Healthcare

China’s online healthcare market primed for a boom

An accommodative policy stance and a large digitally native population in China reflect potential for growth, although trust will be key to sector’s development, say analysts.

Supportive state policies are set to stoke rapid growth in China’s already large and promising online healthcare sector in the wake of Covid-19, analysts say.

The pandemic, which helped accelerate the adoption of telehealth services by patients during the lockdowns, has also led authorities more recently to issue guidelines on the reimbursement of drugs and medical services as well as clarify other rules that may have previously held growth rates back. The developments have led some industry observers to predict that the government will establish more online hospitals, enlarge reimbursement coverage of basic medical insurance BMI for telemedicine and outline unified standards for online healthcare at the national level.

...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222