Medical Market Opportunities in China

As is known to all, affected by the family planning policy, the population structure of China has been changed in recent years. According to China National Bureau of Statistics, up to the end of 2014, the elderly who were over 60 years old were up to 200 million in China, accounted for 15.5% of the total population. It is predicted that by 2050, China’s elderly population will grow to around 480 million, which means China is going to be the largest aging country in the world.

At the same time, China’s medical market is facing huge challenges and opportunities. In China, most advanced medical facilities and equipment only exist in megalopolis. Smaller cities and villages are lack of medical resources. National medical level needs to be improved without delay. With the development of China’s economy, based on the traditional culture of filial piety in China, the health market for the elderly is going to be a great potential market in the future.

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