ResearchMoz added Latest Research Report titled ” China Private Hospital Industry Research Report, 2015-2016 ” to it’s Large Report database.
With the implementation of numerous favorable policies tailored to facilitate the growth of Private Healthcare services in the past few years, the private hospitals are much better positioned for the next stage of growth in China. Among them, the most meaningful element is the proposal to consolidate the retirement benefits and medical insurance of government employees with those of the private sectors.
The number of private hospitals increased to 12,500 in 2014 from 2005, representing a CAGR 2005-14 of 16% vs. 2% for public hospitals in the same period. Private hospitals in China are mostly small and mediocre in terms of facilities and services. We expect further investment of private capital in the healthcare service sector would allow the number of higher-tier private hospitals to increase.
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In 2014, growth of insurance premiums (fund inflow) was 41% for commercial insurance, significantly higher than the 18% for the three government-managed insurance programs combined. We anticipate commercial insurance fund inflow will continue to outgrow public insurance programs. With public reimbursement funding facing growth deceleration, commercial insurance represents a strong growth driver for the service sector.
The ophthalmology service industry reached RMB 54 bn in 2014 at a CAGR 2005-2014 of 19%. With improving efficiency and expertise, eye specialty hospitals outgrew the overall ophthalmology. However, general hospitals still captured the majority market share. With increasing demand for cataract surgery and the world’s largest myopia population, China ophthalmology service industry will deliver sustainable growth over the medium term.
The market size for the dental service industry reached RMB 47.6 bn in 2014 from RMB16.9bn in 2007, representing a CAGR of 16% in the period. This was driven by stable growth from patient traffic and ASP. The market would grow steadily to reach about RMB 82 bn in 2018 due to higher awareness in dental care and increasing aesthetic demand.
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Table of Content
1 Executive Summary
2 Development of Private Hospitals in China
2.1 Key Growth Drivers for China Private Hospitals
2.1.1 Positive Policies
2.1.2 Improving Reimbursement and Deregulation
2.1.3 Outgrowth and Efficiency Improvement
2.2 Public-Private-Partnership (PPP) and Specialty Hospitals
2.2.2 Overview of Specialty Hospitals
2.2.3 Business under PPP Model
3 China Ophthalmic Service Industry
3.1 Market Size
3.2 Overview of Eye Hospitals in China
3.2 Development Status
3.3 Competitive Landscape
3.4 Market of Various Eye Diseases
22.214.171.124 Excimer surgery
4 China Dental Industry
4.1 Market Size
4.2 Overview of Dental Specialty Hospitals
4.3 Dental Service Industry in China
4.4 Dental Orthodontics Industry in China
4.5 Competitive Landscape
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