The incidence of hypertension is increasing in China with the development of the economy, the change of lifestyle and the aging of the population. It is estimated that at the end of 2017, there were about 330 million hypertensive patients in China, i.e., one in every three Chinese adults has high blood pressure. With the increasing number of hypertensive patients, the market size of antihypertensive drugs is also growing.In 2017, the Market Size of Amlodipine in China was About CNY 730 Million says 2018 Report
Amlodipine is a third-generation calcium antagonist used to treat chronic stable angina and hypertension. It can reduce the risk of hospitalization for angina and the risk of coronary reacquainting. The brand-name Amlodipine is Pfizer’s Norvasc. In 1989, Amlodipine tablets were launched in the U.K. under the trade name Istin, and Amlodipine capsules were launched in Belgium under the trade name Amlor. In 1992, Norvasc was approved by the FDA as a new molecular entity (NME).
According to the report, after Amlodipine entered China, the market size of Amlodipine kept rising until 2013. From 2013 to 2017, however, the sales revenue declined because of the fall in average price and the competition from other antihypertensive drugs. Apart from Pfizer's Norvasc, generic drugs by Chinese companies have been marketed successively. The CFDA has issued dozens of Amlodipine production approvals, which means that there are dozens of Amlodipine manufacturers on the market. But the market is still dominated by Pfizer’s brand-name drug. In 2017, the market size of Amlodipine in China was about CNY 730 million. By sales value, the market share of Pfizer exceeded 80%. The other major market players were Yangtze River Pharmaceutical Group Shanghai Haini Pharmaceutical Co., Ltd., China Resources Saike Pharmaceutical Co., Ltd., Kunming Sinoway Natural Pharmaceuticals, and Suzhou Dawnrays Pharmaceutical Co., Ltd.
It is expected that as the incidence of hypertension continues to increase, China's Amlodipine market will still have some growth potential in the next few years.
Topics Covered:
- Situation of hypertension in China
- Sales of Amlodipine in China
- Competition on China's Amlodipine market
- Prices of Amlodipine in China from 2017 to 2018
- Factors influencing the development of China's Amlodipine market
- Prospect of China's Amlodipine market
Table of Contents
Companies Mentioned
- China Resources Saike Pharmaceutical Co., Ltd. (Yashida)
- Kunming Sinoway Natural Pharmaceuticals
- Pfizer
- Shanghai Haini Pharmaceutical Co., Ltd.
- Suzhou Dawnrays Pharmaceutical Co., Ltd.
- Yangtze River Pharmaceutical Group
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.
LOADING...
