pacific hospital supply co., ltd. - pahsco2).pdf · global market for medical devices and...
Post on 28-May-2020
10 Views
Preview:
TRANSCRIPT
-
Pacific Hospital Supply Co., Ltd.Pacific Hospital Supply Co., Ltd.
CompanyCompany ReportReportPresented by Jacky LeePresented by Jacky Lee
Your Health, Our Mission
-
2
Our Milestone
1977 PAHSCO formed with a stock Capital $1Million 1980 Started the production & trading of central medical gas equipments
2001 Tong Lo Factories receives ISO134852002 Tong Lo (F1) receives GMP Certification2004 PAHSCO becomes a public listed company in the stock market2005 Tong Lo (F3) formed to expand the production of sterilize medical product
2006 The automatic warehousing system was officially implemented in August
Tong Lo (F2) constructed & expanded the production of gas piping products 1987
2009Expanded 11,997m2 of production capacity
2008
New factory (F4) constructed on 15th January
2008
2010
Obtain 7,085 m2 of land
Issued its second series of secured domestic convertible bonds
-
3
Factory
Miaoli
Taiwan
-
4
Certificate
-
5
Introduction to the Medical Product Industry and Future
Global Market for Medical Devices and Equipments –Steady growth year by year
Source: Espicom Business Intelligence(2011); IEK(2011/04)
Percentage of Global Market (2010)Prediction of Global Market
Growth rate maintained between 5%-6% in recent years.
Unit
:Million (U
SD
)
-
6
Introduction to the Medical Product Industry and Future
Prediction of Global Medical Product Market
Source: Espicom Business Intelligence(2011); IEK(2011/04))
Estimated percentage by categoryEstimated percentage of Global Market by country
-
7
Medical Device and Equipment Industry in Mainland China
Market Proportion Analysis
Unit
:Million (U
SD
)
China market has maintained 10% of the growth rate in recent years.Resource: IEK(2011/04)
6,695 7,446
8,590 9,748
11,013
0%
5%
10%
15%
20%
0
2,000
4,000
6,000
8,000
10,000
12,000
2009 2010 2011E 2012F 2013F
市場規模 Market Proportion 年均成長率 Avg. Annual Growth Rate
-
8
Main Geographic Areas of Global Medical Device Market
-
9
Overall Index of Geographic Areas
Developed Countrieswith Subcontract Manufacturing Focus
Countries with Self-Branding Focus
US Japan Germany China Taiwan
Overall Index
Population (Million) 310 127 81.6 1350 23
Age(0~14:15~64:65up) 20 : 67 : 13 13 : 65 : 22 14 : 66 : 20 17.6:73.6:8.9 16 : 73 : 11
Birth Rate:Death Rate 14 : 8 9 : 9 8 : 10 12 : 7 9 : 7
Fertility Rate 2.1 1.4 1.4 1.8 0.94
GDP (Million USD) 14,582,400 5,497,812 3,309,669 5,878,629 430,096
GDP per Capita(USD) 47,084 43,161 40,542 4,393 17,660
Economic Growth Rate 2.90% 5.10% 3.60% 10.3% 4.21%
Medical Industry Index
Health Expenditure per Capita(USD) 7,410 3,321 4,629 169 1,260
Health Expenditure / GDP(%) 16.20% 8.30% 11.30% 4.6% 6.00%
Change of Health Expenditure per Capita
3~4%Steady Growth
Rate
Adjusting(Negative growth
approx. in every 5 years)
Positive growth(Growth Rate not
steady)
15% and aboveHigh-speed Growth Rate
2~3% Growth Rate
Hospital Beds per 1000 persons (unit) 3.10 13.80 8.20 2.45 6.78 Source: World Bank, Espicom, IEK
-
10
Population Structure of Geographic Areas Low birth rate in Taiwan, hence the
Population Structure is aging.Population of age above 65
CountryPercentage of population above age 65 Period of time expected
7% 10% 14% 20% 30% 7%→14% 10%→20% 20%→30%
Taiwan 1993 2005 2017 2025 2040 24 20 15
Singapore 2000 2010 2016 2023 2034 16 13 11
South Korea 2000 2007 2017 2026 2040 17 19 14
Japan 1970 1985 1994 2005 2024 24 20 19
China 2001 2010 2026 2036 - 25 20 -
United States 1942 1972 2015 2034 - 73 62 -
Germany 1932 1952 1972 2009 2036 40 57 27
UK 1929 1946 1975 2026 - 46 80 -
Italy 1927 1966 1988 2007 2036 61 41 29
Switzerland 1887 1948 1972 2015 - 85 67 -
France 1864 1943 1979 2020 - 115 77 -
Source:1. Council for Economic Planning and Development
2.United Nations, World Population Prospects:The 2006 Revision.
-
11
Major Exporting Countries and Percentage of Product Categories
-
12
Disposable Medical Devices
Close Suction System (CSS)Sales Revenue:332 Million% of Product TR: 27% (1st)
Suction Catheter Sales Revenue:176 Million% of Product TR: 14% (3rd)
RespiratorySales Revenue:24 Million% of Product TR: 2%
Bags Sales Revenue:176 Million% of Product TR: 14% (2nd)
-
Medical Device Market Revenue
13Source: Frost & Sullivan
-
14
Respiratory Disposable Market Size –Facts And Figures in China
Inpatients % of Respiratory System Diseases
City Hospital
County-level
HospitalAverage
2009 12.23% 16.46% 14.35%
2010 12.41% 16.43% 14.42%
-
15
50%
13%
38%
Sale Revenue in China
-
Information about the Leading Firms
16
Revenue in Respiratory
Devices(% of TR)
400M** (2%)
752M(6%)
699M(56%)
176M**(5%)
Kimberly Clark Covidien Resmed CareFusion
Headquarter Texas Dublin SD,CA SD,CAStock Exchange NYSE, BMV NYSE NYSE, ASX NYSE
Stock Price(Jun. 29) 83.77 53.50 31.20 25.68
Market Cap 32.85B 26.16B 4.42B 5.70B
EPS(ttm) 4.31 3.82 1.49 1.65Sales Revenue
(million) 20,846 11,574 1,243 3,528
Profit Margin 29.5% 56.83% 59.61% 51.16%Net Profit Margin 7.63% 16.14% 23.90% 6.91%
Source: Yahoo Finance, FR of the companies, *Global Data **estimated
-
Mask and Tubings for NIV
Related Products for Invasive Ventilation
For Delivering Humidified or Warn Gas
Mask &
Tubing
Anesthetic
Oxygen Therapy
Aerosol Therapy
Sleep Therapy
Emergency Care
Airw
ay
Laryngeal Mask
Closed Suction Set
ET tube
Tracheostomy tube
Guedel Airway
Laryngoscope
Filter/ Hum
idifer
Filter
Artificial Nose
Nebulizer
Active and Passive humidifier
-
FMS Market Potential
18
FMS Leading Firms:− ConvaTec − Secco− Bard− B Braun
ConvaTec, 80%
*Estimated Amount
Continence &Critical Care(FMS) 15%, Sale Revenue: 242 millon
Total Market Revenue: Over 300 million*
-
Information about the Leading Firms
19
ConvaTec Bard B Braun Secco
HeadquarterNew Jersey New Jersey Melsungen
Stock Exchange Private NYSE Private PrivateStock Price
(Jun. 29) 83.77 107.44 N/A N/A
Market Cap N/A 9.05B N/A N/A
EPS(ttm) N/A 6.40 N/A N/A
Sales Revenue(million) 1,599 2,896 7,239 N/A
Profit Margin 52.68% 62.12% N/A N/ANet Profit Margin -17.85% 11.32% 5.5% N/A
Source: Yahoo Finance, FR of the companies, **estimated
-
PAHSCO Faecal Management System
21
-
22
Thanks for your attention&
patience!
top related