The news that the domestic medical device giant Mindray, which has an annual income of 9 billion yuan, submitted its IPO in the A-share market has recently become a hot topic in the medical industry .
As one of the few R&D medical device companies in China that can compete with foreign counterparts in the field of high-end medical devices, Mindray has been highly hoped that it is even called “Huawei in China's medical device industryâ€.
However, Mindray’s annual income of 9 billion can only be said to have encountered a cake edge in the global high-end medical device market. According to public data, in 2015, Medtronic sales ranked first in the global medical device industry reached $28.8 billion. The size of Mindray is not yet a fraction of it.
Obviously, the high-end medical device market is worthy of a good start in China. Behind Mindray, more Chinese adventurers are already in the air. Dr. Zeng Chenguang is one of them.
Challenge the three most risky medical devices
In 2013, Zeng Chenguang left the Hong Kong Polytechnic University and founded Guangzhou Xincheng Biotechnology Co., Ltd. (hereinafter referred to as “Xincheng Biologicalâ€). He wanted to do: to form an “expert pool†to develop high-end medical equipment and help Domestic medical device companies grab cakes from international crocodile like Medtronic.
What kind of high-end medical equipment? The clinical needs are urgent, the technical content is high, the development is difficult, and the added value of the products is high. According to the National Catalogue of Medical Devices, medical devices are generally divided into three categories, and the basis for classification is mainly the use of risks.
(Figure: several typical types of medical devices)
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