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1Rotman Study Tour 2014
China Healthcare Overview
The opinions expressed are my own and do not represent the view of
others in any way
“The greatest wealth is health” – Virgil3
Global health spending is dominated by developed western markets. China will increasingly become a share of global health spending.
Background: Health Spending Growth
4
5
China Health Facts
Obesity rate is rising rapidly— 30-
50% annually
About 15% of adults—or 200
million people—are classified as overweight
About 1/10 adults have
diabetes
1/3 cigarettes consumed worldwide
6
Total health care deals increased 23% last year
and have tripled since 2007 to
$10.5 billion in 2013.
cHealth Industry Growth In China
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World Population
Connected Devices
Connected Devices
Per Person
500 Million 12.5 Billion 25 Billion 50 Billion
6.3 Billion 6.8 Billion 7.2 Billion 7.6 Billion
0.8 1.84 3.47 6.58
More connected
devices than
people
8
Devices Are Connecting Rapidly
Pill bottle sensors can connect to a network and indicate if a patient has
taken medication 9
Remote Monitoring
Spending is projected to
grow from $357 billion in 2011 to $1 trillion in 2020
Health Care Reform Is In Progress
10
The biomedical sector was identified as a strategic industry:
1 Strengthen public health care infrastructure
2 Strengthen healthcare service network
3 Develop comprehensive medical insurance system
4 Improve drug supply system
5 Reform public hospital system
6 Support the development of Chinese medicine
What`s Shaping China`s Health Market12th Five-Year Plan (2011-15)
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Conclusions
12
A time of significant
changeOpportunity
13
