Low-value medical consumables
Jan 16, 2025Major listed companies in the industry: Intco Medical (300677); Blue Sail Medical (002382); Yuwell Medical (002223); Xinhua Medical (600587); Sonoscape Medical (300633), etc.
The market size of China's low-value medical consumables industry will exceed 130 billion CNY in 2024
According to the definition of Shanghai Medical Device Industry Association, low-value medical consumables are mainly disposable sanitary materials frequently used by medical institutions in the process of providing medical services, such as gauze, cotton swabs, gloves, syringes, etc. Low-value medical consumables are widely used in medical services, and are characterized by being disposable and low-value, such as anesthesia consumables, medical technology consumables, medical disinfection consumables, etc.
In 2023, the market size of low-value medical consumables in China will reach 128 billion CNY, with a five-year compound growth rate of 14.83%. According to preliminary estimates, the market size of low-value medical consumables in China will exceed 130 billion CNY in 2024.
Market Segments
From the perspective of market segmentation structure, products for injection and puncture account for the largest share of about 30% in my country's low-value medical consumables industry, followed by medical sanitary materials and dressings and medical polymer materials products.
Industry Competition
The competition landscape in China's low-value medical consumables sector is highly fragmented, with a large number of small and medium-sized enterprises participating, mainly in the fields of disposable consumables, diagnostic reagents, surgical consumables and other products. Domestic companies such as Biostime and BGI Pharmaceuticals have captured market share through large-scale production and price advantages. Since the technical threshold of products is relatively low, competition mainly depends on price, quality and distribution channels.
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Name |
Introduction |
Products |
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Yuwell Medical |
A leading medical device manufacturer in China, founded in 1998, focused on providing products such as respiratory therapy home medical devices and hospital medical devices |
The main production of disposable medical supplies, such as oxygen masks, breathing pipes,infusion sets, syringes, band-aids and so on. |
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Mindray Medical |
Founded in 1991, is a leading global provider of medical devices and solutions in the areas of life in formation and support, in vitro diagnostics and medical imaging |
Disposable medical consumables such as syringes, infusion sets catheters, blood pressure cuffs, etc. The products in the low-value consumables market are widely used in medical institutions such as hospitals and clinics. |
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Lepu Medical |
Founded in 1999, focuses on the development and production of cardiovascular disease-related equipment and products, covering many fields such as drugs, devices, consumables and so on. |
In the cardiovascular field, Lepu produces a large number of low-value consumables, such as catheters, guides, drains, syringes, needles,etc.In addition, Lepu has a presence in the low-value consumables market for medical monitoring and testing related products,covering a wide range of clinical applications |
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Bluesail Medical |
Founded in 1993, Lanfan Medical is committed to the development, production and sales of disposable medical consumables, and is one of the leading medical consumables manufacturers in China. The company mainly provides medical consumables, care products and disposable products, covering hospitals, clinics and other medical institutions. |
Blue Sail Medical's low value medical consumables products cover a wide range of categories,including disposable infusion sets,syringes, blood transfusion sets, tourniquets catheters,respiratory tract related products,surgical dressings,surgical instrument sets, etc |
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Intco Medical |
Founded in 2004,Intco Medical focuses on the development, production and sales of disposable medical consumables, especially in the field of global protective products. The products cover medical devices,consumables and personal protective equipment, and are widely used in hospitals clinics, laboratories and public health. |
Intco's core products in the field of low-value medical consumables include disposable gloves (especially rubber gloves and medical nitrile gloves), syringes, infusion sets, catheters, masks, respiratory masks, etc |
