Investigation Report on China Cervus and Cucumis Polypeptide Market, 2010-2019
According to statistics, the incidence of rheumatoid arthritis (RA) is 0.2%-0.36% and the number of cases is 5-10 million in China. With the ageing population in China, over 60% of elder people aged above 60 suffer from osteoarthritis, says a study. Patients with osteoarthritis typically show reduced mobility and life quality caused by joint pain, malformation and joint dysfunction.
First developed by Gloria Pharmaceuticals Co., Ltd, cervus and cucumis polypeptide is a sterile water solution made of extracted bones of Cervus Nippon Temmick and the dry mature seeds of Cucumis melo L. And it works well in rheumatism, RA, early healing of fracture, osteoarthritis, pain in waist and lower extremities as well as wound recovery.
Cervus and cucumis polypeptide develops fast after entering China, annual sales value rising from less than CNY 10 million in 2006 to CNY 310 million in 2014 and CAGR during this period exceeding 50%. Currently, cervus and cucumis polypeptide in the Chinese market all come from the following three companies: Gloria Pharmaceuticals Co., Ltd, Heilongjiang Dilong Pharmaceutical Co., Ltd and Heilongjiang Jiangshi Pharmaceutical Co., Ltd, among which Gloria Pharmaceuticals Co., Ltd has the largest market share of over 80% for sales value in 2014.
The ageing population in China keeps growing, people aged 60 and above amounting to 212.42 million and occupying 15.5% of the total population while people aged 65 and above amounting to 137.55 million and occupying 10.1% of the total population by the end of 2014. With the ageing population, the incidence of RA will continue to grow. Therefore the market size of cervus and cucumis polypeptide is expected to keep expanding in the next few years in China.
Readers can get at least the following information from this report:
market size of cervus and cucumis polypeptide in China
competitive landscape of cervus and cucumis polypeptide in Chinese market
price of cervus and cucumis polypeptide made by different enterprises in China
market outlook of cervus and cucumis polypeptide in China
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manufacturers of RA drugs
investors/ research institutions interested in Chinese medicine market
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