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Market analysis of my country's biomedical materials industry

Market analysis of my country's biomedical materials industry

  • Categories:Industry News
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  • Time of issue:2021-02-24
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(Summary description)Currently, China has a huge demand for biomedical materials and products. In order to open up the international market, multinational companies export technology and funds overseas, establish subsidiaries and research and development abroad,

Market analysis of my country's biomedical materials industry

(Summary description)Currently, China has a huge demand for biomedical materials and products. In order to open up the international market, multinational companies export technology and funds overseas, establish subsidiaries and research and development abroad,

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2021-02-24
  • Views:0
Information
Currently, China has a huge demand for biomedical materials and products. In order to open up the international market, multinational companies export technology and funds overseas, establish subsidiaries and research and development abroad, and produce and develop biomedical material products on the spot. From the perspective of the market development of the biomedical materials industry, facing foreign encroachment, the local biomedical materials and product industries want to break through, and the process will be relatively difficult and long.
 
 
   Although my country's basic research on biomedical materials has reached a relatively high level, due to professional technical barriers and corporate capital investment restrictions, imported products still occupy half of the country's market.
 
   The demand has increased
 
   From inanimate materials to living human tissues, bioactive medical materials make wound repair, tissue regeneration and even organ regeneration no longer a problem.
 
Bone nails made of polylactic acid, magnesium alloy, nano-hydroxyapatite-based composite materials, etc., can be absorbed by the human body without taking out a second operation; heart valves and vascular restorations made of biologically derived materials are not only It can be degraded and metabolized in the body, and can also stimulate and induce the regeneration of damaged tissues...
 
   It can be said that the successful clinical application of biomedical materials has spawned a vigorous sunrise industry, which is also listed as an important development direction in the "Bioindustry Development Plan" and the "Twelfth Five-Year Development Plan of the New Material Industry".
 
Xi Tingfei, director of the Center for Biomedical Materials and Tissue Engineering, Peking University's Institute of Frontier Interdisciplinary Studies, told a reporter from China Science Daily that biomedical materials are a typical new emerging with low raw material consumption, low energy consumption, low environmental pollution, and high technological added value The industry has continued to grow at an annual growth rate of more than 20% in the past 10 years.
 
  Data show that from 2008 to 2010, the compound growth rate of biomedical materials in my country was as high as 30%, which was much higher than the 22% of the international market. In 2010, the market sales reached nearly US$10 billion. Xi Tingfei said that with the aging of the domestic population and the increase in the number of young and middle-aged traumas, the market demand for biomedical materials will also rise sharply.
 
   Foreign capital dominates
 
   But such a tempting cake was cut off by foreign companies.
 
   The research report pointed out that the global biomedical materials market is highly concentrated, with multinational companies such as Johnson & Johnson, Medtronic, and Braun controlling major markets. In recent years, multinational companies have strengthened their domestic market positions through mergers and acquisitions. Some domestic Hong Kong stocks and overseas listed companies and unlisted companies have been acquired by foreign companies.

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