China Hospitals and Pharmacy Market is Growing with 12.0% CAGR in the Forecast Period of 2021 to 2028

China Hospitals and Pharmacy Market is growing with factors such as growing number of surgical procedures and rise in geriatric population. Escalation in innovation and technologies has propelled the demand of the market.

However, reluctance among the healthcare organizations to adopt pharmacy automation systems has decreased the demand of the market.

China Hospitals & Pharmacy Market Scenario                        

According to Data Bridge Market Research, the market for hospitals & pharmacy in China has the largest market share. Market leader is Asahi Kasei Corporation which accounts an estimated market share of approximately 10.91%. The company has gained outstanding sale by providing innovative China hospitals & pharmacy market.

  • In January, Shanghai Qiyou Precision Electromechanical Co., Ltd.’s Ai Linghang (pipeline product) was showcased at the Arab Health 2020, held in Dubai. The people observed the new technologically sound pill packaging machine along with a pill box and an alarm system which will minimise the extensive pill packaging process. This will help the product to reach more end users and will thus drive the growth of the market in the upcoming years.

China Hospitals and Pharmacy Market

Trends Impacting the Market

The hospitals & pharmacy market is becoming more competitive with companies such as Asahi Kasei Corporation, Siemens Healthcare GmbH and Medtronic as they are the market leaders for hospitals & pharmacy market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the China hospitals & pharmacy market.

For more analysis on the China hospitals & pharmacy market request for a briefing with our analysts

Hospitals & Pharmacy Market Developments

  • In August 2020, Guangzhou Pharmaceutical Holdings Limited announced about its major focus on TCM business. Moreover, the company has expanded the size of its subsidiaries so as to efficiently carry out the manufacturing of traditional Chinese medicines brand. This expansion helped the company to accelerate its product development and to earn more revenue.

Scope of the China Hospitals & Pharmacy Market

All country based analysis of the hospitals & pharmacy market is further analysed based on maximum granularity into further segmentation. On the basis of component, the market is segmented into equipment, software and services. On the basis of type, the market is segmented into automated prescription formulation and dispensing, automated health assessment and monitoring, automated imaging and image analysis, automated healthcare logistics, resource and personnel tracking, medical robotics and computer-assisted surgical devices, automated therapeutic (nonsurgical) procedures, automated laboratory testing and analysis. On the basis of application, the market is segmented into diagnostics & monitoring, therapeutics, lab & pharmacy automation, medical logistics & training and others. On the basis of connectivity, the market is segmented into wired and wireless. On the basis of end user, the market is segmented into hospital and pharmacies. On the basis of distribution channel, the market is segmented into direct tender, retail sales, online sales and others.

To know more about the study

Key Pointers Covered in China Hospitals & Pharmacy Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and over view of traditional Chinese medicine market
  • Company profiling of top eight players of traditional Chinese medicine market

Key Market Competitors Covered in the Report

  • Takazono Corporation
  • TOSHO co., Inc.
  • YUYAMA Co.,Ltd
  • Shanghai Qiyou Precision Electromechanical Co. Ltd.
  • Shandong New Beiyang Information Technology Co.Ltd.
  • Jiangsu Hanyoung Automation Tech Co.
  • Ltd. HollySys Asia Pacific Pte Ltd.
  • Asahi Kasei Medical Co. Ltd. (a subsidiary of Asahi Kasei Corporation)
  • Intuitive Surgical, Inc.
  • Medtronic
  • Stryker
  • Omnicell, Inc.
  • BD
  • Baxter
  • Siemens Healthcare GmbH
  •  Koninklijke Philips N.V.
  •  GE Healthcare
  •  Johnson & Johnson Services, Inc.

Above are the key players covered in the report, to know about more and exhaustive list of hospitals & pharmacy companies’, contact us

Research Methodology: China Hospitals & Pharmacy Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturer, Healthcare Industry, Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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