According to the analyst's market research, the sales value of Nicergoline in the Chinese market has increased year by year from 2016 to 2020. Among them, the growth in 2019 was the most obvious. The sales value of Nicergoline increased from CNY138 million in 2018 to CNY190 million in 2019, with an annual growth rate of 37.57%. In 2020, the sales value of Nicergoline in the Chinese market is CNY237 million, and the CAGR from 2016 to 2020 is 16.6%.
The analyst expects that with the increase in the number of patients with Alzheimer's disease, the sales value of Nicergoline in the Chinese market will continue to grow from 2021 to 2025. By 2020, the incidence of Alzheimer’s disease in the elderly over 65 years old in China was 4%-6%, and the aging degree in China will continue to increase in the future, which will cause the number of patients with Alzheimer’s disease to continue to increase. Therefore, sales volume and sales value in Nicergoline will also continue to increase.
Topics Covered:
- The impact of COVID-19 on China's Nicergoline market
- Sales value of China's Nicergoline 2016-2020
- Competitive landscape of China's Nicergoline market
- Prices of Nicergoline in China
- Prices of Nicergoline in China by regions and manufacturers
- Analysis on factors affecting the development of China's Nicergoline market
- Prospect of China's Nicergoline market from 2021 to 2025
Table of Contents
Samples
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Companies Mentioned
- Kunshan Longdeng Ruidi Pharmaceutical Co., Ltd. (Lexilin)
- Hainan General Kangli Pharmaceutical Co., Ltd. (Hainan Puli)
- Pfizer Pharmaceuticals Co., Ltd. (SERMION)
- Chengdu Tiantaishan Pharmaceutical Co., Ltd. (Fulutong)
- Hainan general Sanyo Pharmaceutical Co., Ltd. (Kaier)
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 | July 2021 |
Forecast Period | 2016 - 2025 |
Estimated Market Value ( CNY | CNY 128.09 Million |
Forecasted Market Value ( CNY | CNY 475.97 Million |
Compound Annual Growth Rate | 15.7% |
Regions Covered | China |
No. of Companies Mentioned | 5 |