Health & Beauty

Another product that was raised due to the epidemic has exploded!That is the oxygen generator.

01

Out of control in India

National Urgent Purchase of Oxygen Generator

The outbreak in India has recently shown an out-of-control tension, which has aroused global attention. The number of new cases in a single day exceeded 300,000 for several days, and the Indian medical system was on the verge of collapse.

The epidemic data released by the Ministry of Health of India on the 6th showed that the number of new confirmed cases of new crown and the number of new deaths in the country broke the previous record again, and the epidemic continued to worsen. Data show that the country has 412,262 new confirmed cases, with a total of 21,077,410 confirmed cases; 3,980 new deaths, with a total of 230,168 deaths. The number of newly confirmed cases in a single day in India exceeded 400,000 for the first time on May 1; as of the 6th, this number has exceeded 300,000 for 15 consecutive days.

(Data source: Baidu data)

As the epidemic continues to worsen, medical resources in many parts of India are in desperate need, and epidemic prevention and control measures have been tightened. New Delhi has implemented a city blockade since April 19, but residents' basic living services will not be affected. Kejriwal announced on April 25 that the "closure of the city" measures were extended for one week to 5 o'clock on May 3rd.

According to Indian media reports, 12 new crown patients died on May 1 at the Batra Hospital in New Delhi due to oxygen shortages. This is the third hypoxic death of a new crown patient in New Delhi in less than 10 days.

Due to the serious situation, the Chief Minister of New Delhi, the Indian capital, Kejriwal, announced on May 1 that the lockdown period will continue to be extended to 5 o'clock on the 10th. This is the second time that New Delhi has extended the "closure" measures.

From the Google trend of the last 30 days, it can be found that since mid-April, the search volume of "oxygen concentrator" in India has continued to soar, and the search volume of portable oxygen concentrator has increased by 60%.

The epidemic situation in India has continued to worsen, with serious shortages of medical resources, and the price of oxygen on the black market in India has increased more than 10 times. As a result, India had to seek out.

Foreign Ministry spokesperson Wang Wenbin introduced at a regular press conference on April 30 that according to incomplete statistics, China has exported more than 26,000 ventilators and oxygen generators to India since April, as well as relevant Chinese anti-epidemic supplies. And medical equipment companies are working hard and working overtime to speed up production.

But despite this, the oxygen concentrator is still in short supply, and many people are urgently looking for it.

02

Working overtime to produce oxygen generators

The company has suspended receiving orders

On the evening of April 29, Beijing time, Chinese Ambassador to India Sun Weidong tweeted to introduce the specific situation of China's provision of anti-epidemic materials to India.

He said, "According to the statistics of the General Administration of Customs of China, since April this year, China has provided India with more than 5,000 ventilators, 21,569 oxygen generators, more than 21.48 million masks, and approximately 3,800 tons of medicines."

On May 1, Ambassador Sun Weidong tweeted that in the past two weeks, there have been 61 cargo flights from China to India, transporting all kinds of urgently needed medical supplies to India; on the morning of the 1st, a cargo flight It just took off from Tianjin to support India with oxygen concentrators and other materials.

In order to solve this urgent need, many medical companies worked overtime to produce oxygen generators during the May Day holiday.

(Yuyue Medical, located in Danyang, Jiangsu, has recently received a large number of orders for oxygen concentrators from India. Workers have worked overtime to complete them. Screenshot of CGTN video report)

In various social circles, people can see people purchasing oxygen machines and urgently looking for manufacturers to make oxygen machines; some companies said that their company's oxygen machines have already been ordered and will not accept new orders for the time being.

03

Prominence of oxygen generator

How long can the heat last?

"Before the epidemic, the oxygen generators had overcapacity in the country, and they were in a state of price war. Because of the epidemic, especially the recent epidemic in India, overseas orders have begun to increase." said a medical equipment distributor.

According to data from Qixinbao, there are currently 3,993 companies related to oxygen generators in my country. The top three provinces and cities in terms of the number of manufacturers are Tibet, Beijing and Guangdong, followed by Jiangsu and Shandong with more companies. In 2020, 339 companies related to oxygen generators will be added, and 36 more will be added this year.

Will the overseas demand for oxygen concentrators bring a wave of sales dividends to domestic manufacturers like last year's ventilator market, and is this wave of demand sustainable? What is the potential market for oxygen generators?

In 2020, the total domestic production of oxygen generators will be around 220,000, of which Beijing Beichen and Jiangsu Yuyue's domestic and export totals are almost 70,000. In the past few years, household oxygen generators have gradually emerged in the domestic market. There are brands such as Xinsong, Turtle, Yuyue, Longfei, Yiyangyuan, Aoji, Oxide, Gaoxin Huakang, and Haiyangzhijia. The price is between 3000-4000 yuan.

The oxygen generator market will continue to grow

At present, the domestic epidemic situation is stable, and the demand for oxygen generators depends on changes in the foreign epidemic situation. "Now, in addition to India, the demand in the United States and Europe is also relatively large." said a medical device distributor.

The State Food and Drug Administration has issued a reminder to remind consumers: Oxygen concentrators belong to the second category of medical equipment. In addition to medical institutions, small oxygen concentrators can also be used for home-assisted treatment of hypoxia in environmental and pathological conditions. Such as high altitude hypoxia, severe respiratory diseases and cardiovascular and cerebrovascular diseases.

The report of Zhiyan Consulting believes that driven by multiple factors such as GDP growth, higher social consumption levels, accelerated population aging, urbanization, and upgrading of consumption structure, the demand for my country's oxygen concentrator industry will maintain a growth trend.

Whether the demand for unregulated oxygen machines can continue to grow, but the development of the medical device industry is in a very good era, how to discover demand, maintain rapid growth, and seek development opportunities is what people should think about.

04

Chaos in india

Negative impact on foreign trade

Although India's current medical market is very large due to the outbreak of the epidemic, there are also many problems that need attention.

1. Ports and logistics have come to shut down

The epidemic is raging in India, and it will undoubtedly have a serious impact on foreign trade and forwarders engaged in Sino-Indian trade-there has been news of a shutdown in the port and logistics industry!

Kandla Port, the nearest container port to New Delhi, announced that due to the sudden increase in COVID-19 cases, in order to prevent the virus infection chain, all terminal operators in Kandla Port have unilaterally decided to close the terminal operations on the weekend starting from April 24. Until further notice!

This is the first port to announce partial closure of terminal operations. In view of the nearly out of control epidemic, other Indian ports are likely to be forced to stop by the epidemic one after another.

The suspension and blockade have seriously affected the survivability of Indian companies, the exchange rate of the rupee against the US dollar has fallen sharply, transportation has been blocked, and the abandonment of goods has emerged one after another... I would like to remind you that recently there are foreign trade companies exporting to India or freight forwarding companies that collect goods in the Indian market. Always pay attention to the safety of goods and freight!

2. The owner of the cargo is dead and no one receives the cargo

Some sellers sent the goods and found that no one received the goods at all, and the customers were either "lost" or in the hospital.

In the face of this situation, the freight forwarder has repeatedly reminded: "Be cautious when picking up Indian cargo. The consignee is dead, and there will be great sequelae after abandoning the cargo."

And many freight forwarding groups also issued notices: The epidemic in India is very serious, and the abandonment rate has greatly increased! Please confirm whether the CNEE (consignee) is alive before shipment.

Although India’s ports and terminals are paralyzed, and domestic flights to India have been suspended one after another, many freight forwarders are still collecting large quantities of goods, using special lines or charter flights, because there are indeed large quantities of demand orders shipped to India.

3. The trading environment is chaotic and the loan defaults maliciously

After India purchased a large number of ventilators and other equipment in China when the epidemic was severe last year, after the epidemic eased, a large number of payment defaults were made on the grounds that the quality of Chinese ventilators was poor. So far, many Chinese manufacturers have been owed large amounts of payment. . If it weren't for the fact that ventilators are in short supply and the market is booming, it is likely that some companies will be dragged down by these people.

However, after the epidemic became serious, they began to place orders in China. Now domestic manufacturers are already carefully considering whether to supply India, so everyone should carefully consider cooperation.