devices as their main business.
At the same time, the medical device industry has its own particularity and is more obviously affected by the national policy. Medical device companies also show their own development curve with the development of China's economic situation and capital market. Similarly, listed companies are the representatives of the leading companies in the medical device segmentation industry. The listing and development of medical device companies over the years has also represented the industry to some extent. The overall development trend.
From the initial stages of primary health materials to the initial stage of expansion, and to the stage of structural changes promoted by private capital in the 1990s, China's medical device industry completed its original technology and capital accumulation, and initially achieved product structure adjustment and regional industries. layout.