Overview on Chinese Health Service Industry 2010

Oct. 19, 2010 - PRLog -- www.cri-report.com - Chinese health and health management industries are now in the initial stage. Over the 30 years since the reform and opening up, the development of Chinese health and health management industries falls behind the rapid development of the national economy. Thus, the health and health management industries cannot adapt to the situation and requirements of the current development of Chinese economy and society. Though Chinese GDP increases rapidly and the governmental investment in the medical & health sector rises progressively, the problem of difficulty and high cost of getting medical services has not been solved yet.

As one of the sub industries of the health service industry, Chinese health articles industry has low development level. It now stays at the initial stage of development. “Except contraceptive medicines and devices, all other products and services have poor quality and incomplete variety.” said Vincent Ho, analyst of China Research and Intelligence. The industrial system from production to sales has not been formed yet. According to the recent research report “Research Report on Chinese Health Service Industry 2010-2011”, in 2009, the scale of Chinese health articles market was about CNY 36 billion, 15.4% increase over 2009.
Chart Scale of Chinese Health Articles Market, 2005-2009

Operations of other sectors such as hospitals, health insurance, fitness and entertainment, etc. are also analyzed in this report.

Due to the disparity in the market maturity level and policy restriction, the investment focus of Chinese market differs sharply from that of European and North American markets in the four major industrial clusters. The investment in Chinese health industry concentrates in the health service, especially in the circulation and consumption segments. In Chinese healthcare market, the heath management service industry focusing on individualized health service is in the initial period of formation, assuming great development space and investment opportunities.

Source:
Research Report on Chinese Health Service Industry 2010-2011
http://www.cri-report.com/reportdetail.asp?id=452
http://www.marketinfoguide.com/marketinfoguide/Html/?1016...

# # #

The primary and secondary research was conducted by consultants in China who know the industry and the local markets well.