Analysis of Medical Device Exports in Shenzhen in the First Two Months

According to customs statistics, in the first 2 months of 2014, Shenzhen exported medical equipment and equipment (hereinafter referred to as “medical equipment”) by 1.4 billion yuan, an increase of 11.4% over the same period of last year; in US dollars, equivalent to US$230 million. , an increase of 14.6%.

I. The main features of medical device exports in Shenzhen in the first 2 months of this year

(I) The monthly export volume in February hit a record low since last March. In the first two months of this year, Shenzhen's medical device exports continued the growth trend since last year, including exports of 820 million yuan in January, an increase of 14.7% year-on-year, and the value of exports fell to 570 million yuan in February, a year-on-year increase of 7%. 30.1% (b) General trade is the main export method. In the first two months, Shenzhen City exported medical equipment by RMB 850 million yuan in general trade, which was an increase of 11.8%, accounting for 60.7% of the total value of medical device exports in Shenzhen; it exported 440 million yuan in processing trade, an increase of 11.3%. 31.4%; Exports of goods entering and leaving the bonded place were 91.79 million yuan, an increase of 6%.

(3) Exports to the United States and the European Union grew faster, and exports to Hong Kong grew slightly lower. In the first two months, Shenzhen City exported medical equipment to the United States and the European Union to 370 million yuan and 220 million yuan respectively, an increase of 27.8% and 24.7%; to Hong Kong, it exported 240 million yuan, an increase of 6.3%, and total exports to the above three places. It accounted for 59.3% of the total value of medical device exports in Shenzhen; in addition, it exported 110 million yuan to Japan, an increase of 30%; and exported 87.4 million yuan to ASEAN, an increase of 10.1%.

(4) Foreign-invested enterprises are the largest exporters, and the export of state-owned enterprises has fallen against the trend. In the first two months, foreign-invested enterprises in Shenzhen exported 930 million yuan worth of medical equipment, an increase of 13.8%, accounting for 66.4% of the total value of medical device exports in Shenzhen; private enterprises exported 330 million yuan, up 17.6%; state-owned enterprises exported 1.4 Billion yuan, down 11.5%.

(five) Complete sets of MRI devices are the largest export varieties. In the first two months, Shenzhen's export of complete sets of MRI apparatus was 200 million yuan, an increase of 36%, accounting for 14.3% of the total value of medical device exports in Shenzhen, and the largest export category; export of color ultrasound diagnostic equipment was 130 million yuan. An increase of 8.3%; In addition, the export patient monitor was 160 million yuan, a decrease of 16.1%.

Second, the current issues of concern and related recommendations

First, the accelerating infiltration of foreign brands has exacerbated the competition in the primary medical device market. As an important support point for building a medical system, the medical device industry is getting more and more attention. Compared with the global medical equipment, which accounts for 42% of the total pharmaceutical market, the proportion of medical equipment in China is only 14%, and the medical device market has great potential for development. In recent years, some large multinational corporations have continuously penetrated into the primary medical market through domestic M&A, localized R&D, production, sales, and supporting financing in order to continuously squeeze the share of ethnic medical device companies in the low-end and middle-end markets. Taking Siemens Healthcare as an example, this year will further increase its investment in the basic medical field, and expand its service surface with its technological advantages, such as providing in-vivo and in-vitro diagnostics and IT integration solutions for all levels of medical institutions, and providing after-sales services. Training system, etc. Reviewing China's current domestic medical device companies, technology started late and lacked awareness of independent innovation. Most of them use imitation technology, assembly products, and low-cost vicious competition as a means of survival. They cannot form industrial scale, and have not yet formed an advantage in competition with international brands. The continuous infiltration of foreign-funded enterprises will make the competition in China's primary medical market more fierce, and ethnic medical device companies will also face greater pressure from competition.

Second, the unreasonable industrial structure is vulnerable to the homogenous competition in the neighboring regions. China's medical device sector has a relatively weak level of innovation capabilities, a lack of a complete innovation strategy system, backward industrial support, a lack of integration of production, study and research, and a monopoly of multinational companies, resulting in an overall level of China's medical device technology compared with developed countries. Big gap. Among medical device manufacturers in China, about 90% of medical device manufacturers are small and medium-sized enterprises with annual production income of less than one to twenty million yuan. However, there are not many companies with self-owned brands and over 500 million revenues that produce high-tech products such as ultrasound diagnostic equipment, electrophysiological equipment, X-ray tomography equipment, and CT. In recent years, Southeast Asian countries such as Vietnam and Thailand have been developing such low-value-added industries with low labor costs. The pressure on homogenization of Chinese enterprises has also been continuously increasing, and the profitability space has gradually narrowed.