Vinpocetine Drugs Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Vinpocetine (ethyl apovincaminate) is a synthetic derivative of the vinca alkaloid vincamine derived from the Voacanga africana seeds or the Vinca minor leaves also known as periwinkles. For over three decades, Vinpocetine has been clinically indicated for the treatment of cerebrovascular disorders such as stroke and dementia in Europe. Consumer perception towards cognitive health has been continuously changing in recent years. The market players operating in the nutraceuticals industry are looking beyond their immediate counterparts and product categories as new trends emerge. Particularly the market for nutraceuticals targeting brain health and cognition has attracted considerable interest from a diversity of demographic groups. Increasing emphasis on mental health due to vinpocetine - a compound extracted from the periwinkle plant - has witnessed growing demand for use as a supplement to enhance memory aspects and prevent cognitive impairment.
MARKET DYNAMICS
The Vinpocetine Drugs market is driving due to growing interest of consumers in nutraceuticals targeting brain health and cognition and increasing claims from market players marketing dietary supplements containing vinpocetine as an active ingredient that the product helps improve athletic performance, boost memory loss, and in weight management. However, limited standard clinical research showing vinpocetine effectiveness against slow aging of brain or dementia and availability of alternative medications to vinpocetine may hamper growth of the Vinpocetine Drugs market.
MARKET SCOPE
The Vinpocetine Drugs market analysis to 2028 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Vinpocetine Drugs market with detailed market segmentation by product and end user. The Vinpocetine Drugs market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Vinpocetine Drugs market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Vinpocetine Drugs market is segmented on the basis of product and end users. Based on product, the market is segmented as tablets and injections. On the basis of end user market can be segmented as hospital, drug store and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Vinpocetine Drugs market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Vinpocetine Drugs market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting Vinpocetine Drugs market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Vinpocetine Drugs market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Vinpocetine Drugs market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Vinpocetine Drugs market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
`The report analyzes factors affecting Vinpocetine Drugs market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Vinpocetine Drugs market in these regions.
MARKET PLAYERS
The report covers key developments in the Vinpocetine Drugs market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Vinpocetine Drugs market are anticipated to have lucrative growth opportunities in the future with the rising demand for Vinpocetine Drugs in the global market. Below mentioned is the list of few companies engaged in the Vinpocetine Drugs market.
The report also includes the profiles of key players in Vinpocetine Drugs market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Gedeon Richter
- Runhong
- Sun Pharma
- Wuhan Hualong Biopharmaceutical
- Haerbin Medisan
- Welman
- ZhiTong
- Liaoning Zhiying
- Micro Labs
- Northeast Pharma
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Vinpocetine Drugs Market - By Product
1.3.2 Vinpocetine Drugs Market - By End User
1.3.3 Vinpocetine Drugs Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. VINPOCETINE DRUGS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. VINPOCETINE DRUGS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. VINPOCETINE DRUGS MARKET - GLOBAL MARKET ANALYSIS
6.1. VINPOCETINE DRUGS - GLOBAL MARKET OVERVIEW
6.2. VINPOCETINE DRUGS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. VINPOCETINE DRUGS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. TABLET
7.3.1. Overview
7.3.2. Tablet Market Forecast and Analysis
7.4. INJECTION
7.4.1. Overview
7.4.2. Injection Market Forecast and Analysis
8. VINPOCETINE DRUGS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL
8.3.1. Overview
8.3.2. Hospital Market Forecast and Analysis
8.4. DRUG STORE
8.4.1. Overview
8.4.2. Drug Store Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. VINPOCETINE DRUGS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Vinpocetine Drugs Market Overview
9.1.2 North America Vinpocetine Drugs Market Forecasts and Analysis
9.1.3 North America Vinpocetine Drugs Market Forecasts and Analysis - By Product
9.1.4 North America Vinpocetine Drugs Market Forecasts and Analysis - By End User
9.1.5 North America Vinpocetine Drugs Market Forecasts and Analysis - By Countries
9.1.5.1 United States Vinpocetine Drugs Market
9.1.5.1.1 United States Vinpocetine Drugs Market by Product
9.1.5.1.2 United States Vinpocetine Drugs Market by End User
9.1.5.2 Canada Vinpocetine Drugs Market
9.1.5.2.1 Canada Vinpocetine Drugs Market by Product
9.1.5.2.2 Canada Vinpocetine Drugs Market by End User
9.1.5.3 Mexico Vinpocetine Drugs Market
9.1.5.3.1 Mexico Vinpocetine Drugs Market by Product
9.1.5.3.2 Mexico Vinpocetine Drugs Market by End User
9.2. EUROPE
9.2.1 Europe Vinpocetine Drugs Market Overview
9.2.2 Europe Vinpocetine Drugs Market Forecasts and Analysis
9.2.3 Europe Vinpocetine Drugs Market Forecasts and Analysis - By Product
9.2.4 Europe Vinpocetine Drugs Market Forecasts and Analysis - By End User
9.2.5 Europe Vinpocetine Drugs Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Vinpocetine Drugs Market
9.2.5.1.1 Germany Vinpocetine Drugs Market by Product
9.2.5.1.2 Germany Vinpocetine Drugs Market by End User
9.2.5.2 France Vinpocetine Drugs Market
9.2.5.2.1 France Vinpocetine Drugs Market by Product
9.2.5.2.2 France Vinpocetine Drugs Market by End User
9.2.5.3 Italy Vinpocetine Drugs Market
9.2.5.3.1 Italy Vinpocetine Drugs Market by Product
9.2.5.3.2 Italy Vinpocetine Drugs Market by End User
9.2.5.4 Spain Vinpocetine Drugs Market
9.2.5.4.1 Spain Vinpocetine Drugs Market by Product
9.2.5.4.2 Spain Vinpocetine Drugs Market by End User
9.2.5.5 United Kingdom Vinpocetine Drugs Market
9.2.5.5.1 United Kingdom Vinpocetine Drugs Market by Product
9.2.5.5.2 United Kingdom Vinpocetine Drugs Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Vinpocetine Drugs Market Overview
9.3.2 Asia-Pacific Vinpocetine Drugs Market Forecasts and Analysis
9.3.3 Asia-Pacific Vinpocetine Drugs Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Vinpocetine Drugs Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Vinpocetine Drugs Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Vinpocetine Drugs Market
9.3.5.1.1 Australia Vinpocetine Drugs Market by Product
9.3.5.1.2 Australia Vinpocetine Drugs Market by End User
9.3.5.2 China Vinpocetine Drugs Market
9.3.5.2.1 China Vinpocetine Drugs Market by Product
9.3.5.2.2 China Vinpocetine Drugs Market by End User
9.3.5.3 India Vinpocetine Drugs Market
9.3.5.3.1 India Vinpocetine Drugs Market by Product
9.3.5.3.2 India Vinpocetine Drugs Market by End User
9.3.5.4 Japan Vinpocetine Drugs Market
9.3.5.4.1 Japan Vinpocetine Drugs Market by Product
9.3.5.4.2 Japan Vinpocetine Drugs Market by End User
9.3.5.5 South Korea Vinpocetine Drugs Market
9.3.5.5.1 South Korea Vinpocetine Drugs Market by Product
9.3.5.5.2 South Korea Vinpocetine Drugs Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Vinpocetine Drugs Market Overview
9.4.2 Middle East and Africa Vinpocetine Drugs Market Forecasts and Analysis
9.4.3 Middle East and Africa Vinpocetine Drugs Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Vinpocetine Drugs Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Vinpocetine Drugs Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Vinpocetine Drugs Market
9.4.5.1.1 South Africa Vinpocetine Drugs Market by Product
9.4.5.1.2 South Africa Vinpocetine Drugs Market by End User
9.4.5.2 Saudi Arabia Vinpocetine Drugs Market
9.4.5.2.1 Saudi Arabia Vinpocetine Drugs Market by Product
9.4.5.2.2 Saudi Arabia Vinpocetine Drugs Market by End User
9.4.5.3 U.A.E Vinpocetine Drugs Market
9.4.5.3.1 U.A.E Vinpocetine Drugs Market by Product
9.4.5.3.2 U.A.E Vinpocetine Drugs Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Vinpocetine Drugs Market Overview
9.5.2 South and Central America Vinpocetine Drugs Market Forecasts and Analysis
9.5.3 South and Central America Vinpocetine Drugs Market Forecasts and Analysis - By Product
9.5.4 South and Central America Vinpocetine Drugs Market Forecasts and Analysis - By End User
9.5.5 South and Central America Vinpocetine Drugs Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Vinpocetine Drugs Market
9.5.5.1.1 Brazil Vinpocetine Drugs Market by Product
9.5.5.1.2 Brazil Vinpocetine Drugs Market by End User
9.5.5.2 Argentina Vinpocetine Drugs Market
9.5.5.2.1 Argentina Vinpocetine Drugs Market by Product
9.5.5.2.2 Argentina Vinpocetine Drugs Market by End User
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL VINPOCETINE DRUGS MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Rest of the World
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. VINPOCETINE DRUGS MARKET, KEY COMPANY PROFILES
12.1. GEDEON RICHTER
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. RUNHONG
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. SUN PHARMA
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. WUHAN HUALONG BIOPHARMACEUTICAL
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. HAERBIN MEDISAN
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. WELMAN
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. ZHITONG
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. LIAONING ZHIYING
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. MICRO LABS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. NORTHEAST PHARMA
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Gedeon Richter
2. Runhong
3. Sun Pharma
4. Wuhan Hualong Biopharmaceutical
5. Haerbin Medisan
6. Welman
7. ZhiTong
8. Liaoning Zhiying
9. Micro Labs
10. Northeast Pharma
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.