Nootropics market was valued at USD 10.90 billion in 2021 and is expected to reach USD 30.75 billion by 2029, registering a CAGR of 13.85% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
In recent years, the nootropics market is anticipated to grow rapidly during the forecast period. Nootropics help the brain focus, which is very useful for athletes. As a result, businesses have targeted these customers carefully. For instance, Koios, a nootropic beverage company based in Colorado, promotes its products by hiring elite athletes for advertisements and supporting well-known e-sports teams. Citicoline, Choline bitartrate, Alpha-GPC, Caffeine, and N-Acetyl-L-Tyrosine are examples of naturally produced nootropics that aid in focus enhancement. To meet the overwhelming demand from consumers, goods makers have started releasing new products.
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Market Analysis and Insights: Nootropics Market:
Nootropics are supplements, smart medications, psychological enhancers, pharmaceuticals, or other substances that can help people with good health improve their cognitive function, specifically executive functions, motivation, creativity, and memory. These are available in both prescription as well as non-prescription forms. Prescription nootropics are drugs that are used to treat conditions such as Alzheimer's disease, attention deficit hyperactivity disorder (ADHD), and narcolepsy.
Nootropics Market Scope and Market Size
The nootropics market is segmented on the basis of type, indication, dosage form, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Indication
· Productivity and Study
· Socialising
· Exercise and Health
· Wellbeing
· Others
Dosage form
· Tablets
· Capsules
· Injections
· Others
Route of Administration
· Oral
· Parenteral
· Others
End-Users
· Hospitals
· Specialty Clinics
· Homecare
· Others
Table of Contents: Global Nootropics Market
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on Nootropics in Healthcare Industry
7 Global Nootropics Market, by Product Type
8 Global Nootropics Market, by Modality
9 Global Nootropics Market, by Type
10 Global Nootropics Market, by Mode
11 Global Nootropics Market, by End User
12 Global Nootropics Market, by Geography
13 Global Nootropics Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports
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