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Global Botanical and Plant Derived Drugs Market Size, Status and Forecast 2021-2027

Botanical drugs are those drugs which are derived from medicinal plants. Plant derived drugs are combination of botanical as well as other approved drugs that contains plant materials, synthetic and semi synthetic substances. Botanical drugs consist of vegetable material, algae and macroscopic fungi. They are used in treatment of various diseases, such as central nervous system disorders, cardiovascular diseases, infectious diseases and respiratory diseases. Botanical drugs are available in various forms, such as pills, tablets, capsules and injections. Botanical drugs, such as aescin, adoniside, atropine and berberine, are derived from plants. These drugs are used as an important component of traditional medicine and therapies, such as homeopathy and ayurvedic medicines. Some of the major classes of plant drugs are terpenes, steroids, glycosides and phenols. Globally, increased usage of botanical drugs as an alternative to synthetic medicine and increasing prevalence of various chronic diseases are some of the major drivers for growth of botanical and plant derived drugs. In addition, low cost of botanical drugs and technological advancement in production procedure of botanical drugs are also supporting in growth of botanical and plant derived drugs market. However, stringent laws and regulations for approval of botanical drugs is a key restraint for botanical and plant derived drugs market. Market Analysis and Insights: Global Botanical and Plant Derived Drugs Market The global Botanical and Plant Derived Drugs market size is projected to reach US$ 37100 million by 2027, from US$ 28140 million in 2020, at a CAGR of 3.6% during 2021-2027. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Botanical and Plant Derived Drugs market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Botanical and Plant Derived Drugs market in terms of revenue. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Botanical and Plant Derived Drugs market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Botanical and Plant Derived Drugs market. Global Botanical and Plant Derived Drugs Scope and Market Size Botanical and Plant Derived Drugs market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Botanical and Plant Derived Drugs market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027. Segment by Type Tablets Capsules Pills Injections Segment by Application Hospital Pharmacies Retail Pharmacies Online Pharmacies Drug Stores By Region North America U.S. Canada Europe Germany France U.K. Italy Russia Nordic Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA By Company Abott Laboratories Bayer Healthcare Bionova Bristol Myers Curapharm
1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Botanical and Plant Derived Drugs Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Tablets 1.2.3 Capsules 1.2.4 Pills 1.2.5 Injections 1.3 Market by Application 1.3.1 Global Botanical and Plant Derived Drugs Market Share by Application: 2016 VS 2021 VS 2
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About this Report
Report ID 425937
Category
  • Pharmaceuticals and Healthcare
Published on 30-Dec-21
Number of Pages 100
Publisher Name QY Research
Editor Rating
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