The global tetrodotoxin citrate market is anticipated to grow at a significant CAGR during the forecast period. The launch of novel medications, as well as therapeutic agents for pain relief in appropriate doses, are some elements propelling the market growth. Tetrodotoxin is a neurotoxin generated from the sea that blocks nerve and muscle action potentials by reversibly inhibiting the inward sodium current through voltage-activated sodium (Nav) channels. In electrophysiology, tetrodotoxin is often utilised to block excitability by suppressing action potential firing within neurons.
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In proper doses, tetrodotoxin citrate has proven to be a potential therapeutic drug for pain relief. Tetrodotoxin citrate is not an approved medicine; however, it is shown to be quite effective as a pain reliever, which is propelling the market growth. Tetrodotoxin Citrate in suitable doses can provide significant relief. Aside from the primary causes, various constraints could obstruct the market’s expansion. One of them is that, even though tetrodotoxin citrate is quite effective for pain relief, it is still not medically licenced for clinical use and has limited uses. This substance is usually found in pufferfish, and pufferfish are found in high numbers in the Asia Pacific and thus, it is the most prominent region for the tetrodotoxin citrate market.
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Market Coverage:
- Segments Covered-
o By Product Type
o By Application
- Competitive Landscape: R&D Systems, Enzo Life Sciences, and Tocris Bioscience, among others
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Detailed Segmentation:
Global Tetrodotoxin Citrate Market, By Product Type
- Low Purity (Below 97%)
- Purity (Above 97% and Below 99%)
- High Purity (Above 99%)
- Others
Global Tetrodotoxin Citrate Market, By Application
- Medical Treatment
- Bioscience Research
- Others
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