Policy support，the rehabilitation medical industry ushers in new development opportunities
Under the guidance of successive policies at the national level, the rehabilitation medical industry ushers in new development opportunities.
01
Promoting the construction of elderly healthcare
Recently, the General Office of the CPC Central Committee and The General Office of the State Council issued the Opinions on Promoting the Construction of the Basic Healthcare Service System (referred to as the Opinions), which clearly put forward that the basic Healthcare service system should be improved to better protect the life of the elderly, which indicates that the rehabilitation medical track will welcome good news.
According to the Opinions, basic old-age care services refer to basic, inclusive and bottom-line services provided by the state directly or through certain means to support relevant subjects, including material help, care services, which are essential for the elderly to be supported and dependent on.
Key tasks include formulating and implementing a list of basic old-age services, establishing a proactive response mechanism for precise services, improving the guaranteed mechanism for basic old-age services, enhancing the supply capacity of basic old-age services, and enhancing the facilitation and accessibility of basic old-age services.
According to the Opinions, local governments at or above districted cities should incorporate the construction of old-age service facilities into relevant plans, formulate overall plans to promote the development of old-age service facilities at different levels and reasonably determine the type, quantity, scale and layout of facilities by combining the local economic and social development level, the status and development trend of the elderly population, and environmental conditions. A network of service facilities for the elderly with a scientific structure, complete functions and reasonable layout will be formed.
All newly-built urban areas and residential areas shall, in accordance with the standards and requirements, build supporting facilities for the elderly. Old urban areas and residential areas that have already been built should be combined with the renovation of old residential areas in cities and towns, and efforts should be made to improve elderly service facilities through reconstruction.
According to the Opinions, every county, city, district and should have at least one county-level institution providing professional care for disabled people with extreme poverty by 2025.
In terms of improving the level of convenience and accessibility, relying on and integrating existing resources, develop street (township) regional elderly care service centers or elderly care service complexes. Supporting old-age institutions to operate community old-age service facilities, according to the provisions of the overall planning of old-age service resources. Supporting social forces to provide services such as day care, meal assistance and rehabilitation care for the elderly. Encouraging the development of community rental services for rehabilitation aids to improve the self-care ability of the elderly and the quality of home care. Actively promoting the elderly service certification work. Strengthening the construction of information accessibility, reduce the difficulty of digital technology application for the elderly, preserve offline service channels, and provide convenience for the elderly to access basic elderly care services.
02
Rehabilitation equipment into the explosive period
In recent years, the rehabilitation medical instrument industry has developed rapidly in China
According to the data from Frost & Sullivan, the market size of rehabilitation medical devices in China reached 45.03 billion yuan in 2021, with a year-on-year growth of 17.63%. The market size was about 51.1 billion yuan in 2022 and is expected to reach 61.57 billion yuan in 2023.
The National Health Commission also said in its assessment of the medical service capacity of county hospitals that the average setting rate of rehabilitation medicine departments in county hospitals has increased to more than 80 percent in 2022.
The rapid development of the rehabilitation medical track, on the one hand, the acceleration of the aging process and other factors caused the market expansion, on the other hand, also from the continuous guidance of national policies.
In February this year, the General Offices of the CPC Central Committee and The State Council issued the Opinions on Further Deepening Reform and Promoting the Healthy Development of the Rural Medical and Health System, which mentions that township hospitals should comprehensively improve their disease prevention and treatment and health management capabilities, and encourage the expansion of services such as rehabilitation, combination of medical and nursing care, and hospicatory care.
The 14th Five-Year Plan for the Development of National Aging Cause and Elderly Care Service System issued by The State Council also clearly proposes to develop health promotion rehabilitation AIDS and accelerate the integrated application of artificial intelligence, brain science, virtual reality, wearable and other new technologies in health promotion rehabilitation AIDS. To develop rehabilitation aids such as exoskeletal rehabilitation training, cognitive impairment assessment and training, communication training, incontinence rehabilitation training, motor muscle strength and balance training, geriatric ability assessment and daily activity training.
To promote the application of intelligent health and elderly products. To meet the needs of the elderly for rehabilitation training, behavioural assistance, health physiotherapy and safety monitoring, increase the application of intelligent prosthetics, robots and other products. To carry out pilot demonstration construction of intelligent health and elderly care applications, build support platforms for entrepreneurship such as crowdsourcing, crowdsupport and crowdfunding, and establish a number of ecological incubators and accelerators for the intelligent health and elderly care industry.
To compile the promotion catalog of smart health care products and services, improve the service process specifications and evaluation index system, and promote the standardized and standardized development of smart health care.
In March, the General Offices of the CPC Central Committee and The State Council issued Opinions on Further Improving the Medical and Health Service System, which listed rehabilitation medicine as one of the key disciplines to strengthen clinical specialties and management capacity building.
In April, the National Health Commission held a press conference in Beijing to introduce the expansion, sinking and balanced distribution of high-quality medical resources. At the meeting, it was mentioned that an effective model for specialized joint diagnosis and treatment of major diseases such as tumors, cardiovascular and cerebrovascular diseases should be established, and multidisciplinary diagnosis and treatment, accelerated rehabilitation, and integrated traditional Chinese and Western medicine should be promoted. Efforts should be made to make positive progress in surgical robots, 3D printing, new medical material applications, and computer-assisted diagnosis and treatment.
With market expansion and policy support, the rehabilitation medical device industry will maintain a stable development situation. In recent years, more and more rehabilitation projects have been included in the healthcare security payment list, but under the general principle of “basic protection”, some rehabilitation projects or rehabilitation equipment with high costs still need to be borne by individuals.
At present, there is no real “leader” in the rehabilitation medical device market in China. Companies such as Lifetronic, Vishee, Longest, Xiangyu Medical, etc. listed on the A-share market have a market value of less than 10 billion yuan, and their scale is relatively limited.Xiangyumedical .
At present, the existing rehabilitation medical infrastructure construction has not yet met the urgent market demand. With the continuous enhancement of national rehabilitation awareness, technological progress of related enterprises, and maturity of supporting industry chains, rehabilitation medical will usher in a golden period of rapid development in the future.
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
