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Review of the Healthcare System and Medical Device Market in China – report

  • November 2015
  • 25 pages
  • TforG
Report ID: 3428753

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This TforG Healthcare Market review report for China includes numerical and written analysis on the socioeconomic and macroeconomic context and outlook, the healthcare system, and the latest healthcare reforms. Moreover, an extensive chapter is dedicated to the markets for capital equipment, medical devices, disposables and pharmaceuticals.

The report helps businesses gain a unique insight into the socio-economic dynamics, and helps analyze how they affect healthcare systems and their evolution. It can serve as a valuable tool with actionable guidance for sales, marketing, R&D and business managers with industry related interests.

Four chapters cover the numerical and written analysis for the following topics: Economic Outlook (38 Key industry indicators), The Healthcare System (HC system structures), Reforms (restructuring, re-engineering or austerity efforts) and the Healthcare Market (Capital Equipment, Medical Devices, Disposables and Pharmaceuticals).

Economic Outlook:
- China's economic growth is losing momentum and the country could miss its growth target of 7.5 percent for this year.
- Sustainable long-term growth can still be expected, capable of supporting the planned social and healthcare reforms.
- Inflation has dropped to around 3 percent and unemployment is at 7 percent.
- The future role of the growing middle class (200 to 250 million people) will be crucial. With their growing numbers and purchasing power, they will become part of the power spectrum in China.

The Healthcare System:
- The Chinese healthcare system is mainly public.
- Healthcare expenditure is 5,5 percent of the GDP. 60 percent of this amount comes from public funds.
- The total healthcare expenditure is expected to grow by 13 to 15 percent over the coming 5 years.

Reforms:
Reforms for 2020 inlcude:
-To further improve the health insurance of the population.
-To increase healthcare expenditures and increase the government’s share in healthcare spending.
-To improve the infrastructure in China’s lower-tier cities and rural areas.
-To redirect patients from level 3 to level 2 and 1 hospitals and improve access to primary care.

The Markets:
-Overall, the healthcare market is expected to grow by about 15 percent yearly in the coming years.
-International players face a market-access environment that is becoming more complex and market conditions that are more competitive.
-The government is planning to control these cost increases by impacting price setting and by making local manufacturing more competitive.

Reasons to buy:
– Accurate analysis of trends, opportunities and challenges of the economy and healthcare industry
– Relevant healthcare reforms
– Written and numerical analysis on important healthcare indicators (eg.: acute care data, critical care data, anesthesia data, emergency data, healthcare professionals)
– Regularly updates, at least once year
– Every update published by TforG within 6 months after your purchase will be made available to you
– Global coverage, available for + 40 countries
– Unique insight into the socio-economic dynamics, and analysis of their effect on healthcare systems

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