Pharmaceutical Economic News: Ultrasound Therapy Equipment Purchases Increase in Volume, Decrease in Value

According to MDCLOUD, in the fourth quarter of 2023, the database collected a total of 395 winning bids for ultrasound therapy equipment, involving 299 purchasing units and 45 brand names, and in general, showing an increase in purchasing volume and a decrease in sales: the winning bid amount decreased by 17.8% year-on-year, while the number of winning bids increased by 36.9% year-on-year.

According to the disclosed brand and amount data, Peninsula- med ranked first in the total bid amount, accounting for 34.99%, while Haifu Medical Technology Co. Ltd. ranked second, accounting for 15.58%; Lifotronic ranked third, accounting for 12.63%.
From the perspective of models, the relevant models of Peninsula-med occupied a considerable market share in ultrasound therapy equipment. Its models, MFUS Pro and MFUSOne, were in the top two, with bid winning amounts accounting for 18.44% and 14.43% respectively. Haifu Medical’s JC200D0 ranked third, with bid winning amounts accounting for 9.32%.

According to the bidding results, Guangxi was the most active region for ultrasound treatment equipment bidding in the fourth quarter of 2023, with a procurement amount of 9.36%, and Hubei ranked second with a procurement amount of 9.07%; Inner Mongolia ranked third with a procurement amount accounting for 8.24%.

China is encouraging China end uses for more domestic products in latest years. Thus, more and more overseas manufacturers are planning localization in China. BradyKnows localization team has extensive experiences in facility establishment, audit, supplier evaluation, manufacturing, registration, and marketing in China. Pls feel free to let us know any questions on China entry via info@bradyknowsmedical.com

Source：Medicine Economic Reporter

Translated & edited by Bradyknows