China's medical device market demand increases with aging

Aging will affect the development of many industries, especially the medical needs closely related to the aging of the population. With the increasing global aging and the arrival of China's aging, the development of China's medical device market has also warmed up. The rapid increase in the proportion of the elderly population has directly brought about continued growth in the market demand for medical devices.

China's population base is huge, the natural population growth is rapid, especially the aging of the population is very prominent. In recent years, with the rapid development of China's economy, the national income has increased, and the proportion of medical consumption in people's daily consumption has been increasing. Although there is still a significant gap between China's medical device consumption level and developed countries, this is where the development space lies.

According to the staff of the medical equipment investment network, the growth rate of China's hemodialysis market is expected to remain at 30% ~ 40% in the next 3 to 5 years, and the implant denture market will also usher in a period of rapid development. The 2012 government work report emphasized that the protection of 8 major diseases such as uremia was comprehensively promoted. End-stage renal disease was included in medical insurance as a major disease, and the reimbursement ratio was increased, which greatly reduced the burden of patients' medical expenses and further promoted the popularization of hemodialysis.

According to the prediction of domestic market research institutions, if China reaches the hemodialysis level of developed countries, then the potential scale of the whole hemodialysis market is about 72 billion yuan, which is 8-10 times of the existing market. In the hemodialysis treatment cost of about 500 yuan per time, hemodialysis consumables and instruments account for about 40%, that is, the potential market is about 29 billion yuan. According to statistics, the global implant denture market has grown rapidly at an annual rate of 20% in the past 10 years, with an annual output value of about US $3.1 billion. Domestic market survey data show that the annual number of dentures planted in Beijing alone is more than 20000, and the market size is about 0.5 billion yuan.

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