According to the market research, the sales value of Pregabalin in the Chinese market increased year by year from 2016 to 2020. Among them, the growth in sales value in 2019 was the most obvious. The sales value of Pregabalin reached CNY143 million in 2019, with an annual growth rate of 57.19%. The main reason is that Pregabalin was approved for new indications in China from 2018 to 2019, and the NMPA lifted the restriction on Pregabalin medical insurance indications in 2019, which led to a substantial increase in its sales volume and sales value. In 2020, the sales value of Pregabalin in the Chinese market is approximately CNY186 million. The CAGR in sales value of Pregabalin from 2016 to 2020 is 40.55%.
The analyst expects that with the addition of new companies, the sales volume and market scale of Pregabalin in the Chinese market will continue to expand from 2021 to 2025. According to the analyst's market research, by the first half of 2021, there are more than 20 companies in China that are applying for Pregabalin generic drugs, including Jiangsu Hengrui Pharmaceutical Co., Ltd., Xuzhou Enhua Pharmaceutical Co., Ltd., and Sichuan Kelun Pharmaceutical Co., Ltd. In addition, China has approved the marketing of 3 indications of Pregabalin, and a total of 4 indications have been approved for marketing globally. Therefore, the number of indications of Pregabalin in China is likely to increase, and sales value and sales volume will increase in the future.
Topics Covered:
- The impact of COVID-19 on China's Pregabalin market
- Sales value of China's Pregabalin 2016-2020
- Competitive landscape of China's Pregabalin market
- Prices of Pregabalin in China
- Prices of Pregabalin in China by regions and manufacturers
- Analysis on factors affecting the development of China's Pregabalin market
- Prospect of China's Pregabalin market from 2021 to 2025
Table of Contents
Samples
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Companies Mentioned
- Pfizer Ltd (LYRICA)
- Chongqing Saiwei Pharmaceutical Co., Ltd. (Laireike)
- Qilu Pharmaceutical (Hainan) Co., Ltd. (Xisiping)
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 | July 2021 |
Forecast Period | 2016 - 2025 |
Estimated Market Value ( CNY | CNY 47.61 Million |
Forecasted Market Value ( CNY | CNY 999.17 Million |
Compound Annual Growth Rate | 40.2% |
Regions Covered | China |
No. of Companies Mentioned | 3 |