Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Expedited regulatory reviews, accompanied by surging novel drug pipelines and a realigned distribution system will propel the Chinese pharma industry
save 10 %
* Required Fields
Pay by invoice
With over-4000 pharmaceutical players, China is the second largest pharmaceutical industry globally. Although highly fragmented, global pharma and biopharmaceutical players such as Novartis, Novo Nordisk, and AstraZeneca, have a significant hold capturing at least 8-10% of the market. The market being highly dependent on its distributor networks, leading pharma players including Sinopharm and Shanghai Pharmaceuticals have a strong control on these networks.
In line with the changing market trends, the Chinese Government is increasingly focused on changing its status from an imitator to innovator, by propelling its biologics pipeline. At present, the country holds a pipeline of over 700 molecules. Also, this transition calls for greater technological advancements in the form of advanced manufacturing technologies such as single use and continuous manufacturing processes, which are essentially aimed at supporting the changing trend of small volume-high value manufacturing. As a result, the industry is witnessing a consolidation spree with over 243 deals witnessed in early 2019.
Inspite of a budding innovator drug industry, the Chinese Government is equally focused on promoting and supporting its 2000-year old Traditional Chinese Medicine (TCM) market with the issuance of the ‘Outline of the Strategic Plan on the Development of Traditional Chinese Medicine (2016-2030)’, making TCM development a national strategy, as a part of the Healthy China 2030 initiative. The Government plans to release new standards for 150-200 concentrated TCM Granules (CTCMG), that are likely to facilitate a strong market growth. In addition, other APAC countries including Japan have raised precise guidelines regarding the use of correct ingredients and processing of TC products in Japan, which will further propel the segment growth.
The present growth insights study for China’s Pharmaceuticals Industry covers some of the leading industry trends across the Chinese pharma market while highlighting the impact of the changing regulatory landscape on individual segments. Also, the study provides a deep-dive analysis on industry segments including small molecules, OTC, TCM, and Biologics (innovator vs. biosimilars). Some of the key aspects covered in this study include:
1) What are the key market trends supporting the expansion of the Chinese pharmaceutical industry?
2) What are the leading markets segments supporting market growth? How will they impact market growth in the future?
3) Who are the leading market participants in the market and what is their contribution to the market progression?
4) What are the major growth opportunities across the market? What kind of impact would these have on the market growth?
5) What are the key regulatory and pricing changes across the Chinese pharma market? How are these changes expected to affect the market in the long run?
2019 Healthcare Industry Outlook for the Gulf Cooperation Council Countries
Global Healthcare Market Outlook, 2020
Analysis of the Global Cardiac Monitoring Market, Forecast to 2023
Advances and Emerging Technologies in Interventional Radiology
Image Sensors: R&D Portfolio and Opportunity Analysis
Novel Enzyme Technologies for Pharmaceutical Applications
Respiratory Disorders Market in United States, Forecast to 2022
Advanced Visualization Technologies Improving Medical Imaging and Diagnosis
Impact of Nanomaterials on the Performance of Medical Implants
Imaging Innovations for Breast Cancer Diagnosis
heavy truck market
thermal spray coatings market
digital signage market
commercial uav market
consumer drone market
natural gas market
diabetes care devices market
electric car market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.