The China digital transformation in healthcare market is anticipated to progress with a CAGR of 31.93%, over the forecast period. The country’s market growth is facilitated by key factors, including, the challenges faced amid the COVID-19 pandemic and the increased adoption of digitization within the healthcare sector. The base year considered for the market study is 2020, and the forecast years are from 2021 to 2026.
CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET FORECAST 2021-2026
China Digital Transformation in Healthcare Market by Function ( Customer Transformation, Workforce Transformation, Operational Transformation, Product Transformation ) Market by Deployment Mode ( Cloud, on Premise ) Market by End-use ( Healthcare, Life Sciences, Other End-users ) by Geography.
The China digital transformation in healthcare market is anticipated to progress with a CAGR of 31.93%, over the forecast period. The country’s market growth is facilitated by key factors, including, the challenges faced amid the COVID-19 pandemic and the increased adoption of digitization within the healthcare sector. The base year considered for the market study is 2020, and the forecast years are from 2021 to 2026.
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In China, the immediate problem during the COVID-19 pandemic was to create sufficient capacity to treat crucial patients, through the reallocation of medical sources from different avenues. The reallocation was conducted by maintaining enough space to deal with non-COVID-19 medical emergencies. Also, online hospitals and medical facilities predominantly took on coronavirus cases during the outbreak, in order to assist frontline medical professionals with patient classification and screening.
In addition, online hospitals offered consultations for several non-emergent cases and patients not affected by the novel coronavirus, as well. Doctors provided preliminary diagnoses through visuals like videos and pictures posted online, and suggested prescriptions, since directly prescribing medication online for first-time patients is not permitted. Moreover, China is also striving to develop further towards digital transformation within the healthcare sector. In this regard, Beijing Keya Medical, a Beijing company, announced that its imaging solution in cardiac management was approved by the CFDA in January 2020, as the foremost artificial intelligence (AI) medical device in China. Hence, these factors are set to fuel the country’s market growth.
Microsoft Corporation, headquartered in the United States, engages in the development and commercialization of software, services, as well as hardware devices. It designs and markets hardware, including personal computers (PCs), gaming and entertainment consoles, tablets, phones, other intelligent devices, and related accessories. The company also delivers cloud-based solutions, product and solution support services, and others.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- COUNTRY SNAPSHOT
- COUNTRY ANALYSIS
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY ANALYTICS
- IMPACT OF COVID-19 ON CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- KEY BUYING CRITERIA
- COST
- DATA SHARING FEATURES
- INTEROPERABILITY
- MARKET BY TYPE
- PRODUCT
- SERVICE
- MARKET BY TECHNOLOGY
- ARTIFICIAL INTELLIGENCE
- BIG DATA
- BLOCKCHAIN
- AUGMENTED REALITY/ VIRTUAL REALITY
- INTERNET OF MEDICAL THINGS
- MHEALTH
- TELEHEALTH
- ROBOTICS
- MARKET BY FUNCTION
- CUSTOMER TRANSFORMATION
- WORKFORCE TRANSFORMATION
- OPERATIONAL TRANSFORMATION
- PRODUCT TRANSFORMATION
- MARKET BY DEPLOYMENT MODE
- CLOUD
- ON PREMISE
- MARKET BY END-USE
- HEALTHCARE
- PAYER
- PROVIDER
- HOMECARE
- LIFE SCIENCES
- OTHER END-USERS
- HEALTHCARE
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS/DIVESTITURES
- COMPANY PROFILES
- ALIBABA
- BAIDU
- HUIYING MEDICAL TECHNOLOGY CO LTD
- INFERVISION
- TENCENT
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – CHINA DIGITAL TRANSFORMATION IN HEALTHCARE
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)
TABLE 4: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY TYPE, FORECAST YEARS, 2021-2026 (IN $ BILLION)
TABLE 5: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)
TABLE 6: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2026 (IN $ BILLION)
TABLE 7: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY FUNCTION, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)
TABLE 8: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY FUNCTION, FORECAST YEARS, 2021-2026 (IN $ BILLION)
TABLE 9: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY DEPLOYMENT MODE, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)
TABLE 10: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY DEPLOYMENT MODE, FORECAST YEARS, 2021-2026 (IN $ BILLION)
TABLE 11: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY END-USE, HISTORICAL YEARS, 2016-2020 (IN $ BILLION)
TABLE 12: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY END-USE, FORECAST YEARS, 2021-2026 (IN $ BILLION)
TABLE 13: LIST OF MERGERS & ACQUISITIONS
TABLE 14: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 15: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: KEY BUYING CRITERIA
FIGURE 5: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020
FIGURE 6: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY PRODUCT, 2021-2026 (IN $ BILLION)
FIGURE 7: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY SERVICE, 2021-2026 (IN $ BILLION)
FIGURE 8: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020 (IN $ BILLION)
FIGURE 9: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY ARTIFICIAL INTELLIGENCE, 2021-2026 (IN $ BILLION)
FIGURE 10: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY BIG DATA, 2021-2026 (IN $ BILLION)
FIGURE 11: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY BLOCKCHAIN, 2021-2026 (IN $ BILLION)
FIGURE 12: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY AUGMENTED REALITY/VIRTUAL REALITY, 2021-2026 (IN $ BILLION)
FIGURE 13: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY INTERNET OF MEDICAL THINGS, 2021-2026 (IN $ BILLION)
FIGURE 14: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY MHEALTH, 2021-2026 (IN $ BILLION)
FIGURE 15: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY TELEHEALTH, 2021-2026 (IN $ BILLION)
FIGURE 16: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY ROBOTICS, 2021-2026 (IN $ BILLION)
FIGURE 17: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY FUNCTION, IN 2020
FIGURE 18: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY CUSTOMER TRANSFORMATION, 2021-2026 (IN $ BILLION)
FIGURE 19: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY WORKFORCE TRANSFORMATION, 2021-2026 (IN $ BILLION)
FIGURE 20: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY OPERATIONAL TRANSFORMATION, 2021-2026 (IN $ BILLION)
FIGURE 21: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY PRODUCT TRANSFORMATION, 2021-2026 (IN $ BILLION)
FIGURE 22: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY DEPLOYMENT MODE, IN 2020
FIGURE 23: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY CLOUD, 2021-2026 (IN $ BILLION)
FIGURE 24: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY ON PREMISE, 2021-2026 (IN $ BILLION)
FIGURE 25: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY END-USE, IN 2020
FIGURE 26: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY HEALTHCARE, 2021-2026 (IN $ BILLION)
FIGURE 27: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, GROWTH POTENTIAL, BY HEALTHCARE, IN 2020
FIGURE 28: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY PAYER, 2021-2026 (IN $ BILLION)
FIGURE 29: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY PROVIDER, 2021-2026 (IN $ BILLION)
FIGURE 30: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY HOMECARE, 2021-2026 (IN $ BILLION)
FIGURE 31: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY LIFE SCIENCES, 2021-2026 (IN $ BILLION)
FIGURE 32: CHINA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET, BY OTHER END-USERS, 2021-2026 (IN $ BILLION)
- MARKET BY TYPE
- PRODUCT
- SERVICE
- MARKET BY TECHNOLOGY
- ARTIFICIAL INTELLIGENCE
- BIG DATA
- BLOCKCHAIN
- AUGMENTED REALITY/ VIRTUAL REALITY
- INTERNET OF MEDICAL THINGS
- MHEALTH
- TELEHEALTH
- ROBOTICS
- MARKET BY FUNCTION
- CUSTOMER TRANSFORMATION
- WORKFORCE TRANSFORMATION
- OPERATIONAL TRANSFORMATION
- PRODUCT TRANSFORMATION
- MARKET BY DEPLOYMENT MODE
- CLOUD
- ON PREMISE
- MARKET BY END-USE
- HEALTHCARE
- PAYER
- PROVIDER
- HOMECARE
- LIFE SCIENCES
- OTHER END-USERS
- HEALTHCARE
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