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Synopsis
With the accelerated aging, the
prevalence of cardiovascular diseases in China increased year by year.
According to statistics of National Health and Family Planning Commission of
the People’s Republic of China, in 2012 cardiovascular disease deaths in China
reached 3.5 million. The fast growing number of heart patient’s stimulated rapid
growth in Chinese demand for interventional cardiac operation and coronary
stent. China's PCI (percutaneous coronary intervention) surgeries increased
from 25,000 cases in 2002 to about 531,000 cases in 2012; the number of
coronary stent implantation rose from 40,000 units in 2002 to approximately
640,000 units in 2012. In 2007-2012 China's cardiovascular stent market size
grew at an AAGR of 20.3%.
In China, interventional
cardiovascular devices are dominated by cardiovascular stent. Currently, the
top three companies in China's coronary stent market are respectively
MicroPort, Lepu Medical and JW Medical; while supporting auxiliary devices such
as catheter and guide wire feature low localization rate, mainly dependent on
imports. In 2012, Chinese enterprises accounted for 66.8% of Chinese
interventional cardiovascular device market share, followed by foreign
counterparts with 33.2%.
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Interventional
cardiovascular device is a sunrise industry, there lies strong clinical demand
for safer and more effective interventional products, and thus the world's
major manufacturers have invested heavily in research and development of new
products. Bio absorbable everolimus-eluting stent (BVS) has become the focus of
attention. Abbott in September 2012 launched the world's first A bio absorbable
everolimus-eluting coronary stent system (ABSORB), expected to bring a
revolutionary change in coronary artery disease (CAD) treatment; MicroPort's
third-generation completely biodegradable drug-eluting stent Firehawk has
completed clinical trials in China; Lepu Medical's completely biodegradable
drug-eluting stent is also in active research and development.
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report spread across [89] pages available
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more on “China Interventional Cardiovascular Device
Industry Report, 2013-2015”
report below.
China
Interventional Cardiovascular Device Industry Report, 2013-2015 mainly covers
the followings:
- Development, market demand, competition
pattern, profit level, etc. of the industry;
- Policy environment, impacts from upstream and
downstream sectors, etc.;
- Market size, supply and demand, product price,
etc. of industry segments (including coronary stent, balloon catheter,
guide wire, sheath group and auxiliary device), etc.;
- Operation, interventional device cardiovascular
business, operation in China, etc. of global companies (including Johnson
& Johnson, Medtronic, Boston Scientific, Abbott Laboratories, B.
Braun);
- Operation, interventional cardiovascular device
business, etc. of Chinese companies (including MicroPort, Lepu Medical,
Lifetech Scientific, JW Medical, Liaoning Bio-medical Technology,
OrbusNeich, SCW Medicath, Amtech Biotech and Starway Medical).
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Industry Report, 2013-2015” report OR for any other business research /
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