China Big Health Industry to Enhance Domestic Healthcare System, States ASKCI Consulting in Its Report Available at MarketPublishers.com13 Dec 2016 • by Natalie Aster
LONDON – China’s healthcare management and service industries are facing problems, and today’s health insurance mechanism is poor.
The big health industry was advocated due to the development, public demands and changes of a spectrum of diseases. The big health industry of traditional Chinese medicine (TCM) promoted healthy lifestyles that cured diseases and also preventive treatments. It will change people's ways of thinking and enhance the business environment within the healthcare universe.
The output of the big health industry of TCM reached just over USD 101.2 billion in 2009, and it amounted to nearly USD 0.145 trillion in 2015. To date, there are hundreds of medicine companies in the domestic big health market, with around 30 listed firms. The big health concept simulated the public demand so that it offered opportunities for those organisations.
The novel concept of the big health industry grew in popularity and included healthy food products, medical equipment/instruments, pharmaceuticals, and leisure healthcare services. Besides offering products, it also provided the solutions of health lifestyles, hence, it was able to create far more business profits. The output of the big health industry of TCM is forecast to stand at close to USD 0.43 trillion by 2021.
Topical research report “Development and Market of Big Health Industry of Traditional Chinese Medicine in China 2016-2021 Proposal” created by ASKCI Consulting is designed to carefully examine the national big health industry of TCM product industry. The study offers comprehensive, deep insights into the market imports and exports, future industry trends, market size of the industry, pricing information, demand and supply, market potential in various regional markets, key market drivers and investment opportunities. A granular analysis of the leading competitors and their activities in China is included. The study also speculates on how the Chinese big health industry of TCM market is likely to change in the years to come.
More insightful reports by the publisher are available at ASKCI Consulting page.