Market Research Report

Innovative Traditional Chinese Medicine Market, Global Outlook and Forecast 2023-2029

  • AMR ID : 7-20327
  • CAT ID : 7
  • Pages : 135
  • Date : Jun 2023
 

The global Innovative Traditional Chinese Medicine market was valued at US$ 1832.6 million in 2022 and is projected to reach US$ 2574.5 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Drug Capsules Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Innovative Traditional Chinese Medicine include Yiling Pharmaceutical, Kanion Pharmaceutical, Tasly, Yangtze River Pharmaceutical, Hutchison, ApicHope, Jiangzhong Pharmaceutical, Buchang Pharma and Guizhou Bailing, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
Chinese medicine innovative drug refers to a new type of medicine developed through innovative research and development based on traditional Chinese medicine or Chinese herbal formulations. It may contain not only the traditional Chinese medicine ingredients, but also synthetic chemical compounds or natural substances, as well as processed and extracted Chinese medicine ingredients. The research and development of Chinese medicine innovative drugs follows the standards and procedures of modern drug development, using modern scientific techniques to screen, extract, and isolate the ingredients of Chinese herbal formulations in order to achieve more significant therapeutic effects, fewer side effects, and better absorption and utilization by the human body. The development of these drugs plays an important role in promoting the modernization and internationalization of traditional Chinese medicine.
This report aims to provide a comprehensive presentation of the global market for Innovative Traditional Chinese Medicine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Innovative Traditional Chinese Medicine. This report contains market size and forecasts of Innovative Traditional Chinese Medicine in global, including the following market information:
Global Innovative Traditional Chinese Medicine Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Innovative Traditional Chinese Medicine companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Innovative Traditional Chinese Medicine Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Innovative Traditional Chinese Medicine Market Segment Percentages, by Type, 2022 (%)
Drug Capsules
Pharmaceutical Granules
Medicine Tablet
Global Innovative Traditional Chinese Medicine Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Innovative Traditional Chinese Medicine Market Segment Percentages, by Application, 2022 (%)
Hospital
Clinic
Others
Global Innovative Traditional Chinese Medicine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Innovative Traditional Chinese Medicine Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Innovative Traditional Chinese Medicine revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Innovative Traditional Chinese Medicine revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Yiling Pharmaceutical
Kanion Pharmaceutical
Tasly
Yangtze River Pharmaceutical
Hutchison
ApicHope
Jiangzhong Pharmaceutical
Buchang Pharma
Guizhou Bailing
Zhangzhou Pien Tze Huang Pharmaceutical
Jumpcan Pharmaceutical
Xiangxue Pharma
KPC Pharmaceutical
CONSUN
Huluwa Pharmaceutical
Fangsheng Pharma
BaiYunShan
Outline of Major Chapters:
Chapter 1: Introduces the definition of Innovative Traditional Chinese Medicine, market overview.
Chapter 2: Global Innovative Traditional Chinese Medicine market size in revenue.
Chapter 3: Detailed analysis of Innovative Traditional Chinese Medicine company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Innovative Traditional Chinese Medicine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
1.1 Innovative Traditional Chinese Medicine Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Innovative Traditional Chinese Medicine Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Innovative Traditional Chinese Medicine Overall Market Size
2.1 Global Innovative Traditional Chinese Medicine Market Size: 2022 VS 2029
2.2 Global Innovative Traditional Chinese Medicine Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Innovative Traditional Chinese Medicine Players in Global Market
3.2 Top Global Innovative Traditional Chinese Medicine Companies Ranked by Revenue
3.3 Global Innovative Traditional Chinese Medicine Revenue by Companies
3.4 Top 3 and Top 5 Innovative Traditional Chinese Medicine Companies in Global Market, by Revenue in 2022
3.5 Global Companies Innovative Traditional Chinese Medicine Product Type
3.6 Tier 1, Tier 2 and Tier 3 Innovative Traditional Chinese Medicine Players in Global Market
3.6.1 List of Global Tier 1 Innovative Traditional Chinese Medicine Companies
3.6.2 List of Global Tier 2 and Tier 3 Innovative Traditional Chinese Medicine Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Innovative Traditional Chinese Medicine Market Size Markets, 2022 & 2029
4.1.2 Drug Capsules
4.1.3 Pharmaceutical Granules
4.1.4 Medicine Tablet
4.2 By Type - Global Innovative Traditional Chinese Medicine Revenue & Forecasts
4.2.1 By Type - Global Innovative Traditional Chinese Medicine Revenue, 2018-2023
4.2.2 By Type - Global Innovative Traditional Chinese Medicine Revenue, 2024-2029
4.2.3 By Type - Global Innovative Traditional Chinese Medicine Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Innovative Traditional Chinese Medicine Market Size, 2022 & 2029
5.1.2 Hospital
5.1.3 Clinic
5.1.4 Others
5.2 By Application - Global Innovative Traditional Chinese Medicine Revenue & Forecasts
5.2.1 By Application - Global Innovative Traditional Chinese Medicine Revenue, 2018-2023
5.2.2 By Application - Global Innovative Traditional Chinese Medicine Revenue, 2024-2029
5.2.3 By Application - Global Innovative Traditional Chinese Medicine Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Innovative Traditional Chinese Medicine Market Size, 2022 & 2029
6.2 By Region - Global Innovative Traditional Chinese Medicine Revenue & Forecasts
6.2.1 By Region - Global Innovative Traditional Chinese Medicine Revenue, 2018-2023
6.2.2 By Region - Global Innovative Traditional Chinese Medicine Revenue, 2024-2029
6.2.3 By Region - Global Innovative Traditional Chinese Medicine Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Innovative Traditional Chinese Medicine Revenue, 2018-2029
6.3.2 US Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.3.3 Canada Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.3.4 Mexico Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Innovative Traditional Chinese Medicine Revenue, 2018-2029
6.4.2 Germany Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.4.3 France Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.4.4 U.K. Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.4.5 Italy Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.4.6 Russia Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.4.7 Nordic Countries Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.4.8 Benelux Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Innovative Traditional Chinese Medicine Revenue, 2018-2029
6.5.2 China Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.5.3 Japan Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.5.4 South Korea Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.5.5 Southeast Asia Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.5.6 India Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Innovative Traditional Chinese Medicine Revenue, 2018-2029
6.6.2 Brazil Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.6.3 Argentina Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Innovative Traditional Chinese Medicine Revenue, 2018-2029
6.7.2 Turkey Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.7.3 Israel Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.7.4 Saudi Arabia Innovative Traditional Chinese Medicine Market Size, 2018-2029
6.7.5 UAE Innovative Traditional Chinese Medicine Market Size, 2018-2029
7 Innovative Traditional Chinese Medicine Companies Profiles
7.1 Yiling Pharmaceutical
7.1.1 Yiling Pharmaceutical Company Summary
7.1.2 Yiling Pharmaceutical Business Overview
7.1.3 Yiling Pharmaceutical Innovative Traditional Chinese Medicine Major Product Offerings
7.1.4 Yiling Pharmaceutical Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.1.5 Yiling Pharmaceutical Key News & Latest Developments
7.2 Kanion Pharmaceutical
7.2.1 Kanion Pharmaceutical Company Summary
7.2.2 Kanion Pharmaceutical Business Overview
7.2.3 Kanion Pharmaceutical Innovative Traditional Chinese Medicine Major Product Offerings
7.2.4 Kanion Pharmaceutical Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.2.5 Kanion Pharmaceutical Key News & Latest Developments
7.3 Tasly
7.3.1 Tasly Company Summary
7.3.2 Tasly Business Overview
7.3.3 Tasly Innovative Traditional Chinese Medicine Major Product Offerings
7.3.4 Tasly Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.3.5 Tasly Key News & Latest Developments
7.4 Yangtze River Pharmaceutical
7.4.1 Yangtze River Pharmaceutical Company Summary
7.4.2 Yangtze River Pharmaceutical Business Overview
7.4.3 Yangtze River Pharmaceutical Innovative Traditional Chinese Medicine Major Product Offerings
7.4.4 Yangtze River Pharmaceutical Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.4.5 Yangtze River Pharmaceutical Key News & Latest Developments
7.5 Hutchison
7.5.1 Hutchison Company Summary
7.5.2 Hutchison Business Overview
7.5.3 Hutchison Innovative Traditional Chinese Medicine Major Product Offerings
7.5.4 Hutchison Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.5.5 Hutchison Key News & Latest Developments
7.6 ApicHope
7.6.1 ApicHope Company Summary
7.6.2 ApicHope Business Overview
7.6.3 ApicHope Innovative Traditional Chinese Medicine Major Product Offerings
7.6.4 ApicHope Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.6.5 ApicHope Key News & Latest Developments
7.7 Jiangzhong Pharmaceutical
7.7.1 Jiangzhong Pharmaceutical Company Summary
7.7.2 Jiangzhong Pharmaceutical Business Overview
7.7.3 Jiangzhong Pharmaceutical Innovative Traditional Chinese Medicine Major Product Offerings
7.7.4 Jiangzhong Pharmaceutical Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.7.5 Jiangzhong Pharmaceutical Key News & Latest Developments
7.8 Buchang Pharma
7.8.1 Buchang Pharma Company Summary
7.8.2 Buchang Pharma Business Overview
7.8.3 Buchang Pharma Innovative Traditional Chinese Medicine Major Product Offerings
7.8.4 Buchang Pharma Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.8.5 Buchang Pharma Key News & Latest Developments
7.9 Guizhou Bailing
7.9.1 Guizhou Bailing Company Summary
7.9.2 Guizhou Bailing Business Overview
7.9.3 Guizhou Bailing Innovative Traditional Chinese Medicine Major Product Offerings
7.9.4 Guizhou Bailing Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.9.5 Guizhou Bailing Key News & Latest Developments
7.10 Zhangzhou Pien Tze Huang Pharmaceutical
7.10.1 Zhangzhou Pien Tze Huang Pharmaceutical Company Summary
7.10.2 Zhangzhou Pien Tze Huang Pharmaceutical Business Overview
7.10.3 Zhangzhou Pien Tze Huang Pharmaceutical Innovative Traditional Chinese Medicine Major Product Offerings
7.10.4 Zhangzhou Pien Tze Huang Pharmaceutical Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.10.5 Zhangzhou Pien Tze Huang Pharmaceutical Key News & Latest Developments
7.11 Jumpcan Pharmaceutical
7.11.1 Jumpcan Pharmaceutical Company Summary
7.11.2 Jumpcan Pharmaceutical Business Overview
7.11.3 Jumpcan Pharmaceutical Innovative Traditional Chinese Medicine Major Product Offerings
7.11.4 Jumpcan Pharmaceutical Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.11.5 Jumpcan Pharmaceutical Key News & Latest Developments
7.12 Xiangxue Pharma
7.12.1 Xiangxue Pharma Company Summary
7.12.2 Xiangxue Pharma Business Overview
7.12.3 Xiangxue Pharma Innovative Traditional Chinese Medicine Major Product Offerings
7.12.4 Xiangxue Pharma Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.12.5 Xiangxue Pharma Key News & Latest Developments
7.13 KPC Pharmaceutical
7.13.1 KPC Pharmaceutical Company Summary
7.13.2 KPC Pharmaceutical Business Overview
7.13.3 KPC Pharmaceutical Innovative Traditional Chinese Medicine Major Product Offerings
7.13.4 KPC Pharmaceutical Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.13.5 KPC Pharmaceutical Key News & Latest Developments
7.14 CONSUN
7.14.1 CONSUN Company Summary
7.14.2 CONSUN Business Overview
7.14.3 CONSUN Innovative Traditional Chinese Medicine Major Product Offerings
7.14.4 CONSUN Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.14.5 CONSUN Key News & Latest Developments
7.15 Huluwa Pharmaceutical
7.15.1 Huluwa Pharmaceutical Company Summary
7.15.2 Huluwa Pharmaceutical Business Overview
7.15.3 Huluwa Pharmaceutical Innovative Traditional Chinese Medicine Major Product Offerings
7.15.4 Huluwa Pharmaceutical Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.15.5 Huluwa Pharmaceutical Key News & Latest Developments
7.16 Fangsheng Pharma
7.16.1 Fangsheng Pharma Company Summary
7.16.2 Fangsheng Pharma Business Overview
7.16.3 Fangsheng Pharma Innovative Traditional Chinese Medicine Major Product Offerings
7.16.4 Fangsheng Pharma Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.16.5 Fangsheng Pharma Key News & Latest Developments
7.17 BaiYunShan
7.17.1 BaiYunShan Company Summary
7.17.2 BaiYunShan Business Overview
7.17.3 BaiYunShan Innovative Traditional Chinese Medicine Major Product Offerings
7.17.4 BaiYunShan Innovative Traditional Chinese Medicine Revenue in Global Market (2018-2023)
7.17.5 BaiYunShan Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

 
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