Forecast: Private health expenditure per capita in China

Private health expenditure per capita in China has shown a steady increase from 2024 to 2028, with forecasts indicating growth from $242.45 to $271.45. In 2023, this expenditure stood at $234.31, reflecting a consistent growth trajectory. The year-on-year percentage increases from 2024-2025 is approximately 3.08%, 2025-2026 is 2.93%, 2026-2027 is 2.79%, and 2027-2028 is 2.66%. The compound annual growth rate (CAGR) for the forecast period is about 2.92%, signifying steady expenditure growth per capita in the private health sector over these five years.

Future trends to monitor include:

• Evolving healthcare technologies, which could influence private spending trajectories.
• Policy changes impacting insurance and private healthcare practices.
• Demographic shifts, particularly aging population trends, affecting health service demand.
• Economic factors such as GDP growth and disposable income levels, potentially impacting spending capability.