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Special report on purchasing high value consumables with quantity From Medical device industry

The following is the Special report on purchasing high value consumables with quantity From Medical device industry recommended by And this article belongs to the classification: Securities report, Medical health.

On November 5, 2020, the national procurement of coronary stent volume was completed, and the average terminal price of 10 shortlisted products decreased by more than 90%. As for local procurement with volume, as of November 20, 2020, 6 provincial alliance procurement, 11 provincial and municipal independent procurement, and more than 30 municipal (including alliance) procurement have been completed or in progress, focusing on cardiovascular intervention, orthopedics, and Ophthalmology, with an average terminal price drop of about 60%. China’s high-value consumables industry has officially entered the era of volume procurement.

The reform is expected to accelerate the promotion of industrial innovation and upgrading. There are huge differences between different products. The procurement policy with volume can purify the circulation link, guide the high-value consumables production enterprises to innovate, and save medical insurance funds, which is conducive to improving the reimbursement ability of innovative products and promoting the innovation and upgrading of the industry. The industry attributes / development space / competition patterns of different high consumption categories are quite different. The coronary stent market is mature, with high implantation penetration and market concentration, and strong generic drug attributes. The specific impact should not be extrapolated linearly. We are optimistic about self funded consumables, and the fields that are expected to realize price compensation by quantity, such as medical beauty, orthopedics, ophthalmology, aortic and peripheral intervention, digestive intervention, neural intervention, structural heart disease, electrophysiology and other innovative high-value consumables and high-value consumables mainly paid by individuals.

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