China Medical Devices Industry Report 2020: Critical Factors Behind the Booming Industry
Dublin, Oct. 29, 2020 (GLOBE NEWSWIRE) -- The "Domestic Substitution & a Heated Capital Market: The Medical Devices Industry in China in 2020" report has been added to ResearchAndMarkets.com's offering.
China's medical devices field has never been considered a high-end market - not even now. But the climate and circumstances are changing very fast. In the old days, advanced medical devices were all imported and provided for inland consumers under strict controls. As for technology, talents and capital are becoming one force; domestic substitution has become an unstoppable trend. It implies the upcoming rise of the industry and the high-speed growth of those local companies in the medical devices industry.
Since 2018, China has become the fourth largest medical device market worldwide, following the US, western Europe and Japan. As the population ages, domestic demand is expected to expand further. Moreover, after the recent accelerated economic development, people require higher-end healthcare services and products. The gap between consumer expectations and actual supply drives industry players to flow into a more sophisticated market.
To catch up on the wind of medical devices, investors need to know which particular segments in the broad industry to aim for and what companies are performing well in the Chinese market. Thus, the author analyzes the macro-level drives, pinpoints benchmark companies in the top three limelight segments and assembles lists of promising picks.
After the analysis, the author believes the medical device industry in China is a relatively 'dormant' gold mine with the full potential to be exploited. Since the outbreak of COVID-19, China has depicted a very resilient economy and a dynamic market. The anti-fragile capability is rooted in a relatively stable society and consumption potential of the large-number population.
In this report:
In the first chapter, Market Dynamics, the author primarily uses the PEST matrix to constitute the analytical framework for comprehensive coverage. Besides, the data-driven analysis in the report outlines China's capital and investment flow and policy overview.
In Chapter 2, Fast Growth & Multi-baggers, the publisher chooses one benchmark company for each particular segment - medical imaging, heart stents and orthopedics. With a detailed financial look into these target examples, the author builds multiple models to reevaluate companies.
In Chapter 3, the top 15 public medical device companies and 15 most noteworthy private companies are picked out. These 30 companies represent the current and future look of the industry.
Key Topics Covered:
Introduction
Highlights
Market dynamics
Critical factors behind the booming industry
Technology: the core growth engine
Capital: the invisible hand
Policy: the lighthouse showing trend
Fast Growth, Multi-baggers
Valuation analysis of three benchmark companies in top segments
Mindray: the most expensive medical device stock
Lepu: the Chinese challenger in heart stents
Weigao: the next dual-listed star in orthopedics
Most to Watch
Hot picks in medical devices
Big names to look out: 15 most investable public firms
Startups in spotlight: 15 most noteworthy private firms
Appendix
Detailed information of mentioned companies and analysis
Investees by Hillhouse, Sequoia China and Qiming Ventures
Companies Mentioned
AK Medical
Autobio Diagnostics
BGI Genomics
Beijing Aerospace Changfeng
Blue Sail Medical
BrosMed Medical
DK Medtech
Darma Medical
Dian Diagnostics
Double Medical
Guangdong Biolight Meditech
Hahai Biological
Huiyihuiying
InferVision
Jafron Biomedical
Kinetic Medical
Kinetic Medical
Lepu Medical
LifeTech Sciences
Medtrum Medical
MicroPort Scientific
Mindray Medical
Neusoft
New Horizon Health
Ovctek
Sanyou medical
Sinocare
SonoSpace Medical
United Imaging
Vocel Cloud
Wandon Medical
Weigao Medical
Yuyue Medical
For more information about this report visit https://www.researchandmarkets.com/r/hbpkbx
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