Evaluation of medical device innovation in 15 major economies around the world

The innovation capability of a country's medical device industry is not only related to the country's economic strength, but more importantly, its emphasis on the medical device industry, policy support, investment in health care, and the development of higher education. related. The US-based PricewaterhouseCoopers (PWC) recently conducted innovations in the medical device industry in 15 major economies, including Brazil, China, France, Germany, India, Israel, Japan, the United Kingdom, Russia, Switzerland, and the United States. Evaluation. The results show that the innovation ability score (score is 9 points, 1 is the lowest, 9 is the highest) is ranked first in the United States, score 7.1 points, while India, China, Brazil and other BRICS countries rely on the score Rear.

BRICS countries have relatively low innovation capabilities

According to reports, the main criteria for the evaluation criteria of the medical device industry innovation ability are the development level of the national medical device industry, the number of new products introduced each year, the export of medical devices, and the composition of the innovation team of the medical device industry.

According to PWC analysis, although the medical device market and industry in China, India, Russia, Brazil and other BRICS countries have experienced phenomenal growth in recent years, there is still a clear gap between the development of new medical device products and developed countries, in the United States, Europe, Developed countries and regions dominated by Japan still maintain a leading position in the speed and level of medical device innovation.

The reason why the United States can "master" in the international high-end medical device market for a long time is largely related to its strong industrial design and innovation capabilities. Many medical device companies and even colleges and universities in the United States have established specialized medical device innovation studios or research and development teams.

In such an innovative environment, in the past 10 years, the new medical device products developed by the United States rank first in terms of quantity and quality, making the country an active position in the increasingly competitive international medical device market. Its innovation ability scores the highest.

The output value of medical devices in Germany ranks first among the 27 EU countries. In terms of medical device export trade, the country's medical device exports account for about 40% of the EU's total medical device exports. All of these indicate that Germany has strong strength in research and development of medical device products, and its score is ranked second and well deserved.

PWC analysis, from the ranking of medical device industry innovation ability, can be seen that some small countries are not inferior to large economies, the most obvious examples are Israel and Singapore. The total population of these two countries is only a few million, but the per capita GDP is more than 30,000 US dollars.

The innovative capabilities of the Israeli medical device industry are very prominent, which is related to the country's large number of scientists and engineers. Singapore's land area and population are small, but its research and development capabilities for medical devices are not inferior to Japan's. In the past 10 years, Singapore has introduced overseas high-tech talents.

To date, about half of the world's top 100 medical device companies have established new product development studios and production facilities in Singapore. Singapore's contact lens production and exports account for about 40% of the world's total, especially in Singapore, the production of color-changing contact lenses, other countries are difficult to match.

Some developing countries stand firm in the low-end market

For a long time, in the global high-end medical device market, medical device products in Europe, the United States, Japan and other countries and regions accounted for nearly 90% of the share, and the vast number of developing countries are weak in competition with developed countries in the export of high-end medical devices. However, with the rise of the economy in China, India, Russia, Brazil, and South Africa, the medical device industry has also achieved rapid development, and has gradually gained a foothold in the low-end medical device market, and its export competitiveness has been significantly enhanced. In particular, the medical device industry in China, India and Brazil has grown rapidly in the past 10 years. Today, it can not only produce most of the medical device products needed in the country, but also export a large number of medical device products to overseas markets.

Experts in the medical device industry in Europe and the United States believe that although high-end medical device products are of vital importance to medical institutions, some "small products" are closely related to the health of the people, and are small, fast-operating, and economically affordable. Medical device products are also a mainstream development direction. For example, small electronic medical devices such as electronic blood glucose meters and electronic blood pressure monitors have long been a must-have medical product for families, as well as a variety of massage devices, and hearing aids, which directly improve hearing impairment, are accompanied by rapid digital technology. Development has developed into the third and fourth generation (invisible hearing aids) new products.

According to analysis by foreign industry experts, the focus of research and development of new medical devices in the world will be more concentrated on new medical device products with low price, practicality, convenient use and versatility. This trend will dominate the trend of the medical device market in the next 10 years.

Evaluation of the innovation of the medical machinery industry in 15 major economies around the world

Stachyose

Stachyose Oligosaccharides,Indigestible Oligosaccharides,High Quality Stachyose,Pure Natural Stachyose

Shandong Bailong Chuangyuan Bio-tech Co.,Ltd. Qingdao Branch , https://www.sdblcycn.com