Congratulations that most of our home customers win the bid of centralized procurement of orthopaedic spinal consumables！

For the third batch of national consumables centralized procurement of orthopaedic spinal consumables, the bid meeting’s results was opened on September 27^th. There are 171 companies participated in and 152 companies win the bid, which is include not only well-known multinational companies such as Medtronic and Johnson & Johnson, but also domestic companies such as Weigao Orthopedics, Dabo Medical, and Sanyou Medical.

And most of our home customers win the bid, and they purchase medical implants Titanium bars and sheets from XINNUO company for many years.

The collection covers 5 types of cervical spine fixation and fusion, thoracolumbar spine fixation and fusion, vertebroplasty, endoscopic nucleus pulposus extraction, and artificial intervertebral disc replacement. Orthopedic spine consumables, forming 14 product system categories. In the first year, the intended purchase volume total 1.09 million sets, accounting for 90% of the total demand of medical institutions in the country, involving a market size of about 31 billion yuan. The average price of this centralized procurement is reduced by 84%. Based on the agreed procurement volume, it is estimated that the annual cost savings will be 26 billion yuan.

So far, national and local centralized procurement has covered three categories of orthopaedic consumables: joints, trauma, and spine. According to the National Medical Insurance Bureau, in the next step, the National Medical Insurance Bureau will work with relevant departments to guide localities and selected enterprises to implement the results of the selection, and ensure that patients across the country can use the selected products after the price reduction in February 2023.