Due to the high demand for HSA in the Chinese market, it has become one of the blood products that China allows to import from restricted countries. Currently, there are over 30 manufacturers in the Chinese HSA market. The major manufacturers are Grifols, Baxter, CSL Behring, Aventis Behring, and Shandong Taibang. Among them, Grifols accounts for the largest market share. In 2020, it took about 22.57% of the total market sales.
According to this market research, the sales revenue of HSA in the Chinese market increased from CNY2.96 billion in 2016 to CNY4.22 billion in 2020. In 2020, the annual growth rate was 11.3%, which slowed down compared to that in 2019 due to the COVID-19 epidemic. The CAGR of the sales value of Human Serum Albumin in China is 9.3% from 2016 to 2020. The analyst analyzes that as the epidemic situation has been improved and the hospitals resume their operation, sales of HSA will have a recovery growth from 2021 to 2025.
Topics Covered:
- The impact of COVID-19 on China's Human Serum Albumin market
- Sales value and volume of China's Human Serum Albumin 2016-2020
- Competitive landscape of China's Human Serum Albumin market
- Prices of Human Serum Albumin in China
- Prices of Human Serum Albumin in China by regions and manufacturers
- Analysis of factors affecting the development of China's Human Serum Albumin market
- Prospect of China's Human Serum Albumin market from 2021 to 2025
Table of Contents
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Companies Mentioned
- Aventis Behring
- Baxter AG
- CSL Behring
- Grifols
- Shandong Taibang Biological Products 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 |
---|---|
Published | April 2021 |
Forecast Period | 2016 - 2025 |
Estimated Market Value ( CNY | CNY 2961 Million |
Forecasted Market Value ( CNY | CNY 6793 Million |
Compound Annual Growth Rate | 9.7% |
Regions Covered | China |
No. of Companies Mentioned | 5 |