Traditional Chinese Medicine (TCM) promoted in over 165 Countries with high market growth to 2025
Over 165 countries promote traditiional Chinese medicine mainly herbal medicine, acupuncture, new research developments for herbal prescription for modern diseases, food supplement and prevention too. 60 multinational pharmaceutical and food companies entered the markets with joint ventures or acquisitions of Chinese companies in the last years. While the small Chinese TCM companies stay mostly in china the markets globalize. Helmut Kaiser Consultancy has a special promotion program for TCM.
Nov. 27, 2013 - PRLog -- By 2025 the worldmarkets for traditional Chinese medicine (TCM) will reach about 100 billion euros; all bigger pharmaceutical and food company will be in this market. Most countries worldwide will promote herbal medicine to reduce health costs. Half of the 6,000 small Chinese TCM companies will give up or have a strong financial partner; in many countries the herbs for TCM are built in the country and not imported from China, the quality improving and is already today on a high level, Universities educate TCM doctors worldwide.
TCM is the basic for herbal medicine worldwide. The Chinese government promotes TCM with centers and Helmut Kaiser Consultancy promotes TCM and herbal medicine since 1980, application, companies, research and more. China is a country rich in medicinal resources, with more than 6,500 Chinese herbs determined, including 1,000 plants used for 90 percent of all applications.
The TCM market haas rapidly developed since the late 1990s. In 2010, the output value of TCM amounted to RMB317.2 billion (about €36.8 billion), an increase of 24%. The net yield and profits of TCM production is much higher than the average for the country's medical industry. The total TCM market in China will rise to €96,2 billion in 2025. The site hkc22.com updates every year the study of traditional Chinese medicine worldwide. For more, see http://www.hkc22.com/
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Page Updated Last on: Nov 28, 2013