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Life Sciences

In the past several years, China's domestic pharmaceutical consumption has increased dramatically. Pharmaceutical industry sales revenue has grown an average of 21.4 percent annually.  Driven by strong economic growth, increasing urbanization and the health demands of an aging population, China's pharmaceutical market is projected to become one of the world’s largest. By 2020, China is expected to grow its pharmaceutical market volume to $220 billion USD, becoming the second-largest market after the United States.

Deloitte China Life Sciences practice

As a member of the Deloitte Global Life Sciences Industry network, Deloitte China Life Sciences Industry practice works closely with our global counterparts to provide industry players in pharmaceuticals, biotechnology, medical devices, pharmaceutical distribution and CRO with full and feasible solutions with new thinking leveraging our global industry's best practices as well as our knowledge and rich experience in the local market.

Featured highlight

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    Establishing a joint venture in China is a complex and time-consuming task, and there is no guarantee of success or even survival. It is critical for pharma executives to fully understand various pitfalls and manage the partnership for success.
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    The report outlines the top issues facing global life sciences stakeholders, provides a snapshot of activity in a number of geographic markets, and suggests considerations for companies as they seek to grow revenue and market share in 2014 and beyond.
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    Rethinking the role and effectiveness of the Medical Affairs function has become an urgent priority for pharmaceutical companies in China. The report presents our perspective on these challenges and how they can be successfully overcome.
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    Exploring how nearly 300 senior life science executives are meeting the challenges and opportunities of global health care reforms, and the national differences through case studies of China, Brazil and Germany.
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  • The next phase: Opportunities in China's pharmaceuticals market
    This report focuses in particular on pharmaceuticals companies, both domestic and foreign, and their activities in the China market—all from the viewpoint of prospective investors.

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