China’s latest reforms, as part of the 13th Five-Year Plan (FYP), are reshaping the healthcare market. In addition to this, the Healthy China 2030 project, which was launched in August 2016, aims to improve the health of the nation by optimising health services, improving health security and diversifying the services.
The 13th FYP also aims to increase the cooperation with foreign companies in the healthcare sector.
For these reasons, and considering China’s increasing need for hospitals and medical devices, the total healthcare expenditure is expected to reach EUR 806 billion by 2020.
The above trends provide EU SMEs with numerous opportunities in healthcare and medical devices sector and it is thus important that EU SMEs prepare for the market and are aware of the challenges.
Understanding China’s healthcare system and medical devices regulations can often be a challenge. Therefore, the EU SME Centre has produced a sector report on “The Healthcare Market in China” and a subsector report on “The Medical Devices Market in China”.
Both reports provide an overview of the healthcare market and medical devices industry, introducing relevant government bodies, current market situation and China’s medical devices classification. They also outline the key factors EU SMEs should consider to succeed when approaching or operating in Chinese healthcare market.
The EU SME Centre now offers a EUR 30 discount with the purchase of the Healthcare Package.
The Healthcare Market in China
Key Contents
Sector Overview
Healthcare Providers
Pharmaceutical. Medical Device & Healthcare Service Providers Overview
Market Information Regulatory Policies Key Players Traditional Chinese Medicine (TCM)
Market Information Regulatory Policies Key Players Distribution Channels Future Outlook
Private Healthcare Institutions Healthcare IT (HIT) Rehabilitation Service Providers Elderly Care Providers
Opportunities for SMEs
Challenges for SMEs
Annexes
The Medical Devices Market in China
Key Contents
Regulatory Bodies, Policies, Regulations, Definitions and Classifications
Market Overview
Case Studies
Opportunities and Challenges
Practical Advice on How to Access the Market
Report Summary
Exhibitions
Relevant Associations & Chambers Useful Websites
Annex
Annex I: Terminology
Annex II: Provisions and Regulations for Medical Devices in China
Annex III: Medical Device Classification
This report was published during the EU SME Centre in China Phase II (2014-2020), which was funded by the European Union (ICI+/2014/346-276).
The report was drafted in collaboration with external creators, who worked under service agreements with the Consortium running the EU SME Centre Phase II. The copyrights and intellectual property of this publication belong to the Consortium partner China-Britain Business Council. The latter was authorised by and acted on behalf of the Consortium running EU SME Centre in China Phase II. The China-Britain Business Council, which is currently part of the Consortium running the EU SME Centre in China Phase III, has granted the rights of use of this report to the current Consortium. The report is therefore re-published and made available during the EU SME Centre Phase III.
This report was published during the EU SME Centre in China Phase II (2014-2020), which was funded by the European Union (ICI+/2014/346-276). The report was drafted in collaboration with external creators, who worked under service agreements with the Consortium running the EU SME Centre Phase II. The copyrights and intellectual property of this publication belong to the Consortium partner China-Britain Business Council. The latter was authorised by and acted on behalf of the Consortium running EU SME Centre in China Phase II. The China-Britain Business Council, which is currently part of the Consortium running the EU SME Centre in China Phase III, has granted the rights of use of this report to the current Consortium. The report is therefore re-published and made available during the EU SME Centre Phase III
