The Athleisure Market in China: Opportunities in an Increasingly Active Country
Athleisure is a fusion of fashion and athletic apparel, fit for a wide variety of occasions, such as at work, school, socializing, and of course, a variety of workouts. People dressing in athleisure clothes often present an active healthy lifestyle, 35.1% of individuals opted for regular exercise as their means of maintaining health in 2022. According […]
Outdoor pursuits, personalized experiences, and digital shifts are reshaping the Chinese fitness market
In recent years, the growth of the sports and fitness market in China has been exponential. The fitness population reached approximately 374 million people at the end of 2022, with an increase of 9.6% since 2016, and generating a revenue of more than RMB 941 billion (USD 132.4 billion) in the same year. The latest […]
China’s pharmaceutical industry: from manufacturing hub to key R&D player
Since joining the World Trade Organization in 2001, China’s pharmaceutical industry has experienced remarkable growth. In 2021, it accounted for 12% of the global pharmaceutical market, second only to the United States, which accounted for a substantial 40% of the world’s total revenue. By 2022, despite challenges from the COVID-19 pandemic, the industry demonstrated resilience, […]
China’s eyewear market soars post-pandemic
Over the years, the eyewear market in China has witnessed remarkable growth and this trend is set to continue post-pandemic, fueled by factors such as increasing disposable income, changing fashion trends, and rising awareness about eye health. Chinese consumers have developed a strong appreciation for both style and functionality when it comes to eyewear, creating […]
Government policies are reshaping the landscape of China’s Medical Technology Industry
The medical technology industry, commonly known as the MedTech industry, is an essential component of the healthcare industry. Such segment includes all those that create, produce, and market innovative medical equipment and health information systems that allow simpler prevention, earlier disease detection, less invasive procedures, and more potent therapies. The global revenue of the medical […]
13% of Chinese adults have diabetes: Why the medical industry cannot overlook China’s diabetes treatment market
China’s diabetes treatment market is about to experience a boom, and this piece explains why. For some background, diabetes is a disorder of metabolism that impairs one’s ability to process blood glucose or blood sugar. The pancreas releases insulin to help body store and use the sugar and fat from the food eaten. Diabetes occurs […]
Vegan meat in China: One of the largest markets despite less than 5% of the population being vegan
Over the last decade, veganism became increasingly popular in the West, which has led to the rapid development of meat alternatives. However, imitation meat, which is sometimes seen as a healthier substitute for animal meat, is not a new concept, especially in China. With the rising health-conscious among Chinese consumers, the plant-based meat market has […]
China’s mental health industry on the rise due to prolonged lockdowns
As lockdowns prolong in cities of China like Shanghai, people appear to be less high-spirited due to problems like food shortages and overpriced supplies, which potentially increase the demand for mental health services in China. The impact of long-period home quarantine could be detrimental to mental health, which could potentially lead to a serious mental […]
The crackdown on plastic surgery ads in China: Balancing the beauty economy with surgery scandals and deaths
In September 2021, Chinese state media called for stricter regulations on plastic surgery ads in China, mentioning its excessive pervasiveness and false claims. In the last decade, China’s aesthetic medicine experienced a period of steady growth, driven by rising consumer disposable income, enhanced consumer awareness and the emergence of hedonic values. Chinese aesthetic medicine market […]
Digital healthcare in China: Powered by tech giants amid Covid-19 outbreak
Digital healthcare is the integration of cutting-edge technologies such as the Internet of Things, big data, and artificial intelligence in the field of healthcare, which includes digitization, standardization and intelligence of medical consultation and pharmaceutical services. The number of online medical users increased from 214.8 million in December 2020 to 233.33 million in Jun 2021, […]
China’s biopharmaceutical market prepares for aging boom, but can foreign firms get a piece of the market?
A biopharmaceutical, also known as a biological medical product, refers to any medical drug manufactured in, extracted from, or semi synthesized from biological sources and produced using biotechnology. The biopharmaceutical market is one of the most innovation-intensive industries in the world, investing a great share of capital into research and development compared to any other […]
Survey on fitness beliefs and exercise habits in China
The scale of the Chinese sports and fitness industry is exploding. According to data compiled by the Chinese General Administration of Sports, from 2016 to 2025, the number of athletically engaged people in China will grow by 39%, from 360 million to 500 million. Not only will there be more athletes and fitness fans, but […]