According to the report by Expert Market Research (EMR), the global normal saline for parenteral use market is projected to grow at a CAGR of 5.50% between 2024 and 2032. Aided by the increasing prevalence of chronic diseases and a growing emphasis on hydration and electrolyte balance therapies, the market is expected to grow significantly by 2032.
Normal saline, a sterile solution of sodium chloride (0.9% NaCl) in water, is widely used for intravenous infusion to provide water and electrolytes to the body. It finds critical applications in hospitals and clinics for hydration therapy, as a vehicle for drug delivery, and in various medical procedures including dialysis.
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The normal saline for parenteral use market growth is significantly driven by the rising incidence of diseases such as diabetes, kidney disorders, and gastrointestinal diseases, where hydration balance is crucial. The increase in surgical procedures and the growing need for post-operative care requiring intravenous administration of fluids also contribute to the market expansion.
Another factor propelling the market is the rising demand for parenteral nutrition, particularly in cases of severe malnutrition, certain gastrointestinal disorders, and in paediatric and geriatric patients. Normal saline, being isotonic to blood, is an essential component in such nutrition therapies.
The expansion of healthcare infrastructure, especially in developing regions, coupled with increased healthcare spending and awareness, is further boosting the normal saline for parenteral use market demand. The ongoing research in personalised medicine and targeted drug delivery systems also opens new avenues for the use of normal saline in combination therapies and advanced medical treatments.
North America holds a significant share of the global market, attributed to its advanced healthcare system, high prevalence of chronic diseases, and extensive use of intravenous therapies. However, the Asia-Pacific region is witnessing rapid growth due to improving healthcare infrastructure, rising medical tourism, and an increasing patient population.
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As per the normal saline for parenteral use market analysis, the market is set to continue its growth trajectory, fuelled by ongoing healthcare advancements and the increasing global population. The trend towards more outpatient and home-based care is expected to increase the demand for user-friendly packaging and administration systems for normal saline solutions.
Normal Saline for Parenteral Use Market Segmentation
The market can be divided based on type, application, and region.
Market Breakup by Type
- Plastic Bottles
- Glass Bottles
Market Breakup by Application
- Intramuscular Injection
- Intravenous Injection
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global normal saline for parenteral use market. Some of the major players explored in the report by Expert Market Research are as follows:
- Baxter International, Inc
- Pfizer Inc
- Otsuka Pharmaceutical Co., Ltd.
- ICU Medical, Inc
- Sichuan Kelun Pharmaceutical Co., Ltd.
- Braun Melsungen AG
- Others
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