According to the analysis, the sales value of Acetylcysteine has grown rapidly from 2016 to 2019 in China, with the highest Year-on-Year growth rate of 47.93% in 2019. In 2020, the sales value of Acetylcysteine increased by about 8.84% to CNY 1.016 billion in China. 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 growth rate. The CAGR of Acetylcysteine’s sales value in the Chinese market from 2016 to 2020 is 24.74%.
The analyst predicts that the sales of Acetylcysteine in the Chinese market will have a restorative growth from 2021 to 2025 with the effective alleviation of the Covid-19 epidemic. In addition, Kangyuan Pharmaceutical submitted an application of Acetylcysteine solution for inhalation for marketing authorization on March 16 2021. It is expected that the price of acetylcysteine will decrease with the addition of new manufacturers. There is room for growth in both sales volume and sales.
Topics Covered:
- The impact of COVID-19 on China's Acetylcysteine market
- Sales value of China's Acetylcysteine 2016-2020
- Competitive landscape of China's Acetylcysteine market
- Prices of Acetylcysteine in China
- Prices of Acetylcysteine in China by regions and manufacturers
- Analysis of factors affecting the development of China's Acetylcysteine market
- Prospect of China's Acetylcysteine market from 2021 to 2025
What is the estimated value of the Chinese Acetylcysteine Market?
What is the growth rate of the Chinese Acetylcysteine Market?
What is the forecasted size of the Chinese Acetylcysteine Market?
Who are the key companies in the Chinese Acetylcysteine Market?
| Report Attribute | Details |
|---|---|
| Published | June 2021 |
| Forecast Period | 2016 - 2025 |
| Estimated Market Value ( CNY
| CNY 419.59 Million |
| Forecasted Market Value ( CNY
| CNY 2043.46 Million |
| Compound Annual Growth Rate | 19.2% |
| Regions Covered | China |
| No. of Companies Mentioned | 5 |
Table of Contents
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Companies Mentioned
- Hangzhou Minsheng Pharmaceutical Co., Ltd.
- Zambon Italia Srl
- Hainan Star Pharmaceutical Co., Ltd.
- Ruiyang Pharmaceutical Co., Ltd.
- Hainan Zambon Pharmaceutical Co., Ltd
Methodology
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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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