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Investigation Report on China's Ibrutinib Market 2021-2025

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    Report

  • April 2021
  • Region: China
  • China Research & Intelligence
  • ID: 5317072
Ibrutinib is a BTK inhibitor, mainly used to treat B-cell carcinomas, such as mantle cell lymphoma, chronic lymphocytic leukemia, and Waldenstrom's macroglobulinemia. Ibrutinib was first developed by Johnson & Johnson and Pharmacyclics Inc. Pharmacyclics Inc was acquired by AbbVie in 2015. Their Ibrutinib, IMBRUVICA was launched in China in 2017. By 2020, Pharmacyclics Inc is the only manufacturer in the Chinese Ibrutinib market.





According to this market research, after Ibrutinib entered the Chinese market, the sales value of Ibrutinib in China has increased from CNY48,600 in 2017 to CNY 345.5 million in 2020. In 2020, the growth rate was 38.2%, which slowed down due to the COVID-19 epidemic. The CAGR of the sales value of Ibrutinib in China is 1823% from 2017 to 2020.

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
Frequently Asked Questions about the Chinese Ibrutinib Market

What is the estimated value of the Chinese Ibrutinib Market?

The Chinese Ibrutinib Market was estimated to be valued at CNY 0.05 Million in 2017.

What is the growth rate of the Chinese Ibrutinib Market?

The growth rate of the Chinese Ibrutinib Market is 240.0%, with an estimated value of CNY 885 Million by 2025.

What is the forecasted size of the Chinese Ibrutinib Market?

The Chinese Ibrutinib Market is estimated to be worth CNY 885 Million by 2025.

Who are the key companies in the Chinese Ibrutinib Market?

Key companies in the Chinese Ibrutinib Market include AbbVie and Pharmacyclics Inc.

Table of Contents

1 Relevant Concepts of Ibrutinib
1.1 Indications for Ibrutinib
1.2 Development of Ibrutinib in China
1.3 Governmental Approval of Ibrutinib in China
1.4 The Impact of COVID-19 on Ibrutinib sales in China
2 Sales of Ibrutinib in China, 2017-2020
2.1 Sales Value of Ibrutinib
2.1.1 Overall Sales Value
2.1.2 Sales Value by Region
2.2 Sales Volume of Ibrutinib
2.2.1 Overall Sales Volume
2.2.2 Sales Volume by Region
2.3 Sales of Ibrutinib by Dosage Form in China, 2017-2020
2.3.1 Capsule
2.3.2 Analysis of Other Dosage Forms
3 Analysis of Major Ibrutinib Manufacturers in China, 2017-2020
3.1 Analysis of Market Share of Major Ibrutinib Manufacturers
3.1.1 Investigation on Market Share by Sales Value
3.1.2 Investigation on Market Share by Sales volume
3.2 Pharmacyclics Inc
3.2.1 Enterprise Profile
3.2.2 Sales of IMBRUVICA (Pharmacyclics Inc’s Ibrutinib) in China
4 Prices of Ibrutinib for Different Manufacturers in China, 2020-2021
4.1 Pharmacyclics Inc (IMBRUVICA)
4.2 Others
5 Prospect of Chinese Ibrutinib drug Market, 2021-2025
5.1 Influential Factors of Chinese Ibrutinib Market Development
5.1.1 The Impact of COVID-19 on Chinese Ibrutinib Market
5.1.2 Market Drivers and Opportunities
5.1.3 Market Threats and Challenges
5.2 Forecast on Market Size
5.3 Forecast on Market Trend
List of Charts
Chart Patent Information About Ibrutinib Capsule Registration in China
Chart Sales Value of Ibrutinib Capsule over the World
Chart Sales Value of Ibrutinib Capsule in China, 2017-2020
Chart Sales Value of Ibrutinib Capsule in China by Regions, 2017-2020
Chart Sales Volume of Ibrutinib Capsule in China, 2017-2020
Chart Sales Volume of Ibrutinib Capsule in China by Regions, 2017-2020
Chart Market Share by Sales Value of Top Ibrutinib Manufacturers in China, 2017-2020
Chart Sales Value and Volume of IMBRUVICA in China, 2017-2020
Chart Referential Prices of IMBRUVICA in China, 2020-2021
Chart Forecast on Sales Value of Ibrutinib in China, 2021-2025
Chart Forecast on Sales Volume of Ibrutinib in China, 2021-2025

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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