Under the cold winter, medical care is still warm: popular segments are more favored by capital.

Beginning in the second half of 2015, China has ushered in a new round of cyclical “capital winter”. The overall environment for innovation and entrepreneurship has suddenly cooled down, and the media have begun to focus on reporting “insolvency” and “reductions” of innovative companies in the cold winter. As a hot spot in the early stage of the digital medical field, it is even harder to get rid of it - the news of Dr. Chun Yu's failure, the good doctor and the large-scale layoffs of seeking medical advice and medicine are often seen in newspapers. However, as a typical industry representative of the counter-cyclical period, the medical field has always been a safe-haven industry under the cold winter. Is the fact as bad as the media reported?

FellowData, a database of FellowPlus, is a joint fund to deepen the digital medical field (in a broader sense, Internet medical care, including statistics on health care, specialist services, medical treatment, medical information , medical health hardware, medical integrated services, Venture capital big data in the fields of medical e-commerce, biotechnology, doctor services and other medical services, presenting the most comprehensive and real status of investment and financing in the digital medical industry .

Venture capital macro-finance is still growing at a high speed, and medical care is a key investment area.

At a macro level, digital health care is not so cold. We believe that two medium- and long-term macro factors promote the continuous growth of venture capital in macro-finance: the proportion of equity investment in domestic social asset allocation is gradually increasing; innovation and entrepreneurship is one of the top-level design of the core reform of the current government to promote economic transformation and upgrading. tilt.

According to incomplete statistics, the newly raised medical-related funds that have been publicly released since the second half of 2015 (after the July 2015 stock market crash) have raised more than 10 billion yuan.

The growth rate of private equity funds far exceeds that of public funds. It is expected to exceed the scale of public offerings at the end of the year: private equity funds will grow by 6.7% month-on-month and 90% year-on-year, far exceeding the 3.5% growth rate of public funds and 32% year-on-year growth. The scale of private equity funds reached 8.6 trillion yuan, close to 8.8 trillion yuan of public funds;

The primary market private equity fund has become a private equity entity: unlike the secondary market fund, the primary market funds directly invest in unlisted enterprises are the main force supporting innovation and entrepreneurship. At present, equity-based private placement (PE) and venture capital private placement (VC) have paid over 3.9 trillion yuan, accounting for nearly 60% of the total private equity fund's actual payment, exceeding the private equity scale of traditional secondary market securities.

The medical field has always been a capital- and technology-intensive industry. The country's target of 8 trillion yuan in output value in 2020 (a compound annual growth rate of nearly 15%) has attracted many different types of funds. According to incomplete statistics, the newly-raised medical-related funds that have been publicly released since the second half of 2015 (after the July 2015 stock market crash) involve government, professional investment institutions, listed companies, start-ups and other entities, and are planning to raise more than 100 funds. Billion scale. The typical representative has 140 billion large-scale national emerging industry venture capital guiding funds (seventh-class strategic emerging industries in September 2016, supporting medical and medical technology ), and plans to invest 5 billion yuan in Puhua Capital-Jingxingu Week Health Industry Fund, 1 billion yuan of venture capital-II period medical fund, 100 million US dollars Lepu - Minhe Global Precision Medical Innovation Investment Fund, 100 million US dollars Vivo PANDA Fund Healthcare Industry Venture Capital Fund, etc. .

Under the cold winter, medical care is still warm: popular segments are more favored by capital.

Under the cold winter of capital, medical care is still "warm." So where does the cold felt by entrepreneurs come from?

   The entrepreneurial boom began to get cold, and the star company "Matthew effect" was obvious.

Internet medical care has grown rapidly in China since 2011. Its landmark event was the establishment of the pure mobile medical consultation program in July 2011, Dr. Chun Yu. The innovation in this field comes from the development of mobile Internet technology since 2009 and the penetration of the medical field. Under the stimulation of the Internet + investment theme, it continues to attract entrepreneurs to participate.

We tracked the number of new digital medical projects in the calendar year 2011-2016 (above), starting from 156 in 2011, peaking in 2014 and 2015, and the number of new projects in the year reached 543 and 481. Over time, thousands of innovative projects represented by Internet + medical care are everywhere. However, by 2016, the number of new projects has become unsustainable and has fallen sharply. In the first three quarters, only 186 were counted. In Q3, there was only a single digit in a single quarter, indicating a wave of innovation in the digital medical field.

Under the cold winter, medical care is still warm: popular segments are more favored by capital.

Statistics on the financing side also support the conclusions of the above climax (above). In 2011 and 2012, only 20 projects were publicly financed in an average year, and the total amount of financing was only over 1 billion. In 2013-2015, the investment turmoil was ushered in. The number of financing projects and the total amount of financing reached a high growth rate of over 100% at an annual rate, reaching a peak in 2015. The number of financing projects reached 349 and the total financing amount was 28.3 billion yuan. Interestingly, although the financing incident has fallen sharply, the total amount of financing has increased slightly, suggesting that the industry has begun to “sand the sand”. As can be seen from the data, the data for the first three quarters of 2016 showed a trend of differentiation: the number of financing events was 198 (estimated 264, down 24%), and the total financing was 23.8 billion yuan (estimated at 31.7 billion yuan for the whole year) , increased by 12%).

The number of new and new financing for digital healthcare projects is gradually declining, indicating that innovators and capital are increasingly cautious in this area. The small increase in the total amount of financing showed the same direction as the above macro-funding. Further combined with the above-mentioned downward trend in quantity, it shows the direction of capital investment in digital medical projects.

Under the cold winter, medical care is still warm: popular segments are more favored by capital.

Double Dome Halogen Operating Lamp

Double Dome Halogen Operating Lamp very matured in our products series, maintainance rate is very low;the surgical lamp has perfect cold light effect; this type ot lamp has excellent lighting depth can be 1200mm;it also has excellent color temperature control;The Halogen operation lamp adopt streamline lamp body design; halogenoperating lamp with reflector system designed in CAD; color temperature close to that of sunlight; making the tissue surface visible under natural color; depth of tubular light beams up to over 1200mm; uniform illumination effectively eliminating shadows under any circumstance

operating lamp

Double Dome Halogen Operating Lamp,Double Dome Ceiling Operating Light,Double Dome Operating Room Lamp,Double Dome Surgical Room Lamp

Shandong Lewin Medical Equipment Co., Ltd. , https://www.lewinmed.com