Oxymatrine Market Size, Trends, Revenue Share Analysis, Forecast, 2022–2028
The latest market analysis report presented by Reports and Data is titled ‘Global Oxymatrine Market.’ The report provides a comprehensive view of the Oxymatrine market, including in-depth information about the key market segments and sub-segments. A major factor fueling global oxymatrine market revenue growth includes high use of naturally synthesized alkaloids in the treatment of various chronic diseases globally. Additionally, rising demand for biopesticides to control pests while ensuring environmental safety and increasing global geriatric population depending on natural herbal medicines for treatment of diseases such as cancer, inflammation, etc. are some factors further contributing to revenue growth of the market.
Leading Players– Fyzplantextract.com, Shaanxi Huike Botanical Development, Fujie Pharmaceutical, Jiangsu Tiansheng Pharmaceutical, and Xian Yuhui Biotechnology
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Oxymatrine has been traditionally used for therapy of Hepatitis B Virus (HBV), inflammatory diseases, and various cancers due to fewer effects and reduced cost. Oxymatrine has anti-arrhythmic, immune regulatory, and anti-tumor properties and is widely used in China for treatment of cardiac diseases such as viral myocarditis, and skin diseases like psoriasis and eczema. Increasing prevalence of such diseases, driven by a rapidly aging population in China, is expected to further drive demand for oxymatrine to a significant extent going ahead, which in turn will drive revenue growth of the global market.
Key Dynamics and Restraints
Oxymatrine is among the major alkaloid components extracted from the herb, Sophora flavescens Aiton. Active ingredients such as matrine (MT), oxymatrine (OMT), and other Sophora flavescens alkaloids and Compound Kushen Injection (CKI) are extensively used for treatment of multiple malignant tumors in patients in China. It is known to exert various biological activities such as anti-angiogenesis, proliferation-inhibiting, apoptosis-promoting, analgesic strengthening, and anti-metastasis. Sophora flavescens Aiton is used extensively in Traditional Chinese Medicine (TCM) in combination with other medicinal plants to treat fever, dysentery, asthma, eczema, jaundice, hematochezia, oliguria, vulvar swelling, inflammatory disorders, ulcers, and diseases associated with skin burns.
Limited availability of Sophora flavescens Aiton plants, lack of professionals in the laboratory to extract the alkaloid in the right manner, and growing preference towards advanced treatments to treat or cure a range of diseases are some factors expected to hamper revenue growth of the oxymatrine market to a certain extent going ahead.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Type Outlook (Revenue, USD Billion, 2018 – 2028)
- Purity: 98%
- Purity: 99%
- Purity: Above 99%
Application Outlook (Revenue, USD Billion, 2018 – 2028)
- Pharmaceuticals
- Pesticides
- Others|
Frequently Asked Questions Addressed in the Report:
- What is the estimated market revenue growth over the forecast period?
- What are the major factors driving the global Oxymatrine market revenue growth?
- Which regional market is expected to account for the largest revenue share in the global Oxymatrine market over the forecast years?
- Which are the leading players in the global Oxymatrine market?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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