Sinolink Securities' Outlook on Medical Devices and Medical Services in 2026: Industry Continues to Recover, Long-term Development Opportunities Emerge

The medical equipment and medical services outlook report released by CITIC Securities Investment in 2026 indicates that with the relaxation of medical equipment related policies, the clearance of centralized procurement, the expansion of new products and new business, and the overseas layout, it is expected that many leading medical device companies will reach a turning point in performance in 2026. It is recommended to seize the investment opportunity of performance valuation repair, as well as investment opportunities in medical new technologies such as brain-computer interface and AI medicine. Recently, some large market value leading companies have experienced corrections without fundamental changes, and after valuation adjustments, they will encounter long-term investment opportunities. It is recommended to continue monitoring the recovery trend of industry prosperity, the volume of new products, and the progress of overseas business. The long-term investment opportunities in the medical equipment sector come from innovation, going global, and merger integration, as the sector's innovation and internationalization capabilities are gradually being recognized and revalued. In the medical service industry, short-term consumer and multiple policy impacts are felt, with consumer medical growth outperforming serious medical care; in the long run, leading companies with strong management and operational capabilities still have significant growth potential.