Market Overview:
The global physiological saline market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for physiological saline from hospitals, clinics, and recovery centers across the globe. In addition, the growing awareness about the benefits of using physiological saline is also contributing to the growth of this market. The global physiological saline market can be segmented on the basis of type into flexible bag, plastic bottles, and glass bottles. The flexible bag segment is expected to account for a major share of this market in 2018 owing to its low cost and easy availability. On the basis of application, this market can be divided into hospitals, clinics, and recovery centers. The hospitals segment is expected to account for a major share of this market in 2018 owing to rising incidences of chronic diseases such as cancer and diabetes worldwide.
Product Definition:
Physiological saline is a 0.9% sodium chloride solution used for general irrigation, wound care, and cleaning. It is also known as normal saline or physiological salt solution.
Flexible Bag:
Flexible bags are used to transfer fluid from one container to another. It is majorly used in Physiological saline (PS) which is a solution of salt and water. The other important application of flexible bag is blood collection for laboratory tests such as coagulation, fibrinolysis, liver function tests and others. Flexible bags are also known as intravenous bags or IVbags.
Plastic Bottles:
Plastic bottles are widely used in the pharmaceutical and medical industries for packaging various solutions, which include sterile water, saline solution, and other liquids. They are available in different sizes ranging from 2 ml to 500 ml.
Application Insights:
The hospital application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growing number of hospitals, increase in patient admissions, and rising prevalence of chronic diseases are among key factors driving the demand for physiological saline solution from hospitals.
The clinics application segment is expected to register a significant CAGR during the forecast period owing to increasing awareness regarding health & hygiene among consumers coupled with an increase in spending on wellness programs by companies. Moreover, product innovation by prominent manufacturers such as Bayer HealthCare LLC that targets at providing high quality products at affordable prices will drive growth further.
Regional Analysis:
North America dominated the global market in 2017 owing to rising prevalence of chronic diseases, increasing geriatric population, and high adoption rate of advanced technologies. In addition, growing number of FDA-approved products is expected to drive the regional demand for physiological saline over the forecast period.
Europe accounted for a significant share in terms of revenue due to rise in R&D investments by pharmaceutical companies and government support towards development & approval of innovative drugs & devices. Increasing incidence rates coupled with growing aging population are anticipated to fuel growth during the forecast period.
Asia Pacific is projected to witness lucrative growth over the coming years owing to untapped opportunities and rapid economic development along with improving healthcare infrastructure facilities across emerging countries such as China & India. Moreover, low manufacturing cost associated with physiological saline will further boost its demand within Asia Pacific region during 2018 - 2030 time frame. Rising awareness regarding health maintenance will also contribute toward regional growth rate during same period.
Growth Factors:
- Increasing demand for physiological saline from hospitals and clinics for various medical applications
- Rising prevalence of chronic diseases that require regular saline infusion therapy
- Growing number of surgical procedures requiring use of physiological saline solution
- Technological advancements in the manufacturing of physiological saline products
- increasing awareness about the benefits of using physiological saline among healthcare professionals and consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Physiological Saline Market Research Report
By Type
Flexible Bag, Plastic Bottles, Glass Bottles
By Application
Hospital, Clinics, Recovery Center
By Companies
Baxter, Hospira (Pfizer), Fresenius Kabi, BBraun, Otsuka, Kelun Group, CR Double-Cran, SSY Group, Cisen, Denis Chem Lab Limited, SHREE KRISHNA KESHAV, Pharmally
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Physiological Saline Market Report Segments:
The global Physiological Saline market is segmented on the basis of:
Types
Flexible Bag, Plastic Bottles, Glass Bottles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinics, Recovery Center
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baxter
- Hospira (Pfizer)
- Fresenius Kabi
- BBraun
- Otsuka
- Kelun Group
- CR Double-Cran
- SSY Group
- Cisen
- Denis Chem Lab Limited
- SHREE KRISHNA KESHAV
- Pharmally
Highlights of The Physiological Saline Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flexible Bag
- Plastic Bottles
- Glass Bottles
- By Application:
- Hospital
- Clinics
- Recovery Center
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Physiological Saline Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Physiological saline is a salt solution that is composed of 97% water and 3% sodium chloride. It is used as a replacement for blood in medical procedures, such as during surgery or childbirth.
Some of the key players operating in the physiological saline market are Baxter, Hospira (Pfizer), Fresenius Kabi, BBraun, Otsuka, Kelun Group, CR Double-Cran, SSY Group, Cisen, Denis Chem Lab Limited, SHREE KRISHNA KESHAV, Pharmally.
The physiological saline market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Physiological Saline Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Physiological Saline Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Physiological Saline Market - Supply Chain
4.5. Global Physiological Saline Market Forecast
4.5.1. Physiological Saline Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Physiological Saline Market Size (000 Units) and Y-o-Y Growth
4.5.3. Physiological Saline Market Absolute $ Opportunity
5. Global Physiological Saline Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Physiological Saline Market Size and Volume Forecast by Type
5.3.1. Flexible Bag
5.3.2. Plastic Bottles
5.3.3. Glass Bottles
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Physiological Saline Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Physiological Saline Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinics
6.3.3. Recovery Center
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Physiological Saline Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Physiological Saline Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Physiological Saline Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Physiological Saline Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Physiological Saline Demand Share Forecast, 2019-2026
9. North America Physiological Saline Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Physiological Saline Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Physiological Saline Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinics
9.4.3. Recovery Center
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Physiological Saline Market Size and Volume Forecast by Type
9.7.1. Flexible Bag
9.7.2. Plastic Bottles
9.7.3. Glass Bottles
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Physiological Saline Demand Share Forecast, 2019-2026
10. Latin America Physiological Saline Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Physiological Saline Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Physiological Saline Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinics
10.4.3. Recovery Center
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Physiological Saline Market Size and Volume Forecast by Type
10.7.1. Flexible Bag
10.7.2. Plastic Bottles
10.7.3. Glass Bottles
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Physiological Saline Demand Share Forecast, 2019-2026
11. Europe Physiological Saline Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Physiological Saline Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Physiological Saline Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Clinics
11.4.3. Recovery Center
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Physiological Saline Market Size and Volume Forecast by Type
11.7.1. Flexible Bag
11.7.2. Plastic Bottles
11.7.3. Glass Bottles
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Physiological Saline Demand Share, 2019-2026
12. Asia Pacific Physiological Saline Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Physiological Saline Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Physiological Saline Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinics
12.4.3. Recovery Center
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Physiological Saline Market Size and Volume Forecast by Type
12.7.1. Flexible Bag
12.7.2. Plastic Bottles
12.7.3. Glass Bottles
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Physiological Saline Demand Share, 2019-2026
13. Middle East & Africa Physiological Saline Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Physiological Saline Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Physiological Saline Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinics
13.4.3. Recovery Center
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Physiological Saline Market Size and Volume Forecast by Type
13.7.1. Flexible Bag
13.7.2. Plastic Bottles
13.7.3. Glass Bottles
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Physiological Saline Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Physiological Saline Market: Market Share Analysis
14.2. Physiological Saline Distributors and Customers
14.3. Physiological Saline Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Baxter
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hospira (Pfizer)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fresenius Kabi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BBraun
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Otsuka
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kelun Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CR Double-Cran
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SSY Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cisen
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Denis Chem Lab Limited
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SHREE KRISHNA KESHAV
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pharmally
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
