Research Report on Chinese Medical Industry, 2009
The medical organizations in China belong to service industry, directly faced to numerous consumers and supervised by medical executive departments of Chinese government. The regional distributions of Chinese hygiene resources are comparatively balanced, regional distribution disparity mainly showing in the levels of medical organizations, asset scales, revenues and expenditures, private medical organization distribution and foreign funded medical distribution, reflecting the regional economic development differences. Chinese medical industry is mainly concentrated in Shanghai, Beijing, Guangdong and Zhejiang, accounting for most hygiene resources and higher level technologies.
In 2008, the total expenditures of Chinese medical industry were 1.22 trillion Yuan (174 billion USD), increasing by 8.2% of last year. The expenditures per capita were 915 Yuan (130 USD).
By the end of 2008, Chinese health organizations were about 300 thousand, in which hospitals were 19,701 (13,111 public hospitals), 40 thousand clinics, 28 thousand community health service centers, 3,020 maternity and child care centers, 3,560 centers for disease control and prevention and 2,591 health monitoring institutions. Compared with last year, the health organizations were increased by two thousand, with the increased numbers of community health service centers and health monitoring institutions and the reduction in hospitals, town clinics, maternity and child care centers and centers for disease control and prevention.
By the end of 2008, the total beds of Chinese medical organizations were 3.97 million, up by year on year 7.2%. Chinese medical technicians were 4.92 million, including 2.05 million licensed assistant doctors and registered nurses of 1.62 million, rising by 130 thousand of Chinese medical technicians, 40 thousand of licensed assistant doctors and 80 thousand of registered nurses compared with the year of 2007. The licensed assistant doctor number per one thousand was increased from 1.54 in 2007 to 1.55 in 2008, as well as the registered nurse number from 1.18 to 1.22. The county doctors and health workers were 1.06 per one thousand agricultural populations.
In 2008, it was predicted that the outpatient visits in Chinese hospitals reached to 1.69 billion man-times, including 1.53 billion man-times in public hospitals, accounting for 90.5%. The inpatient number was 68 million, including 62.3 million in public hospitals, accounting for 91.5%.
For a long time, Chinese medical systems were state-governed, lack of competition and vigor, co-existences of shortage and surplus in resource allocation, low service quality and inefficiency. Thus, the reforms in medical systems fell far behind than other industries. Since, 2000, Chinese government approved the guidelines of medical system reforms and carried out classified regulation in the medical organizations. The perspectives of medical organization market came into open.
Because of the promising perspectives, Chinese private and joint hospitals were established recently.
Chinese government guided and encouraged the entry of private and other assets into medical organizations by two means: first, asset acquisition, that is the participation of property right and operation means reforms in public hospitals, the acquisition of original stored assets; second, the added investment, that is the direct participation in the investment in the medical industry, constructions and operations, in which asset acquisition accounted for the most.
It is a long time to receive profits in a newly built hospital, at least five years. But if you merged with the present hospitals, the time will be shortened sharply, some of which will keep balance in the revenues and expenditures because of the fixed doctors, nurses and patients in the former hospitals.
The works of Chinese medical service systems will be divided rationally in the future among the community health service centers, comprehensive hospitals and the specialized hospitals, with the community health service centers specializing in the prevention, health care, health education, birth control and easily diagnose chronic disease treatment and rehabilitation of common diseases and frequently-occurring diseases, the comprehensive hospitals and the specialized hospitals specializing in the disease diagnostics. The large hospitals will mainly diagnose the critical illness and difficult or complicated illness and develop education and research combining clinical experiments.
More following information can be obtained in this report:
- Development of Chinese Medical Industry
- Sub-sectors of Chinese Medical Industry
- Value Chains of Chinese Medical Service Industry
- Competitions of Chinese Medical Industry
- Investment Opportunities of Chinese Medical Industry
- Trends of Chinese Medical Industry
- Influences of International Financial Crisis on Chinese Medical Industry
1 OVERVIEW ON CHINESE MEDICAL INDUSTRY, 2008-2009
1.1 Overview on Chinese Medical Industry
1.1.1 Present Situations
1.1.2 Characteristics
1.2 Value Chains of Chinese Medical Industry
1.2.1 Providers
1.2.2 Hospitals
1.2.3 Patients
1.3 Analysis on Chinese Medical Systems
1.3.1 Analysis on European and American Medical Systems
1.3.2 Analysis on the Medical Systems of the Developing Countries
1.3.3 Analysis on Chinese Medical Systems
1.3.4 References of International Experiences to China
1.4 Supervisions of Chinese Medical Industry
1.4.1 Medical Supervision Systems and Supervision Policies
1.4.2 Guide Policies for Foreign Investments
1.4.3 Regional Policies of Medical Hygiene
1.4.4 Tax Policies
1.5 Problems in Chinese Medical Industry
1.5.1 Inefficiencies
1.5.2 Inequalities
1.5.3 Others
2 DEMANDS OF CHINESE MEDICAL MARKET, 2008-2009
2.1 Demand Characteristics of Medical Market
2.1.1 Basic Users
2.1.2 Demand Characteristics
2.2 Analysis on the Payment Abilities of Demand Subjects in Medical Market
2.2.1 Medical Security of Chinese Residents
2.2.2 Payment Level of Average Health
2.2.3 Expenses of Patients in Clinics or Hospitals
2.3 Prediction on the Demand Development of Chinese Medical Services
2.3.1 Prediction on the Development Levels
2.3.2 Prediction on the Market Scales
3 SUPPLIES OF CHINESE MEDICAL INDUSTRY, 2008-2009
3.1 General Scales of Supplies in Chinese Medical Industry
3.1.1 Overview
3.1.2 Employed Persons
3.1.3 Hard-ware Equipments
3.2 Supply Structures of Chinese Medical Industry
3.2.1 Supply Structures
3.2.2 Regional Distributions
3.3 Development Trends of Supplies in Chinese Medical Industry
3.3.1 General Development
3.3.2 Development in Sub-sectors
4 SPECIALIZED HOSPITALS IN CHINESE MEDICAL INDUSTRY, 2008-2009
4.1 Ophthalmic Hospitals in Chinese Medical Industry
4.1.1 Market Overview
4.1.2 Poor Eyesight Surgery Market
4.1.3 Investment Plans of Advantageous Enterprises in the Future
4.1.4 Market Space
4.2 Children's Hospitals in Chinese Medical Industry
4.2.1 Factors Affecting the Consumption Choices
4.2.3 Development Perspectives
4.3 Women's Hospitals in Chinese Medical Industry
4.3.1 Market Overview
4.3.2 Market Hotspots
4.3.3 Development Trends
4.4 Tumor Hospitals in Chinese Medical Industry
4.4.1 Market Overview
4.4.2 Therapy Technologies
4.4.3 Development Trends
4.5 Oral and Dental hospitals in Chinese Medical Industry
4.5.1 Market Overview
4.5.2 Present Technologies
4.5.3 Development Trends
5 CHINESE HOSPITALS OF VARIOUS TYPES
5.1 Public Hospitals
5.1.1 Development Overview
5.1.2 System Reforms
5.1.3 Famous Public Hospitals
5.2 Private Hospitals
5.2.1 Development Overview
5.2.2 Characteristics
5.2.3 Development
5.3 Foreign Funded Hospitals
5.3.1 Present Development
5.3.2 Characteristics
5.3.3 Development Trends
6 INVESTMENTS AND MERGERS AND ACQUISITIONS IN CHINESE MEDICAL INDUSTRY
6.1 Investments in Chinese Medical Industry
6.1.1 Investment Characteristics
6.1.2 Investment Environments
6.1.3 Investment Models
6.2 Funding in Chinese Medical Industry
6.2.1 Necessities
6.2.2 Funding Models
6.3 Mergers and Acquisitions in Chinese Medical Industry
6.3.1 Merger and Acquisition Policies
6.3.2 Present Situations
6.3.3 Cases
7 MARKET RISKS OF CHINESE MEDICAL INDUSTRY
7.1 Risks of Chinese Medical Industry
7.1.1 Medicine Price Reduction
7.1.2 Medical Entanglement
7.1.3 SWOT Analysis in Chinese Medical Industry
7.2 Entry/Exit Barriers in Chinese Medical Industry
7.2.1 Entry Barriers
7.2.2 Exit Barriers
8 RECOMMENDATIONS AND INVESTMENT OPPORTUNITIES OF CHINESE MEDICAL INDUSTRY
8.1 Development Trends of Chinese Medical Industry
8.1.1 Competition Trends
8.1.2 System Reform Trends
8.2 Investment Opportunities of Chinese Medical Industry
8.2.1 New Profit Models
8.2.2 Market Orientations
8.2.3 Others
8.3 Recommendations for the Investment Opportunities in Chinese Medical Industry
8.4 Influences of International Financial Crisis on Chinese Medical Industry
Chart Chinese Health Organizations and Beds, 2004-2008
Chart Chinese Health Employed Numbers, 2004-2008
Chart Chinese Health Expenditures and Investments in Hygiene Infrastructure, 2004-2008
Chart Medical Security Means of Chinese Residents, 2004-2008
Chart Average Expenses of Chinese Hospital Clinics and Discharged Hospital Patients
Chart Scales of Chinese Ophthalmic Hospitals, 2004-2008
Chart Tax Comparisons among Chinese Various Hospitals
Chart Urban and Rural Distributions of Chinese Hygiene Resources
Chart Investments of Chinese Medical Industry, 2004-2008
Chart Outbreak Proportion of Various Cancers in the Whole Chinese Cancers
