国产DR厂商竞争力分析

admin

                    

                    

                    
                    
                    <p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><span style="max-width: 100%; line-height: 1.6; box-sizing: border-box !important; word-wrap: break-word !important;">来源：华泰证券　作者：万明亮、代雯</span></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><span style="max-width: 100%; line-height: 1.6; box-sizing: border-box !important; word-wrap: break-word !important;"></span><br style="max-width: 100%; box-sizing: border-box !important; word-wrap: break-word !important;"  /></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);">DR(数字化X光机)主要由X线球管、X线高压发生器、平板探测器、机械部件和图像系统等组成。国内具有一定规模以上的DR生产厂家有40多家，竞争十分激烈。其中大部分厂家采用OEM模式，即购买相关部件进行组装（类似于电脑的组装），他们缺乏技术上的核心竞争力。只有少数DR厂商能够实现核心部件的国产化，这类厂家在市场竞争中将占据优势。</p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><br style="max-width: 100%; box-sizing: border-box !important; word-wrap: break-word !important;"  /></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);">从整机来看，平板探测器是DR最要的部分，决定了产品图像质量。在我国只有万东、上海奕瑞、江苏康众、德润特具有平板设计和生产能力。</p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><br style="max-width: 100%; box-sizing: border-box !important; word-wrap: break-word !important;"  /></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; text-align: center; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><img data-ratio="0.6852941176470588" data-s="300,640" src="http://mmbiz.qpic.cn/mmbiz_jpg/5hqJLZoOMjXLQeOnm7vLfsN9thFRuibA1Dgo4XYsYmaFBnQ80rcE0u8GiagAbhiciaDkuxAlZ7IvaRz1ia7vDsSsiaGA/640?wx_fmt=jpeg" data-type="jpeg" data-w="340" style="box-sizing: border-box !important; word-wrap: break-word !important; width: auto !important; visibility: visible !important;"></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; text-align: center; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><span style="max-width: 100%; line-height: 1.6; box-sizing: border-box !important; word-wrap: break-word !important;"></span></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);">高压发生器是DR的另一个核心部件，其能自动根据成像区衰减状态调整kV、mA等数，使X线管保持最佳负荷状态。国内企业中，只有万东、广西骏龙、德润特具有该设备的自主生产能力。</p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><br style="max-width: 100%; box-sizing: border-box !important; word-wrap: break-word !important;"  /></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; text-align: center; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><img data-ratio="0.5174418604651163" data-s="300,640" src="http://mmbiz.qpic.cn/mmbiz_jpg/5hqJLZoOMjXLQeOnm7vLfsN9thFRuibA1c2yjobXOufDhpp7nVS9kIRynorhrJZbLQWiaypxeEkl4iaIgaTITSUOw/640?wx_fmt=jpeg" data-type="jpeg" data-w="344" style="box-sizing: border-box !important; word-wrap: break-word !important; width: auto !important; visibility: visible !important;"></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><br style="max-width: 100%; box-sizing: border-box !important; word-wrap: break-word !important;"  /></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);">X线球管是DR第三个核心部件。在国内只有万东和杭州凯龙具有球管的生产能力。</p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><br style="max-width: 100%; box-sizing: border-box !important; word-wrap: break-word !important;"  /></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; text-align: center; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><img data-ratio="0.49291784702549574" data-s="300,640" src="http://mmbiz.qpic.cn/mmbiz_jpg/5hqJLZoOMjXLQeOnm7vLfsN9thFRuibA1cmSwMPP9MJUibeAdxiakSlq5xrfGIKDkswhzRiayPcVicR4fIFgbk3CtLg/640?wx_fmt=jpeg" data-type="jpeg" data-w="353" style="box-sizing: border-box !important; word-wrap: break-word !important; width: auto !important; visibility: visible !important;"></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><br style="max-width: 100%; box-sizing: border-box !important; word-wrap: break-word !important;"  /></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);">综上，万东是国内DR制造商中唯一具有全核心部件自主研发能力的企业，从而保证了其产品成本低、质量稳定、售后服务好，在国家支持优秀国产医疗设备大背景下，有望通过实现进口替代而快速成长。</p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><br style="max-width: 100%; box-sizing: border-box !important; word-wrap: break-word !important;"  /></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; text-align: center; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><img data-ratio="0.9536231884057971" data-s="300,640" src="http://mmbiz.qpic.cn/mmbiz_jpg/5hqJLZoOMjXLQeOnm7vLfsN9thFRuibA1a0MtbgK1gatfLnprsM9RtakfdBluhq5XtGYeV8udWdHTrd2nWicCmlg/640?wx_fmt=jpeg" data-type="jpeg" data-w="345" style="box-sizing: border-box !important; word-wrap: break-word !important; width: auto !important; visibility: visible !important;"></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><br style="max-width: 100%; box-sizing: border-box !important; word-wrap: break-word !important;"  /></p><p style="max-width: 100%; min-height: 1em; color: rgb(62, 62, 62); font-size: 16px; line-height: 25.6px; white-space: normal; box-sizing: border-box !important; word-wrap: break-word !important; background-color: rgb(255, 255, 255);"><span style="max-width: 100%; color: rgb(136, 136, 136); box-sizing: border-box !important; word-wrap: break-word !important;">本文内容摘录自华泰证券研究报告《医疗器械龙头投资价值显现》</span></p><section class="pEditor " style="line-height: 25.6px; white-space: normal;"><section data-css="background-color: rgb(239, 239, 239);border-radius: 5px;border: 1px solid rgb(153, 153, 152);margin: 0px;padding: 5px" style="padding: 5px; border-radius: 5px; border: 1px solid rgb(131, 147, 209); text-align: center; background-color: rgb(239, 239, 239);"><section data-css="color: inherit;display: inline-block;margin: 1px" style="margin: 1px; color: inherit; display: inline-block;"><span style="padding: 2px 10px; border-color: rgb(204, 204, 204); border-radius: 2px; color: rgb(1, 1, 3); font-weight: bold; font-size: 18px; background-color: rgb(109, 205, 25);">推荐阅读</span></section><section data-css="color: inherit;margin: 0px;padding: 10px" style="padding: 10px; color: inherit;"><p style="line-height: 1.75em; text-align: left;"></p><ol class=" list-paddingleft-2" style="list-style-type: lower-alpha;"><li><p style="line-height: 1.75em; text-align: left;">20万的平板你敢要么？<br  /></p></li><li><p style="line-height: 1.75em; text-align: left;">浅谈国产DR品牌TOP10<br  /></p></li><li><p style="line-height: 1.75em; text-align: left;">50台DR，单价20.5万，是谁刷新了DR市场最低价？</p></li><li><p style="line-height: 1.75em; text-align: left;">不同厂家采用DR平板的情况总结<br  /></p></li><li><p style="line-height: 1.75em; text-align: left;">DR系统设备的选购原则<br  /></p></li><li><p style="line-height: 1.75em; text-align: left;">小知识--DR系统设备评价依据<br  /></p></li></ol></section></section></section><section class="pEditor " style="line-height: 25.6px; white-space: normal;"><section style="border: 0px; max-width: 100%; font-size: 16.3636px; text-align: center; word-wrap: break-word !important; box-sizing: border-box !important;"><section style="max-width: 100%; display: inline-block; word-wrap: break-word !important; box-sizing: border-box !important;"><section style="max-width: 100%; display: inline-block; word-wrap: break-word !important; box-sizing: border-box !important;"><p style="max-width: 100%; word-wrap: normal; min-height: 1em; box-sizing: border-box !important;"><strong style="max-width: 100%; text-transform: uppercase; box-sizing: border-box !important; word-wrap: break-word !important;"><br  /></strong></p><p style="max-width: 100%; word-wrap: normal; min-height: 1em; box-sizing: border-box !important;"><strong style="max-width: 100%; text-transform: uppercase; box-sizing: border-box !important; word-wrap: break-word !important;">·END·</strong><br style="max-width: 100%; word-wrap: break-word !important; box-sizing: border-box !important;"  /></p><p style="max-width: 100%; word-wrap: normal; min-height: 1em; box-sizing: border-box !important;"><strong style="max-width: 100%; text-transform: uppercase; box-sizing: border-box !important; word-wrap: break-word !important;"><br  /></strong></p></section><section class="gulangutitle" style="margin: 0em 0.5em 0.1em; max-width: 100%; color: rgb(16, 146, 113); font-size: 1.8em; line-height: 1; font-weight: inherit; word-wrap: break-word !important; box-sizing: border-box !important;"><p><span style="font-size: 20px;"><strong class="pBrush" style="padding-right: 50px; padding-bottom: 3px; padding-left: 50px; border-bottom-style: solid; border-bottom-width: 1px; border-color: rgb(2, 2, 2); display: block; line-height: 28px; max-width: 100%; box-sizing: border-box !important; word-wrap: break-word !important;"></strong></span></p></section><section class="pbrush" style="margin: 0.5em 1em; max-width: 100%; font-size: 1em; line-height: 1; font-weight: inherit; text-align: inherit; text-decoration: inherit; color: rgb(120, 124, 129); word-wrap: break-word !important; box-sizing: border-box !important;"><p><span style="font-size: 14px;"><strong><span class="pBrush" style="max-width: 100%; color: rgb(131, 104, 28); font-family: Avenir, sans-serif; line-height: 28px; box-sizing: border-box !important; word-wrap: break-word !important;"><span style="max-width: 100%;">ID:&nbsp;</span><span style="max-width: 100%;"></span></span></strong><strong><span class="pBrush" style="max-width: 100%; color: rgb(131, 104, 28); font-family: Avenir, sans-serif; line-height: 28px; box-sizing: border-box !important; word-wrap: break-word !important;"></span></strong></span></p><p><span style="font-size: 14px;"><strong><span class="pBrush" style="max-width: 100%; color: rgb(131, 104, 28); font-family: Avenir, sans-serif; line-height: 28px; box-sizing: border-box !important; word-wrap: break-word !important;">大家都在关注的医疗器械维修新媒体平台</span></strong></span></p><p><strong style="color: rgb(131, 104, 28); font-family: Avenir, sans-serif; font-size: 16px; line-height: 28px;"><span style="color: rgb(127, 127, 127); font-size: 12px;"><img data-s="300,640" data-type="jpeg" src="http://mmbiz.qpic.cn/mmbiz/A1DicCH9Vl6MoypciaNOibiaxmVLk8eA6ibKL14uWjKsZwrWboQYKTfXqPicXycwL1icfia1pAG0VzlTX3MRR4FPV0ZtZA/0?wx_fmt=jpeg" data-ratio="1.0136054421768708" data-w="147" class="" style="float: none;"  /></span></strong></p></section></section></section></section>