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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