Core Insights - The demand for medical magnesium oxide is steadily increasing due to the aging global population and rising disease incidence, with the market size in China projected to reach 652 million yuan in 2024, a year-on-year increase of 12.7% [1][8]. Industry Overview - Magnesium oxide (MgO) is an inorganic compound widely used in the pharmaceutical industry as an antacid, laxative, and magnesium supplement for treating conditions like gastritis, gastric ulcers, constipation, and magnesium deficiency [1][4]. - The quality standards for pharmaceutical excipients in China's medical industry are continuously improving, leading to broader recognition and application of medical magnesium oxide in new drug formulations [1][8]. Industry Chain - The upstream of the medical magnesium oxide industry includes raw materials such as dolomite and magnesite, which are abundant in China, ensuring a stable supply for production [6][7]. - The midstream involves the production of medical magnesium oxide, while the downstream focuses on its applications in the pharmaceutical sector [6]. Market Dynamics - The production capacity of magnesium oxide in China is expected to reach 24.38 million tons in 2024, with a year-on-year increase of 3.7%, and the demand is projected to reach 21.78 million tons, up 4.5% [8]. - The industry is primarily dominated by small to medium-sized enterprises, with high-purity pharmaceutical-grade magnesium oxide production technology still not fully scaled [10][11]. Competitive Landscape - Domestic companies are enhancing their competitiveness through technological breakthroughs and supply chain integration, focusing on high-end product development [11]. - Key players in the medical magnesium oxide sector include Hebei Magnesium Technology Co., Ltd., Hebei Baisite Pharmaceutical Co., Ltd., and others, with some companies pioneering unique production processes [11][12]. Development Trends - Technological innovation is expected to drive the industry forward, with new production techniques improving the purity and quality of medical magnesium oxide while reducing costs [12]. - The industry is also moving towards greener and more sustainable practices, necessitating increased investment in environmental protection and advanced equipment [13][14].
研判2025!中国医用氧化镁行业产业链、发展现状、竞争格局及未来趋势分析:老龄化推高医药需求,中国医用氧化镁市场规模持续增长[图]
Chan Ye Xin Xi Wang·2025-11-01 01:20