1. Competitive landscape of global medical dressing industry
According to the "2021 China Medical Dressing Market Research Report" released by the China Investment Industry Research Institute, due to relatively developed economies, strong residents' awareness of medical health care, and a more obvious aging population trend, developed economies such as the United States, Europe, and Japan are the world's most important medical dressing consumer markets, and with their technological and talent advantages, the above-mentioned countries and regions have many world-renowned large-scale pharmaceutical multinational companies, covering a wide range of business categories and products. Products are sold to many countries and regions, and brand and corporate visibility and market share are high. Internationally renowned medical device companies involved in the field of medical dressings include 3M company, Sweden's Mönnik, Britain's Smith & Nephew, Denmark's Coloplast, and the United States' Convatec.
Since the 1990s, as labor costs in developed countries continue to increase, large multinational medical device companies have gradually transferred the production links of traditional wound care products (such as gauze, bandages) with greater labor demand and low technical content in medical dressings to Asia, South America and other regions and countries, retaining the R&D and marketing links, and selling them under their own brands in the market. Relying on its labor cost advantages and industrial chain advantages, China has taken on this wave of industrial transfer and gradually formed a group of medical dressing manufacturers that engage in OEM production (OEM) for large international medical dressing brands and focus on exports, such as Wenjian Medical, Ogilvy Medical, Zhende Medical, etc. At present, China has become the world's largest exporter of medical dressings, with exports reaching US$2.716 billion in 2019. The quality of traditional Wound Care products has reached the world's leading level, but there is still a certain gap with developed countries in terms of product innovation, R&D investment, talent and technology levels, equipment levels, and the construction of global marketing networks.
2. Overall scale of China’s medical dressing market
According to the "2021 China Medical Dressing Market Research Report" released by China Investment Industry Research Institute, medical dressings refer to medical materials used to cover sores, wounds or other damage, and are nursing and protective devices among medical devices. In recent years, with the improvement of my country's medical conditions and the improvement of residents' health awareness and consumption levels, my country's medical dressing market has grown steadily. In 2019, the size of my country's medical dressing market was approximately 7.312 billion yuan. It is predicted that in 2020, the size of my country's medical dressing market will reach 8.225 billion yuan.
3. Medical dressing operating room infection control products market space
According to the "2021 China Medical Dressing Market Research Report" released by China Investment Industry Research Institute, due to the increase in the number of surgical operations and the strengthening of infection control measures, the operating room infection control products market has continued to grow. According to statistics from CMI, the market size of operating room infection control products is expected to reach US$3.688 billion in 2026, with an average annual compound growth rate of 4.9%.
Operating room infection control products can be divided into reusable and disposable. The shift from reusable products to disposable products has become the development trend of the industry. The main reasons include: On the one hand, disposable surgical infection control products can significantly reduce the risk of cross-infection compared with reusable products. According to a report by Coherent, disposable operating room infection control products can reduce the risk of cross-infection during surgery by 60%. The "Operating Room Nursing Practice Guidelines" prepared by the Operating Room Professional Committee of the Chinese Nursing Association also recommends the use of disposable sterile products in operating rooms. On the other hand, disposable operating room infection control products also have advantages over reusable products in terms of convenience and cost, making the demand for disposable products even stronger.
Compared with individual products, the market size of customized surgical package products will show a rapid growth trend. According to statistics from CMI, the global customized surgery package market is expected to grow to US$21.347 billion in 2026, with an average annual compound growth rate of 10.2%. Among them, the scale of my country's customized surgical package is expected to rise to US$1.504 billion, with an average annual compound growth rate of 12.2%. The market prospect is very broad.
