For the healthcare for All: Chinese medical devices go global

[Beijingwalker]

For the healthcare for All: Chinese medical devices go global
Last Updated: 2024-08-12 15:47 | CE.cn

By Wu Siya

BEIJING, Aug. 12 (China Economic Net) – "The Middle East has become an important overseas market for Chinese medical device companies, especially in the fields of medical imaging and gene sequencing. At present, our products have successfully entered many top hospitals in the Middle East and covered many countries such as Algeria and Egypt," a Neusoft Medical staff told China Economic Net reporter at 2024 Beijing Forum for Global Health (China-Hospeq 2024), which was held in Beijing from August 9 to 11.



Foreign audiences learn about China's advanced medical devices [Photo/ ChinaHospeq 2024]

The statistic from Chinese customs showed that in the first quarter of 2024, China’s exports of medical devices to the Middle East increased significantly, among which exports to the UAE increased by 23.41% year-on-year, exports to Turkey increased by 9.68%, and exports to Saudi Arabia increased by 8.34%.

Speaking of the international competitiveness of domestic medical devices, Wu Shaojie, CEO of Neusoft Medical, pointed out that the share of domestic medical equipment in the international market is gradually increasing. “Domestic medical products and solutions have provided services to more than 110 countries and regions, but obviously we need to make much more efforts than that.”

Mozambique, located in the southeast corner of Africa, is one of the least developed countries in the world as announced by the United Nations. The country has a population of 30 million but only has one MRI machine in the capital hospital for a long time. As the capital Maputo is almost at the southernmost tip of the country, people in the northern provinces have to cross almost the entire country to receive medical imaging examinations.

“In 2022, our digital MRI device has entered northern Mozambique. With the help of it, medical staff could clearly capture the continuous dynamic changes of tissue signals and lock the lesions in real time,” introduced a staff member of United Imaging Healthcare.


Domestic advanced medical equipment exhibited at ChinaHospeq 2024 [Photo/ ChinaHospeq 2024]

According to Nature, China’s medical device market revenue has doubled since 2015, with an average annual growth rate of about 20%. This growth rate is significantly higher than the expansion rate of GDP, showing the strong development momentum of the medical device industry. Although the U.S. and European multinational magnates such as Siemens, GE Healthcare and Medtronic continue to dominate global market, the market share of Chinese local brands in the high-end equipment field has risen from 20% 10 years ago to 30%.

More than that, many international companies have further expanded their markets through localized cooperation by establishing manufacturing plants in China or building joint ventures with Chinese companies. The reporter learned at the China-Hospeq 2024 site that the ultra-high-end Revolution CT scanner manufactured by GE Healthcare’s factory in Beijing is highly favored in the global market for its high-efficiency performance and advanced technology. By now, 70% of the CT equipment sold worldwide comes from GE’s factory in Beijing.

Al- Haefeli, a senior expert in medical product certification at the UAE Ministry of Health, noted: “We learned that China’s domestically produced high-end medical equipment is not only technologically advanced, but also highly economical and accessible. We hope to introduce these advanced equipment and technologies through collaboration to provide better medical services for patients.”

 

[Beijingwalker]

Italian hospital installs world's 1st Total-body PET/CT system developed by Chinese company​

Source: Xinhua
2024-08-03 22:17:31

The newly established Nuclear Medicine Department at San Pietro Hospital in Rome installed the world's first Total-body PET/CT system uEXPLORER developed by a Chinese medical equipment company

Italian hospital installs world's 1st Total-body PET/CT system developed by Chinese company

Italian hospital installs world's 1st Total-body PET/CT system developed by Chinese company-

english.news.cn

 

[Beijingwalker]

Western medial equipment manufacturers are shivering in fear, soon China will made so called high end medial equipments as cheap as shared E-bikes on the street.

 

[Nan Yang]

Western medial equipment manufacturers are shivering in fear, soon China will made so called high end medial equipments as cheap as shared E-bikes on the street.

Shhhh..... No need to draw too much attention.

 

[silicon0000]

For the healthcare for All: Chinese medical devices go global
Last Updated: 2024-08-12 15:47 | CE.cn

By Wu Siya

BEIJING, Aug. 12 (China Economic Net) – "The Middle East has become an important overseas market for Chinese medical device companies, especially in the fields of medical imaging and gene sequencing. At present, our products have successfully entered many top hospitals in the Middle East and covered many countries such as Algeria and Egypt," a Neusoft Medical staff told China Economic Net reporter at 2024 Beijing Forum for Global Health (China-Hospeq 2024), which was held in Beijing from August 9 to 11.

View attachment 68547
View attachment 68548
Foreign audiences learn about China's advanced medical devices [Photo/ ChinaHospeq 2024]

The statistic from Chinese customs showed that in the first quarter of 2024, China’s exports of medical devices to the Middle East increased significantly, among which exports to the UAE increased by 23.41% year-on-year, exports to Turkey increased by 9.68%, and exports to Saudi Arabia increased by 8.34%.

Speaking of the international competitiveness of domestic medical devices, Wu Shaojie, CEO of Neusoft Medical, pointed out that the share of domestic medical equipment in the international market is gradually increasing. “Domestic medical products and solutions have provided services to more than 110 countries and regions, but obviously we need to make much more efforts than that.”

Mozambique, located in the southeast corner of Africa, is one of the least developed countries in the world as announced by the United Nations. The country has a population of 30 million but only has one MRI machine in the capital hospital for a long time. As the capital Maputo is almost at the southernmost tip of the country, people in the northern provinces have to cross almost the entire country to receive medical imaging examinations.

“In 2022, our digital MRI device has entered northern Mozambique. With the help of it, medical staff could clearly capture the continuous dynamic changes of tissue signals and lock the lesions in real time,” introduced a staff member of United Imaging Healthcare.

View attachment 68549
Domestic advanced medical equipment exhibited at ChinaHospeq 2024 [Photo/ ChinaHospeq 2024]

According to Nature, China’s medical device market revenue has doubled since 2015, with an average annual growth rate of about 20%. This growth rate is significantly higher than the expansion rate of GDP, showing the strong development momentum of the medical device industry. Although the U.S. and European multinational magnates such as Siemens, GE Healthcare and Medtronic continue to dominate global market, the market share of Chinese local brands in the high-end equipment field has risen from 20% 10 years ago to 30%.

More than that, many international companies have further expanded their markets through localized cooperation by establishing manufacturing plants in China or building joint ventures with Chinese companies. The reporter learned at the China-Hospeq 2024 site that the ultra-high-end Revolution CT scanner manufactured by GE Healthcare’s factory in Beijing is highly favored in the global market for its high-efficiency performance and advanced technology. By now, 70% of the CT equipment sold worldwide comes from GE’s factory in Beijing.

Al- Haefeli, a senior expert in medical product certification at the UAE Ministry of Health, noted: “We learned that China’s domestically produced high-end medical equipment is not only technologically advanced, but also highly economical and accessible. We hope to introduce these advanced equipment and technologies through collaboration to provide better medical services for patients.”

@Beijingwalker @Michael

I recently noticed one strange thing about China.

China is racing with West in every field you name it. You can see many Chinese companies in every field top 10 but in Pharmaceutical and Healthcare Field we don't see any Chinese company.

I don't know the reason but in top 10 there is no Chinese company.

 

[Beijingwalker]

@Beijingwalker @Michael

I recently noticed one strange thing about China.

China is racing with West in every field you name it. You can see many Chinese companies in every field top 10 but in Pharmaceutical and Healthcare Field we don't see any Chinese company.

I don't know the reason but in top 10 there is no Chinese company.

China started to catch up relatively late in this sector, and taking on well established industry leaders is by no means easy, Give China one more decade, China may be able to dominate in this industry too, China is picking up pace in recent years.

 

[Beijingwalker]

US and Europe have many famous brands but they actually depend on China for common drugs and ingredients to make them.

 

[silicon0000]

China started to catch up relatively late in this sector, and taking on well established industry leaders is by no means easy, Give China one more decade, China may be able to dominate in this industry too, China is picking up pace in recent years.

Yes I am sure that would happen in future and China will catch-up, but i find only this industry among big industries where Chinese are not visible which sounds strange so i mentioned. In every field companies usually first becomes big in their domestic market and then go global so chances are that current big Chinese companies would be the one we will see in future. Can you share some information (in English) about current leading Chinese companies and their future prospects. If possible.

 

[Michael]

@Beijingwalker @Michael

I recently noticed one strange thing about China.

China is racing with West in every field you name it. You can see many Chinese companies in every field top 10 but in Pharmaceutical and Healthcare Field we don't see any Chinese company.

I don't know the reason but in top 10 there is no Chinese company.

The healthcare industry is a very specialized and closed industry. I am not a practitioner in this industry and I cannot analyze it from a professional point of view, I can only analyze it from the point of view of my personal feelings. I often go to the hospital because my father is sick.

From the information publicized by the Chinese media, we know that China's medical instruments have indeed made a lot of breakthroughs. Some very advanced medical equipment has been independently manufactured by Chinese companies.

The vast majority of Chinese hospitals still use medical equipment from Western countries extensively. Only in some areas where Western countries are unable to provide products, Chinese equipment is used extensively. For example: intelligent drug sorting systems, intelligent hospital management systems, etc. From the perspective of user experience(This refers to user perception, not medical technology), Chinese hospitals are much more advanced than those in developed countries, and the gap is very large. However, the vast majority of hospitals' medical testing systems use medical equipment provided by Western companies.

Surprisingly, a lot of testing equipment in West China Hospital is medical equipment from Chinese companies. ------West China Hospital is ranked No. 2 in China's hospital system. it is ranked No. 1 in some of its disciplines.

In China, the vast majority of hospitals are state-run organizations. They have a very close relationship of interest with medical equipment suppliers(you can understand some kind of collective corrupt behavior), and changing medical equipment suppliers is a very troublesome thing. Although Chinese medical equipment suppliers are able to manufacture and supply better medical equipment, it is very difficult for them to break the link between Western medical equipment suppliers and Chinese hospitals. If these medical devices are not widely used in China, it will be difficult for these Chinese medical device suppliers to get better.
This will require government intervention and a deep reform of the healthcare system. But deep reform of the healthcare system will have a major impact on Chinese society as a whole, and the government will have to proceed very carefully to avoid creating even bigger problems.
Some areas of China have already begun such reforms, and we need some time. When these reforms are complete, these Chinese medical device manufacturers will explode.

 

[silicon0000]

The healthcare industry is a very specialized and closed industry. I am not a practitioner in this industry and I cannot analyze it from a professional point of view, I can only analyze it from the point of view of my personal feelings. I often go to the hospital because my father is sick.

From the information publicized by the Chinese media, we know that China's medical instruments have indeed made a lot of breakthroughs. Some very advanced medical equipment has been independently manufactured by Chinese companies.

The vast majority of Chinese hospitals still use medical equipment from Western countries extensively. Only in some areas where Western countries are unable to provide products, Chinese equipment is used extensively. For example: intelligent drug sorting systems, intelligent hospital management systems, etc. From the perspective of user experience(This refers to user perception, not medical technology), Chinese hospitals are much more advanced than those in developed countries, and the gap is very large. However, the vast majority of hospitals' medical testing systems use medical equipment provided by Western companies.

Surprisingly, a lot of testing equipment in West China Hospital is medical equipment from Chinese companies. ------West China Hospital is ranked No. 2 in China's hospital system. it is ranked No. 1 in some of its disciplines.

In China, the vast majority of hospitals are state-run organizations. They have a very close relationship of interest with medical equipment suppliers(you can understand some kind of collective corrupt behavior), and changing medical equipment suppliers is a very troublesome thing. Although Chinese medical equipment suppliers are able to manufacture and supply better medical equipment, it is very difficult for them to break the link between Western medical equipment suppliers and Chinese hospitals. If these medical devices are not widely used in China, it will be difficult for these Chinese medical device suppliers to get better.
This will require government intervention and a deep reform of the healthcare system. But deep reform of the healthcare system will have a major impact on Chinese society as a whole, and the government will have to proceed very carefully to avoid creating even bigger problems.
Some areas of China have already begun such reforms, and we need some time. When these reforms are complete, these Chinese medical device manufacturers will explode.

Medical Devices and Equipment is one thing and China do progressed in that field but I was mainly referring Pharmaceutical Sector. I am from this sector in Pakistan and i do know Chinese has big pharmaceutical manufacturing companies especially when you talk about raw materials of Pharmaceutical products but when we talk about companies and finished brands we don't see many Chinese Companies or their brands. Pakistan is a market where many International companies are working directly or through franchise and I see an opportunity here as tapping the potential of future industry leaders when it is small and in beginning of their journey.

 

[Michael]

Medical Devices and Equipment is one thing and China do progressed in that field but I was mainly referring Pharmaceutical Sector. I am from this sector in Pakistan and i do know Chinese has big pharmaceutical manufacturing companies especially when you talk about raw materials of Pharmaceutical products but when we talk about companies and finished brands we don't see many Chinese Companies or their brands. Pakistan is a market where many International companies are working directly or through franchise and I see an opportunity here as tapping the potential of future industry leaders when it is small and in beginning of their journey.

I know something about pharmaceuticals. My son's college major was drug manufacturing.

China, in the drug manufacturing field, mainly provides the world with basic raw materials for finished drugs, and other countries process them into finished drugs based on the basic raw materials provided by China. Finished drugs are not the main export of China's drug manufacturing industry, so you rarely see Chinese branded finished drugs.

One very important factor here is drug standards.

Two types of medical technology are widely used in China. That is, modern medicine based on Western medicine and traditional medicine based on Chinese medicine. Many hospitals and drug manufacturers in China most of the time combine these two medical technologies to provide medical services to their patients. Chinese medicine is very widely used in China and it has many amazing effects.

Many of the academic theories and treatments of Chinese medicine cannot be accurately explained using modern medicine. If you delve into Chinese medicine, you will find many amazing phenomena and some very special raw materials. These raw materials are difficult even for Chinese people to accept. They cannot possibly pass the standards of modern medicine. But they do cure you. It involves many raw materials in the use of drugs that modern medicine considers to be medically contraindicated. The International Standards of Medicines are standards based on modern Western medicine. These standards make it impossible to export many of the drugs that are widely used in China.

China can only export basic raw materials and small quantities of finished drugs that meet international drug standards.

This should be the answer you are looking for.

 

[Beijingwalker]

Yes I am sure that would happen in future and China will catch-up, but i find only this industry among big industries where Chinese are not visible which sounds strange so i mentioned. In every field companies usually first becomes big in their domestic market and then go global so chances are that current big Chinese companies would be the one we will see in future. Can you share some information (in English) about current leading Chinese companies and their future prospects. If possible.

Top 10 Medical Device Companies in China: AI Era is Coming | 2024​

August 23, 2024

In the global medical device market, China, with its massive population base and rapidly growing medical needs, has become a significant player. As the population ages and awareness of health increases, China’s medical device industry is experiencing unprecedented growth opportunities. The list of the top 10 medical device companies provided by GWBMA is based on a comprehensive evaluation of various factors, including market share, technological innovation capability, international influence, and their standing in China’s medical device industry. These companies are generally regarded as leaders in the industry, with significant competitive advantages in their respective market segments. Additionally, these companies have shown outstanding performance in public industry reports, company announcements, and market analyses. This article will reveal the top 10 medical device companies in China, which not only dominate the domestic market but are also emerging as global leaders.

​

1. Shenzhen Mindray Bio-Medical Electronics Co., Ltd. 深圳迈瑞生物医疗电子股份有限公司
   • Headquarters: Shenzhen, Guangdong Province, China
   • CEO: Li Xiting
   • Website: www.mindray.com
   • Founded: 1991
   • Listing: Listed on the Shenzhen Stock Exchange (Ticker: 300760)
   • Description:
     Shenzhen Mindray Bio-Medical Electronics Co., Ltd., known as Mindray, was established in 1991 and is headquartered in Shenzhen, Guangdong Province, China. As a leading provider of medical devices and solutions in China, Mindray has a significant influence globally. The company focuses on three main areas: life information and support, in-vitro diagnostics, and medical imaging. Its product lines include patient monitoring, in-vitro diagnostics, medical imaging, anesthesia products, and surgical equipment.Through continuous innovation, Mindray is committed to providing high-quality, reliable medical equipment and solutions to healthcare institutions worldwide, improving the quality of life for patients globally. The company has numerous R&D centers and manufacturing facilities globally, with operations in over 190 countries. Mindray’s R&D investment exceeds 10% of its annual revenue, and it holds more than 2,800 patents, showcasing its strong capabilities in technological innovation.Since its establishment, Mindray has continuously expanded its international market. In 2006, Mindray successfully listed on the New York Stock Exchange, becoming the first Chinese medical device company to do so. In 2018, it was successfully listed on the Shenzhen Stock Exchange, further enhancing its position in the capital market. As a leader in the Chinese medical device industry, Mindray continues to promote the development of China’s medical device industry and holds a significant position in the global market by advancing AI technology in medical imaging and in-vitro diagnostics to enhance precision medical solutions.
2. Shinva Medical Instrument Co., Ltd. 新华医疗器械股份有限公司
   • Headquarters: Zibo, Shandong Province, China
   • CEO: Zhou Huasong
   • Website: www.shinva.com
   • Founded: 1943
   • Listing: Listed on the Shanghai Stock Exchange (Ticker: 600587)
   • Description:
     Shinva Medical Instrument Co., Ltd., known as Shinva, was established in 1943 and is headquartered in Zibo, Shandong Province, China. Shinva is a major player in China’s medical device industry, focusing on the development, production, and sale of medical devices. Its product range includes sterilization and disinfection equipment, radiotherapy equipment, medical imaging devices, pharmaceutical equipment, and medical waste treatment equipment.As a leader in the Chinese medical device field, Shinva boasts strong R&D capabilities and robust manufacturing capacity. The company is committed to technological innovation and product upgrades, aiming to serve society through technological advancements. Shinva has a wide market reach, with products exported to over 100 countries and regions.Over the past decades, Shinva has developed into one of the leading companies in China’s medical device industry through continuous technological innovation and market expansion. The company enjoys a high reputation in both domestic and international markets, particularly in the sterilization and radiotherapy equipment sectors, where it holds significant competitive advantages.Shinva adheres to the corporate philosophy of “people-oriented, technological innovation,” aiming to provide high-quality medical equipment and comprehensive solutions to customers worldwide. The company continues to advance through technological innovation, market expansion, and global cooperation, enhancing its international competitiveness. Currently, it is integrating AI and IoT technologies to develop smart medical and intelligent sterilization and disinfection equipment.
3. Weigao Group Co., Ltd. 山东威高集团医用高分子制品股份有限公司
   • Headquarters: Weihai, Shandong Province, China
   • CEO: Chen Honghai
   • Website: www.weigaogroup.com
   • Founded: 1988
   • Listing: Listed on the Hong Kong Stock Exchange (Ticker: 1066)
   • Description:
     Weigao Group Co., Ltd., known as Weigao, was established in 1988 and is headquartered in Weihai, Shandong Province, China. Weigao is a leading player in China’s medical device industry, focusing on the research, development, production, and sale of medical devices, medical polymer products, and pharmaceuticals.Weigao offers a comprehensive product line, including disposable medical devices, syringes, infusion sets, hemodialysis devices, and orthopedic devices. The company has developed into a leader in China’s medical device industry through continuous technological innovation and market expansion. Weigao has an extensive sales network worldwide, with products exported to Europe, America, Asia, and other regions.Weigao emphasizes R&D and innovation, with several national-level research centers and technology platforms dedicated to providing high-quality medical devices and comprehensive solutions to customers worldwide. The company enjoys a high reputation in both domestic and international markets, particularly in the disposable medical devices and hemodialysis sectors, where it holds significant competitive advantages.
4. Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. 江苏鱼跃医疗设备股份有限公司
   • Headquarters: Danyang, Jiangsu Province, China
   • CEO: Wu Guangming
   • Website: www.yuyue.com.cn
   • Founded: 1998
   • Listing: Listed on the Shenzhen Stock Exchange (Ticker: 002223)
   • Description:
     Jiangsu Yuyue Medical Equipment & Supply Co., Ltd., known as Yuwell, was established in 1998 and is headquartered in Danyang, Jiangsu Province, China. Yuwell is one of China’s leading medical device manufacturers, focusing on the research, development, production, and sale of home medical devices and hospital equipment. Its product range includes ventilators, glucose meters, wheelchairs, thermometers, oxygen concentrators, and more.Yuwell’s mission is to make life healthier through innovation and high-quality products. The company has a broad market reach, with products exported to Southeast Asia, Europe, America, and other regions.Yuwell continues to invest heavily in R&D, with several national-level research centers and laboratories. By collaborating with well-known medical institutions domestically and internationally, the company drives product innovation and technological advancement, enhancing its international competitiveness.Yuwell holds a significant position in China’s medical device industry, especially in the home medical devices sector, where it has notable market advantages.
5. Shanghai United Imaging Healthcare Co., Ltd. 上海联影医疗科技股份有限公司
   • Headquarters: Shanghai, China
   • CEO: Cai Hui
   • Website: www.united-imaging.com
   • Founded: 2011
   • Listing: Listed on the Shanghai Stock Exchange (Ticker: 688271)
   • Description:
     Shanghai United Imaging Healthcare Co., Ltd., known as United Imaging, was established in 2011 and is headquartered in Shanghai, China. United Imaging is one of China’s leading manufacturers of medical imaging devices, focusing on the research, development, production, and sale of high-end medical imaging equipment. Its product range includes MRI, CT, molecular imaging (MI), and X-ray imaging devices.United Imaging is committed to continuous technological innovation and product development, providing high-quality imaging diagnostic equipment and comprehensive solutions to healthcare institutions worldwide. The company has a broad market reach, with products exported to multiple countries and regions, enjoying a high reputation in international markets.
6. Lepu Medical Technology Co., Ltd. 乐普（北京）医疗器械股份有限公司
   • Headquarters: Beijing, China
   • CEO: Jiang Zhixiang
   • Website: www.lepumedical.com
   • Founded: 1999
   • Listing: Listed on the Shenzhen Stock Exchange (Ticker: 300003)
   • Description:
     Lepu Medical Technology Co., Ltd., known as Lepu Medical, was established in 1999 and is headquartered in Beijing, China. Lepu Medical specializes in the research, development, production, and sale of cardiovascular medical devices and pharmaceuticals. It is a leading company in China’s cardiovascular treatment sector, with products including coronary stents, pacemakers, drug-eluting stents, and cardiovascular drugs, widely used in the prevention, diagnosis, treatment, and rehabilitation of cardiovascular diseases.Lepu Medical is committed to improving the quality and effectiveness of medical products through technological innovation and continuously enhancing its R&D capabilities in the cardiovascular field. The company enjoys a high reputation in both domestic and international markets, with its products not only holding a significant position in the Chinese market but also being widely exported to Europe, the United States, and other international markets.
   • 7. Neusoft Medical Systems Co., Ltd. 东软医疗系统股份有限公司
     
   • Headquarters: Shenyang, Liaoning Province, China
   • CEO: Liu Jiren
   • Website: www.neusoftmedical.com
   • Founded: 1998
   • Listing: Not publicly listed
   • Description:
     Neusoft Medical Systems Co., Ltd., known as Neusoft Medical, was established in 1998 and is headquartered in Shenyang, Liaoning Province, China. Neusoft Medical is a leading provider of medical imaging equipment and solutions in China, with products covering CT scanners, MRI machines, X-ray imaging equipment, and ultrasound devices. The company is dedicated to providing high-quality medical imaging equipment through advanced technology and innovative product design, enhancing the diagnostic capabilities of healthcare institutions worldwide.Neusoft Medical has a strong brand presence and market share in China, and through continuous technological innovation and market expansion, it has also achieved significant success in international markets.
   • 8. MicroPort Scientific Corporation 微创医疗科学有限公司
     
   • Headquarters: Shanghai, China
   • CEO: Xie Sheng
   • Website: www.microport.com
   • Founded: 1998
   • Listing: Listed on the Hong Kong Stock Exchange (Ticker: 0853)
   • Description:
     MicroPort Scientific Corporation, known as MicroPort, was established in 1998 and is headquartered in Shanghai, China. MicroPort is a global leader in the medical device industry, specializing in the research, development, production, and sale of devices for cardiovascular, neurological, orthopedic, and diabetic care. The company’s products include coronary stents, cerebral vascular stents, artificial joints, and diabetes management devices.MicroPort’s development strategy is centered on innovation, aiming to enhance product technology through continuous innovation and international collaboration. The company has a strong global sales network, with products exported to over 60 countries and regions.
   • 9. Shanghai Kindly Enterprise Development Group Co., Ltd. 上海康德莱企业发展集团股份有限公司
     
   • Headquarters: Shanghai, China
   • CEO: Gong Zheng
   • Website: www.kindly.com.cn
   • Founded: 1996
   • Listing: Listed on the Shanghai Stock Exchange (Ticker: 603987)
   • Description:
     Shanghai Kindly Enterprise Development Group Co., Ltd., known as Kindly, was established in 1996 and is headquartered in Shanghai, China. Kindly is primarily engaged in the research, development, production, and sale of disposable medical devices and implantable medical devices, with products including syringes, infusion sets, interventional medical devices, and orthopedic implants. The company’s products are widely used in hospitals, clinics, and other healthcare institutions.Kindly places a strong emphasis on technological innovation and product development, with multiple national-level research centers and production bases dedicated to providing high-quality medical devices to global customers. The company enjoys a strong reputation in both domestic and international markets, with its products holding a significant position in China and being widely exported to global markets.
   • 10. DIRUI Industrial Co., Ltd. 长春迪瑞医疗科技股份有限公司
     
   • Headquarters: Changchun, Jilin Province, China
   • CEO: Zhang Di
   • Website: www.dirui.com
   • Founded: 1992
   • Listing: Listed on the Shenzhen Stock Exchange (Ticker: 300396)
   • Description:
     DIRUI Industrial Co., Ltd., known as DIRUI, was established in 1992 and is headquartered in Changchun, Jilin Province, China. DIRUI specializes in the research, development, production, and sale of in-vitro diagnostic equipment and reagents, with products including urine analyzers, biochemical analyzers, and hematology analyzers. The company’s products are widely used in hospitals, laboratories, clinics, and other healthcare institutions, covering markets in multiple countries and regions worldwide.Through continuous technological innovation, DIRUI has gradually become a leading company in China’s in-vitro diagnostic industry. The company has several national-level research centers, dedicated to providing high-quality, accurate, and reliable in-vitro diagnostic solutions to global customers. DIRUI’s products enjoy a high market share in China and have also achieved significant success in international markets.

​

To find the Unified Social Credit Code (USCC) of China’s top medical device companies, follow these steps to ensure you obtain accurate company information. First, visit the China Company Search platform provided by GWBMA. This tool is specifically designed for querying Chinese company information and can help you accurately find the company name and USCC. When conducting a search, the most crucial point is to use the company’s Chinese name. According to Chinese company law, a company’s official name must be in Chinese, not English. Although a company may choose an English name, it has no legal effect.

Therefore, using the Chinese name is the only way to ensure you obtain accurate information. Once you enter the company’s Chinese name, the tool will display the matching company information, including the USCC. The USCC is a unique identifier for Chinese companies, similar to a company’s “ID card,” and is unique nationwide. With the USCC, you can accurately confirm the company’s identity and ensure the information you have is correct. After finding the Chinese medical device company you want to search for, you can also choose to use the MANUAL COMPANY VERIFICATION REPORT or the INSTANT AUTOMATED COMPANY REPORT to obtain detailed information about the company. These reports provide more in-depth details, such as the company’s history, financial status, shareholder information, and other important business information, helping you comprehensively understand the target company. In this way, you can obtain not only the legal identity information of the target company in China but also gain deeper insights into the company’s operations, ensuring that your business decisions are more reliable and secure.

​

In conclusion, as global medical demand continues to grow and technology advances rapidly, China’s medical device companies are experiencing an unprecedented golden era. These companies not only dominate the domestic market but are also actively expanding their influence globally. By continuously innovating, leveraging AI technology, and promoting smart and precision medical applications, these companies are driving the global medical industry toward a smarter and more efficient future. In the coming AI era, these companies will continue to play key roles in the global medical device market, contributing even more to the advancement of human health.

Top 10 Medical Device Companies in China: AI Era is Coming | 2024

Explore the top 10 medical device companies in China as they lead the AI revolution. Discover their global impact and innovations shaping the future.

www.registrationchina.com

 

[silicon0000]

I know something about pharmaceuticals. My son's college major was drug manufacturing.

China, in the drug manufacturing field, mainly provides the world with basic raw materials for finished drugs, and other countries process them into finished drugs based on the basic raw materials provided by China. Finished drugs are not the main export of China's drug manufacturing industry, so you rarely see Chinese branded finished drugs.

One very important factor here is drug standards.

Two types of medical technology are widely used in China. That is, modern medicine based on Western medicine and traditional medicine based on Chinese medicine. Many hospitals and drug manufacturers in China most of the time combine these two medical technologies to provide medical services to their patients. Chinese medicine is very widely used in China and it has many amazing effects.

Many of the academic theories and treatments of Chinese medicine cannot be accurately explained using modern medicine. It involves many raw materials in the use of drugs that modern medicine considers to be medically contraindicated. The International Standards of Medicines are standards based on modern Western medicine. These standards make it impossible to export many of the drugs that are widely used in China.

China can only export basic raw materials and small quantities of finished drugs that meet international drug standards.

This should be the answer you are looking for.

Well to be honest it's something I already knew. I was actually trying to identify the reasons why no Chinese pharmaceutical company has yet made it into the top 10 global rankings. Additionally, I wanted to explore potential business opportunities arising from this situation. Which Chinese pharmaceutical company has the potential to achieve global prominence and become one of the top 10 in the future so engage them now and bring their business to Pakistan.

 

[Michael]

Well to be honest it's something I already knew. I was actually trying to identify the reasons why no Chinese pharmaceutical company has yet made it into the top 10 global rankings. Additionally, I wanted to explore potential business opportunities arising from this situation. Which Chinese pharmaceutical company has the potential to achieve global prominence and become one of the top 10 in the future so engage them now and bring their business to Pakistan.

This list would be completely rewritten if suppliers of raw drug materials were included in the statistics.
==================
There are many very effective daily medicines in Chinese people's daily life, but they are hard to be exported.
I have seen some Chinese people on Douyin bringing these daily medicines to Pakistan. When they gave them to the locals to use, the locals face showed a very amazing expression.
If you want to bring these medicines in large quantities to Pakistan for sale, I guess you can only go through smuggling channels ...........


The first miracle drug of summer. Heatstroke, gastrointestinal bloating and pain, etc., instant results.



Refreshing. The effect exceeds that of marijuana, but it is not a narcotics, has no side effects, and is not addictive.
Dizziness, headaches, motion sickness, mosquito bites. Immediate effect.



There are many more of these medicines and they are very, very cheap and very effective.

 

[AZADPAKISTAN2009]

Impressive work with the medical equipment
China never fails to amaze

Truely they are #1 Nation in globe now