Researchmoz presents this most up-to-date research on"Research Report on Medical Industry in China 2014 - 2018".
The report focuses primarily on quantitative market metrics in order to
characterize the growth and evolution of the Remote Patient Monitoring
Market.
In China, medical institutions refer
to licensed (the Practice License of Medical Institutions) hospitals,
health centers, clinics and first-aid stations that diagnose and treat
diseases.
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As a public service provider, medical
institutions are regulated by National Health and Family Planning
Commission of China and other related government departments. Uneven
regional distribution of medical resources exhibits the uneven economic
development in aspects of medical institution classification, assets
scale, revenue and expenditure, and distribution of private and
foreign-funded medical institutions for profits. Developed regions like
Shanghai, Beijing, Guangdong and Zhejiang have more advanced medical
technology.
According to the Chinese government,
the total medical expense was approximately CNY 2,891.44 billion (about
USD 466 billion) in 2012, up by 18.8% compared with that in 2011. The
medical expense per capita was CNY 2,135.8 (approximately USD 344) at a
growth rate of 18.2%. The total medical expense and expense per capita
are increasing rapidly due to economic growth and population aging. In
2012, the total medical expense accounted for 5.57% of GDP, 0.42% higher
than that in 2011. However, the percentage was much lower than that in
developed countries.
The number of medical institutions was
0.962 million by the end of November 2013, including 24,000 hospitals,
0.923 million primary medical institutions, 12,000 public medical
institutions and 2,000 other institutions. The number of hospitals and
public medical institutions increased by 1,564 and 247 respectively
while that of primary medical institutions decreased by 1,606 compared
with those in November 2012.
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The number of visits in medical
institutions reached 6.41 billion in January to November 2013, up by
8.2% YOY, including 2.41 billion in hospitals (up by 9.5% YOY), 3.79
billion in primary medical institutions (up by 7.3% YOY) and 0.21
billion in other institutions. The number of visits in public hospitals
was 2.17 billion (up by 8.9% YOY) while that in private hospitals was
0.24 billion, up by 15.6% YOY, which exhibits rapid development of
private hospitals in China.
The new government attempts to reform the medical system which
exhibits great market potential. According to CRI, new entrants such as
private and foreign-funded enterprises are bullish about the prospect of
the medical industry due to the reform measures. New medical
institutions need at least 3-5 years to make profits while M&A
institutions need much shorter period of time by taking advantage of the
existing employees, equipment and patients of the purchased medical
institutions.
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Through this report, the readers can acquire the following information:
- Development Environment of Medical Industry in China
- Supply and Demand Status of Medical Industry in China
- Segmented Markets in China Medical Industry
- Market Competition of Medical Industry in China
- Investment Opportunities in China Medical Industry
- Development Trend of Medical Industry in China
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Email: sales@researchmoz.us
Web Site: http://www.researchmoz.us/
Blog: http://deepmarketresearchreports.blogspot.com/
word press : http://marketresearchtopix.wordpress.com
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