Chinese brands in medical rehabilitation coming
By Zheng Yiran | China Daily | Updated: 2018-11-26 07:26
China's medical rehabilitation industry is estimated to reach 100 billion yuan ($14.4 billion) in annual sales by 2023, with an annual compound growth rate of over 18 percent, according to a recent report.
Released during the China International Medical Equipment Fair held in Shanghai, the report showed that currently, the usage ratio of the elderly rehabilitation and home healthcare equipment in China is 1:10.
The corresponding figure for European and American countries is 1:1, demonstrating great growth potential for China's medical rehabilitation industry.
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