Replay: What’s Driving China’s Trillion Dollar Health Care Market?
Tuesday, 2nd February, 2021
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China is one of the fastest-growing major health care markets globally, with a five-year compound annual growth rate of 13%, compared to just 3% in the United States and 2% in Japan*. In 2015 China surpassed Japan to become the second-largest health care market globally**. Since then, total health care expenditure in China has nearly doubled from $594 billion to over $1 trillion in 2019***.
Join KraneShares CIO, Brendan Ahern, and Head of International, Dr. Xiaolin Chen for a webinar on China's growing health care sector. Topics covered include:
- Factors driving growth: How China's aging population, rising incomes, and increasing urbanization may provide a sustained catalyst for growth in China's health care sector.
- An overview of the China health care ecosystem, including patent and generic pharmaceuticals, medical equipment production, hospital administration, biotechnology, traditional Chinese medicine, and health care IT.
- Living in a post-COVID-19 world: What's on the horizon for health care in China.
- Accessing the opportunity: An introduction to the KraneShares MSCI All China Health Care Index UCITS ETF (LSE: KURE).
*Statista, “Health expenditure in China from 2000 to 2018”, retrieved 31 Dec 2020.
**Major health care markets defined as top five global markets by the World Health Organization. Data from the World Health Organization as of 31 Dec 2015.
***Statista, “Total health care expenditure China 2019”, retrieved 31 Dec 2020.