In the Chinese pharmaceutical market, narcotic analgesics have grown very fast in recent years, mainly due to massive surgeries in China. According to Chinese statistics, there will be more than 50 million operations in 2019, and the amount of surgeries is increasing year by year. In narcotic analgesics, Dezocine accounts for up to 60% of the market share.
According to the analyst’s market research, the sales of Dezocine had a growth trend from 2016 to 2019. The revenue in 2020 was approximately CNY2.06 billion, though it decreased by 6.18% compared to 2019 due to the COVID-19 epidemic. The CAGR of sales from 2016 to 2020 is 8.77%. Therefore, the analyst analyzes that, with the improvement of the epidemic situation, the sales of Dezocine in China are expected to have a recovery growth in 2021-2025.
Topics Covered:
- The impact of COVID-19 on China's dezocine market
- Sales value and volume of China's dezocine 2016-2020
- Competitive landscape of China's dezocine market
- Prices of dezocine in China
- Prices of dezocine in China by regions and manufacturers
- Analysis of factors affecting the development of China's dezocine market
- Prospect of China's dezocine market from 2021 to 2025
Table of Contents
Samples
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Companies Mentioned
- Yangtze River Pharmaceutical Group
- Nanjing Yoko Pharmaceutical Co., Ltd.
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 50 |
Published | April 2021 |
Forecast Period | 2016 - 2025 |
Estimated Market Value ( CNY | CNY 1353 Million |
Forecasted Market Value ( CNY | CNY 3318 Million |
Compound Annual Growth Rate | 10.5% |
Regions Covered | China |
No. of Companies Mentioned | 2 |