15-Jun-2020 | Facts and Factors
Findings from Facts and Factors report “Ethidium Bromide Market By Application (Antitumor Drug, Antiviral Drugs, and Immunomodulator): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Ethidium Bromide market in 2019 was approximately USD XXX Million. The market is expected to grow above a CAGR of XX% and is anticipated to reach over USD XXX Million by 2026.
Essentially, bromide to ethidium is an intermediate agent. In microbiology laboratories it acts mainly as a nucleic acid tab for processes that require agarose gel mass spectroscopy. It is generally called EtBr. Electrophoresis, a process used to separate DNA, RNA, and proteins, is the primary driver of global consumer demand for ethidium bromide. Additionally, the enormous potential of electrophoresis also increases the market for ethidium bromide in the treatment of chronic disease and in drug development. The EtBr abbreviation is usually a bromoethane abbreviation. To prevent ambiguity some used EthBr. When exposed to ultraviolet light it increases almost 20 times by bonding to DNA. As with other fluorescent materials, aromatic is ethidium bromide. The central heterocyclic form is commonly called phenanthridine, an isomer of fluorescent pigments.
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Global demand for ethidium bromide is growing exponentially as electrophoresis is increasingly being used to diagnose and treat chronic diseases. Chronic diseases including central nervous system (CNS) and cardiovascular diseases (CVD) cause metabolism disorders of lipoproteins. Electrophoresis is used to analyze the lipoproteins and apolipoproteins needed for monitoring treatment subjects. Due to the rapid spread of chronic diseases, the increasing need for diagnosis has led to a huge demand for the supply of electrophoresis reagents which has a direct effect on the global ethidium bromide market. Additionally, the market is booming due to other main factors including increased support for proteomics and genomics studies, increased industry-academic collaborations, and technological advances. A major driver of ethidium bromide is the rising technological progress in the treatment and diagnosis of genetic diseases. Hence, increased research and development investment drives the sector. The global ethidium bromide market is also rising, and the demand for personal care products is increasing. Consequently, over the forecast period, the global demand for ethidium bromide is projected to rise significantly. Untapped markets and improved health expectations would therefore generate new opportunities within the timeframe anticipated. The product's high cost could inhibit the use of ethidium bromide.
The Antiviral Drugs-segment was the largest segment of the market in 2019 on the basis of application. It is used as part of a SSRI combination therapy and has shown positive results, leading to more physicians preferring such drugs. Anticonvulsants act as a good mood stabiliser for illness by reducing the symptoms of fever and amnesia.
North America continues to dominate the global market for the treatment of bipolar disorders. The Asia Pacific market is expected to rise at a faster rate of growth as a result of increased awareness among people, increased investment in R&D, the use of skilled labor to produce products and increased investment by the pharmaceutical industry.
Top key players operating in the market are BOC Science, MP Biomedicals VWR, Cayman Chemical, Sigma-Aldrich, Stemcell Technologies and Others.
This report segments the Ethidium Bromide market as follows:
Global Ethidium Bromide Market: By Application Segmentation Analysis
- Antitumor Drug
- Antiviral Drugs
- Immunomodulator
Global Ethidium Bromide Market: Regional Segmentation Analysis
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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