According to Euromonitor data, the average compound annual growth rate of the market size of China's health care industry in 2009-20 19 was 9.5%. In 20 19, the market size of China health care industry reached 396.5 billion yuan, and the growth rate decreased to 3. 1%, which was mainly affected by the tightening of industry supervision in 20 19, and the whole health incident affected consumers' willingness to consume health care products.
Compared with the United States, the penetration rate of health care products in China is generally low, with great development potential.
IQVIA data show that the age group with high penetration rate of health products in China is 45 years old and above, all of which are above 20%, and the penetration rate of health products in the age group of 24 years old and below is 19%. On the whole, compared with the United States, the penetration rate of health care products in China is generally low, with a big gap. It can be seen that China health care products market has great development potential.
-For more data, please refer to the Market Foresight and Investment Planning Analysis Report of China Health Care Industry by Forward-looking Industry Research Institute.