China Generic Drug Market: Growth Drivers and Strategic Insights, 2025–2033
Market Overview
The China generic drug market was valued at USD 64.1 Billion in 2024 and is projected to reach USD 154.6 Billion by 2033, growing at a CAGR of 10.27% during 2025-2033. Growth is driven by patent expirations on brand-name drugs, cost-effectiveness of generics, rising healthcare demands, government initiatives to promote affordable medication, and the increasing...