Indian Saline Solution Market Report and Industry Outlook 2022-27

Indian Saline Solution Market Report and Industry Outlook 2022-27

According to the latest report,Β Indian saline solution market reached a valueΒ of US$ 518 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 925 Million by 2027, exhibiting at a CAGR of 10.0% during 2022-2027.

A saline solution refers to a supplement fluid comprising of electrolytes, water, and sugar. It is given to patients according to their medical requirements, age, and body size for maintaining electrolyte balance. A saline solution is either applied topically or used intravenously to administer drugs and essential food nutrients in the body when an individual is unable to consume the same orally. Some of the product variants include normal saline, Ringer’s lactate solution, dextrose, etc. Consequently, saline solutions are extensively utilized in hospitals, ambulatory surgical centers, clinics, etc., across India.

India Saline Solution Industry Trends and Drivers:

The rising prevalence of several chronic ailments, including cardiovascular diseases (CVDs), neurological disorders, cancer, etc., which usually require surgeries and hospitalization, is primarily driving the India saline solution market. Besides this, the growing consumer consciousness towards early disease detection and effective treatments and the significant improvements in medical infrastructures across the country are further catalyzing the market growth.

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Moreover, the increasing participation of individuals in physical activities is stimulating the adoption of saline solutions for treating chronic dehydration that can cause appetite loss, fatigue, irritability, etc. This, in turn, is also augmenting the product demand. Additionally, the inflating need for providing essential nutrients to patients admitted to the intensive care units (ICUs), on account of the sudden outbreak of the COVID-19 pandemic, is also positively influencing the market growth. Apart from this, the introduction of easy-to-use and portable packaging materials that can be used as drips in homecare centers is anticipated to fuel the India saline solution market over the forecasted period.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Abaris Healthcare, Aculife Healthcare Pvt. Ltd. (Nirma Chemical Works Pvt Ltd.), Albert David limited, Althea Pharma, Amanta Healthcare, B Braun India Pvt. Ltd., Eurolife Healthcare Pvt. Ltd., Fresenius Kabi India Pvt. Ltd. (Fresenius Kabi AG) and Otsuka Pharmaceutical Co. Ltd. (Otsuka Holdings Co.,Ltd).

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The report has segmented the market on the basis of product type, packaging type, end-use and application.

Breakup by Product Type:

Normal Saline

Ringer’s Lactate Solution

Dextrose

Others

Breakup by Packaging Type:

500 ml

100 ml

1000 ml

250 ml

Breakup by End-Use:

Hospitals

Clinics

Ambulatory Surgery Center

Home Care Center

Others

Breakup by Application:

IV Drips

Nasal Drops

Cleaning Wounds

Eye Drops

NaCl Inhalation

Others

Breakup by Region:

South India

North India

West & Central India

East India

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Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

 If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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