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
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