Traditional Chinese medicine (TCM) is a comprehensive medical system that encompasses a wide range of theories and methodologies, including herbal medicine, acupuncture, cupping therapy, massage and dietary therapy. In addition to enjoying a rich culture and history, TCM is also a billion-dollar market that offers some surprising opportunities for Western medical and consumer brands. What is TCM and how big is the market? TCM is an alternative medicine practice that …
TCM
The Covid outbreak has caused every nation to look at its healthcare systems. China’s already complex system needs simplifying and to spend more on soft skills, writes Tom Pattinson China’s healthcare system is complex. As we can see from our recent article produced by the Commonwealth fund, the quality of care people receive depends on a patient’s type of job, region of residence, and income bracket. It is a far …
PROFESSOR MONIQUE SIMMONDS, DEPUTY DIRECTOR OF SCIENCE AT THE ROYAL BOTANIC GARDENS AT KEW, TALKS TO GABRIELLE JAFFE ABOUT THE OPPORTUNITIES AND CHALLENGES OF TCM AND WHAT HER ORGANISATION IS DOING TO MAKE IT SAFER FOR USERS AND BETTER FOR THE ENVIRONMENT. The Traditional Chinese Medicine (TCM) industry is worth over £30 billion and is only set to grow as interest increases worldwide and the Chinese government heavily pushes …
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Will China’s promotion of TCM keep people healthy in a crisis?
Strong governmental promotion of Traditional Chinese Medicine might be good for the Chinese economy but not for its people, writes Tom Pattinson Since 2016, China has been heavily promoting Traditional Chinese Medicine (TCM) as an alternative to expensive Western drugs. The State Council has a national strategy that promised “universal access” to TCM by 2020 and a “booming industry” by 2030. The TCM industry is becoming a “new source of …

