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(Medical-NewsWire.com, August 25, 2016 ) Developed by GD Searle & Pfizer, celecoxib came into the market in 1999 under the trade name of Celebrex. Ever since its debut in the US in Feb. 1999, celecoxib has been widely used and set a record for the largest amount of prescriptions among all the new drugs in that year. Celecoxib has become the No. 1 brand of anti-rheumatic drug with a reputation as the most successful branded drug in the market.
In Sep. 2000, celebrex (celecoxib capsule) made by Pfizer Inc was approved by CFDA to enter China.
Celecoxib develops fast then, annual sales rising from CNY 20 million in 2005 to CNY 164 million in 2014 and CAGR reaching up to 24.59% during the period of 2005-2014. Celecoxib enjoys a vast demand in China. Currently, celecoxib in the Chinese market mainly come from two companies: Pfizer Inc and Shire Plc. They monopolize the Chinese market and Pfizer has a larger market share of over 98%, sales value reaching up to CNY 162 million in 2014.
The market size of celecoxib is expected to keep expanding in China in the next few years.
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Readers can get at least the following information from this report:
-market size of celecoxib in China
-market share of manufacturers of celecoxib in China
-price of celecoxib in Chinese market
-major manufacturers of celecoxib in Chinese market
-market outlook of celecoxib in China
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The author suggests the following groups of people purchase this report:
-manufacturers of NSAIDs
-investors/ research institutions interested in Chinese medicine market
-any interest in the Chinese medicine market, please contact CRI for customized survey service
Browse full report with TOC : https://marketreportscenter.com/reports/133384/investigation-report-on-china-celecoxib-market-2010-2019
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Sam Collins
Market Reports Center
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Market Reports Center
Sam Collins
1-646-883-3044
sam@marketreportscenter.com
Source: EmailWire.Com 
Source: EmailWire.com
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