China Blood Product Industry Report, 2017-2021

China Blood Product Industry Report, 2017-2021

China’s blood product market size mushroomed in 2016 under the impetus of liberalization of limited-price policy, price rises in varying degrees and lot release volume growth for blood products in 2015, estimated to reach RMB23.8 billion throughout the year, up 16.7% from 2015.

China’s blood product industry will develop at full speed boosted by downstream demand, accompanied by a steady rise in the number of plasma stations and consolidated profit margin improvement of plasma. The market size is expected to hit RMB47.5 billion in 2021.

Main features of blood product industry in China 2016 are shown as below:

1. As plasma supply increases, supply-demand balance can be seen in 2025
China’s plasma collection volume has been increasing over recent years driven by blood product price deregulation and accelerated establishment of new plasma stations. In 2016, 6,964 tons of plasma was collected in China, up 19.8% year on year. Despite continuous growth, plasma collection volume still cannot meet the ever-increasing market demand. In the future, China will see plasma collection volume shooting up propelled by a growing number of plasma collection stations and is expected to achieve balance between plasma supply and demand in 2025.

2. A steady increase in lot release volume of main products
So far, Chinese blood products are still dominated by human albumin and human immunoglobulin for intravenous injection, which take an over 70% blood product market share. In 2016, human albumin and human immunoglobulin (pH4) for intravenous injection registered respective lot release volumes of 39.31 million bottles (10g/bottle) and 10.89 million bottles (2.5g/bottle), up 17.8% and 27.4% respectively year on year.

In addition, lot release volumes of domestic blood products in short supply such as blood coagulation factor VIII, human immunoglobulin and human prothrombin complex also witnessed substantial growth in 2016, respectively 38.0%, 143.8% and 20%.

3. R&D efforts intensified for new products; comprehensive utilization of plasma to be raised
At present, Chinese blood product enterprises can separate a maximum of 11 varieties of blood products from the plasma, 3-4 varieties for general firms, indicating an extremely low rate of comprehensive utilization of plasmas. To solve the problem, Chinese blood product enterprises are accelerating the development of new products, hoping to improve comprehensive utilization of plasma.

Blood coagulation factor VIII, for example, Guizhou Taibang Biological Products Co., Ltd., Jiangxi Boya Bio-Pharmaceutical Co., Ltd., Beijing Tiantan Biological Products Co., Ltd., Zhenxing Biopharmaceutical & Chemical Co., Ltd., Wuhan Zhongyuan Ruide Biological Products Co., Ltd. etc. are actively conducting clinical trials of blood coagulation factor VIII and expected to achieve mass production in next two years.

4 Plasma-oriented pattern continues
Blood product industry relies heavily on plasma materials – the number of plasma stations directly influences plasma collection volume, which then affects raw material supply of blood product enterprises. Therefore, the number of plasma stations and plasma collection volume determine corporate position in industry.

There are over 30 blood product manufacturing enterprises in China, but only more than 20 are able to maintain normal production. Among them, Hualan Biological Engineering,Inc., Shanghai RAAS Blood Products Co., Ltd. and China Biologic Products, Inc. boast relatively high volume of plasma collection, altogether accounting for 39.6% of total plasma collections in 2016.

The report highlights the following:
Analysis on development of China blood product industry, including status quo, policy environment, market supply & demand, market size, market structure and competition pattern;
Analysis on 8 market segments of China blood product industry, including development status, competition pattern and trends;
Analysis on 13 major enterprises, including operation, blood product business, etc.;
Summary & forecast and trends.

Please Note: Extended description available upon request.

1 Overview of Blood Products
1.1 Definition
1.2 Classification
1.3 Recombinant Blood Products
1.4 Industry Chain
1.5 Features
2 Development of China Blood Product Industry
2.1 Status Quo
2.2 Policy Environment
2.3 Market Supply and Demand
2.3.1 Supply
2.3.2 Demand
2.4 Market Size
2.5 Market Structure
2.6 Competition Pattern
3 Market Segments of China Blood Product Industry
3.1 Human Albumin
3.1.1 Development Status
3.1.2 Competition Pattern
3.1.3 Prospects
3.2 Human Immunoglobulin (pH4) for Intravenous Injection
3.2.1 Development Status
3.2.2 Competition Pattern
3.2.3 Prospects
3.3 Blood Coagulation Factor VIII
3.3.1 Development Status
3.3.2 Competition Pattern
3.3.3 Prospects
3.4 Hepatitis B Immunoglobulin
3.4.1 Development Status
3.4.2 Competition Pattern
3.5 Human Immunoglobulin
3.5.1 Development Status
3.5.2 Competition Pattern
3.6 Human Prothrombin Complex
3.6.1 Development Status
3.6.2 Competition Pattern
3.7 Tetanus Immunoglobulin
3.7.1 Development Status
3.7.2 Competition Pattern
3.8 Human Rabies Immunoglobulin
3.8.1 Development Status
3.8.2 Competition Pattern
4 Major Enterprises
4.1 China Biologic Products, Inc. (NASDAQ: CBPO)
4.1.1 Profile
4.1.2 Operation
4.1.3 Revenue Structure
4.1.4 Gross Margin
4.1.5 R&D and Investment
4.1.6 Shandong Taibang Biological Products Co., Ltd.
4.1.7 Guizhou Taibang Biological Products Co., Ltd.
4.1.8 Xi'an Huitian Blood Products Co., Ltd.
4.1.9 Development and Forecast
4.2 Hualan Biological Engineering,Inc.
4.2.1 Profile
4.2.2 Operation
4.2.3 Revenue Structure
4.2.4 Gross Margin
4.2.5 R&D and Investment
4.2.6 Customer
4.2.7 Blood Product Business
4.2.8 Development and Forecast
4.3 Shanghai RAAS Blood Products Co., Ltd.
4.3.1 Profile
4.3.2 Operation
4.3.3 Revenue Structure
4.3.4 Gross Margin
4.3.5 R&D and Investment
4.3.6 Customer
4.3.7 Blood Product Business
4.3.8 Development and Forecast
4.4 Beijing Tiantan Biological Products Co., Ltd. (TIANTANBIO)
4.4.1 Profile
4.4.2 Operation
4.4.3 Revenue Structure
4.4.4 Gross Margin
4.4.5 R&D and Investment
4.4.6 Customer
4.4.7 Blood Product Business
4.4.8 Development and Forecast
4.5 Zhenxing Biopharmaceutical & Chemical Co., Ltd.
4.5.1 Profile
4.5.2 Operation
4.5.3 Revenue Structure
4.5.4 Gross Margin
4.5.5 Customer
4.5.6 R&D and Investment
4.5.7 Blood Product Business
4.5.8 Development and Forecast
4.6 Jiangxi Boya Bio-Pharmaceutical Co., Ltd.
4.6.1 Profile
4.6.2 Operation
4.6.3 Revenue Structure
4.6.4 Gross Margin
4.6.5 R&D and Investment
4.6.6 Customer
4.6.7 Blood Product Business
4.6.8 Development and Forecast
4.7 Humanwell Healthcare Group Co., Ltd.
4.7.1 Profile
4.7.2 Operation
4.7.3 Revenue Structure
4.7.4 Gross Margin
4.7.5 R&D and Investment
4.7.6 Blood Product Business
4.7.7 Development and Forecast
4.8 Sichuan Yuanda Shuyang Pharmaceutical Co., Ltd.
4.8.1 Profile
4.8.2 Blood Product Business
4.9 Shanghai Institute of Biological Products Co., Ltd.
4.9.1 Profile
4.9.2 Blood Product Business
4.10 Shanxi Kangbao Biological Product Co., Ltd.
4.10.1 Profile
4.10.2 Blood Product Business
4.11 Green Cross China
4.11.1 Profile
4.11.2 Blood Product Business
4.12 Walvax Biotechnology Co, Ltd.
4.12.1 Profile
4.12.2 Operation
4.12.3 Blood Product Business
4.13 Shenzhen Weiguang Biological Products Co., Ltd.
4.13.1 Profile
4.13.2 Operation
4.13.3 Revenue Structure
4.13.4 Gross Margin
4.13.5 Customer
4.13.6 R&D and Investment
4.13.7 Blood Product Business
5 Summary and Forecast
5.1 Summary and Forecast
5.2 Trends
5.2.1 Policies Encourage Industrial Development
5.2.2 Industrial Consolidation Accelerates, Concentration Further Enhances
5.2.3 Demand-Supply Gap and Product Consumption Structure Improvement are Beneficial to Industrial Development
5.2.4 Plasma Collection Volume and Number of Plasma Stations Determine Position in Industry
5.2.5 Comprehensive Utilization of Plasma Increases

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