1. Basic overview of the industry

Magnetic resonance imaging (MRI) is to apply a radio frequency pulse of a certain frequency to the human body in a static magnetic field, so that the hydrogen protons in the human body are excited and magnetic resonance occurs. The magnetic resonance imaging system is mainly composed of five parts, namely magnet, spectrometer (gradient controller, RF pulse generator, sequence generator, data acquisition, etc.), gradient, radio frequency, computer and image processing system, etc. Interconnected, controlled and coordinated by computer. According to the principle of magnetic field generation, the magnetic resonance systems on the market are mainly permanent magnet and superconducting.

 

Source: China's Magnetic Resonance Imaging System Industry Development Status Analysis and Future Investment Research Report (2022-2029)

MRI equipment consists of magnet system, spectrometer system, computer reconstruction and image display system, among which the spectrometer system is the core control center of MRI. With the maturity of MRI technology and its wide range of applications, it has become a routine medical examination method and is widely used in the diagnosis of Parkinson's disease, multiple sclerosis and cancer.

2. Development status of the industry

Magnetic resonance imaging system is a biomagnetic nuclear spin imaging technology that has gradually emerged with the development of computer technology, electronic circuit technology, and superconductor technology. It uses magnetic resonance phenomena to obtain electromagnetic signals from the human body and reconstruct the human body. A medical imaging method of information image.

Since the 1980s, magnetic resonance imaging technology has been developed at an extremely fast speed, which has greatly promoted the rapid development of medicine, neurophysiology and cognitive neuroscience. Compared with foreign countries, my country's medical magnetic resonance imaging system industry started relatively late. In 1982, the former State Science and Technology Commission began to organize research projects on the development of magnetic resonance imaging technology, opening a new chapter in the development of China's magnetic resonance imaging industry. In the past 10 years, my country's magnetic resonance imaging technology has developed rapidly. In 2011, my country's first superconducting magnetic resonance (1.5T) imaging system with independent intellectual property rights was born. The brand has obtained the CFDA registration certificate for the 3.0T superconducting magnetic resonance imaging system. In addition, the Superscan 3TMRI product launched by Xingaoyi has started the NMPA registration application process, and domestic high-end magnetic resonance imaging products have begun to emerge.

In recent years, my country's economy has grown rapidly, and residents' spending power has continued to increase. According to statistics from the Bureau of Statistics, in 2021, the per capita disposable income and per capita consumption expenditure of Chinese residents will reach 35,100 yuan and 24,100 yuan, respectively. At the same time, the willingness of Chinese residents to spend on health care has increased. From 2015 to 2021, my country's per capita health care expenditure will increase from 1165 yuan to 2115 yuan. The improvement of residents' payment ability and willingness to pay has played a good role in promoting the growth of the magnetic resonance imaging system market.

According to the statistics of the China Medical Equipment Association, the domestic MRI system market will maintain rapid growth from 2017 to 2021, with a compound annual growth rate of 5.93%. In 2021, the market size of my country's magnetic resonance imaging system industry will be 19.229 billion yuan, as follows:

 

Source: China's Magnetic Resonance Imaging System Industry Development Status Analysis and Future Investment Research Report (2022-2029)

With the continuous improvement of the technical level of domestic MRI brand products and the continuous optimization and upgrading of comprehensive performance, under the background of national policies strongly supporting import substitution, it is expected that the market share of domestic MRI systems will continue to increase in the future, and the development prospects are good.

3. Industry supply and demand market conditions

1. Supply situation

Compared with the world, my country's magnetic resonance imaging system industry has always presented a situation of low industry concentration, small enterprise scale, and low market share of domestic products in the mid-to-high-end market. In recent years, with the improvement of the overall research and development level of domestic medical equipment, the core technology of products has been gradually overcome, and product quality and reputation have risen. Some domestic companies have achieved cornering overtaking through technological innovation. The pattern of import monopoly is changing. The system industry is gradually realizing the goal of running shoulder to shoulder with international brands.

However, at present, the upstream core components and some high-end parts of the MRI system are still mainly supplied by imports. Taking high-purity liquid helium as an example, MR above 1.5T uses a low-temperature superconducting magnet, which needs to be immersed in 1500-2000l of liquid helium to ensure that the magnet is in a stable superconducting state. However, domestic helium resource reserves are relatively scarce and mainly rely on imports. Due to the increasing trend of global liquid helium prices, the purchase price of liquid helium has risen at the same time. As local magnetic resonance imaging system companies expand new liquid helium purchase channels, their bargaining power has been improved. Come purchase price drops.

There is a lot of room for domestic substitution. At present, the domestic medical magnetic resonance in my country is mainly 1.5T. From a global perspective, the market has been monopolized by the three giants Siemens, GE, and Philips for a long time. For the domestic 1.5T market, these three giants account for more than half of the market share, but domestic medical device manufacturers such as United Imaging and Neusoft cannot Underestimated, the growth rate is fast, and the current market sales of United Imaging have surpassed that of Philips. In terms of 3.0T magnetic resonance, the domestic manufacturer United Imaging has also entered the market, competing with imported manufacturers. The future is worth looking forward to.

2. Demand situation

With the rapid development of my country's economy, the aggravation of population aging, and the improvement of people's health awareness, the demand for medical care services continues to increase, and the demand for high-quality magnetic resonance imaging systems in the domestic market is correspondingly growing rapidly. At the same time, since the medical reform in 2012, the relevant state departments have successively issued a series of related policies for the medical industry, aiming at optimizing the level of medical services, encouraging the implementation of hierarchical diagnosis and treatment, and promoting the sinking of medical resources, which has opened up new opportunities for the sales of MRI systems. market space. Driven by the two-wheel drive of market demand and policy dividends, in 2021, the sales volume of magnetic resonance imaging systems in China will reach 1905 units.

 

Source: China's Magnetic Resonance Imaging System Industry Development Status Analysis and Future Investment Research Report (2022-2029)

At present, the penetration rate of magnetic resonance imaging equipment in hospitals in China is still low. With the continuous development of magnetic resonance imaging systems, it has significant advantages in the functional diagnosis of major diseases, bringing about continuous increase in clinical demand. At the same time, with the continuous implementation of national hierarchical diagnosis and treatment, it will break the traditional pattern of large-scale medical institutions dominating the medical imaging diagnosis market, improve the imaging equipment configuration level and diagnosis and treatment capabilities of grassroots medical institutions, and gradually realize the penetration rate of magnetic resonance imaging systems in the grassroots market continuous improvement.

As the demand for magnetic resonance imaging systems in my country continues to grow, the shortage of medical personnel is difficult to alleviate in the short term. Modular, intelligent, and low-cost magnetic resonance imaging systems conform to the national policy of hierarchical diagnosis and treatment, and will become a future development trend.

4. Industry Segment Market Analysis

1、1.5TMR

1.5TMR refers to 1.5T magnetic resonance MR magnetic resonance angiography. t stands for Tesla English abbreviation, which is the strength of the magnetic field. 1.5T is superconducting magnetic resonance. Compared with permanent magnetic magnetic resonance, the scanning speed is fast and the image clarity is high. Functional imaging and spectrum analysis can also be performed. Functional imaging can reflect the normal human body and disease functions. The change.

The NMR plain scan is 1.5T, which means that the field strength of the NMR is 1.5T. The MRI currently used in hospitals mainly has two field strengths, 1.5T and 3.0T.

1.5TMR is currently the most important market segment for magnetic resonance imaging systems, with the largest number of holdings and the largest market share. As of 2021, 1.5TMR will account for more than 60% of the entire magnetic resonance imaging system market size, and the market size will reach 11.864 billion yuan.

 

Data source: China's magnetic resonance imaging system industry development status analysis and future investment research report (2022-2029)

2、3.0TMR

The 3.0T magnetic resonance equipment is a medical scientific research instrument used in the fields of chemistry, biology, psychology, and surveying and mapping science and technology. It was put into use on July 1, 2013.

3.0T MR is the latest generation of magnetic resonance imaging equipment, with a number of industry-leading innovative technologies, based on hollow copper tube gradient water cooling, optical fiber transmission, 128-channel radio frequency platform, intelligent fast moving bed, operating system between magnets and other technologies The extraordinary application and organic integration. Its internal cooling gradient improves the long-term stability of brain functional imaging by 200%, and the drift rate of collected data reaches 0.03%, which will realize more stable and real brain functional imaging. The ultimate fMRI and high-resolution DTI technology, and the unique gradient system enable eDWI to realize 3.0T whole-body diffusion imaging for the first time.

In terms of main functions, 3.0T MR can be used to study brain cognition and structure of various groups of people; cognitive psychology; structure, function and metabolism in brain diseases, etc. Specific research directions include: brain functional imaging fMRI (BOLD, resting state, CBF, CBV); human body structural imaging (3D, DTI MRA); magnetic resonance spectroscopy (in-vivo MRS); material magnetic resonance imaging, such as contrast agent T 1 , T 2 Quantitative measurement.

In addition, in addition to conventional magnetic resonance examinations, 3.0T MR examinations of the cardiovascular system (non-invasive display of coronary arteries and evaluation of cardiac function to diagnose myocardial infarction) have also reached a very high level; general health examinations and tumor screening can also be performed. It only takes about 30 minutes to complete the whole body examination from head to toe without moving the patient; 3.0T magnetic resonance 1.57-meter ultra-short magnet (the old magnet is often more than 2 meters) reduces the patient's sense of claustrophobia and gives the patient comfort The feeling allows patients to complete the entire examination quickly and happily in a quiet environment, thus raising the concept of MRI to a new level, especially suitable for children and elderly patients who cannot tolerate long-term scanning.

From the perspective of the market situation, the current replacement of the global magnetic resonance imaging system is mainly to replace 1.5TMR with 3.0TMR. Based on the advantages of the product, the research and industrialization of 3.0TMR are still developing rapidly, the new performance of the system is constantly improving, and the application field is constantly expanding.

With the continuous increase of clinical and scientific research needs, the advancement of medical technology promotes the development of medical diagnostic technology, and 3.0TMR has become one of the important high-end medical imaging systems. At present, China has become the fastest growing market for 3.0TMR in the world. In 2021, China's 3.0TMR market size will reach 4.932 billion yuan. It is expected that 3.0T MR will become the main growth point of China's MR market in the future, and its proportion will increase to 40.2% in 2030.

 

Data source: China's magnetic resonance imaging system industry development status analysis and future investment research report (2022-2029)

5. Market competition pattern

Compared with developed countries, my country's medical device industry as a whole started late, with a small scale and relatively single products. The magnetic resonance imaging system market is technically complex and difficult. The multinational medical device giants represented by GE Medical, Siemens, and Philips started early , after years of accumulation, strong financial strength, high investment in research and development, and advanced technology, it still occupies a dominant position in the Chinese market for a long time.

Although in recent years, as the country continues to increase investment in the "localization" of medical machinery and equipment, the development of my country's local MRI systems continues to improve, and a large number of companies with greater economic strength and advanced technology have gradually emerged in the market. However, from the perspective of technical strength and product market share, foreign brands still occupy a relatively large advantage. At present, enterprises engaged in the production of magnetic resonance imaging systems in my country include: Shenzhen Anke High-Tech, Aotai Medical System, Shenzhen Best Medical Devices, Suzhou Langrun Medical System, Weifang Xinli Superconducting Magnetoelectric Technology, Shanghai United Film and medical technology, etc., are mostly concentrated in the low-end field.

In terms of market concentration, at present, the market concentration of magnetic resonance imaging systems in my country is relatively high, and the market share of domestic brands continues to increase. The 2021 MRI (magnetic resonance imaging system) public bidding and procurement data for medical recruitment involves 31 provinces, municipalities and autonomous regions, covering hospitals, township health centers, community service centers, local health and health commissions, military forces, public security and justice, disease control centers, and scientific research institutes There are a total of 856 institutions, including schools, involving 16 brand manufacturers. In 2021, the top five companies in my country's magnetic resonance imaging system include GE Medical, Siemens Medical, Philips, United Imaging Medical, and Neusoft.

In addition, in China's 3.0T and above MR equipment market, the main market participants are GE Medical, Siemens Medical, Philips Medical, Canon and United Imaging, of which United Imaging is the only domestic company with a market share that ranks fourth; In China's 1.5T MR equipment market, United Imaging ranks the top two in market share; in China's superconducting MR equipment market, United Imaging ranks first in market share.

 

Note: The statistical data sample is limited, does not represent the overall market distribution, and is for reference only

Data source: China's magnetic resonance imaging system industry development status analysis and future investment research report (2022-2029)

The "China Magnetic Resonance Imaging System Industry Development Status Analysis and Future Investment Research Report (2022-2029)" released by Guanyan Report Network covers the latest industry data, market hotspots, policy planning, competitive intelligence, market prospect forecasts, investment strategies, etc. . It is also supplemented by a large number of intuitive charts to help enterprises in this industry accurately grasp the development trend of the industry, market business trends, and correctly formulate corporate competition strategies and investment strategies. Based on the authoritative data released by the National Bureau of Statistics, the General Administration of Customs and the National Information Center, this report combines the environment of the industry, and conducts market research and analysis from multiple perspectives, from theory to practice, from macro to micro.

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