The number of hospitals specialized in Traditional Chinese Medicine (TCM) in China has shown consistent growth over the past decade. In 2023, the number stood at 5.01 thousand. The most significant year-on-year variation occurred between 2018 and 2019, with a 6.14% increase, whereas 2023 saw a more modest 3.92% growth. The Compound Annual Growth Rate (CAGR) over the last five years was calculated at 4.73%.

Future trends to watch for include:

A continued increase in the number of TCM hospitals, projected to reach 5.93 thousand by 2028.
The forecasted 5-year CAGR (2024-2028) suggests a slower growth rate at 2.66%, reflecting potential market maturation.
Ongoing government support and public interest in alternative medicine will likely sustain this upward trend.