Medical industrial integration promotes breakthroughs in localization of innovative medical devices

As China's innovative medical devices develop rapidly, increasing the localization rate and overcoming key technology component development are crucial. This progress is closely tied to the integration of medical and engineering fields. Since the clinical use of innovative medical devices is still immature and the usage volume is difficult to estimate, it is challenging to implement volume-based procurement. The proportion of volume-based procurement will be reasonably determined based on clinical usage characteristics, market competition, and the number of selected enterprises. Artificial intelligence allows for certain market space outside centralized volume procurement, providing room for innovative products to expand.

Currently, the complexity, severity, and uncertainty of China's economic development environment are increasing. It is vital to do a great work in financial work and guarantee and move forward people's jobs. It is anticipated that the elderly populace will surpass 300 million amid the "14th Five-Year Arrange" period. Maturing has gotten to be an critical drift in social advancement and will be a fundamental national condition for a long time.  The aging market potential is rapidly increasing, and the new economy is large. Ensuring that the elderly are well cared for and meeting their various needs is not only a "national priority" related to social harmony and stability but also helps to tap new domestic demand, release consumption potential, enhance development vitality and resilience, and achieve sustained and stable economic growth.


Innovation and development rely on policy support, technological iteration, and capital injection. From a policy perspective, national policies have always strongly supported the industry. However, China's medical device industry still faces problems such as low technological innovation and financing difficulties in independent innovation fields, which to some extent restrain industrial development. In recent years, China's medical device market has gradually developed, going through the process from scratch and from small to large, forming a certain market scale. However, due to the low starting point and late development, China's medical device industry still lags behind other developed countries and regions, with issues such as numerous small-scale enterprises, low industry concentration, and weak innovation capabilities. Some high-end equipment is still mainly imported, and China's medical devices account for only about 20% of the global market. In this severe market situation, China's medical device market still has a long way to go.


The restorative gadget industry could be a multidisciplinary, information, and capital-intensive high-tech industry. Its item fabricating innovation includes different specialized areas such as pharmaceuticals, apparatus, hardware, and materials. The medical device industry is an important foundation for building the healthcare system, with high strategic, driving, and growth significance. Its strategic position is highly valued by countries worldwide and has become an important indicator of a country's technological progress and economic modernization level.


The continuous development of artificial intelligence technology provides strong preconditions for the intelligent development of the healthcare field. AI empowers home medical devices, primarily assisting in remote diagnosis. Supported by national policies, AI-empowered home medical devices, through the establishment of remote medical service platforms, have become an important trend for future home medical device development. After long-term improvement, the restorative gadget businesses within the Joined together States, the European Union, Japan, and other nations have developed. Expansive multinational companies occupy key joins within the esteem chain by acing inquire about and improvement and deals, subsequently getting higher benefit edges.  Developing countries represented by China mainly engage in the processing and production of medical devices, with lower profit levels. However, the medical device markets in China, Brazil, and other countries are currently in a period of rapid development. Relying on cost advantages and technological research and development accumulation, they are gradually improving their positions in the global industrial chain.


As people's health demands increase, the demand for medical devices is gradually rising. To some extent, artificial intelligence is driving the continuous adjustment of China's medical device product structure, showing diversification. Diagnostic products, home health equipment, and family healthcare devices are gradually favored by the market, with household, portable, and networked home medical electronic products gradually appearing. Against the backdrop of economic and technological progress, China is gradually aligning with international standards, which will accelerate the update and iteration process of the domestic medical device industry, expanding its market capacity. Additionally, given China's large population base and rapid population growth, medical product consumption is expected to advance further. The maturing populace features a noteworthy request for medical care. In spite of the fact that there are still numerous deficiencies within the advancement of China's restorative gadget industry, with favorable approaches, populace development, and quickened maturing patterns, the therapeutic gadget industry will usher in a period of fast improvement