According to the market research, the sales of Propofol in the Chinese market increased year by year from 2016 to 2019. Due to the impact of the new crown epidemic on the overall medical diagnosis and treatment services, the sales decreased from CNY1.232 billion in 2019 to CNY1.308 billion in 2020, with a year-on-year decrease of 14.28%. The CAGR of sales of Propofol in China from 2016 to 2020 is 1.89%.
The analyst expects that the sales of Propofol will have a restorative growth from 2021 to 2025 with the effective alleviation of the new crown epidemic. In addition, Propofol has a fast onset, stable induction, and rapid and complete recovery. Based on these advantages, the sales volume of Propofol will increase steadily in the future. Moreover, Propofol is also used in veterinary clinical anesthesia. With the expansion of China's pet market and servitization and standardization of pet hygiene, Propofol will also expand in the pet medicine market, driving the growth of its sales and sales volume.
Topics Covered:
- The impact of COVID-19 on China's Propofol market
- Sales value of China's Propofol 2016-2020
- Competitive landscape of China's Propofol market
- Prices of Propofol in China
- Prices of Propofol in China by regions and manufacturers
- Analysis of factors affecting the development of China's Propofol market
- Prospect of China's Propofol market from 2021 to 2025
Table of Contents
Samples
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Companies Mentioned
- Aspen Pharma Trading Ltd
- Sichuan Guorei Pharmaceutical Co., Ltd.
- Guangdong Jiabo Pharmaceutical Co., Ltd.
- Xian Libang Pharmaceutical Co., Ltd.
- Fresenius Kabi Deutschland GmbH
- Aspen Pharma Trading Ltd
- Sichuan Guorei Pharmaceutical Co., Ltd.
- Guangdong Jiabo Pharmaceutical Co., Ltd.
- Xian Libang Pharmaceutical Co., Ltd.
- Fresenius Kabi Deutschland GmbH
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 | May 2021 |
Forecast Period | 2016 - 2025 |
Estimated Market Value ( CNY | CNY 1213.36 Million |
Forecasted Market Value ( CNY | CNY 2105.9 Million |
Compound Annual Growth Rate | 6.3% |
Regions Covered | China |
No. of Companies Mentioned | 10 |