Opportunities for medical connector manufacturers are coming, can domestic replace imports

The new crown epidemic is raging around the world, and the demand for medical equipment supplies has risen sharply. Connectors are one of the main components of medical Electronic products. Can my country’s medical connector manufacturers seize the development opportunity and replace imports with domestic ones?

According to foreign media reports, US President Donald Trump tweeted on the 22nd that Ford, GM and Tesla have been “authorized” to produce ventilators, calling on domestic car companies to turn to the production of medical equipment such as ventilators to ease the The ventilator gap caused by the new coronavirus pneumonia epidemic. According to Russian media reports on the 23rd, Russia allocated 659 million to purchase ventilators. And my country, as the world’s largest producer of ventilators, Russia may hand over these orders to Chinese companies. Earlier, Italy also came to my country to purchase a large number of ventilators.

On the fourth day of the Spring Festival in 2020, Shenzhen Connector Industry Association CJT Changjiang Connector received an emergency call from Mindray about whether it could express a certain type of product samples and replace the original supplier with the fastest speed. In order to support medical equipment manufacturers on the front line of the fight against the epidemic, CJT Changjiang Connector immediately launched an emergency response plan, and core personnel worked overtime to invest in research and development, and finally helped customers solve the problem of replacing a certain connector model.

With the implementation of my country’s new medical reform and the continuous improvement of the level of medical informatization, the demand for connectors in the medical field in my country has continued to increase, and it has become the second largest market in the global medical device market. According to the data of the Prospective Industry Research Institute, the scale of my country’s medical device market exceeded 600 billion yuan in 2019, and the annual compound growth rate in the next five years (2019-2023) will be about 14.41%, and it is predicted that the scale of my country’s medical device market will break through in 2023. trillion yuan, reaching 1,076.7 billion yuan. Some domestic listed connector companies, such as AVIC Optoelectronics, Luxshare Precision, Jinnuoxin, etc., are involved in the medical field.

With the outbreak and escalation of the new coronavirus pneumonia epidemic in the world, various medical supplies are in an emergency, and the supply is in short supply. Affected by this, the demand for medical orders has increased sharply, which has promoted the continued increase in the demand for upstream electronic components. As one of the main components of medical electronic products, connectors have ushered in an explosion of demand. This time, the field of medical electronics has become a new growth point for the use of connectors, and it has also injected new vitality into the booming connector industry in China.

However, according to relevant media reports, medical electronic components are booming in Europe and the United States, and the European and American markets occupy half of the country. Previously, Huazhong CNC asked for help from the society due to the urgent inventory of various components of the infrared thermometer. The connector also has the problem of over-reliance on the supply of overseas manufacturers.

Under normal circumstances, the medical connector market has several characteristics: first, the access conditions are high, and it must pass ISO13485 certification; second, there are many varieties and small batches. Due to the small quantity, low update rate and high price, domestic companies do not focus on medical connectors. Most of the connectors used in domestic treatment equipment are monopolized by foreign companies. The above-mentioned related companies are not good at medical connectors.

This sudden outbreak has exposed the shortcomings of medical institutions in some emergency medical equipment reserves. As a major producer of medical materials, as the epidemic situation continues to improve, my country is also expanding the production capacity of epidemic prevention materials to alleviate the global demand for use. However, the problem of medical connectors relying on imports will become more prominent under the circumstance that the global epidemic has restricted international logistics, affecting the normal production of related domestic enterprises. The large-scale outbreak of demand under special circumstances may create opportunities for local suppliers to replace domestic products.

The National Health and Medical Commission said that it is studying the construction of a long-term mechanism to deal with various emergencies. Therefore, some people in the industry believe that in the context of favorable industry policies and the continuous expansion of medical equipment production capacity, industry enterprises should seize the great opportunity of industrial outbreaks, and some leading Enterprises continue to invest in R&D and innovative development, which may be expected to break the import dependence situation and no longer be controlled by others.

Can my country’s medical connector manufacturers seize the development opportunity and replace imports with domestic ones?

The new crown epidemic is raging around the world, and the demand for medical equipment supplies has risen sharply. Connectors are one of the main components of medical Electronic products. Can my country’s medical connector manufacturers seize the development opportunity and replace imports with domestic ones?

According to foreign media reports, US President Donald Trump tweeted on the 22nd that Ford, GM and Tesla have been “authorized” to produce ventilators, calling on domestic car companies to turn to the production of medical equipment such as ventilators to ease the The ventilator gap caused by the new coronavirus pneumonia epidemic. According to Russian media reports on the 23rd, Russia allocated 659 million to purchase ventilators. And my country, as the world’s largest producer of ventilators, Russia may hand over these orders to Chinese companies. Earlier, Italy also came to my country to purchase a large number of ventilators.

On the fourth day of the Spring Festival in 2020, Shenzhen Connector Industry Association CJT Changjiang Connector received an emergency call from Mindray about whether it could express a certain type of product samples and replace the original supplier with the fastest speed. In order to support medical equipment manufacturers on the front line of the fight against the epidemic, CJT Changjiang Connector immediately launched an emergency response plan, and core personnel worked overtime to invest in research and development, and finally helped customers solve the problem of replacing a certain connector model.

With the implementation of my country’s new medical reform and the continuous improvement of the level of medical informatization, the demand for connectors in the medical field in my country has continued to increase, and it has become the second largest market in the global medical device market. According to the data of the Prospective Industry Research Institute, the scale of my country’s medical device market exceeded 600 billion yuan in 2019, and the annual compound growth rate in the next five years (2019-2023) will be about 14.41%, and it is predicted that the scale of my country’s medical device market will break through in 2023. trillion yuan, reaching 1,076.7 billion yuan. Some domestic listed connector companies, such as AVIC Optoelectronics, Luxshare Precision, Jinnuoxin, etc., are involved in the medical field.

With the outbreak and escalation of the new coronavirus pneumonia epidemic in the world, various medical supplies are in an emergency, and the supply is in short supply. Affected by this, the demand for medical orders has increased sharply, which has promoted the continued increase in the demand for upstream electronic components. As one of the main components of medical electronic products, connectors have ushered in an explosion of demand. This time, the field of medical electronics has become a new growth point for the use of connectors, and it has also injected new vitality into the booming connector industry in China.

However, according to relevant media reports, medical electronic components are booming in Europe and the United States, and the European and American markets occupy half of the country. Previously, Huazhong CNC asked for help from the society due to the urgent inventory of various components of the infrared thermometer. The connector also has the problem of over-reliance on the supply of overseas manufacturers.

Under normal circumstances, the medical connector market has several characteristics: first, the access conditions are high, and it must pass ISO13485 certification; second, there are many varieties and small batches. Due to the small quantity, low update rate and high price, domestic companies do not focus on medical connectors. Most of the connectors used in domestic treatment equipment are monopolized by foreign companies. The above-mentioned related companies are not good at medical connectors.

This sudden outbreak has exposed the shortcomings of medical institutions in some emergency medical equipment reserves. As a major producer of medical materials, as the epidemic situation continues to improve, my country is also expanding the production capacity of epidemic prevention materials to alleviate the global demand for use. However, the problem of medical connectors relying on imports will become more prominent under the circumstance that the global epidemic has restricted international logistics, affecting the normal production of related domestic enterprises. The large-scale outbreak of demand under special circumstances may create opportunities for local suppliers to replace domestic products.

The National Health and Medical Commission said that it is studying the construction of a long-term mechanism to deal with various emergencies. Therefore, some people in the industry believe that in the context of favorable industry policies and the continuous expansion of medical equipment production capacity, industry enterprises should seize the great opportunity of industrial outbreaks, and some leading Enterprises continue to invest in R&D and innovative development, which may be expected to break the import dependence situation and no longer be controlled by others.

Can my country’s medical connector manufacturers seize the development opportunity and replace imports with domestic ones?

The Links:   2MBI300J-060 7MBR10SA120-70

Author: Yoyokuo