Internet medical competition is white-hot


As of June 2020, the amount of financing in the domestic healthcare sector reached 50.88 billion billion yuan, up 46.2 percent from the previous year. Behind the boom, Tencent, Ali, Jingdong, byte beat and other Internet giants frequently appear. Healthcare has long been a racetrack for Internet giants, and this year's outbreak has brought new variables to the industry.
Giants pile up layout Internet medical
During the outbreak, due to the rising demand for medical and health knowledge, users have developed the habit of obtaining medical information through the Internet, and in terms of medical treatment, patients also need more online consultation opportunities due to offline medical conditions. In this context, the convenience of Internet medical care has been highlighted, but this is a huge market that has yet to be tapped. According to Analysys, there were 41.348 million active users in the healthcare sector in May 2020, up 38.4 percent from the same period last year, but correspondingly, the penetration rate of broad Internet healthcare in China's health industry was only 8 percent.
This year Internet companies piled up the layout of online consultation or pharmaceutical e-commerce model. In September, Ali Health APP was upgraded and renamed "Medical Deer". It will integrate Tmall medicine, Alipay, quark search and other related business sectors to provide Internet medical and health services such as intelligent search, online consultation, physical examination vaccine appointment, drug flash delivery, etc. On September 21, Jingdong issued an announcement confirming that Jingdong Health will submit an IPO application to the Hong Kong Stock Exchange. Recently, the multi-party "shot" byte beat acquisition of the encyclopedia of famous medical network caused concern.
Medical marketization also needs to open up resources
However, at present, the accuracy, timeliness, richness and authority of medical search results need to be improved. The development of medical marketization requires the opening and cooperation of various resources, especially medical professional resources. On this basis, an ecological closed loop can be formed based on the market.

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