CX Daily: China’s Once-Booming Online Healthcare Sector Sees Its Vital Signs Sink

00:00

00:00/00:00

Listen to this article 1x

China’s online medical service sector has ballooned into a nearly 380-billion-yuan ($52.2 billion) market

Online healthcare /

Cover Story: China’s once-booming online healthcare sector sees its vital signs sink

After almost a decade marked by booms and busts, China’s internet medical service providers now face a soul-searching moment that will determine their future fortunes.

Driven by technological advancements and growing healthcare demand, China’s online medical service sector has ballooned into a nearly 380-billion-yuan ($52.2 billion) market. A wide range of providers now serve over 360 million people with web-based health consulting, disease management, pharmacy services and other offerings.

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.