Atorvastatin – CRI Report

Investigation Report on China’s Atorvastatin Market 2021-2025

admin — Mon, 19 Jul 2021 02:43:42 +0000

Atorvastatin is a statin drug, which is used to lower blood cholesterol levels. This common drug is mainly used to treat high cholesterol, hyperlipidemia, and coronary heart disease. The original drug Atorvastatin was developed by Pfizer Pharmaceuticals under the trade name LIPITOR. According to CRI’s analysis, Lipitor entered the Chinese market in 1999, and then some Chinese local companies’ generic drugs were successively listed. Pfizer Pharmaceuticals still accounts for the most market share in China by 2020.

According to CRI’s market research, the sales value of Atorvastatin in the Chinese market increased from 2016 to 2018. In 2019, due to being included in the Chinese government’s “4+7” policy for drug centralized procurement, the price of the drug fell sharply, resulting in a year-on-year decrease of 18.33% in its sales value. In 2020, due to the impact of COVID-19 on the overall diagnosis and treatment services of the hospital, the sales value of Atorvastatin in the Chinese market in 2020 dropped to CNY825 million, and the CAGR is about -20.30% from 2016 to 2020.

CRI expects that with the effective relief of COVID-19, the sales value of Atorvastatin in the Chinese market will have a restorative growth from 2021 to 2025. In addition, the seventh census showed that as of the end of 2020, the total population of China was 1,411.78 million, and the population of 60 years and over was 264.02 million, accounting for 18.70% of the total population. It is expected that the elderly population in China will show an increasing trend. The proportion of the elderly population will continue to rise, and the incidence of cardiovascular diseases will continue to rise accordingly. In addition, as the pace of life of Chinese residents accelerates, unhealthy lifestyles increase the risk of blood lipid diseases and expand the market for Atorvastatin. Therefore, CRI predicts that sales value of Atorvastatin in the Chinese market will continue to grow from 2021 to 2025.

The post Investigation Report on China’s Atorvastatin Market 2021-2025 first appeared on CRI Report.

Investigation Report on Chinese Atorvastatin Market 2021-2025

admin — Sat, 10 Apr 2021 06:25:40 +0000

Atorvastatin is a common drug used to lower blood cholesterol levels. Its original drug, Lipitor (developed by Pfizer Inc), entered the Chinese market in 1999. In addition to Pfizer, the other Atorvastatin manufacturers in the Chinese market are Lepu Pharmaceutical, Jialin Pharmaceutical, Qilu Pharmaceutical (Hainan) and Fujian Dawnrays.

CRI’s market research shows that sales of Atorvastatin began to decline in 2019, and the CAGR from 2016 to 2020 is approximately -0.92%. The main reason is that retail pharmacies have taken more Atorvastatin sales after 2019, which causes the sales decline in sample hospitals. Since thfe research data is based on medications used in sample hospitals, the result cannot indicate that Atorvastatin is unpopular in the Chinese market. The sales revenue in 2020 is around CNY0.82 billion, though it dropped about 58% compared to 2019 due to the lost sales and COVID-19 epidemic.

CRI concludes that the Chinese Atorvastatin market will still have a growth trend in the short run. The sales of Atorvastatin will recover due to the improvement of the epidemic situation. In addition, sales will increase as the market expands. The expansion of the market is based on the increase of consumers. With the implementation of the “4+7” policy (a plan for centralized purchasing), the price of Atorvastatin should continue to fall. As a result, except for the patients with high cholesterol, patients with other indications, such as patients with cardiovascular-related diseases may become the target of the drug.

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

The post Investigation Report on Chinese Atorvastatin Market 2021-2025 first appeared on CRI Report.

Sample of Investigation Report on Chinese Atorvastatin Market, 2018-2022

admin — Fri, 11 Jan 2019 08:30:10 +0000

This is a free sample of the report

Investigation Report on Chinese Atorvastatin Market, 2018-2022

The post Sample of Investigation Report on Chinese Atorvastatin Market, 2018-2022 first appeared on CRI Report.

Investigation Report on Chinese Atorvastatin Market, 2018-2022

admin — Fri, 17 Aug 2018 09:04:45 +0000

Description
The number of patients with hyperlipidemia is increasing in China with the life style change resulting from economic development and the rise of residents’ income. It is estimated that there are over 100 million patients with hyperlipidemia and 160 million patients with dyslipidemia in China. And the figures are increasing every year.
Atorvastatin is a common drug that lowers blood cholesterol levels. It was developed by Pfizer in the trade name of Lipitor. It has been proved that Atorvastatin is safe and can decrease major cardiovascular events for patients with coronary heart disease, ischemic stroke, diabetes and high-risk patients with cardiovascular diseases such as hypertension. By the end of 2017, the global sales of Lipitor had exceeded USD 150 billion, creating a miracle in global drug sales.
According to CRI, Atorvastatin has been growing rapidly since it entered China, with its sales revenue increasing from less than CNY 200 million in 2005 to more than CNY 2.21 billion in 2017. There is a high demand for Atorvastatin in China. In addition to Pfizer’s brand-name drug Lipitor, generic drugs of Beijing Jialin Pharmaceutical Co., Ltd., China Meheco Topfond Pharma Co., Ltd., Zhejiang Neo-Dankong Pharmaceutical Co., Ltd., Guangdong Baike Pharmaceutical Co., Ltd., etc. are also sold on the market. Pfizer captured the largest market share by sales value. Its market share exceeded 70% with a sales value over CNY 1.6 billion in 2017.
It is estimated that the number of patients with hyperlipidemia will continue to grow in China in the next few years, which will lead to a rising demand for Atorvastatin.

Topics Covered:
– Development environment of Atorvastatin in China
– Sales of Atorvastatin in China
– Prices of Atorvastatin in China
– Major Atorvastatin manufacturers in China
– Market share of Atorvastatin by dosage form in China
– Prospect of Chinese Atorvastatin Market, 2018-2022

Table of Contents
1 Relevant Concepts of Atorvastatin
1.1 Indications for Atorvastatin
1.2 Development History of Atorvastatin in China
1.3 Patents and Government Approval on Atorvastatin in China

2 Sales of Atorvastatin in China, 2013-2017
2.1 Sales Value of Atorvastatin
2.1.1 Overall Sales Value
2.1.2 Sales Value in Parts of China
2.2 Sales Volume of Atorvastatin
2.2.1 Overall Sales Volume
2.2.2 Sales Volume by Region
2.3 Sales of Atorvastatin by Dosage Form in China, 2013-2017
2.3.1 Tablets
2.3.2 Capsules

3 Analysis on Major Atorvastatin Manufacturers in China, 2013-2017
3.1 Analysis on Market Share of Major Atorvastatin Manufacturers
3.1.1 Market Share by Sales Value
3.1.2 Market Share by Sales Volume
3.2 Pfizer
3.2.1 Enterprise Profile
3.2.2 Sales of Pfizer’s Atorvastatin in China
3.3 Beijing Jialin Pharmaceutical Co., Ltd.
3.3.1 Enterprise Profile
3.3.2 Sales of Beijing Jialin Pharmaceutical Co., Ltd.’s Atorvastatin in China
3.4 China Meheco Topfond Pharma Co., Ltd.
3.4.1 Enterprise Profile
3.4.2 Sales of China Meheco Topfond Pharma Co., Ltd.’s Atorvastatin in China
3.5 Zhejiang Neo-Dankong Pharmaceutical Co., Ltd.
3.5.1 Enterprise Profile
3.5.2 Sales of Zhejiang Neo-Dankong Pharmaceutical Co., Ltd.’s Atorvastatin in China
3.6 Guangdong Baike Pharmaceutical Co., Ltd.
3.6.1 Enterprise Profile
3.6.2 Sales of Guangdong Baike Pharmaceutical Co., Ltd.’s Atorvastatin in China

4 Prices of Different Manufacturers’ Atorvastatin in China, 2017-2018
4.1 Pfizer (Trade Name: Lipitor)
4.2 Beijing Jialin Pharmaceutical Co., Ltd. (Trade Name: Ale)
4.3 China Meheco Topfond Pharma Co., Ltd. (Trade Name: Youjia)
4.4 Zhejiang Neo-Dankong Pharmaceutical Co., Ltd. (Trade Name: Youliping)
4.5 Guangdong Baike Pharmaceutical Co., Ltd. (Trade Name: Jingshu)

5 Prospect of Chinese Atorvastatin Market, 2018-2022
5.1 Factors Influencing Development
5.1.1 Driving Forces and Market Opportunities
5.1.2 Threats and Challenges
5.2 Forecast on Market Size
5.3 Forecast on Market Trend

Selected Charts
Chart Government Approval of Atorvastatin in China
Chart Sales Value of Atorvastatin in China, 2013-2017
Chart Sales Value of Atorvastatin in Parts of China, 2013-2017
Chart Sales Volume of Atorvastatin in China, 2013-2017
Chart Market Share of Top 5 Atorvastatin Manufacturers by Sales Value, 2013-2017
Chart Sales Value and Market Share of Pfizer’s Atorvastatin in China, 2013-2017
Chart Sales Value and Market Share of Beijing Jialin Pharmaceutical Co., Ltd.’s Atorvastatin in China, 2013-2017
Chart Sales Value and Market Share of China Meheco Topfond Pharma Co., Ltd.’s Atorvastatin in China, 2013-2017
Chart Sales Value and Market Share of Atorvastatin Tablets in China, 2013-2017
Chart Sales Value and Market Share of Atorvastatin Capsules in China, 2013-2017
Chart Prices of Beijing Jialin Pharmaceutical Co., Ltd.’s Atorvastatin in Parts of China, 2017-2018
Chart Prices of China Meheco Topfond Pharma Co., Ltd.’s Atorvastatin in Parts of China, 2017-2018
Chart Forecast on Sales Volume of Atorvastatin in China, 2018-2022

The post Investigation Report on Chinese Atorvastatin Market, 2018-2022 first appeared on CRI Report.