“To say that healthcare in China is a growth story is an understatement: despite the country’s per capita spending growing at 16% p.a. over the past 18 years, it is still only 1/7th that of the UK and1/17th that of the US.“
“Consider the country’s changing demographics: in 1970, the median age was 19 years; today that figure is 38, and by 2040 it is projected to be 47.“
“As people age, they tend to experience more ailments, which require more (and costlier) treatments: according to Bernstein, Americans aged 25 or younger use five prescriptions per year, while those aged 65 or older use a whopping 46 scripts!“
