China Orthopedic: What Drives The Growth? (Seeking Alpha)
China has around 200 million people over the age of 60 now, with 8 million adding to the count each year. At this rate, by 2050, China would have a whopping 400 million people over 60 years old, a number that is greater than the entire current population of the United States. The aging population could turn into an Achilles heel for China's leadership in the coming years and serve well the orthopedic industry.
Now let us look the growth drivers for the industry.
1. Aging population: The UN projects that by 2050, over 400 million, or ne...