The aging population promotes the development of the medical device industry

The medical reform policy promotes the market expansion of the medical device industry. The "12th Five-Year Plan" of the medical device industry and the reform of county-level public hospitals will together constitute a direct policy thrust for the steady growth of the medical device industry in the next period.

Investment logic for the medical device industry in the second half of the year.

1. Reform of county-level public hospitals and social capital to run doctors: Directly related to this is the replacement of medical engineering construction projects and diagnostic instruments. Representing companies such as Shangrong Medical, Wandong Medical, and Hejia.

2. High-tech barriers and market segmentation leaders: Import substitution will be one of the major opportunities for Chinese medical device companies to achieve rapid growth in the future. The market will continue to increase the popularity of these companies. Since the beginning of this year, the performance of this company ’s secondary market has been Strong. Representative companies such as Kelly Thai and Guanhao Bio.

3. Small household and new personalized medical terminals: In the medium and long term, urbanization, population aging and medical consumption upgrade are the three major supporting factors for the development of China's medical device industry, and market segments such as miniaturization and household medical devices have been promising for a long time. Representative companies such as Yuyue Medical and Sannuo Biology.