The monitor market is a big cake at the forefront

Business Club May 12th Foreign-funded enterprises are still the main exporters

State-owned enterprises and foreign companies have a similar share of imports

With the continuous development of the global economy and the increasing aging of society, clinical surveillance of critically ill patients and potentially dangerous patients continues to increase, and under the backdrop of the rapid development of computer-related technologies, the global demand for patient monitors has grown significantly. The import volume of patient monitors in China rose from 0.75 billion U.S. dollars in 2006 to 137 million U.S. dollars in 2010; the growth rate of exports increased even more, from 84 million U.S. dollars in 2006 to 263 million U.S. dollars in 2010; the trade surplus continued to expand, 2010 It reached 126 million U.S. dollars.

Foreign-funded enterprises are still the main exporters

In 2010 (the same below), China has exported patient monitors to 162 countries and regions, among which the top ten in terms of related export volume are the United States, India, Hong Kong, China, Germany, the Netherlands, Turkey, Brazil, Poland, Singapore, and In Italy, the total amount of related exports totaled 187 million U.S. dollars, which together accounted for 72.08% of China's total patient monitor exports.

A total of 246 companies in China engaged in the export of patient monitors, including 37 foreign-funded enterprises with related export value of 201 million U.S. dollars, accounting for 76.64% of China's total patient monitor exports; 168 private enterprises, and related export value of 532.818 million U.S. dollars, accounting for 20.28 %; There are 41 state-owned enterprises, and the related export value is 8,099,900 U.S. dollars, accounting for 3.08%. Although from the quantitative point of view, private enterprises have a clear advantage, but the amount of exports is much lower than foreign-funded enterprises. Shenzhen Mindray's patient monitor output exceeded US$100 million, ranking first. Followed by Jabil Technology (Shanghai) Co., Ltd., Xu Electronics (Suzhou) Technology Co., Ltd., Shenzhen Libang Precision Instrument Co., Ltd. and General Medical. The total exports of the above five corporate monitors accounted for 75.42%. General Medical and Contax Medical Systems recorded a larger year-on-year increase of 107.29% and 81.16%, respectively.

State-owned enterprises and foreign companies have a similar share of imports

China imported patient monitors from 39 countries and regions, ranking among the top five countries in the United States, Germany, Japan, Mexico and Finland. The relevant import amounts were 60,754,400, 34,878,400, 9,241,800, 5,841,800 and 4,974,400 USD, respectively. Accounted for 84.1% of China's total patient monitor imports, of which the United States accounted for 44.21%. The related import value to Mexico increased the most compared with the same period of last year, which was 199.11%.

A total of 195 enterprises in China engaged in the import of patient monitors, of which 48 were foreign-funded enterprises, the related import value was 57.766 million US dollars, accounting for 41.97%; 62 state-owned enterprises, the import value was 56.177 million US dollars, accounting for 40.88%; 84 private enterprises, imported The amount of 2306.16 million US dollars, accounting for 16.78%. Among the importing enterprises, the difference between the amount of imports of state-owned enterprises and foreign-funded enterprises is not big, and the proportion is only 1.09%. Shenzhen Mindray, Sinochem Guangdong, and General Healthcare have ranked first in the number of patient monitors imported, which accounted for 28.61% of the total, and the growth rate of the three parties was also larger, at 52.28%, 198.12%, and 66.6%, respectively.

Industry analysis:

Do a good job of market positioning and expand emerging markets

Countries such as the United States, Germany, and Japan have sustained growth in their monitor markets due to their advanced economies and sound health and social Health Care systems. China and India have enormous growth potential and space. The main reason is that the two countries have a large population and the health care system is still developing. Especially in China, with the implementation of the new medical reform, many medical and health institutions have gradually upgraded the medical devices; in addition, the number of Chinese medical institutions has increased significantly, which has prompted a sharp increase in the demand for medical devices and hospital infrastructure. Latin America is another market with huge potential. Countries such as Colombia, Mexico, Brazil, and Panama are gradually improving their healthcare systems. It is expected that the demand for patient monitors will continue to grow at a certain rate in the future.

In summary, the current patient monitor market is still a huge cake. Therefore, monitor companies in China should pay close attention to technology and independent innovation, and gradually enter the global market for high-end products of monitors based on their own technological advantages. At the same time, monitor companies in China should be well positioned in the market, take advantage of product price competition and geographical advantages, actively explore the markets of neighboring Asian countries (such as India, Arab and ASEAN countries), and establish long-term cooperative relationships with medical institutions in these countries. Take the initiative in the emerging monitor market.