Global Beta Inosine Market - 2024-2031
Global Beta Inosine Market reached US$ XX million in 2023 and is expected to reach US$ XX million by 2031, growing at a CAGR of XX% during the forecast period 2024-2031
Inosine, a nucleoside formed when hypoxanthine is attached to a ribose ring, is crucial for gene translation in wobble base pairs. It is found in tRNAs and has led to advancements in immunotherapy.
Inosine monophosphate is oxidized by the enzyme inosine monophosphate dehydrogenase, producing xanthosine monophosphate, a precursor in purine metabolism. Mycophenolate mofetil, an anti-metabolite drug, inhibits inosine monophosphate dehydrogenase and is used in treating autoimmune diseases like granulomatosis with polyangiitis this is because B cells' purine uptake can exceed 8 times that of normal body cells, targeting white cells that cannot operate purine salvage pathways.
Market Dynamics: Drivers & Restraints
Rise in the prevalence of parkinson’s disease
The increasing prevalence of Parkinson's disease is driving the market for inosine, a compound with potential neuroprotective effects. Inosine, metabolized to urate, has been linked to reduced risk of Parkinson's disease and slower progression. The pharmaceutical industry is investing in clinical trials and drug development programs to explore inosine's efficacy and safety for Parkinson's disease patients.
For instance, according to the Parkinson’s Foundation, around one million people in the U.S. suffer from Parkinson's disease, the second-most common neurodegenerative disease after Alzheimer's. The disease affects around 90,000 people in the U.S. annually and over 10 million worldwide. The incidence increases with age, with 4% diagnosed before age 50. Men are 1.5 times more likely to develop Parkinson's disease than women.
Side effects associated with the inosine
There are ongoing concerns regarding the safety and long-term effects of inosine supplementation, particularly at higher doses. Potential side effects and adverse reactions could lead to stricter regulations and cautious adoption . The common side effects that a individual who are on the treatment with inosine pranobex are nausea, stomach discomfort, increased liver enzymes and blood urea nitrogen, itching, skin rashes, headaches, vertigo, fatigue or malaise (feeling unwell), joint pain.
Segment Analysis
The global beta inosine market is segmented based on product type, form, application, end-user and region.
The pharmaceutical grade from the product type segment accounted for approximately 47.3%. of the beta inosine market share
The pharmaceutical grade from the product type segment accounted for approximately 47.3%. Pharmaceutical grade Beta Inosine is a versatile compound with several capacity therapeutic programs, specifically in areas requiring stronger energy metabolism, neuroprotection, and immune support. Its excessive purity and fineness make it suitable for use in numerous pharmaceutical formulations aimed at treating and dealing with an extensive range of health situations.
Geographical Analysis
North America is estimated to hold about 38.4% of the total market share throughout the forecast period
North America is estimated to hold about 38.4% of the total market share throughout the forecast period owing to factors like the novel product launches, FDA approvals, advanced healthcare infrastructure in the region, collaborations and partnerships and others help the region to grow during the forecast period.
For instance, in October 2023, ZS, a global management consulting and technology firm, announced the launch of the AI-powered ZAIDYN Beta Inosine solution, part of the ZAIDYN by ZS platform. ZAIDYN Beta Inosine helps pharmaceutical companies, healthcare providers and payers innovate so they can understand unmet needs, better engage with patients and improve health outcomes. In an evolving healthcare ecosystem, it’s vital for these entities to have intelligence they can trust.
Market Segmentation
By Product Type
• Pharmaceutical Grade
• Food Grade
• Industrial Grade
By Form
• Powder
• Capsules/Tablets
• Liquids
By Application
• Multiple Sclerosis (MS)
• Parkinson's Disease
• Others
By End User
• Healthcare and Pharmaceuticals
• Food and Beverage
• Biotechnology
• Others
By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Spain
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
• Middle East and Africa
Competitive Landscape
The major global players in the market include Merck KGaA, LGC Limited, Combi-Blocks Inc, Tokyo chemical industry, Thermo Fisher Scientific, Parchem fine & specialty chemicals, Aronis compounds, ChemTik, AK Scientific Inc among others.
Why Purchase the Report?
• To visualize the global beta inosine market segmentation based on product type, form, application, end user, and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of the beta inosine market level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global beta inosine market report would provide approximately 64 tables, 61 figures, and 186 pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies
- 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
- 2. Definition and Overview
- 3. Executive Summary
- 3.1. Snippet by Product Type
- 3.2. Snippet by Application
- 3.3. Snippet by End User
- 3.4. Snippet by Region
- 4. Dynamics
- 4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. Rise in the prevalence of Parkinson’s diseases
- 4.1.1.2. Rise in the development of novel drug delivery
- 4.1.2. Restraints
- 4.1.2.1. Side effects associated with the inosine
- 4.1.2.2. XX
- 4.1.3. Opportunity
- 4.1.4. Impact Analysis
- 5. Industry Analysis
- 5.1. Porter's Five Force Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
- 5.5. Patent Analysis
- 5.6. PESTLE Analysis
- 5.7. SWOT Analysis
- 5.8. DMI Opinion
- 6. By Product Type
- 6.1. Introduction
- 6.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 6.1.2. Market Attractiveness Index, By Product Type
- 6.2. Pharmaceutical Grade *
- 6.2.1. Introduction
- 6.3. Food Grade
- 6.4. Industrial Grade
- 7. By Form
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 7.1.2. Market Attractiveness Index, By Form
- 7.2. Powder*
- 7.2.1. Introduction
- 7.3. Capsules/Tablets
- 7.4. Liquids
- 8. By Application
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 8.2. Market Attractiveness Index, By Application
- 8.3. Multiple Sclerosis (MS)*
- 8.3.1. Introduction
- 8.3.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.4. Parkinson's Disease
- 8.5. Others
- 9. By End User
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 9.1.2. Market Attractiveness Index, By End User
- 9.2. Healthcare and Pharmaceuticals*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. Food and Beverage
- 9.4. Biotechnology
- 9.5. Others
- 10. By Region
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 10.1.2. Market Attractiveness Index, By Region
- 10.2. North America
- 10.2.1. Introduction
- 10.2.2. Key Region-Specific Dynamics
- 10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.2.7.1. U.S.
- 10.2.7.2. Canada
- 10.2.7.3. Mexico
- 10.3. Europe
- 10.3.1. Introduction
- 10.3.2. Key Region-Specific Dynamics
- 10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.3.7.1. Germany
- 10.3.7.2. UK
- 10.3.7.3. France
- 10.3.7.4. Italy
- 10.3.7.5. Spain
- 10.3.7.6. Rest of Europe
- 10.4. South America
- 10.4.1. Introduction
- 10.4.2. Key Region-Specific Dynamics
- 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.4.7.1. Brazil
- 10.4.7.2. Argentina
- 10.4.7.3. Rest of South America
- 10.5. Asia-Pacific
- 10.5.1. Introduction
- 10.5.2. Key Region-Specific Dynamics
- 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 10.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.5.7.1. China
- 10.5.7.2. India
- 10.5.7.3. Japan
- 10.5.7.4. South Korea
- 10.5.7.5. Rest of Asia-Pacific
- 10.6. Middle East and Africa
- 10.6.1. Introduction
- 10.6.2. Key Region-Specific Dynamics
- 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
- 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End User
- 11. Competitive Landscape
- 11.1. Competitive Scenario
- 11.2. Market Positioning/Share Analysis
- 11.3. Mergers and Acquisitions Analysis
- 12. Company Profiles
- 12.1. Merck KGaA*
- 12.1.1. Company Overview
- 12.1.2. Product Portfolio and Description
- 12.1.3. Financial Overview
- 12.1.4. Key Developments
- 12.2. LGC Limited
- 12.3. Combi-Blocks Inc
- 12.4. TOKYO CHEMICAL INDUSTRY
- 12.5. Thermo Fisher Scientific
- 12.6. Parchem fine & specialty chemicals
- 12.7. Aronis compounds
- 12.8. ChemTik
- 12.9. AK Scientific Inc
- LIST NOT EXHAUSTIVE
- 13. Appendix
- 13.1. About Us and Services
- 13.2. Contact Us
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