Forecast: Domestic Private Health Expenditure Per Capita in China

As of 2023, China's domestic private health expenditure per capita is forecasted to be at approximately $581.86 USD PPP. From 2024 to 2028, the expenditure is projected to increase steadily, starting from $615.58 in 2024 and climbing to $791.91 in 2028. Year-on-year growth rates are expected to range from 7.2% in 2025 to 5.8% in 2028, reflecting a consistent upward trend. The compound annual growth rate (CAGR) over these five years is anticipated to be around 6.6%, indicating robust growth in private health expenditure.

Future trends to watch for include:

• The impact of an aging population on healthcare demand.
• Increased urbanization potentially leading to higher healthcare consumption.
• The role of technology and telemedicine in enhancing healthcare accessibility and efficiency.
• Policy changes favoring private healthcare could further drive expenditure growth.