China Anti-vascular Endothelial Growth Factor Therapeutics Market Size & Outlook
China anti-vascular endothelial growth factor therapeutics market, 2018-2030 (US$M)
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China anti-vascular endothelial growth factor therapeutics market highlights
- The China anti-vascular endothelial growth factor therapeutics market generated a revenue of USD 248.1 million in 2021 and is expected to reach USD 354.8 million by 2028.
- The China market is expected to grow at a CAGR of 5.2% from 2022 to 2028.
- In terms of segment, eylea was the largest revenue generating product in 2021.
- Beouvu is the most lucrative product segment registering the fastest growth during the forecast period.
Anti-vascular endothelial growth factor therapeutics market data book summary
| Market revenue in 2021 | USD 248.1 million |
| Market revenue in 2028 | USD 354.8 million |
| Growth rate | 5.2% (CAGR from 2021 to 2028) |
| Largest segment | Eylea |
| Fastest growing segment | Beouvu |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Eylea, Lucentis, Beouvu |
| Key market players worldwide | Roche Holding AG ADR, Biogen Inc, Pfizer Inc, Amgen Inc, Bausch Health Companies Inc, Viatris Inc, Coherus BioSciences Inc |
Other key industry trends
- In terms of revenue, China accounted for 2.0% of the global anti-vascular endothelial growth factor therapeutics market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Japan anti-vascular endothelial growth factor therapeutics market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 354.8 million by 2028.
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Anti-Vascular Endothelial Growth Factor Therapeutics Market Scope
Anti-Vascular Endothelial Growth Factor Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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China anti-vascular endothelial growth factor therapeutics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to anti-vascular endothelial growth factor therapeutics market will help companies and investors design strategic landscapes.
Eylea was the largest segment with a revenue share of 54.01% in 2024. Horizon Databook has segmented the China anti-vascular endothelial growth factor therapeutics market based on eylea, lucentis, beouvu covering the revenue growth of each sub-segment from 2018 to 2030.
China’s anti-VEGF therapeutics market is anticipated to witness significant growth over the forecast period, owing to a strong product pipeline and multiple product launches. In December 2020, Kanghong Pharmaceutical announced the completion of primary endpoint of phase 3 clinical trial on Conbercept for the indication of wet AMD.
The product was approved by NMPA in 2014 and is expected to launch globally by 2023. The penetration of biosimilars can enhance the bargaining power of buyers, however, negatively impacting the overall market growth. In June 2020, Innovent received NMPA’s approval for the launch of BYVASDA (bevacizumab biosimilar) in China. This product is used off-label for the indication of wet AMD.
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Horizon Databook provides a detailed overview of country-level data and insights on the China anti-vascular endothelial growth factor therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into China anti-vascular endothelial growth factor therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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