The total amount exceeds 103.3 billion! Large scale updates of medical imaging equipment in various provinces

2024-09-23

Since the release of the Action Plan for Promoting Large scale Equipment Renewal and Consumer Goods Trade in (hereinafter referred to as Trade in in March this year, various regions across the country have responded by launching and approving large-scale medical equipment trade in projects.

At the same time, some provinces have even issued procurement intentions and bidding notices, and the pace of medical equipment trade in is gradually accelerating. Procurement projects in various provinces and cities have begun to be implemented on a large scale.

Trade-in policy implemented at grassroots level

‘Stronger support’ becomes the key word for provincial policy

According to past policies and recent policy releases, the current implementation programme of trade-in has gradually penetrated to the city/district/county level, and each place has made some adaptive adjustments on the basis of the national policy according to its own actual situation.

The total disclosed amount exceeds 39.4 billion yuan

Ultrasound and CT have become “mandatory procurement products” for equipment updates in various provinces

Since the state issued the Trade in, various provinces and cities across the country have set up projects and approved large-scale medical equipment replacement projects. As of September 1, 2024, a total of 959 equipment renewal projects have been approved nationwide, with a total amount of 39.435 billion yuan.

Taking into account issues such as project disclosure, Joinchain integrated project approval and amount disclosure in various regions of the country and calculated that the actual total amount of the project approval will be far more than 39.435 billion yuan, and is expected to reach more than 103.3 billion yuan.

Regarding the proposed procurement products for the equipment update project approval stage in each province, based on the data from provinces that have publicly released detailed equipment procurement lists, the products to be purchased for this equipment update project are mainly concentrated in the field of medical imaging.

Among them, due to the wide adaptability of ultrasound imaging diagnostic equipment and its higher cost-effectiveness compared to other large medical imaging equipment, it has almost become the top priority for purchasing medical equipment in all provinces, followed by various mid-range, high-end, and ultra high end CT equipment.

The wave of purchasing intention has arrived

Large orders frequently are appearing in the central and western regions

As of September 8, the number of procurement intention projects disclosed by the government is 313, and the total amount has reached 8.737 billion.

At present, multiple provinces, cities, and regions across the country have begun to release a large number of government procurement intention lists, and the scale of procurement has gradually increased over time.

Purchasing Intentions for Equipment Renewal in China, Week 14 (1 April) to Week 36 (8 September)

For this large-scale equipment renewal, the State has provided a large amount of ultra-long-term national bonds and central financial support to the central and western regions, and some regions can even receive full support.

Therefore, with the support of national financial funds, a large number of central and western provinces and cities have launched large-scale medical equipment renewal projects and quickly entered the procurement process.

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：Joinchain

Translated & edited： Bradyknow