Apixaban was launched in China in 2013. The original drug is ELIQUIS produced by Bristol-Myers Squibb Co/Pfizer EEIG. The sales growth of Apixaban mainly depends on the growth of the antithrombotic industry. While other countries’ Apixaban markets account for large shares among the whole pharmaceutical markets. The Chinese Apixaban market share is much lower. The main reason is that the Chinese medical system does not recognize the importance of anticoagulation as the developed countries do.
According to the analyst's market research, the sales revenue of Apixaban in China has been increasing from 2016 to 2020, and it has reached approximately CNY 29.32 million in 2020, with a CAGR of 42% from 2016 to 2020. As a major country for cardiovascular and cerebrovascular diseases, along with the promotion and popularization of anticoagulation concepts, China is expected to gradually increase the market share of Apixaban from 2021 to 2025, and the sales value and volume will both increase accordingly.
Topics Covered:
- The impact of COVID-19 on China's apixaban market
- Sales value and volume of China's apixaban 2016-2020
- Competitive landscape of China's apixaban market
- Prices of apixaban in China
- Prices of apixaban in China by regions and manufacturers
- Analysis of factors affecting the development of China's apixaban market
- Prospect of China's apixaban market from 2021 to 2025
Table of Contents
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Companies Mentioned
- Bristol-Myers Squibb Co/Pfizer EEIG
- Chia Tai Tianqing Pharmaceutical Group Co., Ltd.
- Jiangsu Hansoh Pharmaceutical Group Co., Ltd.
- Sichuan Kelun Pharmaceutical Co., Ltd.
- Jiangsu Sinobiopharma 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 5.1 Million |
Forecasted Market Value ( CNY | CNY 158 Million |
Compound Annual Growth Rate | 46.4% |
Regions Covered | China |
No. of Companies Mentioned | 5 |