国泰海通｜医药：第六批耗材国采降幅预期温和，有望加速国产厂商放量

Core Viewpoint - The sixth batch of high-value medical consumables centralized procurement documents has been released, with expectations of moderate price reductions and an increase in market share for domestic manufacturers [1][2]. Group 1: Event Overview - On December 22, the National Organization for High-Value Medical Consumables Joint Procurement Office announced the release of procurement documents for drug-coated balloons and urological intervention consumables, with the sixth batch set to begin on January 13, 2026 [2]. - The procurement cycle will last until December 31, 2028, with total annual agreement procurement volumes not less than 90% of the previous year's actual usage [2]. Group 2: Pricing and Bidding Process - The procurement will be conducted in multiple rounds of bidding divided into A and B units, with expectations of moderate price declines [2]. - Bidding will be based on the declared prices and a pricing comparison rule, ranking from low to high to determine the selected enterprises [2]. Group 3: Market Impact - The volume of procurement is in line with expectations, and there is potential for an increase in market share for domestic manufacturers [3].