According to the market research, the sales value of Dexmedetomidine in the Chinese market increased year by year at a steady growth rate from 2016 to 2019. Especially, affected by the "4+7" centralized procurement by the Chinese government in 2018, its sales volume increased by 29.66% year-on-year, and sales increased by nearly 18% year-on-year. Due to the impact of COVID-19 on the overall diagnosis and treatment services of Chinese hospitals, the sales value of Dexmedetomidine in the Chinese market decreased to CNY 984 million in 2020, a year-on-year decrease of 3.45%. The CAGR of sales value of Dexmedetomidine in the Chinese market is 11.8% in 2016 to 2020, which is a very high level.
The analyst expects that the sales of Dexmedetomidine in the Chinese market will have a restorative growth from 2016 to 2020 as the alleviation of the COVID-19 epidemic. In addition, as a new type of a2 adrenergic receptor agonist, Dexmedetomidine has significant advantages such as high selectivity, strong sedative and analgesic effects, anti-anxiety and hemodynamic stability. Based on these advantages, the sales value and sales volume of Dexmedetomidine still have room to rise.
Topics Covered:
- The impact of COVID-19 on China's Dexmedetomidine market
- Sales value of China's Dexmedetomidine 2016-2020
- Competitive landscape of China's Dexmedetomidine market
- Prices of Dexmedetomidine in China
- Prices of Dexmedetomidine in China by regions and manufacturers
- Analysis of factors affecting the development of China's Dexmedetomidine market
- Prospect of China's Dexmedetomidine market from 2021 to 2025
Table of Contents
Samples
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Companies Mentioned
- Yangtze River Pharmaceutical Group Co.,Ltd.
- Jiangsu Hengrui Medicine Co., Ltd.
- Jiangsu Nhwa Pharmaceutical Co., Ltd.
- Sichuan Guorui Pharmaceutical Co., Ltd.
- Cisen Pharmaceutical 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 |
---|---|
Published | June 2021 |
Forecast Period | 2016 - 2025 |
Estimated Market Value ( CNY | CNY 629.52 Million |
Forecasted Market Value ( CNY | CNY 1733.28 Million |
Compound Annual Growth Rate | 11.9% |
Regions Covered | China |
No. of Companies Mentioned | 5 |