Some time ago, the import tariffs of more than 30 kinds of medical device products were lowered, and even many of them fell to zero in the next 3 or 5 years. For a time, it raised concerns about China's medical device industry. It is generally believed that domestic medical device companies are more difficult to develop into the mid- to high-end market, and the entire industry may face difficulties.
But how can we see the sun without going through the rainbow? It may be inevitable that the tariff reduction will cause shocks. However, the fierce market competition can truly make our medical equipment enterprises grow stronger. At this point, the tariff cut is not a good thing.
Moreover, the policy pushes for the localization of medical equipment and encourages domestic enterprises to develop into the mid- to high-end market. Driven by the policy, the medical content of medical device enterprises is expected to increase substantially, and the awareness of innovation is continuously strengthened. Tariff adjustment has also lowered the price of core components, which has a certain promotion effect on the research and development of high-end products of domestic medical equipment enterprises. After all, the core technology of research and development is inseparable from the core components.
In addition, the high-end medical device imports are generally expensive, and for patients with demand, even if the tariff is reduced to zero, it is unbearable, which means that domestic medical device companies have sufficient market demand and growth space.
However, medical device companies are too concentrated in low-end products, and industrial development started late, resulting in relatively weak market competitiveness. At the same time, the medical institution "Chongyang" is difficult to change. For example, some high-quality and low-cost domestic medical device products can be exported to developed countries instead of domestic hospitals. The low degree of trust can be imagined.
Therefore, both the policy and the market, we hope that domestic enterprises can break through the monopoly of foreign companies in the mid-to-high-end market.
Laiwu Manhing Vegetables Fruits Corporation , https://www.manhingfood.com