The analyst analyzes that as the epidemic situation has been improved and the hospitals resume their operation, sales of Ibrutinib will have a recovery growth from 2021 to 2025. Besides, sales will also increase due to price reduction and market expansion. Currently, Ibrutinib has three approved indications. In 2020, the latest approved indication was included in the national medical insurance catalog, while the other two had been included in the catalog in 2018. As all indications can take advantage of the insurance reimbursement, the usage rate of Ibrutinib will increase among the patients. Moreover, with the emergence of other BTK inhibitor drugs, the price of Ibrutinib may continue to decrease, which will lead to a rise in sales. On the other hand, China approves fewer indications for Ibrutinib than other countries do. Therefore, the number of approved indications has the potential to increase, which means the market will keep expanding in the future.
Topics Covered:
- The impact of COVID-19 on China's Ibrutinib market
- Sales value and volume of China's Ibrutinib 2016-2020
- Competitive landscape of China's Ibrutinib market
- Prices of Ibrutinib in China
- Prices of Ibrutinib in China by regions and manufacturers
- Analysis of factors affecting the development of China's Ibrutinib market
- Prospect of China's Ibrutinib market from 2021 to 2025
Table of Contents
Samples
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Companies Mentioned
- AbbVie
- Johnson & Johnson
- Pharmacyclics Inc
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 | 2017 - 2025 |
| Estimated Market Value ( CNY | CNY 0.05 Million |
| Forecasted Market Value ( CNY | CNY 885 Million |
| Compound Annual Growth Rate | 240.0% |
| Regions Covered | China |
| No. of Companies Mentioned | 3 |
