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China Pharmaceuticals and Healthcare Report Q3 2012
Date:7/10/2012

NEW YORK, July 10, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

 

China Pharmaceuticals and Healthcare Report Q3 2012

http://www.reportlinker.com/p0135381/China-Pharmaceuticals-and-Healthcare-Report-Q3-2012.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Drug_and_Medication

 

Includes 3 FREE quarterly updates

 

BMI View: Despite the country's calls for cheaper pharmaceutical access, we maintained that China will be a highly attractive market for pharmaceutical players. In addition, its strong pharmaceutical and medical devices trade in 2011 and in the first quarter of 2012 highlight that the general weakness in its macroeconomic has not filter down to the sector and instead the sector performance will largely hinge on the country's healthcare reform plans and the subsequent release of its Second National Essential Drug

List this year.

Headline Expenditure Projections

 

- Pharmaceuticals: CNY432bn (US66.7bn) in 2011 to CNY523bn (US$81.7bn) in 2012; +20.9% in local currency and +22.1% in US dollar terms. Forecast broadly in line with Q212.

- Healthcare: CNY2297bn (US$355bn) in 2011 to CNY2,595bn (US$406bn) in 2012; +13% in local currency terms and +14.1% in US dollar terms. Forecast up from Q212 following receipt of new data.

- Medical Devices: CNY117bn (US$18.2bn) in 2011 to CNY146bn (US$22.8bn) in 2012; +24.4% in local currency terms and +25.7% in US dollar terms. Forecast up from Q212 due to stronger than expected trade.

Risk/Reward Rating: China maintains its score of 62.5 from Q212 and moved up the ranks from the firth to the fourth position on our proprietary index. This is largely due to th
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