China Drug Injection Industry Production & Marketing Demand and Investment Forecast Report, 2013-2017
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And as the Chinese medicine has a special effect on chronic geriatric, the proportion of Chinese medicine consumption to total consumption for the aging is over 60%. There are two major markets for Chinese medicine injection products: the cardiovascular drugs market and the cancer drug market which will mostly benefit from the market expansion due to the aging trend, income and expense growth of medicine consumption.
China has stepped into an aging society since 2000. By 2010, population to China is 1.339 billion of which the 60-year-old or above accounts for 13.26%. And it will be a fast growing period for China aging population from 2011 to 2040. It is predicted that the 60-year-old or above will reach 0.2 billion in 2014 while it will be 0.3 billion in 2026 and China will become a super aging country.
The accelerating aging will benefit the medical industry from a long-term view. And considering from the prevalence rate of chronic disease for the aging, it is as high as 64.5%. Moreover, the course of treatment is long in many cases and with poor prognosis and large cost. View from the medicine consumption ratio for the aging, it is over 50%. Therefore, the accelerating progress of the aging will surely promote the demand of medicine. What’s more, due to the advantages such as rapid and reliable effect, the injection products will be more popular for patients.
And as the Chinese medicine has a special effect on chronic geriatric, the proportion of Chinese medicine consumption to total consumption for the aging is over 60%. There are two major markets for Chinese medicine injection products: the cardiovascular drugs market and the cancer drug market which will mostly benefit from the market expansion due to the aging trend, income and expense growth of medicine consumption.
In the meantime, health of the young and the middle age is threatened by fierce competition and high work pressure. The sub-health is universal which brings along the medical demand. Moreover, the “rich man’s disease” (including diabetes, breast cancer and angiocardiopathy) is along with the fast growth of economy. The prevalence rate is leaping. The medical demand for the treatment of such diseases, and the increasing income make the China injection market maintains a rapid growth. Especially since 2008, the average annual growth rate is over 20%. Forward predicts that the market scale of China injection industry will break through 220 billion Yuan in 2011.
Here, we’d like to express our sincere gratitude to National Statistics Bureau of China, International Information Institute, National Institute of the Ministry of Commerce, National Tsing Hua University Library, Institute of Market Economy of the State Council Development Research Center, and Beijing Qinghua Forward Market Research Center, etc. Thank you so much!
Notice: all the market data, especially the corporation list data in this report is only for business reference. Please don’t take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!
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