2021 Shanghai biomedical industry ecological Report From DTZ

The following is the 2021 Shanghai biomedical industry ecological Report From DTZ recommended by recordtrend.com. And this article belongs to the classification: Medical health, research report.

The global pharmaceutical and medical device market is expanding on a large scale. With the novel coronavirus pneumonia epidemic awareness gradually enhanced, the income of all the world’s residents rising, the expanding base of medical scientists and professionals, and the wider involvement and integration of technology, we expect that the global market of medicine and medical devices will expand further.

In recent years, small biotechnology companies and large related enterprises have risen rapidly in China. From a global comparison, the maturity of China’s biomedical industry in genetic engineering and innovative drug research and development has reached or even exceeded the level of many other countries.

According to the calculation of the prospective industry research institute, the current market scale of the national biomedical industry is about 3.57 trillion yuan. It is estimated that by 2022, the market scale of China’s biomedical industry will exceed 4 trillion yuan, and there is still room for further growth. In the future, China will strive to make greater breakthroughs in the quality of drugs and medical devices through relevant R & D investment, and become one of the most mature and important biomedical markets in the world.

With the aggravation of aging, medical expenditure is also increasing. The market for pharmaceutical applications and medical devices is expected to continue to expand. Stimulated by a series of favorable economic, demographic and political factors, domestic and foreign biomedical enterprises have gradually invested heavily in Chinese cities. More and more functional departments and the Asia Pacific headquarters of many companies have been or intend to set up in China to ensure the medium and long-term sustainable business development of these companies in the future.

Since 2009, the Shanghai municipal government has continuously formulated development plans, including the action plan for the urban biomedical industry. At present, Shanghai has realized the development of the whole industrial chain from “R & D, clinical trial, manufacturing, and finally sales and application”. In terms of biomedical industrial park, the city has formed a “1 + 5 + X” spatial layout. In 2020, the scale of Shanghai’s biomedical industry reached 600 billion yuan, almost six times that of 2008.

Shanghai has obvious advantages in policy, R & D, talent reserve, capital market and the gathering of world-famous Biopharmaceutical Enterprises. Leading enterprises at home and abroad will be headquartered in this city. Among the 57 world-famous biomedical enterprises, about 41 have set up headquarters, R & D centers, branches, offices, functional departments or factories in Shanghai.

In addition, Shanghai can provide huge commercial support for newly registered biomedical companies in the city, including some of the country’s highest levels of financial incentives. In May 2021, several opinions on promoting the high-quality development of the biomedical industry in this city were issued to focus on supporting the development of the four main components of the biomedical industry, namely innovative drugs, high-end medical devices, advanced biomedical equipment and materials, and new service outsourcing.

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