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Top Emerging Pharmaceutical Markets

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China Pharmaceutical Market
Top Emerging Pharmaceutical Markets

Eli Lilly and Company opened its first overseas representative office in Shanghai in 1918.

China could be the world's second largest drug market, after the United States, by 2015, according to IMS Health data.

Market Size in 2011: $63.9 billion

Population: 1.3 billion

Industry Makeup: Very diverse with more than 3,000 local manufacturers, major multinationals and traditional medicine.

Branded vs. Generic: Generics represented about 64 percent of the market by value, with over-the-counter drugs representing about 26 percent.

Distribution: Regional market distribution system utilizing many different distributors.

Main Customers: Hospitals (56 percent), pharmacies (24 percent), local health centers (20 percent)

Sources: IMS Health, PharmaVentures, Espicom

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