Vinopocetine Drugs Market Outlook 2030
Vinopoectine is a synthetic derivative of the Vinca alkaloid Vincamine. Vincamine is isolated from seeds of Voacanga aricana or the leaves of Vinca minor. Vinopocetine can be used in improvement of blood circulation in brain and treatment of cerebrovascular disorders such as stroke & dementia. Vinpocetine is helpful to enhance memory in Alzheimer’s diseases and help to improve cognitive functions. Vinopocetine can cause adverse effects such flushing, nauseas, dizziness, dry mouth, hypertension, and others. Furthermore, during pregnancy vinopocetine can harm the development of fetus and cause miscarriage.
COVID-19 Impact Analysis
COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing shortage of these drugs. Thus, the pharmaceutical and biotechnology industry is expected to witness a significant growth in the future owing to the demand for vaccine and treatment drugs for COVID-19. This in turn is expected to have a significant impact on the vinopocetine drugs market.
Top Impacting Factors
- Surge in number of neurological disorder, increase in patient pool suffering from Alzheimer’s disease across the globe, rise in incidences of lifestyle diseases, surge in cases of cerebrovascular diseases, and increase in awareness regarding maintain of good health are the key factors that drive the growth of vinopocetine drugs market.
- In addition, rise in adoption of advance healthcare sector, increase in demand for dietary supplements, surge in concerns about balance diet, rise in demand for neural inflammation reducing drugs, surge in R & D activities to improve efficacy of vinopocetine drugs, and increase in investment on healthcare sector are some factors that fuel the growth of vinopocetine drugs market.
- However, severe side effects of vinopocetine drug during pregnancy and lack of proper research on vinopocetine hinder the growth of vinopocetine drugs market.
- Contrarily, growth of opportunities in emerging countries and expected rise in demand of nutritional products are expected to offer lucrative opportunities for the expansion of the market.
Market Trends
R&D Activities for Launch of Novel Vinopocetine Product
In 2018, Food and Drug Administration announced vinopocetine can be used as dietary supplement in day to day lifestyle.
In 2018, a study conducted by PubMed shows that the vinopocetine is a multi caction agent with a number of pharmacological targets. Vinopocetine help to reduce inflammation, reduce the cell toxicity & cell death, and help in neurotransmission.
Key Benefits of the Report
- This study presents the analytical depiction of vinopocetine drugs market industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the vinopocetine drugs market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Vinopocetine Drugs Market Report
- Which are the leading players active in the vinopocetine drugs market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is "vinopocetine drugs"?
- What is "vinopocetine drugs" market prediction in the future?
- Who are the leading global players in the "vinopocetine drugs" market?
- What are the current trends and predicted trends?
- What are the key benefits of the "vinopocetine drugs" market report?
Vinopocetine Drug Market Report Highlights
| Aspects | Details |
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 Key Market Players | ZhiTong, Northeast Pharma, Micro Labs, Welman, Gedeon Richter Plc., Runhong, Haerbin Medisan, Sun Pharma, Wuhan Hualong Biopharmaceutical, Liaoning Zhiying |
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