Growing popularity and increasing investments in eSports 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. Citicoline’s 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.
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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. 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.MR’s 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.
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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.
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About Us
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methodology is robust and comprehensive. We employ a range of tools and
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data.
The standardization also involves use of industry-wide
analytical tools, and rigorous quality checks to validate market
forecasts and sizes. Our unwavering focus on standardization ensures
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