New Media Consolidation In China’s Health Care Industry
This article was originally published in PharmAsia News
After undergoing market consolidation, China's health care new media industry is heading toward a monopoly. According to a survey conducted early this year by Sinomonitor International and CTR Market Research, the hospital penetration rate of China Health Media hit 79.3 percent, followed by Health Media (Huli) with 36 percent and Kangshi Media with 11 percent. The figures were compiled based on the LCD screen installation rate of 466 hospitals located in Beijing, Shanghai, Guangzhou and Shenzhen. An industry analyst observes that competitors, especially new entrants, will find it hard to challenge the dominant position of China Health Media due to its key selling points of branding and size. (Click here for more - Chinese Language)
You may also be interested in...
Given its ever-growing role as a critical component of the global biopharma industry, you can’t afford not to be up to speed on Asia. This biweekly selection of insights from our experienced on-the-ground team will help.
Becton Dickinson will spend $1.2bn over the next four years to improve its drug-delivery device manufacturing capabilities. See what Eric Borin, president of BD, said about it here.
Pfizer is producing vaccine doses at scale now that it has buttoned down the manufacturing process.