Market Research Report
Investigation Report on China's Rituximab Market 2021-2025
|Published by||China Research and Intelligence||Product code||1002610|
|Published||Content info||50 Pages
Delivery time: 1-2 business days
|Investigation Report on China's Rituximab Market 2021-2025|
|Published: April 23, 2021||Content info: 50 Pages||
Rituximab is a monoclonal antibody to target cells that have the CD20 marker on their surface. It is mainly used to treat diseases caused by excessive B lymphocytes, including lymphoma, chronic lymphocytic leukemia, transplantation rejection, and certain autoimmune diseases. The original drug was developed by Roche. Rituximab was launched in China in 2000. In 2020, besides Roche and its subsidiary corporation, Genentech, another main manufacturer in the Chinese market is Shanghai Henlius.
According to CRI's market research, the sales revenue of Rituximab in the Chinese market in 2016-2019 has an increase trend. The sales revenue of Rituximab in China increases from CNY943 million in 2016 to CNY1.42 billion in 2019. The sales value of Rituximab in China was approximately CNY1.3 billion in 2020. It decreased 8.4% Year on Year. The reason for the sales decline is that the COVID-19 epidemic has impacted the hospitals' overall operation. The CAGR of sales value of Rituximab in China is 8.4% in 2016 to 2020.
CRI analyzes that as the epidemic situation has been improved and the hospitals resume their operation, the sales of Rituximab will have a recovery growth from 2021 to 2025. In addition, the sales will also increase due to the market expansion. Compared to indications approved in some developed countries, Rituximab has fewer indications being approved in China. The only two approved indications are non-Hodgkin's lymphoma and chronic lymphocytic leukemia. Thus, the possibility of increase number of indications may bring new target patients for Rituximab. Besides, with the emergence of biosimilar drugs, Roche was no longer the monopoly in the Chinese Rituximab market. As a result, the price of Rituximab will be more affordable in the future, which will lead to an increase in sales volume.