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Research Paper | Business Administration | Volume 15 Issue 4, April 2026 | Pages: 1046 - 1052 | China
Financing Difficulties and Coping Strategies of Medical Device SMEs under the Background of New Healthcare Reform
Abstract: This study examines the financing challenges faced by small and medium-sized enterprises (SMEs) in China?s medical device industry under the ongoing healthcare reform. It aims to analyze how policy changes such as centralized procurement and DRG or DIP payment systems influence enterprise financing conditions. Using policy analysis and industry-based qualitative assessment, the study identifies key constraints including reduced internal financing capacity, limited external financing channels, and structural mismatches between financing supply and demand. The findings indicate that policy-induced profit compression and increased compliance costs significantly weaken financial resilience, while traditional financial systems inadequately support asset-light and innovation-driven firms. The study proposes multi-level strategies involving enterprises, financial institutions, and government to improve financing accessibility and efficiency. These findings contribute to policy optimization and support the sustainable development of the medical device industry.
Keywords: Healthcare Reform, Medical Devices, Small and Medium-sized Enterprises, Financing Dilemmas, Healthcare Policy, SME Financing, China Medical Industry
How to Cite?: Wang Jingwen, Tian Ying, "Financing Difficulties and Coping Strategies of Medical Device SMEs under the Background of New Healthcare Reform", Volume 15 Issue 4, April 2026, International Journal of Science and Research (IJSR), Pages: 1046-1052, https://www.ijsr.net/getabstract.php?paperid=SR26402090754, DOI: https://dx.dx.doi.org/10.21275/SR26402090754