New Element

About New Element

Shenzhen New Element Medical Technology Development Co., Ltd., also known as New Element Medical, is a high-tech company established in 2005. It focuses on medical equipment and healthcare IT solutions, holding independent intellectual property rights for its products. The company operates through three main product lines: extracorporeal shock wave therapy, remote healthcare, and the medical Internet of Things (IoT). The legal representative is Hao Mingwei.

New Element Medical has developed a significant market presence, particularly with its extracorporeal shock wave lithotripter, which is used in over 3,000 hospitals and holds more than 40% of the domestic market share in China. The company's business model integrates medical treatment, IT, and services, providing solutions for healthcare information system integration and medical equipment production. It serves medical institutions by offering solutions like its "Internet+ medical" platform, aiming to create a comprehensive service system that integrates online and offline healthcare. This includes the development of "network hospitals" in collaboration with large hospitals, which feature "network health centers + health kiosks" to provide lifelong O2O health services.

The company's offerings include a range of medical devices such as lithotripters and shock wave therapy equipment for orthopedics, pain management, and men's health (ED). In addition to hardware, New Element provides smart healthcare solutions like integrated service platforms for hospitals and platforms for health checkups. These solutions aim to optimize patient flow and build a full-cycle health management system, from appointments to post-examination services. The company has a research and development team of over 200 people and has obtained numerous patents and software copyrights.