The Global Smart Drugs & Pills Market report, which is available online at Reports & Markets, contains many aspects of the industry such as the market size, market growth, market status, market trends, key players, opportunities, and forecast.
The report also offers valuable information on the key industry players (pharma companies) and the growth opportunities.
Also called nootropics, smart drugs are cognitive enhancers so they are used to improve cognitive function, especially memory, creativity, or motivation. For instance, smart drugs like modafinil (Provigil) and armodafinil (Nuvigil) are often used off-label for boosting concentration, focus, motivation, learning, and other cognitive functions.
According to WebMD, while health experts generally agree that taking a prescription nootropic for an FDA-approved purpose, such as a stimulant medication if you have ADHD or donepezil if you have Alzheimer’s, maybe helpful, the use of any type of cognitive enhancer in healthy people is far more controversial.
In the United States, some smart drug supplements were found to be tainted with undeclared ingredients in 2018.
The U.S. Food and Drug Administration (FDA) and Federal Trade Commission (FTC) have warned smart drug manufacturers and users about potentially dangerous nootropic supplements.
The Global Smart Drugs & Pills Market report offers valuable insight into the progress of the industry, with an analysis of each region and segment.
Some of the key industry players include Acamp, Bio-Images Research Limited, Boston Scientific Corporation, CapsoVision, Inc., Cerner Corporation, Fujifilm Holdings Corporation, GE Healthcare, Given Imaging, Inc., Karl Storz Gmbh & Co. KG, MediSafe, Medimetrics S.A. de C.V., Medtronic, Olympus Corporation, Pentax Medical Company, and Proteus Digital Health, according to OPEN PR.
The report is segmented by company, region, type, and application. The market segmentation by regions covers North America, South America, Europe, Asia-Pacific, Middle East, and Africa. The Smart Drugs & Pills Market Report analyzes history data between 2013 and 2017, and forecast to 2026. The report also analyzes strategic moves by key players in the past few years and investments in product innovation.