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United States has 60 years experience in the last century, the rapid growth phase, this phase is called the golden age of the U.S. pharmaceutical industry. Here, we are the causes and background of the golden age of the formation of a preliminary study in order to the future development of China's pharmaceutical industry to provide a reference. Review The Second World War, the rapid development of the U.S. economy, its Traditional Chinese Medicine Industries have welcomed the 50-year growth, also known as the eternal sunrise industry. Time, the U.S. pharmaceutical industry's compound annual growth rate of 9.85%, far higher than the U.S. national economic output (GDP) 7.25% growth rate. Medical and health expenditures in 1960 to 46 years in 2006 grew by a full 77 times, with an average increase of one times every two years pharmaceutical industry. In contrast, the United States over the same period GDP increased by only 25 times, far less than the pharmaceutical industry's high growth. The U.S. pharmaceutical industry is not a uniform increase in the growth process, in the last century 60's 70's, the U.S. pharmaceutical industry has experienced a rapid growth period, that period of time known as the golden age of the U.S. pharmaceutical industry. The golden age of the U.S. pharmaceutical industry the main driving force depends on the following factors: First, the U.S. pharmaceutical industry is based on the golden age of rapid economic development after the war the United States. In 1960, the U.S. GDP output value reached 52.6 billion U.S. dollars, per capita GDP close to 3,000 U.S. dollars, is an internationally recognized consumer transition critical point. Increasing consumption capacity makes people pay more attention to health needs, making the U.S. health care spending there is considerable potential. Indeed, the U.S. pharmaceutical industry in the early 60th century, more than 9% annual growth rate well above GDP growth over the same period. Second, the post-war migration and the emergence of baby boomers makes the United States, rapid population growth. In 1960, the U.S. population has reached 1.5 million, a huge population formed a huge potential consumer market in health care. Finally, Health Insurance Played a catalytic role. After the war the United States sustained economic development, gradually widening gap between rich and poor. In this context, the appeal to social justice, calls for greater social welfare continued to increase. Low awareness of the rights of vulnerable groups continue to strengthen, their interests began to be taken seriously. Asked the Government to the implementation of social health insurance, increased insurance coverage, then making the views of national health insurance has become a mainstream view. 60s of last century when he was President Johnson proposed the "war on poverty" program, launched in 1965, health insurance for the elderly (Medicare) and medical assistance for the poor (Midicaid) program, for low income groups had health insurance coverage. These measures greatly increased the public's ability to pay medical costs, prompted the U.S. pharmaceutical industry in the last century into the mid 60's high-speed development period. Revelation China is now the stage and the last century the United States is very similar to the 60's. First of all, after 30 years of reform and opening up, China's rapid economic development, per capita GDP has reached 3,000 U.S. dollars this internationally recognized threshold of consumption, the national health consumer demand growing. Statistics show that while China's population growth rate of only 0.517 percent, but annual growth in outpatient volume by more than 10%. Second, China's current population of over 1.3 billion people, including increasing the proportion of elderly population. Population and Family Planning Commission, 2020, China's elderly population over 65 will number more than 20%, thereby becoming an aging society. Medicare spending is far more than the absolute amount of young people. I am an expert from womenleatherbackpacks.com, while we provides the quality product, such as China leather laptop briefcase , backpacks for laptops Manufacturer, briefcases on wheels,and more.
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