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Traditional Chinese Medicine Hospitals in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Traditional Chinese Medicine Hospitals Market Research Report | Mar 2017

IBISWorld’s Traditional Chinese Medicine Hospitals market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

Driven by government support and increasing demand from patients, the development of the Traditional Chinese Medicine Hospitals industry has accelerated in recent years. In 2017, revenue for this industry is expected to reach $60.7 billion, up 11.3% from 2015 and representing annualized growth of 15.6% from 2012.

For the Traditional Chinese Medicine Hospital industry, a growing number of patients has ensured revenue and profitability increases. Profitability has risen from 0.9% in 2007 to an estimated 4.7% in 2017. The scale of traditional Chinese medicine hospitals has also been expanding. There are about 3,562 traditional Chinese medicine hospitals in China, each containing 229 beds on average.... purchase to read more

Industry Report - Industry Products Chapter

Medicine sales

Medicine sales are the greatest source of revenue for traditional Chinese medicine (TCM) hospitals, contributing an estimated share of 49.6% in 2017. Compared with other hospitals, medicine sales account for an even higher proportion for traditional Chinese medicine hospitals. The rising price of some traditional Chinese medicine materials in recent years helped drive revenue growth in recent years. Price controls have been a great challenge for the government and one of the important issues for reform in the healthcare system. Local health departments have been trying to decrease the proportion of medicine sales.

Outpatient services

Outpatient services are expected to account for 20.9% o.. purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Traditional Chinese Medicine Hospitals Industry?

The Traditional Chinese Medicine Hospital industry in China comprises licensed traditional Chinese medicine general hospitals and traditional Chinese medicine specialized hospitals. Integrated traditional Chinese and Western medicine hospitals and ethnic minority hospitals are not included in this industry.

Industry Products
Outpatient servicesInpatient servicesMedicine sales
Industry Activities
Diagnostics and examination servicesMedicine boiling servicesAcupuncture and moxibustion servicesManipulation services Scrape therapy servicesOther hospital services

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