Medical & Healthcare

China General Health and Wellness Industry Overview

China general health and wellness industry is one of the largest components of the national economy, which refers to services and products related to the maintenance, recovery and promotion of health, encompassing healthcare services, pharmaceuticals, nutrition and health products, medical devices, maternal and infant products, as well as other services such as health management and care of the elderly. The market size of China general health and wellness industry reached RMB 8.6 trillion in 2016, and is expected to increase to RMB 26.8 trillion in 2026, at a CAGR of…

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Medical & Healthcare

China Internet Healthcare Industry

In recent years, the Chinese government has, on many occasions, demonstrated its ambitions to promote Internet healthcare services nationwide and establish the national Internet healthcare service infrastructure. There have also been intensive capital investments in the Internet healthcare industry.   Overview and Outlook of China Internet Healthcare Industry Market Size With the rapid expansion in recent years, the market size of China Internet healthcare industry reached RMB10.9 billion in 2016. In light of the rising healthcare awareness, improved Internet technologies and increasing disposable income of Chinese residents, China Internet healthcare…

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Medical & Healthcare

Import of Condoms in China Up by 65.8% YOY from Jan. to Nov. 2017

The total imported value of condoms in China reached USD 220.85 million, up by 65.8% YOY, from January to November, 2017. According to CRI’s analysis on data from China Customs, major sources of imported condoms in China were Taiwan, Malaysia, Thailand and Japan. The demand for quality condoms grows with the development of the economy and the improvement of livelihood. Although China is the largest condom producer and exporter, it lacks famous domestic brands, which result in the low-end market positioning of domestic condoms. According to CRI, the export volume…

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Medical & Healthcare

China Hospital Market

Overview China’s healthcare service providers can be categorized into three kinds: hospitals; primary healthcare institutions, such as community health centers; and other healthcare institutions, such as centers of disease control and preventive institutions for special diseases. Hospitals play the most essential role in China’s healthcare service industry, by serving nearly 40.1% of total out-patients and over 76.4% of total in-patients in 2015. Revenue generated by healthcare providers in China reached CNY 2,953.8 billion in 2015, of which CNY 2,287.9 billion, or 77.5%, was attributable to hospitals. Overall hospital revenue in…

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Medical & Healthcare

China Healthcare Service Market

Overview The healthcare service industry is a building block in support of China’s economic growth and people’s well-being. Along with China’s economic transformation, the consumer industry and service industry have become increasingly important in driving China’s economic growth. As people demand better living standard and high-end medical service, the healthcare service industry is projected to maintain a rapid growth. From 2011 to 2015, China’s total healthcare spending grew from CNY 2,434.6 billion to CNY 4,097.5 billion, representing a CAGR of 13.9% during this period. China’s total healthcare spending is projected…

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Medical & Healthcare

Overview of the Global Biologics Market

The global biologics market is a subset of the global pharmaceutical market. In terms of market size, the global biologics market represented approximately 19.1% of the global pharmaceutical market in 2016. The global pharmaceutical market grew at a CAGR of 4.6% from US$962.0 billion in terms of market size in 2012 to US$1,153.6 billion in 2016, and is expected to grow at a CAGR of 5.0% from 2016 to 2021, reaching US$1,475.1 billion in 2021. Comparatively, the global biologics market grew at a CAGR of 7.7% from US$164.2 billion in…

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