The following data represents forecasted values in hundred billion Yuans Renminbi:
- 2024: 8.7
- 2025: 9.34 (7.4% increase)
- 2026: 9.97 (6.7% increase)
- 2027: 10.6 (6.3% increase)
- 2028: 11.22 (5.8% increase)
Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 6.05%
Future Trends to Watch
As China's urban population continues to age and urbanization progresses, the demand for non-employment basic medical care is expected to rise consistently. Policy changes and technological advancements in healthcare delivery could further influence this upward trend.
