Market share of chemical companies

The market share of chemical pharmaceuticals in the global market is 72.4%, while the market share of biopharmaceuticals is 27.6%. In the Chinese market, chemical drugs, traditional Chinese medicine, and biopharmaceuticals together constitute the pharmaceutical market, with chemical drugs accounting for 45.7% of the market share, traditional Chinese medicine accounting for 27.2%, and biopharmaceuticals accounting for 27.1%.
Global market share of chemical pharmaceuticals
The market share of chemical pharmaceuticals in the global market is 72.4%, while the market share of biopharmaceuticals is 27.6%.
Market share of chemical pharmaceuticals in China
In the Chinese market, the market share of chemical drugs is 45.7%, traditional Chinese medicine is 27.2%, and biopharmaceuticals is 27.1%. In addition, the trend in the Chinese market shows a downward trend in the market share of chemical drugs and traditional Chinese medicine, while the market share of biopharmaceuticals continues to grow.
Development Trends in the Chemical Pharmaceutical Industry
Technological innovation: Technological innovation is the key to enhancing the market competitiveness of chemical pharmaceutical enterprises. By developing new drugs and improving production processes, enterprises can continuously launch products with competitive advantages, thereby increasing market share.
Policy support: The government provides significant policy support to the chemical pharmaceutical industry, promoting its healthy development through a series of policy measures. Policy measures such as encouraging innovation and improving quality standards may promote enterprises with innovative capabilities and high-quality products to increase their market share.
Market demand: As the global population aging trend intensifies, the incidence rate of chronic diseases increases, which drives the demand for drugs to treat chronic diseases, such as cardiovascular diseases, diabetes, cancer, etc.