China First Aid Market Size & Outlook, 2023-2030
China first aid market, 2018-2030 (US$M)
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China first aid market highlights
- The China first aid market generated a revenue of USD 138.2 million in 2023 and is expected to reach USD 190.7 million by 2030.
- The China market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, first aid supplies - workplace was the largest revenue generating type in 2023.
- Automated External Defibrillators is the most lucrative type segment registering the fastest growth during the forecast period.
First aid market data book summary
| Market revenue in 2023 | USD 138.2 million |
| Market revenue in 2030 | USD 190.7 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | First aid supplies - workplace |
| Fastest growing segment | Automated External Defibrillators |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | First Aid Supplies - Workplace, First Aid Supplies - Consumer, First Aid Room Equipment, Sports Care/Braces, Medicinal products, Topicals, First Aid Training products, Automated External Defibrillators |
| Key market players worldwide | 3M Co, Johnson & Johnson, Coloplast A/S ADR, Stryker Corp, Smith & Nephew PLC, ConvaTec Group PLC, Hartmann Holdings |
Other key industry trends
- In terms of revenue, China accounted for 3.0% of the global first aid market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India first aid market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 205.2 million by 2030.
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First Aid Market Scope
First Aid Market Companies
| Name | Profile | # Employees | HQ | Website |
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China first aid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to first aid market will help companies and investors design strategic landscapes.
First aid supplies - workplace was the largest segment with a revenue share of 26.05% in 2023. Horizon Databook has segmented the China first aid market based on first aid supplies - workplace, first aid supplies - consumer, first aid room equipment, sports care/braces, medicinal products, topicals, first aid training products, automated external defibrillators covering the revenue growth of each sub-segment from 2018 to 2030.
Regulatory process for product approvals is comparatively less stringent in China than Western countries, which facilitates easy entry of advanced products into the market. In addition, availability of resources enables advancements in technology at cheaper costs, which has boosted the number of local manufacturing facilities.
In addition, Order 650 (former Order 276), Regulations for the Supervision and Administration of Medical Devices to restrict foreign investment in the country, significantly protects local medical devices & product manufacturing companies. Hence, the number of local first aid manufacturers is anticipated to increase, driving the market over the forecast period.
However, COVID-19 restrictions and projected to continue to strongly influence hospital access and procedural volumes in China. According to a study published in the Asian Journal of Medical Sciences in June 2021, an estimated 544,000 people suffer from OHCA annually in China. However, less than 1% survive onsite or at discharge. Early defibrillation is, thus, essential, as a delay of each minute can reduce the chances of survival.
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Our clientele includes a mix of first aid market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China first aid market , including forecasts for subscribers. This country databook contains high-level insights into China first aid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China first aid market size, by type, 2018-2030 (US$M)
China First Aid Market Outlook Share, 2023 & 2030 (US$M)
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