LED medical market is so strong first start!

From outdoor to indoor, from special to general LED in the lighting field site continues to expand, lighting, medical lighting (agricultural plant lighting), focus on emerging markets such as automotive lighting industry. The medical lighting, with deep ultraviolet phototherapy, three pieces of equipment, operation shadowless lamp charming new continent. In recent years, many LED companies to increase horsepower, medical lighting into.

The size of China's medical services market

By searching the State Planning Commission statistics information center database, the latest "China health Yearbook" is the 2013 China Health Statistics Yearbook published in April 2014 "(2013), in April this year, the" China health Yearbook "and" Chinese population and family planning Yearbook "two Yearbook editor for" Chinese (health and family planning. "Volume 2014, 2013), the data volume 2015 (2014 data) is still in the compilation. 2013 Yearbook shows that in 2013 China's total health expenditure of 3 trillion and 200 billion yuan in the past 9 years to maintain a CAGR of 17.2%.

According to the State Planning Commission released the "2015 1-4 months the national medical service" and "the end of April 2015 the number of medical institutions", 2015 1-4 months, the national medical and health institutions total visits reached 2 billion 470 million passengers, an increase of 3.3%; by the end of April 2015, the number of medical institutions reached 985 thousand. These data show that China's medical services market, the size and rapid growth rate.

However, compared with 7.7% of high-income countries, China's medical and health expenditure accounts for only about 5.6% of GDP, which is lower than that of high-income and middle-income countries. Taking into account the huge population and consumption base, it is not difficult to see the future of China's medical services market there is still much room for growth. If health spending accounted for in 2020 reached the State Planning Commission in the "health China 2020" Strategic Research Report "in the 6.5%-7%, then, China's health consumer market will reach 6.2-6.7 trillion yuan scale.

Relative to the rapid growth of medical service demand, the pace of growth is extremely slow. In 2013, China's total health expenditure was 3 trillion and 200 billion yuan, which was about 4.2 times that of 2004. However, in the year of 2013, the number of health institutions was only about 1.2 times that of the year of 2004, the number of health workers was as high as 1.5 times, and the number of beds in health institutions was more than 1.9 times. Inadequate supply of medical services, indicating that the market is still a lot of room for development.

Global and China Medical Device Market Size

According to the statistics the medical committee of the European Union, the global medical device market total sales of $187 billion from 2001 quickly rose to $435 billion 300 million in 2011, a compound annual growth rate of 8.82%, the global medical device market growth rate of more than GDP growth over the same period.

2000 to 2012, China's medical device industry grew by 10.34 times the overall size of the compound annual growth rate of 21.50%, the proportion of industrial added value in the national GDP steadily.

According to the Chinese Medical Materials Association "2014 China medical equipment industry development blue book", Chinese medical device market size increased from 17 billion 900 million yuan in 2001 to 212 billion yuan in 2013, excluding the price factor, 13 years increased by 11.84 times. 2014 annual national medical device sales of about 255 billion 600 million yuan, an increase of $212 billion over the previous year's $43 billion 600 million, an increase of 20.06%.

Global pharmaceutical and medical device consumption ratio of about 1:0.7, while the United States and Europe and other developed countries have reached 1:1.02, the global market size of medical devices has occupied 42% of the total size of the international pharmaceutical market, and has the potential to expand. The total size of China's medical device market in 2014 was about 255 billion 600 million yuan, the total size of the pharmaceutical market is expected to be $13326, pharmaceutical and medical consumption ratio of 1:0.19. A little lower than 1:0.2 in 2013. Can be judged, medical devices have a broader space for growth.

LED healthcare market potential and Prospects

1 the huge medical services industry and the medical device industry for the LED medical market provides a broad space for development.

The aging of the population, the improvement of the level of the city, lifestyle changes, the growth of wealth and the promotion of universal health insurance system, and many other factors are driving the rapid expansion of the medical services market. According to DDT Research Institute estimates that in the next few years, China's medical service industry as a whole will continue to grow rapidly, maintaining a CAGR of 10%-15%.

At the same time, along with the economic development, population growth and aging increase, and constantly enhance people's health consciousness, the global medical device market demand continued to grow rapidly, the medical device industry is one of the world's fastest growing industries.

It is worth mentioning that, China's medical device industry compound annual growth rate of more than 20%, significantly higher than the level of growth in developed countries. A number of global medical device industry giant in China to set up subsidiaries or manufacturing or even R & D Department moved to china. China is becoming a global medical device manufacturing center. In the process of competition with international enterprises, the rapid development of China's high-quality medical devices, and gradually have the overall strength and technical level of participation in international competition.

2 the rise of private hospitals for the development of LED medical market to provide a huge new impetus.

According to the National Planning Commission statistics, as of the end of April 2015, the 13314 public hospitals, private hospitals 13000. Compared with the end of April 2014, the public hospital to reduce 67, private hospitals increased 1416.

With the influx of institutional investors and industrial capital, with the power of capital