Consumer China

Medical devices – in the pink

  • Published 20 May 2010

Government healthcare spending is just one factor driving superior growth in China's medical device and equipment segment.

A confluence of several factors is driving above-par growth in key segments of China's healthcare market. The population is ageing, the incidence of diseases associated with obesity, stress and fast living is growing, insurance coverage is expanding, government spending is accelerating and disposable incomes are rising. The industry's profitability has enjoyed a compound annual growth rate (CAGR) of around 18% over the past 15 years, but we think that during this year and in 2011 at least the profit CAGR may climb to above 25%, with the best companies in the sector outperforming even this vigorous rate of return.

Issue icon

Latest Issue

12 Jan 2012

Browse the archive

Get two weeks free trial Subscribe now to access all of China Confidential

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Find out more