Basecare

What Basecare does

Basecare (贝康医疗, HKEX: 2170) is a Suzhou, China-headquartered medical technology company founded in 2010 that manufactures devices and consumables for assisted reproductive technology (ART), specifically in vitro fertilization (IVF) and preimplantation genetic testing (PGT). The company serves fertility clinics, hospital reproductive medicine departments, and to a lesser extent research institutions, with a vertically specialized product portfolio spanning genetic screening (BaseECS, BasePGT, BaseCNV, BaseNIPT), embryo culture and observation systems (Gems, Geri, Gavi), sperm and reproductive bioanalyzers (DA500, BS1000, DFI, BFC260, BKA210, BZG01, BET01), quality control kits (DFI-QC, BFC260-QC, SEM-QC), cryopreservation consumables (BCT, BSG, BaseStation), and an integrated IVF laboratory software suite (BK-RCMS, BK-RMRS, BK-CMS, BK-LMS, BK-SMS, BK-QCS, BK-IVS).

The company operates on a three-stream revenue model: capital equipment sales (instruments such as DA500, BS1000, Geri, Gavi to fertility clinics), recurring revenue from reagents, culture media, quality control kits, and other consumables used in IVF procedures, and subscription-style or licensing revenue from laboratory information and workflow management software (BaseStation, BK series). The BK-IVS embryo vision tracking product introduces AI-assisted image analysis to embryology workflows, while the remainder of the catalog relies on conventional molecular and clinical laboratory instrumentation. Approximately 501–1,000 employees support engineering, manufacturing, and sales activities.

Basecare goes to market as a B2B medical device company primarily through direct enterprise sales engagements with clinics and hospitals, supplemented by a professional website (basecare.cn), a customer service hotline, and brand-building presence on Chinese social platforms (Douyin, Xiaohongshu, Weibo, Toutiao). The company has progressed through seed, Series A (~$15.3M, 2017), and Series C (~$21.1M, 2020) funding rounds and listed on the Hong Kong Stock Exchange (ticker 2170). Disclosed financials through 2025 indicate revenue scaled from 2021 through 2024 before contracting in 2025, with EBITDA, operating income, and net income remaining negative throughout the reported period — i.e., Basecare is a growth-stage, loss-making medtech that has built a broad product footprint but has not yet demonstrated profitability.

Name

Basecare

Legal name

BASECARE

Website

https://basecare.cn

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Basecare (贝康医疗, HKEX: 2170) is a Suzhou, China-based medical device company founded in 2010 that manufactures IVF and preimplantation genetic testing (PGT) instruments, reagents, and laboratory software for fertility clinics, hospital reproductive departments, and reproductive research institutions.

Ownership category

akta.pro rank

Product category

IVF and reproductive genetics medical devices

NAICS

Biological Product (except Diagnostic) Manufacturing (325414), Research and Development in Biotechnology (except Nanobiotechnology) (541714)

SIC

In Vitro & In Vivo Diagnostic Substances (2835), Services-Medical Laboratories (8071)

akta.pro primary industry

Prenatal, Newborn & Reproductive Diagnostics (NIPT, IVF/PGT, newborn screening) (HLAAALAJ)

akta.pro secondary industries

Genetic, Cytogenetic & Prenatal Screening IVD (HLAHAAAI), Genetic & Prenatal Testing Laboratories (HLAFAMAH), Reproductive Endocrinology & Infertility (IVF/Fertility) (HLAKAJAC)

Keywords

• Preimplantation genetic testing
• IVF diagnostic equipment
• Embryo culture systems
• Reproductive genetics
• Fertility laboratory software

Headquarters

HQ city

Suzhou

HQ country

China

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Medical Diagnostic Instruments: Sale of IVF and fertility testing instruments including DA500 sperm analyzers and BS1000 biochemical analyzers. One-time capital equipment sales to fertility clinics and hospitals.
2. Diagnostic Reagents and Consumables: PGT testing reagents, culture media, QC kits for sperm analysis, and other consumables used in IVF procedures. Recurring revenue from clinical laboratories.
3. Software Systems: Laboratory information management systems (BaseStation, BK-IVS) and quality control systems for fertility clinics. Potential software licensing and subscription models.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Basecare develops and manufactures an integrated suite of IVF and reproductive genetics products, including preimplantation genetic testing kits (BaseECS, BasePGT, BaseCNV, BaseNIPT), diagnostic and sperm analysis instruments (DA500, BS1000), embryo culture and time-lapse observation systems (Gems, Geri, Gavi), sperm DNA fragmentation tests and quality controls (DFI, BFC260, DFI-QC, SEM-QC), cryopreservation consumables, and laboratory information management software (BaseStation, BK suite). Products are sold to fertility clinics, hospital reproductive medicine departments, and research institutions to support embryo screening, embryo culture, and IVF laboratory operations.

Product overview

Basecare (贝康医疗) offers a comprehensive fertility and reproductive health technology platform consisting of genetic testing products (BaseECS, BasePGT, BaseCNV, BaseNIPT), laboratory equipment (DA500, BS1000, Gems, Geri, Gavi, BZG01, BET01, BaseStation), diagnostic tests (DFI, BFC260, BKA210), quality control products (DFI-QC, BFC260-QC, SEM-QC), consumables (BCT, BSG), and intelligent software management systems (BK-RCMS, BK-RMRS, BK-CMS, BK-LMS, BK-SMS, BK-QCS, BK-IVS). The portfolio covers the entire IVF workflow from genetic screening and diagnosis, embryo culture and monitoring, semen analysis, to cryopreservation storage and laboratory information management.

Differentiator

Problem solved

Functional benefit

Products and services

• BaseECS Preimplantation embryo screening system used for genetic screening and diagnosis before embryo implantation, targeted at fertility clinics and IVF centers.
• BasePGT Preimplantation genetic testing product for screening embryo chromosomal abnormalities and hereditary diseases, used by IVF laboratories.
• BaseCNV Chromosomal copy number variation detection product used to analyze chromosome number and structural abnormalities in embryos.
• BaseNIPT Non-invasive prenatal testing product that detects fetal chromosomal abnormalities through analysis of maternal blood samples.
• DA500 Sperm quality analyzer instrument used by reproductive medicine laboratories for sample analysis in andrology workups.
• BS1000 Biochemical analyzer instrument used for high-throughput sample analysis in reproductive medicine laboratories.
• Geri Embryo Culture System Time-lapse embryo culture system used for continuous observation and evaluation of embryo development in IVF procedures.
• Gems Fertilization and Culture Medium Embryo culture medium product line used for fertilization and embryo culture in IVF procedures.
• Gavi Automated IVF System Automated handling / cryopreservation system for safe liquid-nitrogen storage of reproductive cells and embryos in IVF workflows.
• DFI Sperm Function Analysis Sperm DNA fragmentation index testing system used to assess sperm DNA integrity in male fertility workups.
• DFI-QC Quality Control Kit Quality control kit for sperm DNA fragmentation testing used for validation and QC verification by laboratories.
• BFC260-QC Quality Control Kit Quality control kit for sperm morphology analysis systems.
• SEM-QC Quality Control Kit Quality control kit for high-resolution scanning electron microscope sperm morphology analysis.
• BFC260 Sperm Morphology Analysis Automated sperm morphology evaluation system used in fertility laboratories.
• BKA210 Sperm Nuclear Analysis Sperm nuclear analysis product used to evaluate sperm chromatin in fertility diagnostics.
• BZG01 Automated Semen Analyzer Automated semen analyzer instrument used for automated analysis of semen samples in fertility labs.
• BET01 Intelligent Sperm Quality Analysis Intelligent sperm quality analysis system used for automated evaluation of sperm quality parameters.
• BCT Cryopreservation Consumable Cryopreservation straw used for vitrification of embryos and gametes in IVF cryopreservation workflows.
• BSG Cryopreservation Straw Cryopreservation straw used for cryogenic storage of sperm and other samples in fertility laboratories.
• BaseStation Lab Management System Intelligent large-capacity liquid nitrogen storage system for safe storage of reproductive cells and embryos in IVF facilities.
• BK-IVS IVF Workflow System IVF intelligent visual tracking system providing AI-based visual analysis and tracking of embryo development.
• BK-RCMS Cryo Management Software Software for end-to-end management of cryopreserved samples including gametes and embryos.
• BK-RMRS Sample Bank Software Software used to manage sample banks for fertility preservation workflows.
• BK-CMS Embryo Lab Monitoring Embryo laboratory intelligent monitoring system for real-time monitoring of lab environment and equipment.
• BK-LMS Laboratory Management System Comprehensive laboratory management system used for managing reproductive medicine laboratories end-to-end.
• BK-SMS Sample Management System Sample management system used for tracking, storage and management of biological samples in fertility labs.
• BK-QCS Quality Control System Quality control management system used for analysis and management of laboratory QC data.

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature13 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Vitrolife: Swedish provider of IVF media, consumables, and time-lapse embryo culture (Geri) systems. Direct overlap with Basecare's Gems, Geri, and embryo culture media lines, serving the same fertility clinic customers globally.
• CooperSurgical (CooperCompanies): Major fertility and women's health company offering IVF lab consumables, devices, and PGT-related services. Comparable as a one-stop integrated IVF/PGT provider selling directly to fertility clinics and hospitals.
• Hamilton Thorne: Specialty provider of IVF devices, lasers, and time-lapse imaging used in embryo research and ART clinics. Comparable instrument and consumable portfolio aligned with Basecare's DA500, BS1000, and Geri offerings.
• BGI Genomics: China-based genomics and genetic testing leader, including NIPT and PGT services. Most direct domestic competitor in the Chinese PGT/NIPT space, targeting the same hospital and IVF clinic customers as Basecare.
• Yikon Genomics: Chinese fertility genetics company focused on PGT-A/PGT-M embryo testing kits. Directly comparable to Basecare's BasePGT and BaseCNV products serving Chinese IVF centers.
• Esco Medical: Provider of time-lapse embryo incubation systems (MIRI) and IVF lab equipment for ART clinics. Direct comparable to Basecare's Geri time-lapse incubator and the integrated IVF workstation segment.

Broad incumbents

• Illumina: Dominant global DNA sequencing platform; powers many PGT workflows via sequencer and reagent sales. Broader incumbent with overlapping IVD/PGT technology stack though not a single-clinic integrated IVF supplier.
• Thermo Fisher Scientific: Diversified life sciences tools, diagnostics, and lab services giant. Comparable as upstream supplier of IVF lab instruments and genetic testing reagents, though operates across many end markets.
• Natera: Genetic testing company with established PGT (Spectrum) and reproductive health offerings. Comparable in reproductive genetics end-market though focused on US-centric clinical lab service delivery.

Emerging players

• Genea Biomedx: Australian-based IVF technology developer behind Gavi (automated vitrification and handling), which Basecare lists in its own portfolio. Directly comparable on automated IVF workflow devices for fertility clinics.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xweibo.com/u/5621816706

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Basecare