13 August 2020 | News
Findings include the latest in Covid-19 vaccines, innovations in health-tech, business trends in biopharmaceuticals and healthcare manufacturing priorities that will impact global markets
Photo Credit: SCMP
South China Morning Post announced on 13 August 2020 the release of its inaugural China Healthcare Report that comprehensively examines industry innovations and trends that will impact the global market, as well as ambitious reforms that will reshape China’s domestic healthcare market.
China’s healthcare industry currently leads the world in double-digit growth and has an outsized impact on the global healthcare market as the second-largest healthcare market by expenditure - US$3.5 trillion in 2018. The report also tracks the impact of Covid-19 on structural shifts in the global supply chain of healthcare products and includes a review of Covid-19 vaccine developments and leading healthcare innovators and industry leaders in China.
The report features deep-dive case studies on the latest developments in the business of China’s healthcare industry, including opportunities, risks, and predictions. The report is created by SCMP Research and leverages the Post’s unmatched access into China, covering major sectors such as pharmaceuticals, biotechnology, medical devices and supplies manufacturing, service providers, and healthcare technology. Several major findings include:
SCMP’s Executive Editor Chow Chung-yan said: “The world is facing an acute healthcare challenge when people are living much longer, populations are rapidly ageing, and healthcare costs are rising. China aims to significantly improve its healthcare standards to be on par with those in developed nations by 2030. This will spur innovation in the sector, provide impetus for growth in the global healthcare industry, and catapult Chinese healthcare firms onto the international stage.”
The report is targeted at those interested in understanding the complexity of the Chinese healthcare market, including academics, investors and technologists. For an overview of the China Healthcare Report and to purchase the full report, visit https://research.scmp.com/products/healthcare-2020.