|
Medicine Sales
RMB billion
| |
Western |
Traditional Chinese |
Total |
| 2003 |
156.60 |
59.76 |
227.56 |
| 2004 |
178.55 |
63.04 |
252.22 |
Source: National Bureau of Statistics,
- China ’s domestic drug industry has more than 4,000 small manufactures
Source: Reuters 2006-03-21
Pharmaceutical sales
US$ billion
|
|
Hospital sales
|
Retail sales
|
Market value
|
| 2001 |
4.50 |
0.45 |
15.22 |
| 2002 |
4.90 |
0.49 |
17.99 |
| 2003 |
6.00 |
0.60 |
21.40 |
| 2004 |
7.60 |
0.76 |
25.08 |
| 2005 |
9.30 |
0.93 |
35.54 |
- Health spending is set to rise to 7-8% of GDP by 2010.
Source: Development and Research Center of the State Council 2006-03-21
Top Foreign pharmaceutical firms, 2005
US$ million
|
|
Profit
|
| 1 |
Xi’an Janssen |
275.64 |
| 2 |
Bristol-Myers Squibb Company |
105.34 |
| 3 |
Roche |
100.66 |
| 4 |
AstraZeneca |
100.41 |
| 5 |
GSK Tianjin |
89.18 |
| 6 |
GSK China |
77.69 |
| 7 |
Merck China |
74.57 |
| 8 |
Pfizer Pharmaceuticals Dalian |
70.06 |
Source: China Security Research
- Multinationals have over 600 active joint ventures in China pharmaceutical sector.
Source: Reuters 2006-03-21
Domestic pharmaceutical firms, 2005
US $ billion
| |
|
Production value |
| 1 |
Jiangsu Yangtze River Pharmaceutical Group |
1.26 |
| 2 |
Harbin Pharmaceutical Group |
0.86 |
| 3 |
Shijiazhuang Pharmaceutical Group |
0.69 |
| 4 |
Huabei Pharmaceutical Group |
0.60 |
| 5 |
Shandong Xiwang Group |
0.57 |
| 6 |
Northeast Pharmaceutical Group |
0.52 |
| 7 |
Shenghua Group |
0.48 |
| 8 |
Xi’an Janssen |
0.41 |
| 9 |
China Xiuzheng Group |
0.41 |
| 10 |
Luzhou Food Group[ |
0.31 |
Source: China Security Research
Global pharmaceutical firms, 2005
US $ billion
| |
|
Production value |
| 1 |
Pfizer |
51.35 |
| 2 |
Johnson & Johnson |
50.51 |
| 3 |
GSK |
39.37 |
| 4 |
Sanofi_Aventis |
35.43 |
| 5 |
Novartis |
32.21 |
| 6 |
Roche |
28.49 |
| 7 |
Astra Zeneca |
23.95 |
| 8 |
Abbott |
22.34 |
| 9 |
Merck |
22.01 |
| 10 |
Bristol-Myers Squibb China |
20.22 |
Source: China Security Research
Pharmaceutical market structure
%
| |
2002 |
2005 |
| Chemical raw materials |
23.86 |
26.39 |
| Chemical preparation |
31.26 |
28.03 |
| Traditional medicine |
27.38 |
26.73 |
| Biological and biochemistry products |
8.12 |
7.54 |
| Medical appliance |
2.68 |
3.92 |
| Medical device |
6.71 |
7.40 |
Source: China Security Research
- China will become world’s fifth most valuable pharmaceuticals market by 2010.
Source: Reuters 2006-03-21
- China could overtake the US as the world’s top drugs market by 2050.
Source: PricewaterhouseCoopers 2006-03-21
|