by: bruzzones2000 (53/California) 10/14/05 04:35 pm Msg: 10471 of 10472 Breaking News China, In Terms of Both its Healthcare System and Medical Device Market, is a Nation of Contradiction 10/14/2005 9:10:00 AM EST
Research and Markets (http://www.researchandmarkets.com/reports/c25690) has announced the addition of China Medical Market Intelligence Report to their offering.
China, in terms of both its healthcare system and medical device market, is a nation of contradiction. As the world's most populous country, and one in possession of the fastest growing major economy in the world, the nation offers a vast array of opportunities for overseas investors, complemented by a massive potential workforce and consumer base. The SARS (severe acute respiratory syndrome) crisis of 2003 forced the government to examine the Chinese health infrastructure in great detail and healthcare has become a priority of the present government, with promises of large scale investment in order to ensure epidemics such as this are dealt with more effectively and that the system as a whole is improved substantially. Other priorities addressed by the government include the standard of rural healthcare, which for many years has differed markedly in its quality to that in urban areas. In particular, the more basic practices of 'barefoot doctors' are to be phased out, and medical personnel in these impoverished regions are to be required to pass a more advanced series of qualifications. Increased investment from overseas in the form of a range of projects continues, and the HIV/AIDS epidemic in China has assumed greater significance, with the establishment of various programmes aimed at attempting to combat the disease.
However, several factors inherent in the nation's make up undermine many of these opportunities and the progress that has undoubtedly been made since the 1980s. Most obviously is the fact that although there are some very high quality hospitals and clinics in the big cities, China remains a very poor country; GDP per capita is on a par with that in Indonesia or the Philippines. Facilities are badly-equipped, drugs are in short supply and trained staff are lacking. Healthcare in rural areas, home to some 800 million people, remains very basic and is in places wholly inadequate to deal with normal healthcare problems, let alone short-term problems such as SARS or longer term problems such as HIV.
Funding is, of course, at the root of the problem, with most patients having to pay for at least a large part of the cost of treatment. The Chinese government has been attempting to improve healthcare funding through an expansion of healthcare insurance. Compulsory insurance is now established in urban areas, and is planned for rural areas by 2010.
This report is ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. The report opens with an outlook section that provides analysis of the market and, importantly, provides 5-year forecasts by technology category, national data projections, outlook and key developments such as regulation, health facilities and government policy. The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts.
For more information visit http://www.researchandmarkets.com/reports/c25690
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