What You Should Know: - Johnson & Johnson Innovation announces three strategic collaborations with a focus on advancing healthcare solutions in China. - The three strategic collaborations are focused on leveraging advances in science and technology to address areas of high unmet medical need across several areas, including discovery science, lung cancer, and medical devices Johnson & Johnson Innovation, a division of Johnson & Johnson (China) Investment Limited, today
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Health IT Market in China
Health IT Market in China Expected to Reach $3.97B by 2020
New analysis from Frost & Sullivan finds the health IT market in China earned revenues of $1.24 billion in 2013 and is estimated estimated to reach $3.97 billion by 2020. China's population is aging at one of the fastest rates ever recorded resulting in rising healthcare costs as the country attempts to meet the exponential explosion of the elderly population. Faced with these challenges, the Chinese government has recognized healthcare as a priority area for reform and hopes to achieve
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