The Wall Street Journal

In global fight against HIV, China's circumcision device makes the cut

In global fight against HIV, China's circumcision device makes the cut

  • June 17, 2015
  • min read

The Wall Street Journal

In global fight against HIV, China's circumcision device makes the cut

The World Health Organization announced that it has approved the quality and production of a Chinese circumcision device to aid HIV prevention. This is big news for China's medical companies, which are trying to build prowess at home and overseas. The potential pool for profits in the Chinese healthcare market alone is projected to reach $113 billion in 2020, more than quadrupling the 2010 profit from the sector, according to Bain & Company. By 2020, Bain predicts that the global profit pool will reach $740 billion.