According to the CITIC Construction Investment Research Report, Q3 revenue from the medical device sector continued to grow, quarterly profits achieved positive growth for two consecutive quarters, and the performance of many leading companies exceeded expectations, and performance growth is expected to accelerate in '27. Among them, the high-value consumables sector was under pressure due to collection policies and demand, and the growth rate of companies within the sector was divided; the medical equipment sector continued to improve, revenue growth increased year-on-year compared to the first half of the year, and profit side resumed positive growth; the IVD sector achieved positive revenue growth for two consecutive quarters, and policies such as inspection and project guidelines were gradually implemented, and the domestic market is expected to usher in an inflection point. Healthcare services continued to grow positively in Q3 revenue, and profitability recovered.

According to the CITIC Construction Investment Research Report, Q3 revenue from the medical device sector continued to grow, quarterly profits achieved positive growth for two consecutive quarters, and the performance of many leading companies exceeded expectations, and performance growth is expected to accelerate in '27. Among them, the high-value consumables sector was under pressure due to collection policies and demand, and the growth rate of companies within the sector was divided; the medical equipment sector continued to improve, revenue growth increased year-on-year compared to the first half of the year, and profit side resumed positive growth; the IVD sector achieved positive revenue growth for two consecutive quarters, and policies such as inspection and project guidelines were gradually implemented, and the domestic market is expected to usher in an inflection point. Healthcare services continued to grow positively in Q3 revenue, and profitability recovered.