RNCOS Releases a New Report- China Healthcare Sector Analysis
Released on: July 17, 2008, 4:34 am
Press Release Author: Shushmul Maheshwari
Industry: Healthcare
Press Release Summary: RNCOS has recently added a new Market Research Report titled, \"China Healthcare Sector Analysis\" to its report gallery. The report provides a detailed account of the factors that define the structure and composition of the healthcare market in China and leading to its growth.
Press Release Body: RNCOS has recently added a new Market Research Report titled, \"China Healthcare Sector Analysis\" to its report gallery. The report provides a detailed account of the factors that define the structure and composition of the healthcare market in China and leading to its growth.
The research study gives detailed statistical and analytical review on demographics, macroeconomic indicators, disease profile, healthcare services market, pharmaceutical market, medical device market, key drivers and restraints. It contains excellent information that will help clients to draw up market strategies and assess opportunity areas in China’s healthcare market.
Key Findings
- Total healthcare spending in China is expected to grow robustly at a CAGR of 11% between 2007 and 2012. - Around 118 Million people are expected to be above 65 years of age in China by 2012, thereby increasing the prevalence of several chronic diseases. - The middle class bracket is projected to have 160 Million people by 2012, reflecting a higher spending on healthcare and opportunities for healthcare companies. - The prevalence of insurance is low in China with around 50% of all healthcare payments still being paid out of pocket. - Most hospitals present in China lack the resources and staff to provide specialized treatments. However, with increasing private investments, the scenario is improving. - There is a wide gap in the quality of healthcare being provided at the rich eastern provinces and poor rural provinces.
Key Issues & Facts Analyzed
- Evaluation of past, current and future market trends. - Segment-wise evaluation of the market. - Discussion about the major drivers of the healthcare market. - Analysis of the opportunities created by the market. - Analysis of major challenges for the market. - Study of the competitive landscape of the market.
Research Methodology Used
Information Sources Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.
Analysis Methods The analysis methods include ratio analysis, historical trend analysis, and linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.
About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today\'s globally competitive environment.
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