"2017 Future Healthcare 100" Forum Ushers in the Era of 'Species Explosion' in the Medical Industry

The “2017 Top 100 Future Healthcare Companies” Forum, themed “The Era of Species Explosion,” was successfully held at the Beijing Marriott Hotel from December 15 to 17, 2017.

Taking the release of the Future Healthcare 100 List and the Future Healthcare 100 Series Awards as an opportunity, this conference gathered the most active healthcare innovation enterprises, listed companies, financial institutions, and medical organizations from both China and abroad.

Attracting nearly 100 industry leaders and experts, including Cai Daqing, Managing Director at Legend Capital; Cai Jiangnan, Director of the Center for Health Management and Policy at CEIBS; Zhou Daixing, General Manager of Berry Genomics; Yu Rong, Chairman of Meinian Onehealth Healthcare Group; Ruan Hongxian, Chairman and General Manager of Yixintang; Ni Rong, Chief Designer of Wuzhen Internet TCM Clinic under WeDoctor Cloud; Jiang Ying, General Manager of Ping An Health (Testing) Center; Fan Shaofei, Chairman and CEO of Ping An Wanjia Medical; Gao Zhibo, CEO of YuCe Bio; Jin Xin, Founder and CEO of AiYiSheng; Zheng Yongsheng, Vice President of Yitu Healthcare; and Sun Yongping, Vice President of Wanda Health.

The conference wasIntelligent Imaging, Smart Medical Devices, New Clinics, Hospital Innovation, Pharmaceutical Distribution, Maternal and Child IndustryCentered on the eight hottest topics in the healthcare sector for the year, the event will concurrently host over 20 parallel forums covering various medical sub-sectors, fostering effective interaction and collaboration across the industry chain to accelerate the rapid development of high-growth-potential sectors and enterprises.

VCBeat Founder Li Datao

At 8:30 a.m., as the most anticipated segment of the conference, Li Datao, founder of VCBeat, took the stage amidst applause to release"Data Insights into Healthcare: 2017 Future Medical Industry Competitiveness Report"(hereinafter referred to as the “Report”) and provided an in-depth analysis of the report. It is reported that this Report was compiled by seven researchers from VCBeat, who surveyed more than 500 innovative healthcare companies, organized over 70,000 data points on these enterprises, and completed the work within two months.

Over these two months, researchers repeatedly verified the data, collaborated with experts to define the dimensions for indicator scoring, and employed the Analytic Hierarchy Process (AHP) to determine the weights of indicators at each level. Supported by the rigorous analyses of VCBeat Research Institute and Zero2IPO Capital, they ultimately derived the companies’ comprehensive competitiveness through quadrant analysis. VCBeat refers to this analytical model for startups in the healthcare sector as the VB Quadrant.

According to the Report, after five years of fluctuations and adjustments, innovation in the healthcare industry began in 2017 to gradually enter a phase of rational development, as primarily evidenced by the following aspects:

① Enhancement of Productivity:New technologies are giving rise to new productive forces, with big data driving the optimization of hospital management processes and fostering new insights into disease treatment and rehabilitation;

② Changes in Production Relations:To implement tiered diagnosis and treatment and address the challenges in primary healthcare, private and public hospitals, as well as public hospitals among themselves, are shifting from competition to collaboration. This transition aims to supplement primary healthcare resources and establish medical consortiums.

③ Changes in Production Factors:From Hospitals to Physicians: The Brand Effect in Healthcare Is Shifting;

④ Upgrading of Consumption Concepts:Rising consumer demand is driving the marketization of the healthcare industry, creating greater market opportunities.

Regarding this report, Li Datao, founder of VCBeat, also shared his perspective. He believes thatThe traffic of industry giants can spawn numerous smaller leaders. Manufacturing enterprises will inevitably evolve toward community operations and ecological alliances. The industrial era of the past emphasized order and closed systems, whereas the present is becoming increasingly open and uncertain. Large enterprises hold significant opportunities; they may redefine the value chain through financial investments. Furthermore, leading companies within individual niche segments also possess substantial opportunities.

“The Camel’s Long March, the Cheetah’s Energy, the Wildebeest’s Trail, the Elephant’s Turn, and the Crocodile’s Strike: These animals, seemingly unrelated to the healthcare industry, are closely tied to the keynote speeches of this forum.”

In the era of the "Cambrian Explosion" of species, various specialized sectors within healthcare are surging with renewed vitality. VCBeat has categorized these emerging elements into five major themes:The Transformation of the Healthcare Service System、Deep Evolution of Medical Technology Driven by Capital、The New Landscape of Healthcare Traffic Gateways、The New Normal Driven by Pharmaceutical and Medical Device Industrial Policies, and the Cross-Border Collaboration and Integrated Growth of the Healthcare Industry. The conference's keynote speeches also revolved around various themes.

Cai Daqing, Managing Director at Legend Capital

Cai Daqing, Managing Director at Legend Capital, assessed the dominant forces shaping the healthcare industry at its current stage. In his view, while policy and market dynamics remained the primary drivers in 2010 and 2015, technological advancement has now become one of the leading forces in China’s healthcare sector.When making investments, Legend Capital always keeps both the demand side and the supply side in mind. On the supply side of the healthcare industry, technologies such as monoclonal antibodies and genomics will play a crucial role in the future.。

Ni Rong, Chief Designer of WeDoctor Cloud and Wuzhen Internet Traditional Chinese Medicine Clinic

In reshaping the new healthcare ecosystem, Ni Rong, Chief Designer of WeDoctor Cloud and the Wuzhen Internet Traditional Chinese Medicine Clinic, believes that enterprises need to achieve four key objectives:

First,It is essential to understand the Party’s policy framework.；

Second,It is essential to ensure that the general public receives tangible benefits.；

Third,All healthcare services must ensure physicians’ efficiency.；

Fourth,WantShare the Cake with Partners, Achieve Mutual Benefits；

Fifth,One's own survival,"In the next three to five years, as long as enterprises can survive, they will certainly achieve significant development."

Jiang Ying, General Manager of Ping An Health (Diagnostic) Center

Jiang Ying, General Manager of Ping An Health (Diagnostic) Center, shared Ping An’s initiatives in third-party imaging centers. She stated that enterprises aiming to operate third-party diagnostic centers must focus on four key aspects: first, adopting cutting-edge technology; second, integrating business models; third, providing personalized services; and fourth, implementing chain operations.

Ping An’s diversified business operations and its vast customer base constitute vital resources for Ping An Health (Diagnostic) Center. In this context, the center can leverage these assets to deliver rapid and efficient services.。

“2017 Future Healthcare Top 100” Forum Speech Themes on the 15th

In addition to the aforementioned speakers, the presentations delivered by the other guests were equally compelling.

This could be the most suspenseful dinner party of 2017.

Each year, VCBeat releases the Future Healthcare 100 list, a ranking of the top 100 non-listed Chinese healthcare companies sorted by valuation after careful review by industry experts. It is the biggest suspense at the VCBeat Future Healthcare 100 Forum.

Additionally, in the 2017 healthcare sector, more than 30 outstanding companies and individuals will receive the Annual Awards at the gala dinner. The recipients of awards such as “Most Driving Listed Company of 2017,” “Most Influential Investment Institution,” and “Most Promising Company” are about to be announced.

In the healthcare industry’s “Cambrian Explosion” era, we are welcoming a diverse array of startups and an endless stream of emerging opportunities. The “2017 Future Healthcare 100” Forum is an annual conference for all professionals in the medical and health sectors. At this event, the future has already arrived.

Organizer:VCBeat, VCBeat Research Institute

Guiding Organization:China Association for the Promotion of Rehabilitation Technology Translation and Development

Co-organizers:Legend Capital, Optics Valley Smart Park, Health Intelligence Valley, Zero2IPO Capital, UK International Medical Group, Northeast Securities

Strategic Partners:WeDoctor, Yitu Healthcare, Ping An Health (Testing) Center

Partners:Miao Health, Kangborui, Medlinker, Xiao Dou Miao, Hao Xinqing, Wei Ai Kang, Remote Vision Group, Anhan Medical, Yasen Technology, Penguin Doctor, Deepwise Medical, Aiyisheng, Yi Manyi, Shulian Yikang, Beden Medical, Zhizhong Technology, Jianmeng, Ronglian Qimo