Navigating Innovation and Transformation in China's High-Value Medical Consumables Industry Amidst Volume-Based Procurement and Digitalization

Currently, China’s high-value medical consumables largely meet domestic market demand. However, the sector still faces multiple challenges: its product tiers and quality require deeper recognition in international markets; the product structure needs to shift from low value-added to medium- and high value-added offerings; and the manufacturing model must transition from original equipment manufacturer (OEM) production to that of an original design manufacturer (ODM).

In recent years, the high-value medical consumables industry has been facing multiple challenges, including digital transformation, volume-based procurement, and supply chain management. At the same time, it is actively exploring innovative opportunities to promote healthier, more efficient, and sustainable development. Against this backdrop, byHosted by Guoke Hengxing, VCBeat, and VCBeat Select, with support from BioBAY2024 Industrial Upgrade Tour for High-Value Medical Consumables ParksTo be held in Suzhou on August 28.

· Hot Topics:In the Post-Volume-Based Procurement Era, Where Crises and Opportunities Coexist: How Can Manufacturers of High-Value Medical Consumables Enhance Their Comprehensive Competitiveness? How Should They Address Operational Challenges?

· Frontier Insights,Amid the Global Wave of Digital Intelligence: New Directions for Digital Innovation in High-Value Medical Consumables Enterprises and the Overseas Expansion of the Healthcare Industry

· Cross-Boundary Dialogue,Examining the Development Trajectory of the High-Value Consumables Industry: How Can the Neurointerventional Field Recreate “Blockbuster Coronary Products”? How Can Digital Transformation Enable Rapid Market Capture and Increase the Rate of Domestic Substitution?

Event Name:2024 Industrial Upgrade Tour for High-Value Medical Consumables Parks: Suzhou Stop

Event Duration:August 28 (Wednesday)13:30

Venue:Bituo ZhongChuangkongRoom (2nd Floor, Building B6, BioBAY, No. 218 Xinghu Street, Suzhou Industrial Park)

Organizer:Guoke Hengxing, VCBeat, VCBeat Select

Supporting Organizations:BioBAY, BioTOP (Jinji Lake Craftsmen Academy’s Branch for the Biopharmaceutical Industry)

Event Scale:50 people/session

Proposed Invited Companies: Better Micro Medical, Dingke Medical, Yingmai Technology, Xuanyu Medical, Shenping Medical, Zhongtian Medical, etc.

Speakers and Panelists: Scan the QR code to add our assistant for registration inquiries!

On-site Registration: Scan the QR code to attend for free! You will also receive two opportunities for resource connections with VCBeat.

Guoke Hengxing (Beijing) Medical Technology Co., Ltd. was established in 2015 as a wholly-owned subsidiary of Guoke Hengtai (Beijing) Medical Technology Co., Ltd. Rooted in the healthcare industry, Guoke Hengtai is a high-tech enterprise that has built an industrial internet platform for intelligent digital supply chains and provides digital services. The company serves manufacturers, distributors, service providers, medical institutions, and government regulatory authorities within the healthcare sector. It focuses on leveraging digital technology products and services to connect upstream and downstream segments of the industry chain, thereby facilitating comprehensive digital transformation and industrial upgrading.

By subway:

Take Metro Line 2, [Moon Bay] Exit the station and walk 590 meters to arrive

Taking a Taxi at the Railway Station:

Distance to Suzhou Industrial Park Station: 10.8 km

Distance to Suzhou Railway Station: 19.2 km

Distance from Suzhou North Railway Station: 29.6 km