DUBLIN–(BUSINESS WIRE)–The “Investigation Report on the Chinese Recombinant Human Erythropoietin(rhEPO) Market, 2020-2024 “ report has been added to ResearchAndMarkets.com’s offering.
According to this market research, Recombinant Factor VIII developed rapidly after entering China. Its annual sales increased from less than CNY 6 million in 2009 to CNY481 million in 2019, and the CAGR reached 55% in 2009 to 2019. Currently, Recombinant Factor VIII sold on the Chinese market is all imported from Bayer, Baxalta and Pfizer. According to sales value, Bayer accounted for nearly 70% of the Chinese market in 2019.
There are approximately 400,000 to one million people with hemophilia in the world. Among them, there are about 100,000 to 200,000 patients in China. The registered hemophilia patients in China are less than 20,000 because most patients give up treatment due to expensive medical expenses. Those who lack coagulation factor VIII account for 80% to 85% of the hemophilia A patients. Currently, there is no cure for hemophilia, treatment for which on the market are all alternatives. Coagulation factors are the main drugs.
In 1992, Baxter (Baxalta) publicized the first recombinant factor VIII(rFVIII). Because it has the same effects as natural coagulation factors without risks of blood-borne virus contamination, it is very popular in the market. The developed countries master mature technologies of recombinant coagulation factors. For example, recombinant coagulation factor VIII now has experienced four rounds of upgradation. The main manufacturers are Bayer, Baxalta, Pfizer, etc. By the end of 2020, no domestic recombinant coagulation factor VIII has been launched in China.
The analyst forecasts that with the development of China’s economy, patients with hemophilia are more able to pay medical expenses. It is expected that the market scale of Recombinant Factor VIII in China will continue to increase from 2020 to 2024. After 2022, there is a possibility that Chinese companies may launch Recombinant Factor VIII.
Topics Covered:
Key Topics Covered:
1 Relevant Concept of Recombinant Factor VIII
1.1 Indication
1.2 Development in China
1.3 Patents and Government Approval on Drugs
2 Sales of Recombinant Factor VIII in China, 2015-2019
2.1 Sales Value of Recombinant Factor VIII in China
2.1.1 Overall Sales Value of Recombinant Factor VIII in China
2.1.2 Sales Value of Recombinant Factor VIII by regions of China
2.2 Sales Volume
2.2.1 Overall Sales Volume of Recombinant Factor VIII in China
2.2.2 Sales Volume of Recombinant Factor VIII by regions of China
2.3 Sales of Recombinant Factor VIII by Dosage Forms in China
3 Major Manufacturers of Recombinant Factor VIII in China, 2015-2019
3.1 Market Share of Recombinant Factor VIII in China by Major Manufacturers
3.1.1 Market Share of Recombinant Factor VIII Manufacturers in China by Sales Value
3.1.2 Market Share of Recombinant Factor VIII Manufacturers in China by Sales Volume
3.2 Bayer
3.2.1 Enterprise Profile
3.2.2 Sales of Bayer’s Recombinant Factor VIII in China
3.3 Baxalta
3.4 Pfizer
4 Prices of Recombinant Factor VIII in China, 2015-2020
4.1 Average Prices of Recombinant Factor VIII in China
4.1.1 Average Prices of Recombinant Factor VIII Capsules in China 2015-2019
4.1.2 Average Prices of Recombinant Factor VIII Tablets in China 2015-2019
4.2 Average Prices of Bayer’ Recombinant Factor VIII (Kovaltry)
4.3 Average Prices of Baxalta’s Recombinant Factor VIII (Adynovate)
4.4 Average Prices of Pfizer’s Recombinant Factor VIII (Xyntha)
5 Market Prospects of Recombinant Factor VIII, 2020-2024
5.1 Forecast on Factors Influencing Development
5.2 Forecast on Market Size
5.3 Forecast on Development Trend
For more information about this report visit https://www.researchandmarkets.com/r/gmwqrv
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