China – Healthcare, Regulatory and Reimbursement Landscape

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GlobalData, the industry analysis specialist, has released its latest report “China – Healthcare, Regulatory and Reimbursement Landscape”. The report is an essential source of information on analysis of the healthcare, regulatory and reimbursement landscape in China. It identifies the key trends in the country’s healthcare market and provides insights into its demographic, regulatory and reimbursement landscape, and healthcare infrastructure. Most importantly, the report provides valuable insights into the trends and segmentation of its pharmaceutical and medical device markets. It uses data and information sourced from proprietary databases, secondary research, and in-house analysis by GlobalData’s team of industry experts.

The Chinese pharmaceutical industry was valued at $72.1B in 2012 and grew to $134.6B in 2018. It is expected to reach $300.9B by 2025 at a Compound Annual Growth Rate (CAGR) of 12.2%. The increasing elderly population, expanding social health insurance, and regulatory reforms aimed at innovation and minimizing approval timelines are some of the factors driving the growth of the Chinese pharmaceutical market. China’s medical devices market was valued at $28.66B in 2015, which increased to $35.26B in 2019 at a CAGR of 5.36%. It is expected to grow at a CAGR of 5.90% from 2021 to reach $49.40B in 2025. The China’s 14th Five-Year Plan (2021–2025) and the Made in China (MIC) 2025 initiative are intended to strengthen innovation, develop an efficient domestic supply chain, and transform China into a “manufacturing superpower”.

Scope

The report provides information on the healthcare, regulatory, and reimbursement landscape in China, and includes:

An overview of the pharmaceutical and medical device markets, comprising market size, segmentation, and key drivers and barriers

Profiles and SWOT analyses of the major players in the pharmaceutical market: Pfizer, Novartis, Sinopharm, Jiangsu Hengrui Medicine, and Beijing Tong Ren Tang

Profiles and SWOT analyses of the major players in the medical device market: Abbott, Medtronic, Roche Diagnostics, Boston Scientific, and Shinva

An insightful review of the COVID-19 epidemiology, COVID-19 impact and developments in healthcare market, HealthTech landscape, reimbursement and regulatory landscape, with analysis covering details of the country’s healthcare reimbursement process, regulatory agencies and the approval processes for new drugs and medical devices

Detailed analysis of the country’s healthcare policy highlights, demographics, healthcare infrastructure and healthcare expenditure

An overview of the opportunities for and challenges to growth in the Chinese healthcare market

Reasons to Buy

This report will enhance your decision-making capability by allowing you to:

Develop business strategies by understanding the trends shaping and driving China’s healthcare market

Drive revenues by understanding the key trends, reimbursement and regulatory policies, pharmaceutical market segments and companies likely to impact China’s healthcare market in the future

Formulate effective sales and marketing strategies by understanding the competitive landscape and analyzing competitors’ performance

Organize your sales and marketing efforts by identifying the market categories and segments that present the most opportunities for consolidation, investment and strategic partnership

Table of Contents

1. Table of Contents

1.1List of Figures

1.2 List of Tables

2. Executive Summary

2.1 Executive Summary

2.2 Key Highlights: Facts about the Chinese Healthcare Market

2.3 Key Highlights: Healthcare Startups in China

2.4 Key Events: Chinese Healthcare Timeline, 2015–2021

2.5 Key Events: Facts About the Chinese Pharmaceutical Market

2.6 Key Events: M&As, VC & PE Deals, Global Pharmaceutical Market, 2019–2020

2.7 Key Events: Top Completed Deals by Value, 2019–2020

2.8 Country Profile, China, 2020

3. Overview of Pharmaceutical Market

3.1 Pharmaceutical Market – Overview

3.2 Pharmaceutical Market – Exports

3.3 Pharmaceutical Market – Imports

3.4 Pharmaceutical Market – Supply Channels, China

3.5 Pharmaceutical Market – Market Segments

3.6 Pharmaceutical Market – Market Segment, Generics, China

3.7 Pharmaceutical Market – Market Segment, Biologics and Biosimilars, China

3.8 Pharmaceutical Market – Market Segment, Over-the-Counter Medicines, China

3.9 Pharmaceutical Market – Market Segment, Traditional Chinese Medicines, China

3.10 Pharmaceutical Market – Market Segment, Cell and Gene Therapy, China

3.11 COVID-19 Epidemiology, China

3.12 COVID-19 Impact and Developments in the Healthcare Market, China

3.13 COVID-19 Clinical Trials Landscape, China

3.14 Major Therapeutic Areas, China

3.15 Pharmaceutical Market – Major Players

4. Overview of Medical Devices Market

4.1 Medical Device Market – Overview

4.2 Medical Devices Market – Major Players

5. Pharmaceutical and Medical Devices Market – Drivers and Barriers

5.1 Drivers

5.2 Barriers

6. Deal Analysis

6.1 Deal Analysis: Pharmaceutical Market, China, 2020–2021

6.2Deal Analysis: Medical Devices Market, China, 2020–2021

7. HealthTech Landscape

7.1 HealthTech Deals Landscape, China

7.2 Key HealthTech Deals, China

7.3 Adoption of Technology in Healthcare, China

7.4 Regulatory Scenario Covering Use of Technology in Healthcare, China

7.5 HealthTech Landscape: Benefits and Risks, China

8. Market Access

8.1 Overview of Healthcare System, China

8.2 Reimbursement Process, China

8.3 Overview of Insurance Providers, China

8.4 Out-of-Pocket Spending and Consumer Price Index, China

8.5 Pricing Policies, China

8.6 Regulatory Landscape, China

8.6.1 Overview of Regulatory Agencies

8.7 Marketing Authorization for Pharmaceutical Products, China

8.8 Marketing Authorization for Generic Drugs, China

8.9 Market Authorization for Medical Devices, China

8.10 Intellectual Property Rights, Patent, China

8.11 Intellectual Property Rights, Trademark, China

8.12 Pharmaceutical Clinical Trials Landscape, China

8.13 Medical Devices Clinical Trials Landscape, China

8.14 Pharmaceutical Advertisement Regulations, China

8.15 Labeling and Packaging Regulations, China

9. Country Healthcare Landscape

9.1 Healthcare Policy Highlights, China

9.2 Healthcare Facilities, China

9.3 Life Expectancy and Immunization Rate, China

9.4 Environmental Health, China

9.5 Healthcare Personnel, China

9.6 Disease Burden, China

9.7 Healthcare Expenditure, China

9.8 Pharmaceutical R&D Expenditure, China

10 Trade Associations, China

11 Trade Fairs, China

12 Opportunities and Challenges

13 Appendix

13.1 Research Methodology

13.1.1 Coverage

13.1.2 Secondary Research

13.1.3 Forecasts

13.2 Bibliography

13.3 About GlobalData

13.4 Contact Us

13.5 Disclaimer

Table

Table 1: Domestic Companies Dominating Chinese Biosimilar Market, China, 2020

Table 2: NMPA-Approved New Drugs of Local Companies, China, 2020 (Jun’20-Dec’20)

Table 3: NMPA-Approved New Drugs of International Companies, China, 2020 (Aug’20-Dec’20)

Table 4: COVID-19 Indicators (Number of Cases), Global and China, 2020

Table 5: COVID-19 Marketed IVD Products (Oct ‘20 to Jan ‘21), China, 2021

Table 6: COVID-19 IVD Pipeline Products (In Approval Process), China, 2021

Table 7: Top Ten Therapeutic Areas by Morbidity Rate (1/100,000), China, 2019

Table 8: Medical Device Market, China, Major Segments ($M), 2020

Table 9: In Vitro Diagnostics Market, China, Revenue ($M) and Market Share (%) of Major Companies, 2018

Table 10: General Surgery Market, China, Revenue ($M) and Market Share (%) of Major Companies, 2019

Table 11: Orthopedic Devices Market, China, Revenue ($M) and Market Share (%) of Major Companies, 2019

Table 12: Cardiovascular Devices Market, China, Revenue ($M) and Market Share (%) of Major Companies, 2019

Table 13: Wound Care Management Market, China, Revenue ($M) and Market Share (%) of Major Companies, 2019

Table 14: Public Insurance Schemes, China, 2020

Table 15:Drug Classification System, China, 2020

Table 16: Medical Devices Classification, China, 2020

Table 17: Trademark Process Timeline, China, 2020

Table 18: Trade Fairs, China, 2020

Figures

Figure 1: Pharmaceutical Market, China, Revenue ($B), 2012–2020

Figure 2: Medical Devices Market, China, Revenue ($B), 2015–2020

Figure 3: Healthcare Startups in China, 2020

Figure 4: Number of Deals (2019–2020)

Figure 5: 2019–2020 Deal Overview by Region

Figure 6: Country Profile, China, 2020

Figure 7: Pharmaceutical Market, China, Revenue ($B), 2011–2018

Figure 8: Pharmaceutical Market, China, Revenue Forecast ($B), 2019–2025

Figure 9: Pharmaceutical Exports ($B), China, 2010–2019

Figure 10: Top Export Partners, China, 2019

Figure 11: Pharmaceutical Imports ($B), China, 2010–2019

Figure 12: Top Import Partners, China, 2019

Figure 13: Pharmaceutical Supply Channel, China, 2019

Figure 14: Pharmaceutical Drug Sales Channel, China, 2019

Figure 15: Supply Channel Prior to 2017, China, 2019

Figure 16: Two Invoice System, China, 2019

Figure 17: Approval of Category 1 Innovative Products, China, 2015-2019

Figure 18: OTC Market, China, Revenue ($B), 2011–2020

Figure 19: OTC Medicines Market, Major Categories ($B), China, 2020

Figure 20: OTC Medicines Market, Major Distribution Channels ($M), China, 2020

Figure 21: Traditional Medicines, Revenue ($B), China, 2011–2020

Figure 22: Traditional Medicines, Per Capita Expenditure ($), China, 2011–2020

Figure 23: COVID-19 (Cases), China, 2020

Figure 24: COVID-19 (Deaths), China, 2020

Figure 25: Timeline of Facts & Control Measures During COVID-19 Epidemic, China, Dec ‘19 – Feb ’20

Figure 26: NMPA-approved Drug Applications Amid COVID-19 Epidemic, China, Q1 2019-Q1 2020

Figure 27: NMPA-approved Drug Applications Amid COVID-19 Epidemic, China, 2020

Figure 28: COVID-19 Clinical Trials Count By Trial Status, China, 2020

Figure 29: COVID-19 Clinical Trials Count By Phase, China, 2020

Figure 30: Top Five COVID-19 Clinical Trials Sponsors By Count, China, 2020

Figure 31: Top Five Therapeutic Areas by Morbidity Rate (%), China, 2019

Figure 32: Medical Device Market, China, Revenue ($B), 2015–2020

Figure 33: Medical Device Market, China, Revenue Forecast ($B), 2021–2025

Figure 34: Medical Device Market, China, Major Segments (%), 2020

Figure 35: In Vitro Diagnostics Market, China, Revenue ($B), 2017–2025

Figure 36: In Vitro Diagnostics Market, China, Market Share of Major Players (%), 2019

Figure 37: General Surgery Market, China, Revenue ($M), 2015–2022

Figure 38: General Surgery Market, China, Market Share of Major Players (%), 2019

Figure 39: Orthopedic Devices Market, China, Revenue ($B), 2017–2025

Figure 40: Orthopedic Devices Market, China, Market Share of Major Players (%), 2019

Figure 41: Cardiovascular Devices Market, China, Revenue ($B), 2017–2025

Figure 42: Cardiovascular Devices Market, China, Market Share of Major Players (%), 2019

Figure 43: Wound Care Management Market, China, Revenue ($B), 2017–2025

Figure 44: Wound Care Management Market, China, Market Share of Major Players (%), 2019

Figure 45: Diagnostic Market, China, Revenue ($B), 2015–2020

Figure 46: Diagnostic Market, China, Revenue ($B), 2021–2025

Figure 47: Medical Devices Market, Revenue ($B) of Major Companies, China, 2019

Figure 48: Deal Value and Deal Count, Pharmaceutical Market, China, 2020–2021

Figure 49: Deal Value and Deal Count Sub-types, Pharmaceutical Market, China, 2020–2021

Figure 50: Deal Value and Deal Count, Quarterly, Pharmaceutical Market, China, 2020–2021

Figure 51: Top Five Therapy Areas by Deal Value ($M), Pharmaceutical Market, China, 2020–2021

Figure 52: Top Five Therapy Areas by Deal Number, Pharmaceutical Market, China, 2020–2021

Figure 53: Venture Financing Deals by Quarter, Pharmaceutical Market,

China, 2020–2021 (by value and by number)

Figure 54: Private Equity Deals by Quarter, Pharmaceutical Market,

China, 2020–2021 (by value and by number)

Figure 55: Deal Value and Deal Count, Medical Devices Market,

China, 2020–2021

Figure 56: Deal Value and Deal Count Sub-types, Medical Devices Market,

China, 2020–2021

Figure 57: Deal Value and Deal Count, Quarterly, Medical Devices Market,

China, 2020–2021

Figure 58: Top Equipment Sectors by Deal Value, Medical Devices Market, China, 2020–2021

Figure 59: Top Equipment Sectors by Deal Count, Medical Devices Market, China, 2020–2021

Figure 60: Venture Financing Deals by Quarter, Medical Devices Market, China, 2020–2021 (by value and by number)

Figure 61: Deal Value ($B), HealthTech, China, 2019–2021

Figure 62: Deal Count, HealthTech, China, 2019–2021

Figure 63: Organization of Healthcare System, China, 2020

Figure 64: National Reimbursement Drug List Process, China, 2020

Figure 65: National Reimbursement Drug List Classification, China, 2020

Figure 66: Total Revenue Share of Social Insurance Fund (%), China, 2012-2019

Figure 67: Revenue and Expenditure of Basic Medical Insurance ($), China, 2014–2019

Figure 68: Percentage Revenue Share of Various Social Insurance Funds, China, 2019

Figure 69: OOP Expenditure (% of total expenditure on health), China, 2012–2020

Figure 70: Annual Rate of Change (%), Health Price Index, China, 2012–2019

Figure 71: Pricing Policies, China, 2020

Figure 72: Drug Movement from Market Authorization to Patient Use, China, 2019

Figure 73: Ministry of Food and Drug Safety, Organization Chart, 2020

Figure 74: Center for Drug Evaluation Organization Chart, China, 2019

Figure 75: Timeline for CFDA Reforms, China, 2017–2021

Figure 76: Drug Approval Process, China, 2020

Figure 77: Generic Drug Approval Process, China, 2020

Figure 78: Medical Device Approval Process, China, 2020

Figure 79: Patent Approval Process, China, 2020

Figure 80: Patent Approval Procedure, China, 2020

Figure 81: Trademark Process, China, 2020

Figure 82: Pharmaceutical Clinical Trials Count By Trial Status, China, 2019–2020

Figure 83: Pharmaceutical Clinical Trials Count By Phase, China, 2019–2020

Figure 84: Pharmaceutical Clinical Trials Count By Indication, China, 2019–2020

Figure 85: Top Five Pharmaceutical Clinical Trials Sponsors By Count, China, 2019–2020

Figure 86: Medical Devices Clinical Trials Count by Trial Status, China, 2019–2020

Figure 87: Medical Devices Clinical Trials Count by Indication, China, 2019–2020

Figure 88: Medical Devices Clinical Trials Count by Category, China, 2019–2020

Figure 89: Documents for Advertising Application, China, 2020

Figure 90: Advertising Application Approval Process, China, 2020

Figure 91: Label/Insert Sheet Information, China, 2020

Figure 92: Healthcare Policies, China

Figure 93: Healthy China 2030, Strategic Goals

Figure 94: Number of Hospitals (‘00), China, 2012–2020

Figure 95: Number of Diagnostic Equipment, China, 2012–2020

Figure 96: Number of General and Specialized Hospitals (‘00), China, 2012–2020

Figure 97: Number of Traditional Chinese Medicine Hospitals (‘00), China, 2012–2020

Figure 98: Total Hospital Beds in Medical Institutions (per 1,000 population), China, 2012–2020

Figure 99: Urban Medical Institution Beds (per 1,000 population), China, 2012–2020

Figure 100: Rural Medical Institution Beds (per 1,000 population), China, 2012–2020

Figure 101: Life Expectancy at Birth (Years), China, 2012–2020

Figure 102: Immunization Rate (%), China, 2012–2019

Figure 103: PM2.5 (µg per m3), China, 2012–2019

Figure 104: CO2 Emissions (Billion Tons), China, 2012–2019

Figure 105: Major Causes of Mortality (per 1,000 population), China, 2016

Figure 106: Major Causes of Male Mortality (per 1,000 population), China, 2016

Figure 107: Major Causes of Female Mortality (per 1,000 population), China, 2016

Figure 108: Disability-Adjusted Life Years by Major Disease (per 1,000 population), China, 2016

Figure 109: Healthcare Expenditure as Percentage of GDP (%), China, 2012–2020

Figure 110: Health Expenditure Share (%), China, 2012–2020

Figure 111: Pharmaceutical Expenditure on R&D ($B), China, 2012–2019

Figure 112: Total R&D Expenditure on Manufacturing of Medicines ($B), China, 2012–2019

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