According to the market research, from 2016 to 2019, Abiraterone's sales in the Chinese market have shown an upward trend. In 2017, the price of Abiraterone dropped and it was included in China's national medical insurance. Therefore, the sales of Abiraterone in the Chinese market increased the most significantly from 2017 to 2019. The annual sales revenue in 2019 is CNY566.84 million, which increased over 30 times compared to that in 2016. The outbreak of the COVID-19 epidemic in 2020 has impacted the overall diagnosis and treatment business of Chinese hospitals, so the sales value of Abiraterone in the Chinese market declined slightly in 2020. The CAGR of Abiraterone sales value in the Chinese market from 2016 to 2020 is 140.7%.
The analyst analyzes that from 2021 to 2025, Abiraterone's sales in China will continue to grow as the improvement of COVID-19 epidemic. According to data from China National Cancer Registration Institute, prostate cancer has become the most common tumor in male urinary malignancies since 2008. As the incidence and mortality of this cancer continue to rise, and its sales will also increase.
Topics Covered:
- The impact of COVID-19 on China's Abiraterone market
- Sales value of China's Abiraterone 2016-2020
- Competitive landscape of China's Abiraterone market
- Prices of Abiraterone in China
- Prices of Abiraterone in China by regions and manufacturers
- Analysis of factors affecting the development of China's Abiraterone market
- Prospect of China's Abiraterone market from 2021 to 2025
Table of Contents
Samples
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Companies Mentioned
- Chengdu Suncadia Medicine Co., Ltd
- Chia Tai Tianqing Pharmaceutical Group Co., Ltd
- Janssen-Cilag International NV(BE)
- Jiangxi Shanxiang Pharmaceutical Co., Ltd
- Qilu 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 | May 2021 |
Forecast Period | 2016 - 2025 |
Estimated Market Value ( CNY | CNY 14.81 Million |
Forecasted Market Value ( CNY | CNY 800.91 Million |
Compound Annual Growth Rate | 55.8% |
Regions Covered | China |
No. of Companies Mentioned | 5 |