News_CAIVD & PCEM

Followed China Mobile, China Telecom Got Into Medical Field!

2022/2/11 18:31:17　Views：606

On January 30, China Telecom Medical Health Technology Co., Ltd. was established with a registered capital of 200 million CNY. The business scope includes: sales of class II medical devices, class II medical device leasing, intelligent robot sales, research and development of intelligent robot, etc. The company is controlled by CLP World Wide Information Technology Co., Ltd., THE-CAPITAL and Sichuan Public Information Industry Co., Ltd., all of which are China Telecom holding companies. In other words, the company is 100% controlled by China Telecom Co., Ltd.

In fact, it is not the first transboundary for a Telecommunication company cross to the medical field. As early as April 2019, China Mobile has led the establishment of Lianren Digital Health Technology Co., Ltd., with a total investment of 2 billion. China Mobile holds 49.5% of the shares and has become the largest shareholder. China Pacific Life Insurance Co., Ltd and Jinan International Medical Center Development Co., Ltd. is the second and the third. In June 2021, China Mobile Communication Group Co., Ltd. obtained the design patent of "portable color ultrasonic instrument" which is used as a portable color ultrasonic instrument for medical testing.

In recent years, the field of medical devices is hot. In addition to the traditional medical device manufacturers, enterprises from all professions and trades have also focused on the cake of medical devices. Since 2019, Alibaba, Tencent and other e-commerce companies have been jumping into the Internet industry, as well as Baidu. They compete and cooperate with traditional medical firms in the fields of second-class medical equipment production, third-class medical equipment production and third-class medical equipment operation. Time goes by, the layout of these giant enterprises in the medical field has gradually clear.

In recent years, the field of medical devices in China has developed rapidly and has become an important force to promote the high-quality operation of the economy. According to relevant data, as of 2020, the scale of China's medical device market is about 734.1 billion CNY, with a year-on-year increase of 18.3%, close to four times the growth rate of global medical devices. China has also become the world's second largest medical device market after the United States. It is expected that the average annual compound growth rate of the market scale in the field of medical devices will be about 14% in the next five years, and will exceed trillion by 2023. Of course, opportunities and risks still coexist! Under the guidance of expanding market scale and national incentive policies, it will attract more social capital, thus increasing the competition among medical equipment manufacturers.

Prev：Metabolomics-Based Blood Test Could Enable Earlier Detection of Cancer Next：Illumina Q4 Revenues Grow 26 Percent, Full-Year 2021 Revenues Jump 40 Percent