In China, the accidental deaths and burns rank only second to traffic injuries. And the traffic injuries also include many burns. The annual incidence of burns in China is about 1.5% to 2%, which means that about 20 million people suffer burns every year. And about 5% of the burn victims need hospitalization. From Jan. to Sept. 2018, the number of people discharged from China’s medical and health institutions reached 185,577,000, increasing by 6.4% YOY, and a large proportion of the inpatients had surgery. The sales value of Fibrin Sealant (Human) has been rising since the drug was launched in China, reaching about CNY 144 million in 2017. According to this market research, China’s Fibrin Sealant (Human) market is dominated by Shanghai RAAS Blood Products Co., Ltd. and Hualan Biological Engineering Inc., and the former has a market share of more than 90% by sales value.
It is expected that in the next few years, with the lifestyle changes brought about by economic development and the rising incidences of various diseases caused by population aging, the number of surgical operations in China will continue to rise, which will help expand the market size of Fibrin Sealant (Human).
Topics Covered:
- Situation of surgical operations in China
- Status of China's Fibrin Sealant (Human) market
- Competition on China's Fibrin Sealant (Human) market
- Prices of Fibrin Sealant (Human) in China
- Factors influencing the development of China's Fibrin Sealant (Human) market
- Prospect of China's Fibrin Sealant (Human) market from 2018 to 2022
Table of Contents
Samples
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Companies Mentioned
- Hualan Biological Engineering Inc. (KangPuXin)
- Shanghai RAAS Blood Products Co., Ltd. (FIBINGLUEAAS)
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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