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Social and Infrastructure Analysis of Chinese Healthcare Industry
Frost & Sullivan, Feb 2007, Pages: 32
The preventive healthcare programs and initiatives of the Chinese Government have considerably enhanced the health of the citizens, especially in urban areas. Commonly used healthcare indicators such as life expectancy and infant mortality rate have improved, mainly due to the country’s economic and social transformation, upgrades in the standard and quality of medical services, and their greater accessibility. The Government is focusing on intensifying the public healthcare system, enhancing healthcare services in rural areas, and strengthening healthcare laws and regulations. It is also aiming to boost the total number of community healthcare centers to narrow the gap between rural and urban healthcare services. Moreover, a large percent of uninsured population and the rising purchasing power of the people are expected to create opportunities for health insurance companies in China. Social and infrastructural developments play a critical role in the development of this industry. General demographic trends greatly affect this demand-driven industry and increased industry-specific infrastructural developments provide impetus.
The Chinese healthcare industry is expected to benefit from its vast skilled labor force, especially since the country has potential to become a healthcare outsourcing hub. The rise in the number of the aged, who are more prone to diseases, will create a demand for innovative drugs. The pharmaceuticals and drug industry could gain from this shift in the demographic structure. The Government is actively supporting companies conducting research in chronic and degenerative diseases to prevent a possible epidemic. Vitamins and other dietary supplements are likely to witness an increase in sales because of the growing health consciousness among the people.
Frost & Sullivan’s Healthcare Country Industry Forecast provides vital inputs for evaluating the attractiveness of a country and its healthcare industry. Besides enabling decision makers to assess the impact of non-market forces, it also helps in identifying new market opportunities. This service provides a strong base for preparing contingency plans. In addition, investors can assess industry-specific risk factors as well as conduct a more in-depth micro research.
Benefits of this Service
Identify New Market Opportunities
The future trends of the social and infrastructural environment of China have been analyzed along with their impact on the healthcare industry. This research service will provide valuable information to industry participants on opportunities in specific segments of the industry.
Understand Future Industry Trends
The research service gives an insight into the Chinese healthcare industry, discusses its dependence on the prevailing social and labor scenario, and forecasts the future social and infrastructural environment. This will help industry participants to gauge the future direction of the market, enabling them to devise appropriate strategies to improve market share.
Comprehend Policy and Regulatory Environment
A detailed analysis of the social infrastructural and labor framework of the Chinese healthcare industry offers insights into the labor parameters and infrastructural issues as it exists and the future direction of the same.
Devise Country Entry Strategies
The research service provides valuable information and analysis of the strengths and weaknesses of the social, labor, and infrastructural developments of China, which are relevant to the healthcare industry. This is particularly useful in devising country-specific strategies for industry participants.
Evaluate Industry Segment Potential
This research service offers detailed coverage of labor and demographic developments affecting the industry and their future direction. It provides both country and industry trends and forecasts for major variables and is an excellent tool for companies that plan to enter new geographic markets. This will help corporate planners in developing accurate business plans and enhance credibility to planning company resources.
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