Investigation Report on Chinese Adalimumab Market, 2021-2025

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According to CRI’s market research, in China, the sales of Adalimumab increased significantly in 2020, reaching approximately CNY 101.11 million (2019 sales revenue is CNY 14.15 million), and the CAGR is around 38% from 2016 to 2020.

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Description

In 2010, Adalimumab entered the Chinese market. Its original drug is produced by AbbVie Inc., under the brand name HUMIRA. The sales of HUMIRA is ranking at Top one among all pharmaceutical products since it is used for a huge amount of disease treatments (such as treatment of arthritis, Crohn’s disease, ulcerative colitis, and so on). However, unlike the EU and the NA market, Adalimumab is not popular in the Chinese market. From 2016 to 2019, the sales of Adalimumab decreased gradually due to three reasons. One is because it is not included in the medical insurance, while its price is about CNY7,600 per injection, which makes a patient spend about CNY10,000 to CNY20,000 on the medicine. Secondly, Adalimumab has far fewer indications approved in China than that in the EU and the NA countries (including the indications for rheumatoid arthritis approved in 2010, the indications for ankylosing spondylitis approved in 2013, and the indications for psoriasis approved in 2017). Lastly, adjuvant drugs have dominated the Chinese drug sales market for a long period.

On the other hand, after the declining sales from 2016 to 2019, the sales of Adalimumab in the Chinese market have increased by about 7 times in 2020 compared to the previous year. The substantial increase is mainly due to the improvement of medical insurance policies and the rectification of the abuse of adjuvant drugs. Besides, more generic drugs appear in the market since the patent of HUMIRA is about to expire. Although Abbvie Inc. successfully postponed the threat of US biosimilars to 2023, it lost its patent protection in Europe on October 16, 2018. In China, 28 companies have filed generic drug applications for Adalimumab biosimilars in 2019. In 2020, three companies have launched generic drugs, namely Zhejiang Hisun Pharmaceutical Co., Ltd., Bio-Thera Solutions, Ltd., and Innovent Biologics (Suzhou) Co., Ltd.

According to CRI’s market research, in China, the sales of Adalimumab increased significantly in 2020, reaching approximately CNY 101.11 million (2019 sales revenue is CNY 14.15 million), and the CAGR is around 38% from 2016 to 2020. Therefore, CRI analyzes that with the emergence of generic drugs, the choice of drugs increases. Therefore, the price of drugs will decrease. Coupled with the strict control of adjuvant drugs and the improvement of medical insurance policies, Adalimumab is expected to be more popular in China in 2021-2025, and sales will also increase accordingly.

Topics Covered:
-The impact of COVID-19 on China’s adalimumab market
– Sales value and volume of China’s adalimumab 2016-2020
– Competitive landscape of China’s adalimumab market
– Prices of adalimumab in China
– Prices of adalimumab in China by regions and manufacturers
– Analysis on factors affecting the development of China’s adalimumab market
– Prospect of China’s adalimumab market from 2021 to 2025

Additional information

Publisher

Geography Covered

Date Published

Pages

Charts

Format

Base Year

2016

Base Market Size

20.3

Currency/Unit

CNY million

Forecast Year

2025

Market Size Forecast

252

CAGR

32.3%

Table of Contents

1 Relevant Concepts of Adalimumab
1.1 Indications for Adalimumab
1.2 Development of Adalimumab in China
1.3 Governmental Approval of Adalimumab in China
1.4 The Impact of COVID-19 on Adalimumab sales in China

2 Sales of Adalimumab in China, 2016-2020
2.1 Sales Value of Adalimumab
2.1.1 Overall Sales Value
2.1.2 Sales Value by Region
2.2 Sales Volume of Adalimumab
2.2.1 Overall Sales Volume
2.2.2 Sales Volume by Region
2.3 Sales of Adalimumab by Dosage Form in China, 2016-2020
2.3.1 Injection
2.3.2 Analysis of Other Dosage Forms

3 Analysis of Major Adalimumab Manufacturers in China, 2016-2020
3.1 Analysis of Market Share of Major Adalimumab Manufacturers
3.1.1 Investigation on Market Share by Sales Value
3.1.2 Investigation on Market Share by Sales volume
3.2 AbbVie Ltd.
3.2.1 Enterprise Profile
3.2.2 Sales of HUMIRA (AbbVie’s Adalimumab) in China
3.3 Zhejiang Hisun Pharmaceutical Co., Ltd.
3.3.1 Enterprise Profile
3.3.2 Sales of Anjianning (Hisun’s Adalimumab) in China
3.4 Bio-Thera Solutions, Ltd.
3.4.1 Enterprise Profile
3.4.2 Sales of OLETLI (Bio-Thera’s Adalimumab) in China
3.5 Innovent Biologics (Suzhou) Co., Ltd.
3.5.1 Enterprise Profile
3.5.2 Sales of SULINNO(Innovent’s Adalimumab) in China

4 Prices of Adalimumab for Different Manufacturers in China, 2020-2021
4.1 AbbVie Ltd. (HUMIRA)
4.2 Zhejiang Hisun Pharmaceutical Co., Ltd. (Anjianning)
4.3 Bio-Thera Solutions, Ltd. (OLETLI)
4.4 Innovent Biologics (Suzhou) Co., Ltd. (SULINNO)

5 Prospect of Chinese Adalimumab drug Market, 2021-2025
5.1 Influential Factors of Chinese Adalimumab Market Development
5.1.1 The Impact of COVID-19 on Chinese Adalimumab Market
5.1.2 Market Drivers and Opportunities
5.1.3 Market Threats and Challenges
5.2 Forecast on Market Size
5.3 Forecast on Market Trend

List of Charts
Chart Patent Information About Adalimumab Injection Registration in China
Chart Sales Value of Adalimumab Injection over the World
Chart Sales Value of Adalimumab Injection in China, 2016-2020
Chart Sales Value of Adalimumab Injection in China by Regions, 2016-2020
Chart Sales Volume of Adalimumab Injection in China, 2016-2020
Chart Sales Volume of Adalimumab Injection in China by Regions, 2016-2020
Chart Market Share by Sales Value of Top Adalimumab Manufacturers in China, 2016-2020
Chart Market Share by Sales Volume of Top Adalimumab Manufacturers in China, 2016-2020
Chart Sales Value and Volume of HUMIRA in China, 2016-2020
Chart Sales Value and Volume of Anjianning in China, 2016-2020
Chart Sales Value and Volume of OLETLI in China, 2016-2020
Chart Sales Value and Volume of SULINNO, 2016-2020
Chart Referential Prices of HUMIRA in China, 2020-2021
Chart Referential Prices of Anjianning in China, 2020-2021
Chart Referential Prices of OLETLI in China, 2020-2021
Chart Referential Prices SULINNO in China, 2020-2021
Chart Forecast on Sales Value of Adalimumab in China, 2021-2025
Chart Forecast on Sales Volume of Adalimumab in China, 2021-2025