关键词:Demand for pharmaceuticals;growing rapidly;20% CAGR;Major long-term pharmaceuticals industry;pharmaceuticals market
摘 要:Demand for pharmaceuticals in China growing rapidly; almost 20% CAGR.With rapidly growing economy, good healthcare becoming affordable to most of the population, translating into additional demand for pharmaceuticals.Major long-term pharmaceuticals industry driver in China likely to be population ageing; life expectancy in China is quite high and number of children (who would support elderly later) capped due to country’s onechild policy.With rapid expansion of pharmaceuticals market, competitive imports emerged, posting 22% CAGR over review period.