The health industry is in the spotlight in China. Pollution problems and multiple scandals related to the quality of local products have encouraged Chinese people to be more careful.
China is changing, more and more people are concerned about their health. The easing of China's closure to the world creates new visions for the Chinese people. They now have better access to information, their italy phone number list system is growing, they travel more and farther, all these things open their minds, change their habits and expectations.
More information means more searches and the development of awareness about health issues. It is time for healthcare, medical and pharmaceutical brands to develop their presence in China, because foreign brands are very popular in China. This is a good opportunity for you.
Based on my experience in the Chinese healthcare market, we can see for a few years now that the demand for foreign healthcare products is increasing. The healthcare market in China is expected to reach around $2.2 trillion by 2020. China’s healthcare sector is developing at an incredible pace: spending is projected to grow from $357 billion in 2011 to $1 trillion in 2020. All products are sought after, from pharmaceuticals to medical products for consumer health, China remains one of the most attractive markets in the world and by far the fastest growing of all the major emerging markets.
Pharmaceutical and healthcare market in China
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