India Saline Solution Market Size, Share, Industry Trends, Growth, Demand, Analysis 2022-2027

 IMARC Group has recently released a new research study titled, “India Saline Solution Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the India Saline Solution market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

What are the growth prospects of the India saline solution industry?

India saline solution market size reached a value 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.

What is a India saline solution?

A saline solution is a mixture of electrolytes, sodium chloride, and water. It is commonly used to treat dry eyes, remove and store contact lenses, and clean wounds. It is also given intravenously based on a patient's age, body size, and medical requirements to administer drugs and essential nutrients when they cannot consume them orally. It helps restore the body's fluid volume and maintains electrolyte balance. As a result, saline solution finds extensive applications in clinics, ambulatory surgical centers, hospitals, and home care centers across the country 

Impact of COVID-19: 

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.

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What are the major market drivers in the India saline solution market? 

The India saline solution market is primarily driven by the rising prevalence of chronic diseases, including neurological disorders, cardiovascular diseases (CVDs), and cancer, requiring hospitalization and surgeries. Additionally, the increasing incidences of hyponatremia (sodium deficiency), especially among the geriatric population, have augmented the product demand. 

Moreover, the surging adoption of saline solutions for treating chronic dehydration that can lead to appetite loss, fatigue, and irritability, coupled with the rising participation of individuals in strenuous physical activities, is positively influencing the market growth. Besides this, the ongoing development of medical facilities and the increasing consumer awareness regarding early disease diagnosis and its treatment are other major growth-inducing factors. 

Furthermore, several key players are introducing easy-to-use, portable packaging materials for saline solutions that can be used as drips in homecare settings, thereby contributing to the market growth. Other factors, including favorable government initiatives promoting domestic production of saline solution, rising healthcare expenditure, and improvements in medical facilities, are also anticipated to drive the market further.

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India Saline Solution Market Report Scope
Report Coverage	Details
Market size value in 2021	US$ 518 Million
Market forecast in 2027	US$ 925 Million
Growth Rate	CAGR of 10.0% from 2022 to 2027
Base year for estimation	2021
Historical data	2016-2021
Forecast period	2022-2027

Report Segmentation: 

The report has segmented the market on the basis of region, 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

Which are the top industry players in the India saline solution market?

List of Major Key Players: 

The major players in the market are 

• 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) 

• Otsuka Pharmaceutical Co. Ltd. (Otsuka Holdings Co.,Ltd).

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