In recent years, with the rapid development of the pharmaceutical industry, the pharmaceutical equipment industry has also ushered in a good development opportunity. A group of leading pharmaceutical equipment companies are deeply cultivating the domestic market, while focusing on their respective segments, continuously increasing R&D investment and launching new products demanded by the market, gradually breaking the monopoly market of imported products. There are many pharmaceutical equipment companies like IVEN, who are riding the “Belt and Road” and continue to enter the international market and participate in international competition.
Statistics show that the market size of China's pharmaceutical equipment industry increased from 32.3 billion yuan to 67.3 billion yuan in 2012-2016, doubling in five years. In recent years, the market scale of the pharmaceutical equipment industry has maintained a growth rate of more than 20%, and the concentration of the industry has been continuously improved.So, what are the specific characteristics of the pharmaceutical equipment industry at this stage?
First, the industry is becoming more standardized. In the past, due to the lack of standardized system in China's pharmaceutical equipment industry, the pharmaceutical equipment products on the market have shown that the quality is difficult to guarantee and the level of technology is low. Nowadays, great improvement has been made. Now the relevant standards are constantly established and perfect.
Second, the higher pharmaceutical equipment industry is receiving more and more attention. At present, the state's support for the pharmaceutical equipment industry has increased. The industry insider believes that the development and production of higher pharmaceutical equipment is included in the encouragement category. On the one hand, it can reflect the demand for the pharmaceutical equipment industry is increasing. On the other hand, it also encourages pharmaceutical equipment companies to transform to higher goals, break more technical barriers.
Third, industry consolidation has accelerated and concentration has continued to increase. With the end of the new GMP certification in the pharmaceutical industry, some pharmaceutical equipment companies have gained greater development space and market share with their complete production chain, reliable performance and feature-rich product groups. Industry concentration will be further enhanced and some products with high durability, stability and added value will be created.
Post time: Sep-24-2020