Chinese Patent Drug Manufacturing in China - Industry Market Research Report

Chinese Patent Drug Manufacturing in China - Industry Market Research Report

Chinese Patent Drug Manufacturing in China

Skepticism about the effectiveness of Western medicine in China has led to the rising popularity of Chinese patent medicine, which is considered to be less toxic and have fewer side effects. Increasingly, patients are choosing traditional Chinese medicine as their primary treatment. Additionally, the aging population and increasing health consciousness are factors contributing to industry demand. Along with the implementation of the Healthy China strategy, reforms in the medical and healthcare system have continued to deepen.

The Chinese Patent Drug Manufacturing industry in China processes Chinese herbs to produce traditional Chinese patent medicine in capsule, powder, and liquid forms. Chinese traditional medicine pills are not manufactured by this industry (see IBISWorld industry report 2730).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.