Chinese Medicine Injection Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2028
The global Chinese medicine injection market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022-2028). The increase in the prevalence of cerebral infection is one of the primary driving factors that is contributing in the Chinese medicine injection market growth. Cerebral infraction, often known as stroke, it occurs when the blood flowing to the brain is disturbed owing to blood vessel rupture or clotting. The market’s increase can be attributed to factors that contribute to cerebral infarction, such as stress, poor eating habits, a lack of physical activity, and smoking. Acute cerebral infarction (ACI) is commonly treated with Chinese medicine injections (CMIs) that in turn is boosting market growth. Moreover, another key growth driver in the market is increasing number of patients living with hypertension, diabetes, and obesity. According to the World Health Organization (WHO), in 2019, hypertension has affected 1.13 billion people globally and diabetes also claimed the lives of nearly 1.5 million people.
Some of the key players profiled in the study are GreenValley Inc., ZHEJIANG KANGLAITE GROUP CO. LTD, Shandong Buchang Pharmaceuticals Co., Ltd., Livzon, Harbin Pharmaceutical Group Holding Co. Ltd., among others.
Chinese Medicine Injection Market Segmentation:
By Product Type
- Detoxification
- Cardiovascular Disease Medication
- Cerebrovascular Disease Medication
- Anti-tumor Drugs
- Other
By Application
- Adult
- Children
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Key questions answered in this report:
- What is the size of the Chinese Medicine Injection market and what is its expected growth rate?
- What are the primary driving factors that push the Chinese Medicine Injection Market forward?
- What are the Chinese Medicine Injection Industry’s top companies?
- What are the different categories that the Chinese Medicine Injection Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Chinese Medicine Injection Market sample report and company profiles?
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