2021-2030 Analysis and Review Physiological Saline Market
Physiological Saline Market By Application (Replacement Fluid Therapy, Wound Cleansing & Irrigation, Diluent & Solvent and Others), By End Users (Hospitals, Clinics and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2027
The physiological saline market was valued at USD2,140.2Mn by 2019. Rising prevalence of water and foodborne diseases worldwide chiefly associated with dehydration primarily determines the physiological saline market growth. Additionally constant rise in the number of patients suffering from wounds and burns obtained due to traumatic accidents and occupational hazards will fortify the physiological saline market growth.
Physiological saline belongs to the crystalloid family of medications, it is acidic having a pH of 5.5, made by dissolving 9 grams of sodium chloride in 1 liter of sterile, pyrogen-free, non-toxic water. It is enlisted in the World Health Organization (WHO) list of essential medicines.
The major segments related to the physiological saline market are:
By Application (2017–2027; US$ Mn)
Replacement Fluid Therapy
Wound Cleansing & Irrigation
Diluent & Solvent
Others
By End Users (2017–2027; US$ Mn)
Hospitals
Clinics
Others
Geography Segment(2017–2027; US$ Mn)
North America
United States
Canada
Europe
United Kingdom
Germany
Russia
France
Italy
Spain
Ukraine
Rest of Europe
Asia Pacific
China
Japan
Rest of Asia Pacific
Latin America (LATAM)
Brazil
Mexico
Rest of Latin America
Middle East and Africa (MEA)
GCC
Rest of MEA
Justification for study?
Report gist?
Significant customers?
Segment Analysis
Replacement fluid therapy is dominating the application segment for the physiological saline market. As per the latest information provided by the World Bank approximately more than 663 million people worldwide do not have access to drinking clean water, which results in dehydration due to diarrhea and vomiting. Fluid replacement therapy is vital in treating patients suffering from food poisoning as it performs vital functions such as regulating body temperature, maintaining blood flow and excreting toxins from the body, etc. Wound cleansing and irrigation will be the fastest-growing application segment in the near future owing to a significant rise in wounds and burns obtained due to traumatic accidents and occupational hazards worldwide.
Hospitals are ruling the end-user segment for the physiological saline market. The major features which support its market supremacy are huge government funding to maintain an adequate inventory for physiological saline solutions and it serves as the first point of contact for patients suffering from dehydration associated with bacterial infections. Clinics are have gained strong ground in the last 2 decades and will be growing at a rapid pace during the forecast period. Developing healthcare infrastructure and the establishment of specialty clinics by huge corporate conglomerates will navigate the positive market growth for clinics in the developing regions.
Asia Pacific is representing the largest market share in the geography segment for the physiological saline market. The chief factors responsible for its market dominance are the rising prevalence of gastrointestinal infectious disease-causing severe dehydration which results in loss of body fluid due to diarrhea and vomiting. Furthermore constant rise in the inpatient admission in hospitals and clinics tending wounds inflicted due to occupational hazards and traumatic accidents will bolster the physiological saline market growth. Europe is the second-largest market on account of the rising prevalence of antibiotic-resistant infections across all age groups. According to the latest research citings brought forward by the European Commission report, approximately 33,000 Europeans die due to antibiotic-resistant infection each year. Severe dehydration is the most visible clinical manifestation encountered in patients suffering from antibiotic-resistant infections in the region. North America is going to be the fastest-growing regional segment for the physiological saline market. As per the statistics brought forward by the Center for Disease Control and Prevention (CDC), annually 128,000 U.S. citizens are hospitalized due to foodborne disease-causing diarrhea and vomiting in ailing patients. Domicile of key players such as Baxter AG, Hospira, B.Braun Melsungen AG, etc. will further bolster the market growth in the region.
$4,600 | |
$6,600 | |
$9,500 |
Request customization |
Get market alerts |
Ask for regional data |
Ask for country-specific data |