Medical & Healthcare

Analysis of Status Quo and Driving Forces in China Health Industry

China’s health industry enjoys continuously fast growth. The scale of the industry grew by CAGR of 16.03% from 2011 to 2014, reaching CNY 2.5 trillion in 2014. Specific examination of the growth of sub-industries of pharmaceuticals, medical devices, healthcare products and medical cosmetics are as follows: The CAGR of the pharmaceutical industry was 19% (2010-2014); that of the medical device industry was 30.50% (2010-2014); that of the healthcare industry was 30.40% (2010-2014); that of medical cosmetics was 16.58% (2010-2014). The rapid growth of the health industry is driven by three…

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