What are the Factors Spearheading the Growth of Citicoline Market?
The Growth of Citicoline Market is huge. The Market study analyzes each market player encompassed in the market study as per its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies. SWOT analysis has been performed in the market study to investigate the strengths, weaknesses, opportunities and threats of each player. To remain ahead of your competitors, request for a sample  https://www.factmr.com/connectus/sample?flag=S&rep_id=2868  According to a recent research by Fact.MR, the citicoline market is estimated to surpass US$ 550 million in 2019. Citicoline demand is driven by a range of factors, notably increasing geriatric population and growing use among eSports players. The study offers in-depth and incisive insights on key factors influencing the global demand for citicoline. Supplement Consumption Among eSports Players: A Lucrative Opportunity  Growing popularity and increasing investments in electronic Sports is helping the market go mainstream which, in turn, is opening an assortment of opportunities for various industries. Players participating in eSports tournaments are seeking cognitive enhancing supplements which can help them concentrate, plot strategies, and improve working memory. Additionally, a ban on the use of other nootropics such as Ritalin and Adderall in eSports leagues is creating demand for permissible supplements. Citicolines negligible toxicity and its organic nature is making it an appealing prospect for eSports players. With regulations allowing the use of citicoline in functional food and supplements, manufacturers are increasingly focusing towards including the compound in their products to capitalize on the bolstering demand for cognitive-enhancing supplements in eSports. Citicolines Role in Ischemic Stroke Treatment Creating Opportunities  The adverse and often fatal impact of ischemic stroke on human health, coupled with increasing prevalence is bolstering demand for effective treatment of the condition. According to WHO, stroke is the second leading cause of death in the world and the third leading cause of disabilities in adults. For critical insights on this market, request for methodology here  https://www.factmr.com/connectus/sample?flag=RM&rep_id=2868  Additionally, the lack of a standard procedure of treatment for different ischemic stroke patients is influencing healthcare researchers to focus on the development of acute therapy for all patients. According to Fact.MRs study, citicoline is being viewed as a potential treatment option by researchers and healthcare providers. These factors are vital to citicoline market growth and are expected propel proliferation during the forecast period. The study opines that citicoline demand is also likely to be influenced by its role in treatment of brain injuries. Studies suggest treatment of patients with citicoline has been beneficial in reducing headaches, dizziness, tinnitus, and in substantially relieving motor, cognitive, and mental symptoms. These developments are further driving researchers towards testing its potential use in treatment for pervasive developmental disorders such as atypical autism, Asperger Syndrome, and autism. Intensifying clinical trials and research and developmental activities in the area are expected to open new and lucrative opportunities for companies in the citicoline market. Increasing Demand for Memory-boosting Supplements for Elderly to Bolster Market Growth  The growth in the geriatric population around the world is expected to continue with the Population Reference Bureau (PRB) estimating the number of people aged over 65 to account for 16 percent of the world population by 2050. Citicoline finds widespread usage in the production of supplements for enhancing cognition in the elderly. In addition, intensifying clinical trials towards improving citicoline efficacy through its synergy with other chemicals is another vital factor estimated to drive market growth. Fact.MR opines that advancements in tablet manufacturing will bolster production of highly effective supplements, with sales of citicoline tablets estimated to reach nearly US$ 235 million in 2019. The Fact.MR report tracks the citicoline market for the period 2018-2028. According to the report, the citicoline market is projected to grow at 8.5% CAGR through 2028. Read More Trending Reports of Fact.MR-  https://www.prnewswire.com/news-releases/respiratory-virus-vaccines-rd-focused-on-covid-19-efforts-factmr-301230897.html  Key findings of the report:  Prominent manufacturers, raw material suppliers, equipment providers, traders, and distributors in the market. In-depth analysis of important market segments, market potential, impacting trends, and challenges. Critical examination of the strengths, weaknesses, opportunities and threats of each player. Extensive investigation of the effects of the growth of relevant industries. Accurate data regarding the future prospects of the during the forecast period. About Us:  Market research and consulting agency with a difference! Thats why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range  from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and well be an able research partner. 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