According to the analyst’s research, the sales of Bevacizumab in the Chinese market keeps increasing since 2016. Although the growth rate has slowed down in the past two years, the CAGR from 2016 to 2020 is still as high as about 32%.
the analyst analyzes that the sales of Bevacizumab in China will continue to grow due to market expansion. After the medical insurance negotiations in 2017, the price of AVASTIN decreased from CNY5176 to CNY1998. In 2020, the price was adjusted to CNY1500 due to the emergence of biosimilar drugs. Until June 2020, six companies have submitted go-public applications for Bevacizumab. Therefore, as more biosimilar drugs appear in the market, the price of Bevacizumab will probably drop again in the future, which will further open up the market.
Topics Covered:
- The impact of COVID-19 on China's bevacizumab market
- Sales value and volume of China's bevacizumab 2016-2020
- Competitive landscape of China's bevacizumab market
- Prices of bevacizumab in China
- Prices of bevacizumab in China by regions and manufacturers
- Analysis of factors affecting the development of China's bevacizumab market
- Prospect of China's bevacizumab market from 2021 to 2025
Table of Contents
Samples
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Companies Mentioned
- Roche Pharma (Schweiz) AG
- Qilu Pharmaceutical Co., Ltd.
- Innovent Biologics (Suzhou) 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 438 Million |
Forecasted Market Value ( CNY | CNY 4357 Million |
Compound Annual Growth Rate | 29.0% |
Regions Covered | China |
No. of Companies Mentioned | 3 |