According to the research data, the sales of Mecobalamin in the Chinese Market are relatively stable from 2016 to 2019. Due to the impact of the new covid-19 pandemic on the overall treatment services of hospitals, the sales of Mecobalamin in the Chinese Market declined to CNY529 million in 2020, with a CAGR of -3.44% from 2016 to 2020.
The analyst expects the sales volume of Mecobalamin in the Chinese Market to recover in 2021-2025 with the effective mitigation of the New covid-19 pandemic. Meanwhile, Eisai's Mecobalamin has been selected by the Chinese government for the third batch of volume procurement, and the sales volume is expected to rise significantly. With the improvement and popularization of medical services in China, the demand for Mecobalamin will continue to increase, and the sales volume of Mecobalamin in China will have some upside.
Key Points:
- Impact of COVID-19 on China’s Mecobalamin Market
- Development Environment of Mecobalamin in China
- Sales Volume of Mecobalamin in China
- Sales Volume and Sales Value of Mecobalamin in Different Regions of China
- Major Mecobalamin Manufacturers in China and Their Market Shares
- Market Prices of Mecobalamin in China
- Major Mecobalamin Manufacturers in China
- Prospect on China’s Mecobalamin Market, 2021-2025
Table of Contents
Samples
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Companies Mentioned
- North China Pharmaceutical Co., Ltd. (Yishenbao)
- Eisai (China) Pharmaceutical Co., Ltd. (Methycocal)
- Yangtze River Pharmaceutical Group, Nanjing Hailing Pharmaceutical Co., Ltd. (Qixin)
- Eisai Pharmaceutical Co., Ltd. (Methycocal)
- Jiangsu Sihuan Biopharmaceutical Co., Ltd. (Zhuohe)
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 608.87 Million |
| Forecasted Market Value ( CNY | CNY 932.68 Million |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | China |
| No. of Companies Mentioned | 5 |
