Medical Devices Should Strengthen Local Advantages

Medical Devices Should Strengthen Local Advantages In recent years, the demand for medical devices has been on the rise, and there is an increasingly widespread market in the pharmaceutical industry. However, due to the long-term emphasis on the use of imported equipment by medical institutions, coupled with lax supervision over tendering, some domestic high-end medical devices suffer from discrimination. It is difficult to expand the domestic market.

In the past two years, China's medical device market has grown at a rate of 25%, far exceeding the 7% growth rate of the international medical device market. Comparing the output ratio of medical products and medical products of 1:6 with the international market's 1:1 output ratio, we can see that the potential of the Chinese market is very impressive. However, overseas companies are even more dominant in this industry than China's. Domestic companies are hindered by many factors. Its constraints not only come from the manufacturing technology, but also from the long-term "market for technology" model in the domestic market left many after-effects.

The hospital is a major user of medical device products, and the current domestic hospital ratings and approvals list the hospital's imported equipment as one item, as one of the items for the investigation of the hospital level. This “Overlord Clause” directly suppresses the development space of domestic excellent manufacturing companies. The situation of “there is no market and there is no technology” is outstanding. If China's local manufacturing industry has to endure the erosion of high-quality imported products, then the unreasonable system is that our country is doing its own job.

The irrational system is also reflected in the fact that hospitals can discount expensive imported products. The medical equipment purchased by the hospital belongs to the scope of medical insurance reimbursement. Imported products are the key items for medical insurance reimbursement, and the high rebate of imported products is no longer a secret, thus creating a “hotbed” for imported products. There are even a few hospitals that purchase imported products on the instrument procurement book. With the technology still immature and the market tilting seriously, the domestic medical device manufacturing enterprises are in a more difficult situation.

Faced with such a promising development prospect of medical devices, foreign companies are eyeing this piece of fat. Domestic enterprises should seize the opportunity to develop and strengthen the market share of domestically-made equipment instead of being seized by foreign companies.

Key Intermediates

Intermediate – Intermediate: A material produced during a drug substance processing step that must undergo further molecular modification or refinement to become a drug substance. Intermediates may or may not be isolated. Intermediates are the key products of the previous process of making APIs, which are different in structure from APIs.

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for example:

Amoxicillin capsules are called preparations, amoxicillin is called API, and 6-APA is called intermediate.

Ceftriaxone sodium powder is called preparation, sterile ceftriaxone sodium is called API, and 7-ACA is called intermediate.


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Xiangqingye

Intermediate is a very important type of fine chemical products. Its essence is a type of "semi-finished product", which is an intermediate product in the production of certain products. For example, if a product is to be produced, it can be produced from intermediates, saving costs and reducing It is widely used in the synthesis of medicines, pesticides, coatings, dyes and spices. In the field of medicine, intermediates are an important link in the industrial chain of the pharmaceutical industry. They are used for some chemical raw materials or chemical products in the process of drug synthesis. In a word, they are used to produce APIs.

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