According to the analyst analysis, the sales of Esomeprazole have grown steadily from 2016 to 2019. In 2020, its sales fell by about 6% to CNY1.561 billion in 2020. The main reason is that the Covid-19 epidemic has affected the hospital's overall diagnosis and treatment business, resulting in a decline in its sales. The CAGR of Esomeprazole sales in the Chinese market from 2016 to 2020 is 12%.
The analyst predicts that the sales volume of Esomeprazole in the Chinese market will have a restorative growth from 2021 to 2025 with the effective alleviation of the Covid-19 epidemic. In addition, as of the first half of 2021, there are 13 pharmaceutical companies that have applied to enter the Esomeprazole market in China. It can be expected that the price of Esomeprazole will decrease with the addition of new manufacturers, and both sales and sales volume will grow. Moreover, compared with similar drugs, Esomeprazole has the advantages of short-course therapy, stable curative effect, fast and long-lasting effect, so the sales volume of Esomeprazole in China will maintain a growth trend.
Topics Covered:
- The impact of COVID-19 on China's Esomeprazole market
- Sales value of China's Esomeprazole 2016-2020
- Competitive landscape of China's Esomeprazole market
- Prices of Esomeprazole in China
- Prices of Esomeprazole in China by regions and manufacturers
- Analysis of factors affecting the development of China's Esomeprazole market
- Prospect of China's Esomeprazole market from 2021 to 2025
Table of Contents
Companies Mentioned
- AstraZeneca AB
- Chia Tai Tianqing Pharmaceutical Group Co., Ltd
- Chongqing Lummy Pharmaceutical Co.,Ltd
- Jiangsu Aosaikang Pharmaceutical Co., Ltd
- Liantian Pharmaceutical (Hubei) Co., Ltd
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 | May 2021 |
Forecast Period | 2016 - 2025 |
Estimated Market Value ( CNY | CNY 992.64 Million |
Forecasted Market Value ( CNY | CNY 2727.47 Million |
Compound Annual Growth Rate | 11.8% |
Regions Covered | China |
No. of Companies Mentioned | 5 |