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    Home > Medical News > Medical World News > The Chinese medicine industry has grown by nearly 200 billion yuan in 10 years! In the future, enterprises may focus on this section

    The Chinese medicine industry has grown by nearly 200 billion yuan in 10 years! In the future, enterprises may focus on this section

    • Last Update: 2022-09-14
    • Source: Internet
    • Author: User
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    【Pharmaceutical Network Market Analysis】 Chinese medicine is the material foundation
    for the inheritance and innovation of traditional Chinese medicine.

    Under the joint promotion of relevant departments, the industrial development of Chinese medicine, the quality improvement of Chinese medicine, and the scientific and technological innovation of Chinese medicine have shown a good development trend
    .

    According to the statistics of the national pharmaceutical industry, from 2012 to 2021, the main income of the Chinese medicine industry has increased by nearly 200 billion yuan in the past ten years, that is, from 515.
    6 billion yuan to nearly 700 billion yuan
    .

    In addition, according to the performance reports of the first half of 2022 released by 73 A-share Chinese medicine-related listed companies, the performance of Chinese medicine in the first half of the year was extraordinary
    .

    Among them, 47 have achieved revenue growth, and 28 have revenues of more than 1 billion yuan
    .

    Analysts said that China's traditional Chinese medicine industry will show a steady growth trend on the basis of strong support of policies and broad masses, and it is expected that the scale of the traditional Chinese medicine market will reach 1,042.
    8 billion yuan in 2022, with an annual compound growth rate of more than
    5%.

    Nowadays, the Chinese medicine industry is developing steadily, and in the face of future development, many Chinese medicine companies have said that they will focus on the big health industry
    .

    For example, Yangzijiang Pharmaceutical said that fully exploring the characteristic advantages of traditional Chinese medicine in "curing diseases before they occur" and then laying out the big health industry is undoubtedly the focus of
    Yangtze river pharmaceutical industry in the future.

    It is reported that in order to further realize industrialization and make every effort to build a large health industry system, Yangzijiang Pharmaceutical Has landed in Longfengtang Traditional Chinese Medicine Industrial Park
    .

    The industrial park has placed high-tech and intelligent elements in the design process, introduced more than 400 sets of domestic and foreign intelligent equipment and more than 10 sets of information systems, and formed a complete set of modern overall solutions from the pre-treatment of Chinese herbal medicines
    to the extraction.

    Yiling Pharmaceutical also said that the company actively laid out the chemical and health industry, and built a pharmaceutical and health industry pattern
    in which traditional Chinese medicine, chemical biologics and health industry developed in synergy and promoted each other.

    In the future, Yiling Pharmaceutical will focus on the big health industry, and in terms of product layout, the company will launch prescription drugs
    from three dimensions: network disease (chronic disease), sub-health, and healthier.

    It is reported that Ling Pharmaceutical began to lay out the big health industry a few years ago, and its efforts to build Ling Health Technology Co.
    , Ltd.
    to "tongluo - nourishing essence - moving - jingshen" health care eight characters as the cultural leadership, fully excavate the theoretical essence of traditional Chinese health care, adhering to the concept of traditional Chinese medicine to treat the pathology, integrating modern technology, carrying out multi-faceted health product research and development and health management services, and establishing a health industry system of "medicine, medicine, health, health", online and offline integration

    The health industry is a special sunrise industry related to the national economy and people's livelihood, with a wide coverage and long industrial chain, which directly affects the development of many industries in
    the national economy.

    With the social and economic development of our country, there is cross-cutting and integration between multidisciplinary, multi-field and multi-sectoral health-related, and the era of great health is striding forward
    .

    Chinese medicine has been used for a long time in the field of great
    health.

    In recent years, with the aging of the population, the continuous upgrading of consumption, and the promotion of a series of favorable policies, the industry combining traditional Chinese medicine and great health has received increasing attention, and the future market of traditional Chinese medicine health services has broad
    prospects.

    The industry believes that looking forward to the "14th Five-Year Plan" of Chinese medicine, there are four major directions that are optimistic, namely Traditional Chinese Medicine Diagnosis and Treatment, Chinese Medicine OTC, Formula Granules and Innovative Chinese Medicine Drugs
    .

    Among them, from the perspective of TCM diagnosis and treatment services, the industry believes that this field has received policy support and is in a period of
    rapid growth.

    It is predicted that by 2030, this market size will reach 1,839 billion yuan, with a compound annual growth rate of 18.
    2%, and the future market size is huge
    .

    Disclaimer: In no event shall the information or opinions expressed herein constitute investment advice
    to any person.

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