Four Categories of High-Value Neurointerventional Medical Devices to Undergo Significant Price Cuts Starting March 25

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March 25

Price Reduction Begins for 4 Types of Neurointerventional Consumables

Source of the image: Guangdong Provincial Medical Security Bureau

According to the official procurement documents previously published by the Guangdong Medical Insurance Bureau, the procurement categories this time are four types of neurointerventional medical consumables:Neurointerventional Microguidewire, Neurointerventional Standard Access Guiding Catheter, Neurointerventional Distal Access Guiding Catheter, Neurointerventional Supportive Auxiliary Catheter, the procurement entity is public medical institutions in Guangdong Province, as detailed in the figure below.

Source: Shenzhen Public Resources Trading Center

In this selection result, a total of157 Selection Records, among which 19 are imported products,65 EnterprisesShortlisted, with a total of 57,879 units in the first year's agreement procurement volume.Among the selected products, there are 63 micro guidewires, 9 ordinary access guiding catheters, 68 distal access guiding catheters, and 17 support assist catheters. Among the selected companies, Hunan Ruikangtong Technology Development Co., Ltd. has the most products selected. Some of the selection information is as follows.

Source of the image: Guangdong Provincial Medical Security Bureau

The procurement cycle this time is2 Years, will be onMarch 25Officially began implementation.

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Billion-Dollar Market

Acceleration of Domestic Substitution

Public data shows that, from the perspective of the overall market, the size of China's neurointerventional consumables market will increase to 12.8 billion yuan by 2025. Driven by factors such as the aging population trend, early screening, and growing medical demands, the overall market...Expected to exceed 31 billion yuan by 2030。

But it is worth noting that China's neurointervention market remainsDominates the foreign brandCurrently, the market is mainly dominated by foreign brands such as Medtronic, Stryker, and Johnson & Johnson. Taking the micro-guidewire market as an example, this type of consumables market has long been dominated by foreign brands like Terumo, Medtronic, and Boston Scientific, with a low rate of localization in China. However, in recent years, Chinese companies represented by Zylox-Tonbridge and HeartCare have made breakthroughs in this field, with their products gradually entering clinical use.

According to the PharmCube Medical Device Data Query, currently included8956 itemsInformation on the centralized procurement of micro-guidewires shows that among the provinces releasing such medical consumables procurement information, Guangdong Province has the most, followed by Henan, Gansu, and Heilongjiang. Under the coverage of centralized procurement, the proportion of domestically produced products in this category has also seen significant growth. In the collected procurement information,The proportion of domestically produced products has reached 77.48%, while imports have been compressed to 22.52%.。With the improvement of R&D capabilities of medical device companies, Chinese enterprises represented by HeartCare have continuously made breakthroughs, and their products have been successively launched.

Image Source: Pharmcube Medical Device Data

As the medical consumable with the most selected information in this round of centralized procurement, the distal access catheter has already been actively involved in previous procurement projects conducted across various regions, with prices partially adjusted. According to queries from the PharmaSmart Medical Device Database, relevant data has been collected.13,416 entriesThe centralized procurement information for this type of consumables shows that Jiangxi Province has the most records, followed by Guangdong and Henan.

Image Source: PharmaSmart Medical Device Data

Moreover, it is worth mentioning that in recent years, under the normalized trend of medical consumables centralized procurement, the number of procurement projects carried out in multiple regions has increased, and the variety of medical consumables covered by centralized procurement has also expanded. Guangdong Province is no exception, continuously accelerating in the field of medical consumables procurement. According to data from PharmaData Medical Device queries, 2,729,462 pieces of procurement information in Guangdong Province have been recorded so far.The procurement amount reached 32.464 billion yuan, with a procurement volume of 1.542 billion units, and the selected products have covered 552 varieties.。

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Conclusion

This year, the procurement of medical consumables in Guangdong Province will continue to accelerate. In addition to the upcoming implementation of the four types of neurointerventional consumables, Guangdong Province has also carried out the procurement of digestive interventional medical consumables this year, which has been officially implemented since February 10. Moreover, the Shenzhen Public Resources Trading Center has conducted product information maintenance for seven categories of medical consumables, including intracranial stents. Seven varieties—intracranial stents, intracranial thrombectomy stents, intracranial balloon dilatation catheters, neurointerventional aspiration catheters, neurointerventional microcatheters, anesthesia circuits, and disposable invasive blood pressure sensors—are about to initiate the procurement process.