China Life Science Market

中文

Your gateway to China's Life Sciences Industry

• China is The world’s most promising market for the Life-Science industry
  • In the midst of establishing its national public healthcare system
  • Demand for health services is rising due to aging population and a constant rise in average living standard
• Over 10% CAGR in last decade
• Current market size: 150 $B, including Pharma and medical devices
• Market is expected to exceed 210 $B by 2020
• Today, the Chinese market relies heavily on import, especially in high-tech, high prices Items
• The Chinese government seeks to reduce imports in field, and rely on local manufacturing
• The formulation of a modern, technologically advanced bio-medical and life-science industrial base is highly prioritized in the current government five-year plan