The global ginkgo Biloba extract injection market is anticipated to grow at a CAGR of 8.9 % during the forecast period (2022-2028). Ginkgo Biloba is a tree with several medicinal properties in its leaves. The global ginkgo Biloba extract injection market is developing as the pharmaceutical sectors evolve and people become more aware of the benefits of ginkgo Biloba extract. Furthermore, rising commercialization, reimbursement policies, and supportive government laws are all factors favoring the growth potential of the market during the forecast period. The global Ginkgo Biloba Extract injection market is also being driven by the post-Covid market situation, which is gaining economic strength.
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The rising prevalence of central nervous system ailments such as Alzheimer’s disease, Parkinson’s disease, brain cancer, anxiety disorders, and epilepsy among the population is a major factor driving demand for ginkgo Biloba extract injection market over the forecast period. According to the Alzheimer’s Association, approximately 5 million people worldwide are affected by Alzheimer’s disease, with that figure expected to rise to 14 million by 2050. In 2018, an estimated 300,000 people were diagnosed with brain cancer worldwide, with 240,000 people dying as a result. Ginkgo Biloba extract is used to treat visual impairments, memory problems, depression, and anxiety, among other things. Alzheimer’s disease, premenstrual syndrome, schizophrenia, stroke, dizziness, and other conditions are effectively treated by ginkgo Biloba. This is fuelling the global ginkgo Biloba market by expanding the use of ginkgo Biloba extract.
Furthermore, covid-19 has created a positive impact on the ginkgo Biloba extract injection market. According to a study published in JAMA Neurology, in 2020, which involved 214 patients in China. COVID-19 has been shown to have severe effects on the respiratory system, as well as impacts on the central and peripheral nervous systems. Encephalopathy, inflammation, ischemic stroke, and peripheral neurological diseases are among them. Patients with severe COVID-19 sickness displayed neurologic signs of acute cerebrovascular disease, decreased consciousness, and skeletal muscle injury.
Additionally, according to the National Library of Medicine in February 2021, ginkgo Biloba includes quercetin and other compounds that have anti-inflammatory and immunological modulator effects by lowering pro-inflammatory cytokine concentrations, which can help to minimize the risk of covid-19 infection. Inflammation is caused by cytokines, which are triggered by lung lining damage. Ginkgo biloba lowered the risk of asthma, sepsis, and other respiratory diseases, as well as cigarette smoking’s effect on respiratory symptoms which will further drive the market growth during the forecast period.
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Competitive Landscape-
Dr. Willmar Schwabe India Pvt. Ltd., Ipsen Pharma, Jiangsu Kanion Pharmaceutical Co., Ltd., among others.
By Type
- 5 ml
- 10 ml
By Product Type
- Capsule
- Tablet
- Liquid
By Application
- Stroke and Other Central Nervous System Disease
- Memory Decline and Other Brain Function Decline Disease
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Scope of the Report
The research study analyzes the Global Ginkgo Biloba Extract Injection industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Ginkgo Biloba Extract Injection Market Report
1. What was the Global Ginkgo Biloba Extract Injection Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Ginkgo Biloba Extract Injection Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Ginkgo Biloba Extract Injection Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Ginkgo Biloba Extract Injection market.
- The market share of the Global Ginkgo Biloba Extract Injection market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Ginkgo Biloba Extract Injection market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Ginkgo Biloba Extract Injection market.
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