Mindray Discloses New ProductsZacks Investmentupdated Jan 16, 2012TweetAt GET.com we maintain complete editorial integrity on our content & provide transparent & unbiased information. Companies don't pay us to include their products although we receive a compensation when you successfully apply to products from our partners. See how we make money here.At GET.com we maintain complete editorial integrity.Mindray Medical International Limited (MR), a leading Chinese medical device manufacturer, recently provided an update on its new product launches during 2011 and its pipeline for both the Chinese and overseas markets for 2012. During the past year, Mindray launched 7 new products, such as A5 and A3 anesthesia machines and the BeneHeart D3 defibrillator, in its patient monitoring and life support line of business. The company commercialized the BC-6800 five-part hematology analyzer and some reagents for its in-vitro diagnostic product line. It launched 5 offerings, including the DC-8 color ultrasound system, in its medical imaging product line. Mindray plans to launch 7 to 10 new products for 2012. The company will maintain a balance between the high-end and low-end market segments. During 2012, Mindray has decided to grow its product offerings in patient monitoring and life support areas, such as anesthesia delivery and complete IT solutions for ICUs. The company also has plans for growth in in-vitro diagnostics as well as medical imaging. Mindray is a bellwether in the Chinese MedTech industry with a solid international presence. A key distinction with domestic competitors is that the majority of Mindray’s products have CE Mark and/or Food and Drug Administration (“FDA”) clearance. The company has entered the premium segment globally, where its competitive advantage is still unclear. Also, on the negative side, health care reform, in China and the U.S., may reduce demand for Mindray’s products. Competition is fierce and leads to price erosion over time. Mindray’s competitors, in different niche segments, include General Electric (GE), Philips (PHG) and Siemens (SI). Our Neutral recommendation on Mindray is supported by a short-term Zacks #3 Rank (Hold). GENL ELECTRIC (GE): Free Stock Analysis Report To read this article on Zacks.com click here. Editorial Disclosure: Any personal views and opinions expressed by the author in this article are the author's own and do not necessarily reflect the viewpoint of GET.com. The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author's alone, not those of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities.