"Scaling New Peaks to Open Fresh Horizons, Hoisting Sails to Lead the Tide."
On July 29, jointly released by Health Triumph and the Health Triumph Research Institute, with the participation of nearly one hundred organizations2025 (5th) China Healthcare Growth Ranking (HGR) List Grandly Unveiled. This is not merely a ranking list, but rather a dynamic map of the healthcare industry’s development and a shining beacon guiding industrial upgrading and value reconstruction.
The co-publishing organizations of this ranking include AgeClub, HC3i China Digital Health, IT Juzi, IVD Industry’s Hard Dish, MedROBO Zhuyitai Robotics, AiShai Network, Anxin E-Drug Living Room, Big Health Observer, Big Health Pie, The First Medical Channel, First Health Report, VCBeat, Peptide Chain, Jiankangjie (Health Circle), Jianshiju (Health Knowledge Bureau), Gene Technology Network, Kanjian Time, Kunyu Business Observation, Lijing Smart Health Research Institute, Liangyan Kan Caijing, Lin Zhanggui, Southern Medical Network, Nobel Laureate Innovation Center, Saibailan, Business & Health, Shanghai Health Channel, Shiyi Yijian, Shoukang Network, Sichuan Public Health Network, Tongxieyi, Investor Network, Wen Yaoshi, Singapore Frontier Science Publisher, New Medical World, New Medical Cloud Academy, Xingshulin, Yao Bolan, Medical Dry Goods, Yaoshisheng, Yaowen Kangce, Yi Maike, Yishixiang, Yishi, Yiwujie, Yixie Xiaoshu, Yixinyuan, Medical World, Medical Forum Network, Medical Grocery Store Pro, Yiyuehui, ZaoShai Network, Zhensuojie, Zhiyixun, Chinese Journal of Medical Devices, Oncology Circle, and Zhuyitai Integrated Media, among others (listed in alphabetical order).
The list covers six core sectors, selecting pioneer enterprises that lead the industry and pioneer the future.Compared to last year, this year’s rankings feature two major highlights. First, the evaluation system has been upgraded. It has expanded from three dimensions to eight, with hundreds of detailed indicators that balance hard power and soft value, as well as short-term benefits and long-term potential. Second, the scope of the rankings has been enlarged. The “Top 50 Listed Smart Healthcare Companies” list has been expanded to a Top 100; additionally, a new “Top 50 Healthcare Guidance Funds” list has been introduced, focusing on new engines of innovation in the healthcare industry. This new list not only tracks how fast companies are growing, but also provides deeper insights into their sustainability and stability over the long run.
This year’s ranking evaluation deeply integrates strategic models—including the Balanced Scorecard (BSC), Ansoff Matrix, Boston Consulting Group (BCG) Matrix, PESTEL analysis, and Value Chain analysis—to establish a “gold standard” for assessing growth in the healthcare sector. By leveraging hundreds of data indicators, it constructs a “CT scan” of corporate innovation, enabling multi-dimensional, penetrative analysis.
In the dimension of innovation foundation, metrics such as patent star maps and R&D density are used to measure a company’s technological reserves and talent depth, revealing its endogenous innovation drive. Innovation process indicators focus on pipeline efficiency and cross-sector collaboration, reflecting the conversion effectiveness from R&D to implementation. The innovation value dimension presents the resonance between commercial value and user recognition through data on product breakthrough capability and market presence. Meanwhile, responsibility indicators quantify practices such as green production and governance compliance, outlining the DNA of sustainable development.Beyond the data lies a deconstruction of corporate growth logic and a panoramic view of the industrial innovation ecosystem, providing a scientific framework for assessing core corporate competitiveness.
The complete list is as follows:












In the vast universe of healthcare, a force has always been surging relentlessly. It originates from the sleepless nights in laboratories, takes shape through exploratory breakthroughs on the clinical frontline, and thrives on the collision and integration within the industrial ecosystem.
Unceasing Innovation, Unstoppable Growth.Since its launch in 2021, the China Healthcare Growth (HGR) Ranking has been committed to identifying sparks of innovation, establishing benchmarks for growth, and fostering industry consensus. The release of the fifth edition brings together the collective wisdom of experts, scholars, corporate leaders, and industry elites, reflecting a vivid landscape where the surging momentum of China’s healthcare industry is blossoming and its growth vitality is erupting with immense power, while also etching the distinguished marks of the listed companies.
We pay tribute to every enterprise on the list. You are the warriors scaling the technical Mount Everest, the master craftsmen reshaping the industrial landscape, and the lighthouses safeguarding life and health. We call upon more peers to join hands, making the HGR List a brilliant star illuminating the path ahead, inspiring the entire industry to wield innovation as a sharp blade and responsibility as a sturdy shield, as we collectively embark on the grand journey toward “Healthy China 2030.”
The glory of China’s healthcare industry is being written by us!