Investment Rating - The report indicates a stable growth trend in the pharmaceutical industry, suggesting a positive investment outlook for the sector. Core Insights - The global pharmaceutical market is projected to grow from $1,401.2 billion in 2021 to $1,638.7 billion by 2024, driven by economic development, population growth, and aging demographics [1][2]. - The global chemical drug market is expected to increase from $1,063.0 billion in 2021 to $1,155.6 billion by 2024 [3]. - The Chinese pharmaceutical market is anticipated to grow from ¥1,797.7 billion in 2023 to ¥1,931.2 billion in 2024 [4]. - The Chinese chemical drug market is projected to rise from ¥785.8 billion in 2023 to ¥809.4 billion in 2024 [5]. - The Chinese traditional medicine market is expected to grow from ¥477.2 billion in 2023 to ¥501.5 billion in 2024 [7]. - The Chinese biopharmaceutical market, although currently smaller, is forecasted to grow significantly from ¥534.7 billion in 2023 to ¥620.3 billion in 2024, outpacing the growth of chemical and traditional medicines [10]. Summary by Sections Global Pharmaceutical Market - The global pharmaceutical market is on a stable growth trajectory, with a market size expected to reach $1,638.7 billion by 2024, up from $1,401.2 billion in 2021 [1][2]. Global Chemical Drug Market - The chemical drug segment is projected to grow from $1,063.0 billion in 2021 to $1,155.6 billion by 2024, indicating a steady increase in demand [3]. Chinese Pharmaceutical Market - The Chinese pharmaceutical market is set to expand from ¥1,797.7 billion in 2023 to ¥1,931.2 billion in 2024, reflecting a robust growth trend [4]. Chinese Chemical Drug Market - The Chinese chemical drug market is expected to grow from ¥785.8 billion in 2023 to ¥809.4 billion in 2024, showcasing a positive outlook [5]. Chinese Traditional Medicine Market - The traditional medicine market in China is projected to increase from ¥477.2 billion in 2023 to ¥501.5 billion in 2024, indicating growth potential [7]. Chinese Biopharmaceutical Market - The biopharmaceutical market in China is anticipated to grow from ¥534.7 billion in 2023 to ¥620.3 billion in 2024, with growth rates significantly higher than those of chemical and traditional medicines [10].
医药行业市场呈稳定增长趋势
2024-08-02 11:00