Sales value of pharmaceutical market in China 2018-2023

Published by
Wenyi Zhang,
Jan 27, 2022
In China, the coronavirus COVID-19 pandemic could cause a prolonged effect in the pharmaceutical market. In 2020, the sales value of Chinese pharmaceutical market was forecasted to reach around 1.05 trillion yuan before the epidemic. The coronavirus crisis would likely reduce the pharmaceutical market sales by 36 billion yuan.

Sales value of pharmaceutical market in China in 2018 and 2019, with a forecast until 2023 (in billion yuan)

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Release date

March 2020

Region

China

Survey time period

2018 and 2019

Supplementary notes

*Forecast and are based on the constant inflation rate.

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of April 2020).

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