Research and Development Trend Forecast of Pharmaceutical Equipment Market in China, 2014-2018
Research and Development Trend Forecast of Pharmaceutical Equipment Market in China, 2014-2018 mainly analyzes China’s pharmaceutical equipment industry in the aspects of current market status, supply & demand, competition landscape, and business performance of domestic major enterprises, as well as offers suggestions concerning pharmaceutical equipment industry, so as to make entrepreneurs get a better understanding of this industry and make a wiser decision with the help of the business references.
China’s pharmaceutical equipment industry has a late start. It mainly manufactures equipments by making foreign ones as the prototypes, so its manufacturing ability has major gaps between foreign invested enterprises. In the past, almost all high-end pharmaceutical equipments that used by domestic pharmaceutical enterprises were imported ones with expansive price. While now, China’s pharmaceutical equipment enterprises have developed rapidly, and there are a certain number of high-end equipments can be successfully produced in China, which has powerfully promoted the upgrading of China’s own pharmaceutical equipment industry, and saved plenty of capital for domestic pharmaceutical enterprises.
In recent few years, the robust development of China’s pharmaceutical manufacturing industry has aroused the foreign invested enterprises’ craving for a big bite of the market share. Foreign enterprises have spared no effort to enter into China’s market and penetrate into Chinese enterprises, so as to exert an influence on the industry.
The annual sales revenue of China’s entire pharmaceutical equipment industry from 2010 to 2012 was CNY 15.6 billion, CNY 20 billion and CNY 25.2 billion, with respective growth rate of 52%, 28% and 26%. The sales revenue in 2013 has generated about CNY 30.7 billion, up 22% over last year.