The General Hospitals industry in China has developed at a stable rate in recent years due to China's large population base and the increasingly affluent urban and rural residents benefiting from China's rapid GDP growth. The level of industry revenue volatility is low due to relatively steady hospital visitor numbers year to year. General hospitals generated 75.7% of the total hospital revenue in China in 2016 and 57.9% of the total revenue in China's healthcare sector.Industry profitability is also low as most general hospitals are under government control and generally do not operate to maximize profits. Industry profit is estimated at 4.4% of industry revenue in 2018...purchase to read more.

Industry Report - Industry Products Chapter

Medicine and pharmaceutical salesSales of Chinese and Western medicines and pharmaceuticals is the greatest source of revenue for hospitals in China at an estimated 38.3% of industry revenue in 2018. In comparison, the cost of medicines in most foreign-funded hospitals in China makes up only 7.0% to 8.0% of total revenue. Hospital doctors often prescribe high-priced medicines to be purchased at the treating hospital, which increases the hospital's revenue.Prices for medicines and pharmaceuticals vary from less than $1 up to $50 or more, with doctors often prescribing the most expensive medicines to generate larger absolute profit. This creates difficulties for patients without medical insurance, and decreases hospital demand for minor illnesses. The...purchase to read more.

Additional Insights for the General Hospitals Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the General Hospitals Industry are

  • Having a good reputation
  • Access to secure revenues
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Levels of Health - Number of Hospital Visits - Total and Age Group (65+) in the General Hospitals industry impact industry performance..

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    What's in this report

    What is the General Hospitals Industry?

    General hospitals in China are licensed to provide diagnostic and medical treatment (surgical and non-surgical) to inpatients and outpatients with any of a wide variety of medical conditions. General hospitals have an organized staff of physicians and other medical staff to provide patient care, anatomical pathology, diagnostic x-ray services and other medical services.

    Industry Products
  • Outpatient services
  • Inpatient services
  • Medicine and pharmaceutical sales
  • Other hospital services
  • Industry Activities
  • Hospital outpatient services
  • Hospital inpatient services
  • Medical services
  • Other hospital services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Levels of Health - Number of Hospital Visits - Total
  • Age Group (65+)
  • Health Expenditure/GDP
  • Health Policy - Private Health Insurance
  • Births - Number (National)

  • Current Performance
    Industry problemsTrends and developments
  • Chart: Revenue Growth

  • Industry Outlook
    Industry challengesFuture change
  • Table: General Hospitals Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - General Hospitals Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Medical Research
  • Households

  • Key Selling Industries
  • Chinese Patent Drug Manufacturing
  • Dental Equipment Manufacturing
  • Medical & Veterinary Instrument Manufacturing
  • Medical Device Manufacturing
  • Medical Supplies Manufacturing
  • Pharmaceutical Manufacturing
  • Traditional Chinese Medicine Manufacturing

  • Products & Services
  • Medicine and pharmaceutical sales
  • Inpatient services
  • Outpatient services
  • Other hospital services
  • Chart: General Hospitals Industry Products and Services Segmentation

  • Demand Determinants
  • General health of the population
  • The size, natural increase, and age distribution of the population
  • Level and coverage of health insurance
  • Hospital services
  • Healthcare sector reforms
  • Per capita income growth

  • Major Markets
  • Social medical insurance and commercial insurance
  • Government
  • Urban residents
  • Rural residents
  • Chart: Major Market Segmentation for the General Hospitals Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Purchases
  • Wages
  • Rent
  • Profit
  • Chart: Cost Structure Benchmarking – Sector vs General Hospitals

  • Basis of Competition
  • Hospital grades
  • Eligibility for social insurance units
  • Resources and facilities
  • Geographic accessibility
  • Price
  • Services
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the General Hospitals Industry

  • Industry Globalization
    General Hospital of PLA, Peking Union Medical College Hospital, Zhongshan Hospital (affilliated with Fudan University), Peking University First Hospital, Beijing Tongren Hospital Attached to Capital Medical University,
  • Table: General Hospital of PLA - financial performance
  • Table: Peking Union Medical College Hospital - financial performance
  • Table: Zhongshan Hospital (affilliated with Fudan University) - financial performance
  • Table: Peking University First Hospital - financial performance
  • Table: Beijing Tongren Hospital Attached to Capital Medical University - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the General Hospitals Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the General Hospitals Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Total Assets (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Inpatient
  • A patient admitted to the hospital and stays overnight or for an indeterminate time, usually several days or weeks.
  • Outpatient
  • A patient who is not hospitalized overnight but visits a hospital, clinic or associated facility for diagnosis or treatment.
  • Severe Acute Respiratory Syndrome (Sars)
  • A respiratory disease in humans caused by the SARS coronavirus.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s General Hospitals market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on General Hospitals:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The General Hospitals market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on General Hospitals, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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