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Sodium Selenite Market Size to Grow US$ 91.8 Million by 2030, Growing At a CAGR of 9.3% | MP Biomedicals, Otto Chemie Pvt. Ltd., American Elements

December 9th, 2022 Coherent Market Insights Releases

Selenium is an important trace element that is generally given via serum, sodium selenite is a common source selenium in biological research. Selenium is present in selenoproteins that include selenocysteine, the selenium analogue of cysteine, such as thioredoxin reductase and glutathione peroxidase. In instance, glutathione peroxidase, a peroxide scavenger, contributes to in-vivo detoxification.

Sodium selenite can be found in a number of cell culture medium additions. Cell proliferation and cancer studies have both made use of sodium selenite. It has been used to alter the gene expression of HepG2 cells as evaluated by cDNA microarrays.

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On December 31, 2019, a Coronavirus (COVID-19) epidemic was first detected in Wuhan, China. On March 11, 2020, the World Health Organization proclaimed COVID-19 a pandemic. According to the World Health Organization’s Coronavirus (COVID-19) Dashboard, approximately 613 million cases and 6.51 million fatalities due to coronavirus illness (COVID-19) were documented globally till September 25, 2022.

The COVID-19 epidemic and lockdown in several nations throughout the world have had an influence on the financial situation of firms in all industries, including the private healthcare sector. The COVID-19 pandemic has damaged the whole healthcare supply chain, owing to tight lockdown in certain places.   The COVID-19 pandemic has impacted the economies of many countries throughout the world in three ways: directly influencing healthcare product production and demand; disrupting distribution routes; and financially damaging firms and markets. Several nations, including Thailand, Indonesia, and Singapore, are experiencing transportation and distribution issues for healthcare items.

According to the March 2022 issue of the Springer Nature magazine, sodium selenite possesses oxidizing capabilities that may impact the structure of viral proteins involved in host cell penetration. Furthermore, commencing prophylactic selenium supplementation can boost immunity safely, particularly in the elderly. The COVID-19 pandemic has had three effects on the economics of many nations throughout the world: it has directly influenced healthcare product sales and profit margins, it has disrupted distribution channels, and it has financially harmed enterprises and markets. Several countries, notably Singapore, Thailand, Indonesia, and Thailand, are dealing with transportation and distribution challenges for medical supplies.

According to the March 2022 edition of Springer Nature, sodium selenite has oxidizing properties that may affect viral protein’s structure involved in host cell penetration. Furthermore, starting preventive selenium supplementation can safely enhance immunity, especially in the elderly.

For example, according to the Dove Press publication, a study was done in China by experts from Medical University, Harbin in March 2019. After being treated with sodium selenite, mesenchymal stem cells were isolated from mouse bone marrow and evaluated for proliferation and differentiation (Na2SeO3). It was revealed that Na2SeO3 stimulates the proliferation and development of bone marrow mesenchymal stem cells (BMSCs) while also reducing their coagulation time. This activity may boost the therapeutic potential of BMSCs.

Growing application of sodium selenite in cancer are likely to contribute to the expansion of the worldwide sodium selenite market during the forecast period. For example, according to a Hindawi journal article, a study was conducted in Hubei Selenium and Human Health Institute, China, in October 2019. The results of this research showed a novel combination therapy using sodium selenite (SS) and a prodrug of doxorubicin/adriamycin (ADM), which tried to prevent gastric cancer cells from growing and cause death by process of apoptosis.

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The negative consequences of sodium selenite are projected to be a key impediment to market expansion. Some of the risks connected taking sodium selenite are as follows:

  • Exposure to sodium selenite can result in severe irritation of the eyes and skin, and also burns and perhaps permanent eye damage.
  • Contact can cause eye injury by irritating and burning the skin and eyes.
  • Sodium Selenite may irritate the nose, throat, and lungs, resulting in coughing, wheezing, and/or shortness of breath.
  • High levels of exposure can result in headaches, nausea, vomiting, a coated tongue, a garlic-like stench on the breath and a metallic taste.
  • Long-term exposure can harm red blood cells, resulting in anemia (low blood count)

Salvi Chemical Industries Ltd, SL, Quality Chemicals, Estechpharma Co., Ltd., Inc., Spectrum Laboratory Products, Limited., Vital Materials Co., Omkar Speciality Chemicals Ltd., Research-Lab Fine Chem Industries, HiMedia Laboratories., Sisco Research Laboratories Pvt. Ltd., Global Calcium PVT LTD, American Elements, Otto Chemie Pvt. Ltd. and MP Biomedicals are among the major participants in the global sodium selenite market.

Reasons to buy this Sodium Selenite Market Report

☑ It attempts an analysis of the competing scenario.

☑ The current and exceptional product revenue market.

☑ An in-depth data on the regional investigation and competitive landscape structure.

☑ It benefits in creating an awareness of the important key product segments.

☑ The marketing strategies, opportunities, and development factors are explained.

☑ Sodium Selenite market size estimation and recent advancements in the industry are explained.

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Sodium Selenite Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Sodium Selenite Industry Impact

Chapter 2 Global Sodium Selenite Competition by Types, Applications, and Top Regions and Countries
2.1 Global Sodium Selenite (Volume and Value) by Type
2.3 Global Sodium Selenite (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Sodium Selenite Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Sodium Selenite Market Analysis
Chapter 6 East Asia Sodium Selenite Market Analysis
Chapter 7 Europe Sodium Selenite Market Analysis
Chapter 8 South Asia Sodium Selenite Market Analysis
Chapter 9 Southeast Asia Sodium Selenite Market Analysis
Chapter 10 Middle East Sodium Selenite Market Analysis
Chapter 11 Africa Sodium Selenite Market Analysis
Chapter 12 Oceania Sodium Selenite Market Analysis
Chapter 13 South America Sodium Selenite Market Analysis
Chapter 14 Company Profiles and Key Figures in Sodium Selenite Business
Chapter 15 Global Sodium Selenite Market Forecast (2022-2028)
Chapter 16 Conclusions

About Coherent Market Insights

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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