Forecast: Health Expenditure Per Capita in China

The health expenditure per capita in China is forecasted to increase consistently from 2024 to 2028, with values reaching from $636.39 to $715.06. Comparatively, the annual growth rate from 2024 onward shows a moderate increase, indicating a stable rise in medical spending per individual. The year-on-year percentage increase remains steady, reflecting a sustainable growth pattern. Over the next five years, the compound annual growth rate (CAGR) will average a gradual upward trend in per capita health expenditure. In 2023, this value stood at approximately $617, marking the starting point for future comparisons.

Future trends to watch for:

• Impact of aging population on healthcare demands and expenditure.
• Influence of government policies and reforms on healthcare funding and distribution.
• Technological advancements and their effect on healthcare service efficiency and cost.
• Shifts in China’s economic landscape influencing disposable income and healthcare affordability.