Medical devices - an important market in China's metal injection molding industry

Medical devices - an important market in China's metal injection molding industry

Core tip: In recent years, the market size of China's medical devices has been expanding. In 2011, the market size of China's medical devices reached more than 120 billion yuan, and in 2012, it grew to 242 billion yuan. It is estimated that in 2017

In recent years, the scale of China's medical device market has been expanding. In 2011, the scale of China's medical device market reached more than 120 billion yuan, and in 2012, it grew to 242 billion yuan. It is estimated that it will increase to 597 billion yuan in 2017. China's medical device market is now in a period of rapid development, and will become the third largest market in the world after the United States and Japan.

The important instruments used in medical machinery, whose products involve medicine, electronics, machinery, powder metallurgy, plastics and other industries, are modern high-tech products integrating digitalization, computerization, multidisciplinary and cross field. The use of medical devices can provide people with medical services such as detection, monitoring, treatment and adjustment, and provide important guarantee for clinical diagnosis and treatment of patients.

In recent years, as China's aging social structure has become increasingly intensified, the country has reformed the domestic medical system, introduced various policies to improve the medical environment and conditions of citizens, and people's awareness of health has gradually increased. Medical instruments such as fat measuring instruments, blood pressure meters, blood glucose detectors, physiotherapy instruments have gradually entered the family, making China's medical device industry develop rapidly.

In terms of policy, the state proposed in the 12th Five Year Plan that "the number of beds and service volume of non-public medical institutions should reach the goal of 200% of the total number of medical institutions by 2015", and the Research Report on Healthy China 2020 Strategy released in 2012 clearly pointed out that seven major special medical systems involving up to 400 billion yuan will be launched in the next eight years, of which 109 billion yuan will be used for the technical configuration of county-level hospitals. In this context, the procurement demand of non-public medical institutions and county-level hospitals for medical equipment will greatly increase, and will further promote the development of the domestic medical equipment industry.

The rapid development of the medical device industry has provided a strong impetus for the development of the powder injection molding industry. Medical devices contain a large number of precision parts and sensors. Due to people's requirements for the accuracy of medical devices, they have high requirements for medical precision parts and sensors and other accessories. The medical accessories produced by powder injection molding have high accuracy, meeting the requirements of most precision medical devices for small, high-density, complex shape, high mechanical performance, etc, Therefore, the development of the medical device industry will also drive the use of injection molded parts. In the future, medical devices will still be an important market for China's injection molding industry.

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