Description
China’s Infliximab Market
Infliximab is a human-mouse chimeric IgG1 monoclonal antibody targeting tumor necrosis factor (TNF-α) (composed of human IgG1 constant region and mouse variable region). It is used to treat a variety of autoimmune diseases, including Crohn’s disease, ulcerative colitis, rheumatoid arthritis, and ankylosing spondylitis.
Infliximab was developed by Johnson & Johnson. In 2007, Infliximab entered the Chinese market. By 2020, Janssen Biologics BV is the only manufacturer in the Chinese Infliximab market.
According to CRI’s market research, since Infliximab entered the Chinese market in 2007, its sales have had an increasing trend. However, the sales in China are suboptimal compared to global sales. The main reason is that most patients in China cannot afford the expensive price.
After Infliximab was included in the national medical insurance in 2019, the sales increased about 18.86% in 2020 and reached CNY213.7 million. The CAGR for Infliximab is approximately 14.65% from 2016 to 2020.
CRI analyzes that the sales of Infliximab will keep a growth trend from 2021 to 2025 due to price reduction. After the patent for Infliximab expired, more biosimilar drugs have appeared in the market.
In China, three companies have already submitted applications for Infliximab in 2019 and 2020. Therefore, in the next few years, the market share for Janssen Biologics BV will gradually shrink. At the same time, with the launch of biosimilar drugs, the price will be further reduced. The price adjustment will reduce the burden on patients, thereby increasing the use and sales of Infliximab.
Topics Covered:
-The impact of COVID-19 on China’s Infliximab market
– Sales value of China’s Infliximab 2016-2020
– Competitive landscape of China’s Infliximab market
– Prices of Infliximab in China
– Prices of Infliximab in China by regions and manufacturers
– Analysis on factors affecting the development of China’s Infliximab market
– Prospect of China’s Infliximab market from 2021 to 2025
Investigation Report on China’s Infliximab Market, 2018-2022
