echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > With steady growth in demand for pharmaceutical equipment market, industry upgrades have become the focus of development

    With steady growth in demand for pharmaceutical equipment market, industry upgrades have become the focus of development

    • Last Update: 2022-06-06
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    [ Chemical Machinery Equipment Network Market Analysis ] In recent years, with the increasing aging of the population, the upgrading of consumption levels, and the advancement of new medical insurance policies, the demand for China's pharmaceutical industry has continued to expand.
    Statistics show that China's pharmaceutical market is expected to grow to US$145 billion by 2022; by 2030, it will grow to 230% of the scale of 2017.
    It is a pharmaceutical market with huge growth potential in the next ten years.

     
    Chemical machinery and equipment network market analysis chemical machinery and equipment
    The industry believes that under this background, the future demand for pharmaceutical equipment will also be released steadily, and the industry is expected to transform from a short-term explosive growth to a stable growth.
    But the continuous growth of the market also means that the industry concentration will continue to increase in the future, and market competition will become more intense.
    For pharmaceutical equipment manufacturing companies, in order to grab a piece of the market, they need to grasp the current situation and future development trends of the industry, create new competitive advantages and make arrangements in advance.

     
    Pharmaceutical equipment
    The author has learned that many pharmaceutical equipment companies have their own layout priorities.
    Below, the author will sort out from the recent announcements of some companies, how those companies have improved the vitality and core competitiveness of the pharmaceutical equipment industry to upgrade the industry.

     

    First of all, as an industry, Chutian Technology began to promote the 10 billion production capacity and the fourth phase of the project at the end of April.
    The planned land area is 142 acres.
    The Chutian Technology Innovation Center Building, the Talent Center Building, the Intelligent Chinese Medicine Workshop, and the Intelligent Aftermarket will be built.
    R&D, manufacturing and management units such as workshops, Chutianyuan Creative Workshop, Building E of the apartment building, and living supporting facilities.
    The total investment of the project is 1.
    2-1.
    6 billion yuan, and the construction is planned to be completed in 3-4 years.
    It is expected to lay a more solid foundation for Chutian Technology to build a medical equipment enterprise.

     

      In addition to Chutian Technology's vigorous engineering construction, the high-end pharmaceutical equipment industrialization project of Xinma Pharmaceutical, which has a position in the domestic pharmaceutical equipment solid preparation industry, is located in Zibo High-tech Zone.
    It has also achieved initial results.
    It is reported that its comprehensive office building has begun to take shape, and the construction of the production workshop is in full swing.
    It is expected to be officially put into operation by the end of this year.
    After the commissioning, the sales revenue will reach 1.
    2 billion yuan, the annual profit will be 180 million yuan, and the annual tax will be 52 million yuan.
    500 new jobs were added.

     

      The start of the project actually means that the technological innovation of Xinma Pharmaceutical will be further upgraded, and at the same time, a solid preparation-laboratory, customized, production-type, and closed-type production line will be formed, which will become a stable and reliable supply for domestic and foreign customers.
    A complete solution provider of solid dosage equipment.

     

      In addition, Canaan Technology also issued an announcement on September 8 that the company plans to raise a total of no more than 450 million yuan for investment in the construction of intelligent logistics system production center, pharmaceutical liquid dispensing system production center construction project, and pharmaceutical research and development service platform Five projects including upgrading and expansion projects, headquarters base construction projects, and supplementary working capital.
    In addition, it is worth noting that the traditional business of Canaan Technology is the research and development, production and sales of pharmaceutical equipment.
    But in recent years, it has also begun to get involved in the intelligent logistics industry, and it is launching its intelligent logistics system business through its holding subsidiary, Canaan Feiqi.

     

      In general, the projects promoted by pharmaceutical equipment companies in recent years mainly focus on the construction of project bases, technological innovation and upgrading, expansion of production scale, and acceleration of intelligent transformation.
    From this, it can be seen that in the fierce competition in the pharmaceutical equipment industry in the future, companies with strong comprehensive capabilities in technology, R&D, innovation, and services are bound to have greater development potential and occupy more market shares.
    The situation of constant and strong will gradually begin to appear.

     

      Original title: Under the steady growth of pharmaceutical equipment market demand, industrial upgrading has become the focus of development
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.