The global Nitric Oxide Supplements Market is estimated to be valued at US$ 810 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
The growing consumer preference for functional foods and nutraceuticals owing to the associated health benefits has boosted the demand for nitric oxide supplements globally. Rising awareness regarding cardiovascular health prevention has further augmented the growth of nitric oxide supplements market.
Market Overview:
Nitric oxide supplements are used to increase nitric oxide levels in the body. Nitric oxide plays an important role in cardiovascular function, immune system response, and neural communication. It helps to lower blood pressure and supports overall cardiovascular health.
Market key trends:
The increasing adoption of nitric oxide supplements as an alternative therapy for various diseases like hypertension, diabetes and cardiovascular disorders is the major trend witnessed in the market. Growing preference towards alternative and herbal supplements over pharmaceutical drugs is another key trend fueling the growth of nitric oxide supplements market. Expanding application scope of nitric oxide supplements in sports nutrition is expected to offer lucrative opportunities in the forthcoming years.
Segment Analysis
The global Nitric Oxide Supplements Market Size is dominated by the therapeutic segment. This is attributed to the wide adoption of nitric oxide supplements for various therapeutic applications such as treatment of pulmonary arterial hypertension and improvement of exercise capacity in chronic obstructive pulmonary disease patients.NO supplements play a critical role in dilating blood vessels and regulating blood pressure, due to which the therapeutic segment holds the largest share.
Key Takeaways
The global nitric oxide supplements market is expected to witness high growth, exhibiting a CAGR of 10.% over the forecast period, due to increasing prevalence of cardiovascular and respiratory diseases.
Regional analysis
North America dominates the global nitric oxide supplements market and is expected to continue its dominance over the forecast period. This is attributed to high healthcare expenditure and presence of major market players in the region. Asia Pacific exhibits the fastest growth due to growing healthcare infrastructure and increasing healthcare expenditure in emerging countries such as India and China.
Key players
Key players operating in the nitric oxide supplements market are Thermo Fisher Scientific, Merck KGaA, GENERAL ELECTRIC, Horiba, Teledyne Analytical Instruments, Yokogawa Electric Corporation, Spectris, Emerson Electric Co., ABB, Honeywell International Inc, Siemens AG, AMETEK.Inc, DKK-TOA CORPORATION, Drägerwerk AG & Co. KGaA, Analytical Systems Keco, ECD, Nova Analytical Systems, Shimadzu Corporation, Servomex, Adev.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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