China-Pharmaceutical-Industry-Report.pdfVIP

China Pharmaceutical Industry Report Current Status and Future Growth November 2010 Table of contents 1. Introduction 2 1.1. Pharmaceutical Expansion 2 1.2. Balanced Growth 2 1.3. Healthcare Reform 2 2. Current Composition of China’s Pharmaceutical Market 4 2.1. Defining a Market 4 2.1.1. PCF Sector 5 2.1.2. TCM Sector 6 2.1.3. Biologic Sector 6 2.1.4. OTC Market 6 2.2. Demographics 6 2.2.1. Rural China 7 2.2.2. Urban China 7 2.2.3. Healthcare 7 2.3. Health Status 8 2.3.1. Communicable Disease 8 2.3.2. Chronic Disease Prevalence 9 2.4. Market Size 9 2.4.1. Latent Demand 10 2.4.2. Overall Market Potential 11 3. Market Growth 12 3.1. Market Forecast 12 3.1.1. Urban Rural Market Forecasts 12 3.2. Implications of Reform 13 3.2.1. Healthcare Expansion 13 3.2.2. Infrastructure Development 14 3.2.3. Physician Expansion and Retraining 15 3.2.4. Hospital Finance Reform 15 3.3. Income Growth 16 3.4. Increased Prevalence of Chronic Disease 18 3.4.1. Increasing Older Population 19 3.4.2. Urbanization 19 3.4.3. Smoking 20 4. References 21 Prepared by: ChinaBio® LLC Zhangjiang Hi-Tech Park Shanghai, China +86 5137 0751 +1 858 926 4566 gscott@ © Copyright 2010 ChinaBio LLC. All rights reserved. 1 1. Introduction 1.1. Pharmaceutical Expansion Despite the recent global financial crisis, China’s economic growth is still surpassing expectations as the world’s fastest growing eco