In 2011, China's per capita health care expenditure was 248 US dollars, accounting for only 4.8% of GDP, far lower than the United States (16% of GDP). At present, China's elderly population (over 60 years old) is about 168 million, of which 48% of the elderly live on their own. And 83 million people with disabilities are also not well cared for.
The Chinese government promulgated and implemented two policy documents in 2002 and 2009, respectively. These measures have injected momentum into the medical and nursing markets. Products and services in the medical and nursing market are mainly provided by many local small manufacturers. However, local suppliers are unable to meet this demand in terms of quality and quantity. This potential market presents business opportunities for overseas suppliers (especially high-end product suppliers).
The slowdown in population growth in China is accompanied by an increase in the aging population, which has led to this group of people needing a series of equipment, products and services in order to improve their quality of life. Most diseases are related to stroke and hypertension. Traditional cardiology-related medical equipment is still the main product in the portable / home healthcare market.
Since medical services are limited in most rural areas, the rapid development of remote medical equipment and services has been promoted. In some developed countries, on-site interactive consoles and mobile health desktops have been used in telemedicine network systems. Similar systems and connected equipment will also be used in the Chinese health care system.
In addition to the requirements of small size and low power consumption, new portable medical equipment should also be hard, reliable, and able to communicate with various wireless or wired devices through cables, local area networks, Bluetooth, ZigBee, PLC, ADSL. The smallest device can be a module and can be embedded in existing portable devices, such as mobile phones and tablets. In addition to technology, product prices are also a challenge for manufacturers.
In this regard, the EPCOS product portfolio that can be used in this area includes the smallest pressure sensors, various miniature surface acoustic wave components, and chip-type multi-layer varistors whose functions include sensing, wireless transmission, and interface protection. These EPCOS products are advanced in technology, reliable in performance and comply with international quality standards.
EPCOS pressure sensors use MEMS technology with a chip size of only 1mm x 1mm. This is enough for customers to implant it into mobile or portable devices. We are also a major global supplier of surface acoustic wave components. These products are widely used in various wireless communication equipment. Some automotive grade products can be used in harsh working environments such as humidity and vibration. Our SMD multi-layer varistors are widely used for input or output interface protection of portable devices. Regardless of performance or price, the product is well received in the market.
We predict that the combination of portable medical devices and mobile networks will appear soon. Not all portable medical devices can be integrated with mobile devices, but some customers are developing related products.
In addition to general components (such as film capacitors, inductors, varistors, and gas discharge tubes, etc.), we also provide various types of surface acoustic wave components, small MEMS pressure sensors, and chip multi-layer varistors for various wireless communication products .
Our customers of portable medical equipment produce various products, such as: ventilators, defibrillators, patient monitors, ultrasound and blood glucose meters. EPCOS, a member of the TDK Group, has many factories in China. Compared with other industries, the demand for passive electronic components in the medical field is relatively small, and we can ensure stable and smooth supply.
Reliability and innovation are the key requirements of the medical market. However, China's medical market is still in its early stages-advanced core technologies still rely on imports. We see this phenomenon changing. Moreover, we have collaborated with domestic and international customers to carry out localized product design.
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