Research Report on the development of China’s digital health industry in 2021

National health is the foundation of national security and stability, but there are still pain points in the health care system and insurance products to be solved

There are some problems in China’s medical system, such as uneven distribution of medical resources, high prices of non Medicare covered drugs, difficult traceability, insufficient supervision, deficit risk caused by high growth rate of medical expenses, etc. at the same time, the structure of health insurance products is unbalanced, the degree of homogenization is high, price competition is fierce, and the degree of specialization and customization of product design is not high. The application of information technology will alleviate the problems in healthy ecology.

Digital health is to apply information technology to the health industry, provide solutions for medical and health needs in multiple scenarios, and meet multi-level and diversified health needs

Digital health not only breaks the traditional medical system structure, but also realizes the information exchange and interconnection of market participants in the medical system such as patients, hospitals and doctors through digital means and online platforms, improves the efficiency of medical research and development, medical diagnosis and health management, and provides solutions for the medical and health needs of multiple scenarios.

Digital health started in the 1990s and experienced three stages, gradually moving from informatization to intelligence. The impact of covid-19 epidemic has catalyzed a new growth period

The development of digital health has experienced the stages of medical informatization and internet medical treatment. Now more business modules are extended around the whole digital health ecology. In 2020, the outbreak of covid – 19 epidemic changed people’s living habits, and the whole people advocated reducing walking Hospitals become high-risk occasions. In this context With the rapid development of online consultation and pharmaceutical e – commerce, the state has frequently issued documents to promote the development and improvement of Internet hospitals At the same time, it began to clarify the use of medical insurance in Internet hospitals.

The scale of digital health market maintains a rapid growth trend

The scale of China’s digital health market has increased from 110 billion in 2016 to 314.5 billion in 2020, with an annual compound growth rate of 30.03%. It is expected to reach 150.6 billion in 2025, with an annual compound growth rate of 36.46%. The proportion of digital health in medical expenditure is increasing, and the penetration rate is further strengthened.

On the one hand, the policy supports the development of digital health industry, on the other hand, it puts forward more norms and requirements in supervision, so as to promote the steady progress of digital health industry. With scientific and technological progress, capital admission and epidemic catalysis, China’s digital health industry has entered a new stage of rapid development, and the market will usher in more opportunities.

 

- Advertisment -