14-Mar-17 Alex Gorsky, CEO of Johnson & Johnson said: "We believe that the macro trends - a large population, urbanisation, growing middle class, demand for healthier lifestyles and care choices - remain favourable for... China's healthcare industry. J&J has a legacy of translating technological innovation and medical science breakthroughs into industrial outputs that address the needs of patients and consumers." [image: China Daily]
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13-Mar-17 A classic internet land grab is underway in China, with over 2,000 well-funded companies launching health related apps into the market. With players ranging from giants such as Tencent to true start-ups, most are expected to fail and and the ones remaining will have to hope that the government decides to trust in market forces rather than taking over itself. [image: Digital Graphiti]
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12-Mar-17 China has said its population will peak to 1.45 bn by 2030 and drop to 1.1 bn towards 2100, as it shrugged off concerns over a declining labour force. In 2016 China relaxed its One Child Policy amid concerns over a rapidly ageing population. Following the second-child policy, a total of 18.46 mn births were recorded across China in 2016. [image: The Siasat Daily]
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Insights
10-Mar-17 Indonesia is likely the largest outbound medical travel market, according to Josef Woodman of Patients Beyond Borders. “Indonesia’s healthcare infrastructure is generally poor and about 1.5 to 2 mn Indonesian medical travelers go to Southeast Asia or Australia,” he said. China is also one of the largest medical tourism markets as many Chinese travelers look for better healthcare. [image: Skift]
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09-Mar-17 Chinese company BOE has invested USD50 mn in Israeli company Cnoga Medical. BOE is a Chinese laboratory equipment company that wants to establish itself as a leader in the medical sector. Cnoga has developed a series of devices for non-invasive measurement of a range of health parameters through optical diagnosis of the changing color shades of a finger. [image: Globes]
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