OKLAHOMA CITY: A plethora of reports on the China healthcare market are falsely inferring giant profits on the basis it is a giant opportunity.
The reality is a sinkhole. The report writers have befuddled themselves with numbers beyond their imagination.
The universal flaw is the healthcare modeling. China is a unique market and cannot be compared with any other.
China is undergoing an epidemiologic and demographic transition that is fundamentally changing the country’s demand for healthcare. Chronic and non-communicable diseases are on the rise, due to an aging population and to a worrying decline in public health, caused by pollution, poor diet, and other factors…