36氪 First Release | Covering the field of sports medicine cleaning and surgical consumables, "Ruilang Tyco" received nearly 100 million yuan in A+ round of financing from Xingze Capital_Detailed Interpretation_Latest News_Hot Events_36氪

36氪 First Release | Covering the field of sports medicine cleaning and surgical consumables, “Ruilang Tyco” received nearly 100 million yuan in A+ round of financing from Xingze Capital_Detailed Interpretation_Latest News_Hot Events_36氪

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36Kr was informed that Run-Long Medtech, a sports medicine manufacturer, has completed a round A+ financing of nearly 100 million yuan, and Golu Capital served as the exclusive financial advisor for this round of financing. This round of financing is less than half a year after the last round of financing. The current shareholder Xingze Capital will pursue investment. This round of financing will be mainly used to promote product innovation and expand market investment.

Ruilangtek is an innovative medical device company that focuses on the field of sports medicine and has a layout in the domestic high-end market. 36 krypton has reported on it in detail. According to reports,Since 2021, Ruilangtech has obtained registration certificates for four products including “plasma radio frequency cutter heads”, and now holds more than ten NMPA registration certificates.

It is reported that the acquisition of the registration certificate of plasma radio frequency cutter head means that Ruilang Tech has completed the product layout of planing cutter head and low temperature plasma radio frequency, which has fully covered the field of sports medicine cleaning and surgical consumables.

Ruilangtek product layout

Combined with the development of the industry, sports medicine is a subdivision of orthopedics, but whether it is the global market or the Chinese market, sports medicine is currently in a stage of rapid growth. According to data from Global Market Insights, the global sports medicine market will exceed US$9 billion in 2025, with an average annual growth rate of nearly 8%. In addition, according to data from the Huajing Information Network, China’s sports medicine market is expected to be nearly 4 billion yuan in 2021, with an average annual growth rate of 23.4%.

36 Krypton learned that sports medicine cleaning and surgical consumables account for 25% of the overall sports medicine consumables market. They are the most common and most in demand in the field of sports medicine, but the domestic performance and quality cannot meet clinical needs. It is reported that with the help of the market development of these two main products, Realtek has achieved rapid market share growth.

Further reading

36氪 First Release | When “Import Substitution” in Sports Medicine is in Progress, “RuilangTec” Completes Hundreds of Million Yuan in Series A Financing

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