The rise of home medical equipment

With the improvement of living standards and the aging of China's population, home medical devices have ushered in a new development starting point. Compared with large instruments in medical devices such as CT, X-ray machines, and nuclear magnetic resonance, personal and household medical devices such as blood glucose meters and blood pressure monitors can only be regarded as "small dots." However, these small things have a broader market space, which has attracted more and more attention in recent years. Many medical device manufacturers have turned their attention to this field.

According to statistics from the China Medical Device Industry Association, the total output value of China's medical devices exceeded 100 billion yuan for the first time in 2010. Among them, the growth of home medical devices has maintained a 30% growth rate for five consecutive years. In the case of diabetic patients purchasing blood glucose meters alone, the number of diabetic patients in China was more than 41 million in 2004, and the rate of at least 3,000 people per day increased, but only 1.5% of patients with blood glucose meters, and this proportion is up to 90 in Europe and the United States. %the above.

This is just the tip of the iceberg. In developed countries in Europe and America, medicines and medical device products account for half of the total pharmaceutical output value, while China is only 9:1. In the West, home medical devices account for 40% of the total medical device output. It is estimated that it will not be used for 10 years, and the proportion of household pesticides for pesticide residue rapid detectors must be at least reversed. In 2009, the cost per household medical device in China was less than 7 yuan, which is a huge room for improvement compared with 90 yuan/person in the United States and 75 yuan/person in Japan.

It can be seen that home medical devices will enter thousands of households like TVs and refrigerators. At the same time, like the field of home appliance circulation, there are huge business opportunities in the field of medical devices. “Home medical devices will be a growth industry for the next 20 or even 50 years.”

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