According to industry insiders, China's medical device industry and medical device sterilization and packaging industry have high threshold and low concentration. Facing strong pressure from foreign-funded enterprises is a challenge for domestic medical device enterprises. As one of the most closely related industries in the medical device industry, the medical device sterilization and packaging industry is facing more severe challenges. Next, we will analyze the development pain points of the medical device industry and packaging industry in China:

1. High capital barrier

The research and development process of medical devices is complex and long, requiring a large amount of capital investment to attract high-level professionals and scientific research innovation. The establishment and maintenance of the sales network and after-sales service system require a large amount of financial support. Strong capital requirements become the capital barrier to enter the medical device industry. The sterilization and packaging industry of medical devices also has higher R & D and production costs than other packaging industries due to its strict quality management standards and complex system structure.

2. Enterprises are generally small in scale

China's medical device industry and medical device sterilization and packaging industry have a low concentration, with tens of thousands of production enterprises and generally small scale. Anqing Procter & Gamble Packaging Co., Ltd., one of the professional medical device packaging and sterilization manufacturers in China; The medical device packaging industry is hardly competitive in the world. Most of the enterprises in China are small in scale and lack of R & D investment, which seriously restricts the independent innovation of enterprises and leads to the weak competitiveness of enterprises in the market.

3. There are multiple regulatory issues

From the perspective of the medical device industry and the medical device sterilization and packaging industry as a whole, there are many ministries and commissions involved in the industry management. Many ministries and commissions such as the development and Reform Commission, the health and Family Planning Commission, the food and drug administration, the Ministry of Commerce, the Ministry of industry and information technology, the General Administration of quality inspection, and the Ministry of science and technology are all promulgating policies and regulations related to the industry. The phenomenon of cross management of the medical device industry by government departments has occurred from time to time. The formulation of industrial policies involves the General Administration of food and drug administration, the development and Reform Commission and the Legislative Affairs Office of the State Council; Safety supervision involves the health and Family Planning Commission and the food and drug administration; Production development involves the State Administration of food and Drug Administration and the Ministry of industry and information technology; The circulation channels involve the General Administration of food and Drug Administration and the Ministry of Commerce.

The multi head management of many ministries and commissions has affected the management efficiency of the industry, blocked the development pace of the industry, caused the disadvantages of difficult comprehensive management and poor overall planning, not only increased the waste of administrative resources, but also increased the burden of enterprises, thus affecting the healthy development of the industry.

4. The high-end market is occupied by multinational companies.

China's medical device industry and medical device sterilization and packaging industry started relatively late, and there is still a certain gap with international medical device giants, especially large-scale equipment and high-end medical equipment. Domestic medical institutions still tend to use imported equipment, and the high cost of imported medical devices is also one of the reasons for the high medical costs. Domestic medical device packaging and manufacturing enterprises mainly focus on low-end conventional products with price advantages, including small and medium-sized devices and consumables. Only some products have the strength to compete with imported medical devices, such as monitors, anesthesia machines, blood cell analyzers, color ultrasound and biochemical analyzers.

Although the development of China's medical device industry and sterilization packaging industry has encountered difficulties and obstacles, the market potential of China's medical device sterilization packaging industry is still considerable. The medical device industry is constantly developing with the growth of human health demand. It is known as a sunrise industry and is a field that the developed countries in the world compete for. As of 2017, the total scale of China's medical device market was about 445 billion yuan, an increase of 75 billion yuan over 370 billion yuan in 2016, with an increase rate of about 20.27%.

However, although the "cake" is large, the "outstanding" is scarce.  Anqing Baojie Packaging Co., Ltd. is a professional enterprise that produces sterilization packaging for medical devices in China, and is also a pivotal enterprise that exports such packaging. We will uphold the principle of helping customers achieve their goals to achieve a win-win situation. From a strategic height, we will plan the development scale, increase hardware investment, expand the market, and strive to create brand products and first-class enterprises. To provide customers with high-quality medical device packaging products and contribute to the medical device sterilization and packaging industry.