With strong economic growth, industrialization in China has been growing at a faster rate compared to other developing economies. With rapid industrialization taking place in China, the IT spending in the country has also surged. Moreover, during January 2009, China announced a RMB 850 Billion (US$ 124 Billion) stimulus package for three years to fundamentally reshape the nation’s healthcare sector. A key element of the plan is to modernize healthcare services with digital hospitalization, electronic medical records, and next-generation information networks. This will also help increasing the healthcare IT market in the country. Resultantly, the healthcare market in the country is expected to grow at a CAGR of nearly 20% during 2011 - 2013, says our new research report “China Healthcare Sector Analysis”.
To further develop the healthcare IT market and to monitor the same in the country, Chinese Hospital Association Information Management Committee (CHIMA) has also been established by the government association in the country. Moreover, the report provides the segmental breakup of the healthcare IT market into Hardware, Software, and IT services. Of all the segments, hardware segment dominate the whole market and accounts for around 57% of the total market.
The report also provides detail statistics regarding every aspect of the healthcare services market, such as structure, infrastructure, facilities, their utilization etc. Besides, a great focus has been laid on the healthcare profile of the country and potential growth areas. Most importantly, the report also covers thorough description of m-health and e-health market in the country, which are expected to provide immense opportunities to the country’s healthcare players.
“China Healthcare Sector Analysis" provides thorough research and rational analysis along with reliable statistics of the Chinese Healthcare services industry. The report also provides extensive information on the traditional markets as well as on the emerging technologies. Analysis and statistics regarding market size, growth, share, and segmentation have been thoroughly studied in the report to give a comprehensive view of the Chinese Healthcare services market. The report has thoroughly examined current market trends; industrial developments and competitive landscape to enable clients understand the market structure and its progress in coming years.
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Article By: Shushmul Maheshwari