China Hospital Services Market - Databook 2025 to 2034

The China hospital services market size was calculated at USD 1,123 billion in 2024 and is predicted to attain around USD 2,288 billion by 2034, expanding at a CAGR of 7.37% from 2025 to 2034.

Highlights of the Hospital Services Market in China.

• By hospital type, the public/community hospitals segment underwent notable growth in the market during 2024.
• By hospital type, the private hospitals segment is anticipated to expand rapidly.
• By service type, the inpatient services segment experienced significant expansion in the market.
• By service type, the outpatient services segment is expected to emerge with notable growth during the forecast period.
• By service areas, the cardiovascular segment saw strong growth during the studied period.
• By service areas, the neurorehabilitation & psychiatry services segment is expected to see notable performance in growth between 2025–2034.

Industry Valuation and Growth Rate Projection

Hospital services refer to services provided by hospitals for diagnosis, treatment, and healthcare support to patients. The hospital plays a crucial role in providing treatments and surgeries and maintaining the well-being of our communities. The hospital provides a wide range of services to the public, and its functions are to provide patient care, medical education, research and development, community outreach, and promotion of health and wellness. China’s hospital services provide advanced and high-quality diagnosis and treatment to patients.

China’s hospital services market is rapidly growing due to key factors like government initiatives and investment in the healthcare sector and equipment, adoption of advanced technologies, and an increase in the awareness among the public about health and wellness. The country is experiencing rapid market growth due to rising incomes, an aging population, and increasing awareness amongst the youth. The government initiative for providing affordable healthcare through public/community hospitals also contributes to the market growth.

Market Trends

• Rising incidence of diseases and surgeries: An Increase in patients with cancer cases, and a variety of surgeries with complex and advanced procedures demand quality hospital services.
• Technological advancements for diagnostics and treatment: Improvements in diagnostics and treatment through technological advancements pave the way for quality research and development and an increase in the success rate of patients.
• Growing awareness: An Increase in awareness among the public about hospital services in the nation increases accessibility and increases the overall well-being of the public.
• Expansion of healthcare-related industries: Healthcare-related industries are rapidly evolving, with sectors like pharmaceuticals, medical devices, and facility management, which are closely linked with hospital services.
• Aging population: China is considered the fastest-aging population globally, and thus, the demand for hospital services is high.

Restraints

Shortage of skilled Healthcare Professionals - China currently faces a shortage of healthcare professionals, like well-trained nurses, doctors, and specialists, in less developed or backward regions of the country. The unavailability of healthcare professionals in underdeveloped regions hinders the accessibility of quality healthcare in the nation.

Overburdened Public Hospitals and Rising Healthcare Costs - Public/community hospitals provide quality healthcare services at an affordable rate to the public. These hospitals have the personnel to cater to many patients at the same time due to the availability of many patient wards and beds. However, this has also turned towards the public hospitals being overburdened with more than the anticipated number of patients turning up to demand the healthcare services. Rising healthcare costs are also a reason why the public chooses public/community hospitals instead of private hospitals due to the disparity in costs between them.

Opportunity

Expansion of Private Hospitals - China is experiencing a rapid expansion in private hospitals as private healthcare companies offer premium healthcare to the public. With the relaxations in regulations, many international and private hospital chains are expanding. Moreover, the rising income levels of the public demand premium and advanced hospital services.
 
Government Initiative and Investment - Government initiatives and investments in the healthcare sector for expansion and research & development pave the way for the market to grow rapidly. Policies under “Healthy China 2030” for the health and development of the nation bring awareness and the potential for healthcare companies to reap huge benefits. The developments also open doors for the expansion of medical tourism in the nation.

Recent Developments in China’s Hospital Services Market:

• In October 2023, Hengrui Pharma Partners with Merck to strengthen its oncology pipeline for a next-gen selective PARP1 Inhibitor and an antibody-drug conjugate. This partnership includes an exclusive license to develop, manufacture, and commercialize the PARP1 rapping inhibitor HRS-1167.
• In March 2025, Optum Rx simplified consumer access with chronic diseases to prescription drugs, eliminating up to 25% of reauthorizations, which is equal to more than 10% of overall pharmacy prior authorizations.