The “KPMG Health 50 Report” recently released by KPMG China mentioned that the health care industry is struggling with extensive losses and marginal profit operations. The pension service industry has the characteristics of a “heavy asset, long cycle, high cost, and low premium” business model. Pension institutions invest heavily in the early stages, are slow to return capital, and operating costs are rising year by year, and there is very limited room for fee price increases, causing most institutions to struggle near the break-even line for a long time. The upstream health care industry chain in China shows a typical “big market, small enterprise” pattern. The market is highly fragmented, and enterprises show “scattered, chaotic, and small” characteristics, which limits the technological innovation and value improvement of the industry. The industry is in a period of growth. Market competition is dominated by decentralization, and leading companies have yet to establish an absolute advantage.

The “KPMG Health 50 Report” recently released by KPMG China mentioned that the health care industry is struggling with extensive losses and marginal profit operations. The pension service industry has the characteristics of a “heavy asset, long cycle, high cost, and low premium” business model. Pension institutions invest heavily in the early stages, are slow to return capital, and operating costs are rising year by year, and there is very limited room for fee price increases, causing most institutions to struggle near the break-even line for a long time. The upstream health care industry chain in China shows a typical “big market, small enterprise” pattern. The market is highly fragmented, and enterprises show “scattered, chaotic, and small” characteristics, which limits the technological innovation and value improvement of the industry. The industry is in a period of growth. Market competition is dominated by decentralization, and leading companies have yet to establish an absolute advantage.