What does Huang Jianlong think about the future development of the big health industry?

According to the data released by the Prospective Industry Research Institute's "Big Health Industry Market Outlook and Investment Opportunity Analysis Report", the market size of China's health service industry in 2014 was about 4.50 trillion yuan, and by 2016 China's health service industry was 5.6 trillion yuan. If the development continues at this rate, it is predicted that the scale of China's large health service industry will reach 6216.1 billion yuan in 2017.

The pharmaceutical industry, medical device industry, health care industry investment potential is huge. Looking at the current state of the industry, there will be two major trends in China's medical industry, especially the medical device industry, in the future: firstly, domestically produced equipment will replace imported products, and secondly, the industry will be upgraded and modernized, including the overall consolidation of the industry. Larger medical device companies have encountered bottlenecks in corporate growth, and M&A and industrial upgrading will be the mainstream of the industry. In the past few years, the number of mergers and acquisitions of medical device companies has been growing.

Edited on 2018-01-11