Pune, India, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Physiological saline is also known as normal saline. An isotonic crystalloid solution known as normal saline has a tonicity comparable to that of plasma. An intravenous infusion of normal saline is a sterile solution. Saline is a crystalloid fluid that is non-pyrogenic and is administered intravenously. To maintain and replenish fluid and electrolyte levels in patients of all ages, the standard saline solution contains 0.9% sodium chloride. It is also important to note that normal saline is the only fluid that can be used with blood product administration. One of the potential solutions used to meet the physiological characteristics of the human body is normal saline.
According to our new research study on “Physiological Saline Market covers analysis By Product Type (Intravenous, Topical {Eye Drops, Nose Drops, Ear Drops, and Others), Type (Flexible Bag, Plastic Bottles, and Glass Bottles), Application (Fluid Replacement, Dehydration, Wound Care, and Others), End User (Hospitals & Specialty Clinics, Ambulatory Surgical Centers, and Others) and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America),” the global physiological saline market is expected to grow from $7.20 billion in 2022 and is expected to reach a value of $11.04 billion by 2030; it is anticipated to record a CAGR of 5.5% from 2022 to 2030.
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Global Physiological Saline Market: Competitive Landscape and Key Developments
Enzo Life Sciences, Inc., B. Braun, Grifols, S.A, Merck KGaA, Geno Technology Inc., Ward's Science, LABORATORIOS ERN S.A., Innaxon, Adipogen Life Sciences, Fresenius Kabi, Baxter, Pfizer Inc., Otsuka Pharmaceutical, ICU Medical, and Mustelaare among the key companies operating in the physiological saline market.
Growing Use of Physiological Saline:
The physiological saline, or isotonic saline, is sodium chloride (NaCl, or table salt), with a concentration of 0.9% (9g NaCl in 1 liter of pure water). A saline solution that is prepared with a concentration comparable to other solutions found in the human body, such as tears, blood, etc., under normal physiological function conditions is referred to as physiological saline. These solutions are prepared for internal and external uses in two different form. Physiological saline is used externally as eye drops, mouthwash, wound wash, nose and ear drops, and mouthwash all help to clean, get rid of bacteria and dirt, and stop infections. At the same time, it is administered intravenously to treat dehydration brought on by various illnesses, including diabetes and gastritis. Thus, an increase in chronic disease prevalence is likely to boost the use of physiological saline. For instance, according to the World Health Organization (WHO), if current trends continue, chronic diseases such as cardiovascular disease, cancer, diabetes, and respiratory illnesses will account for 86% of the 90 million deaths each year by 2050, representing a staggering 90% increase in absolute numbers since 2019.
Global Physiological Saline Market – Segmentation Overview:
The global physiological saline market is bifurcated into intravenous and topical based on product type. The topical segment is further divided into eye drops, nose drops, ear drops, and others. The intravenous segment held a larger market share in 2022 and is anticipated to register a higher CAGR during 2022–2030. Physiological saline, a 0.9% NaCl solution, is administered intravenously to treat dehydration brought on by various illnesses, including diabetes and gastritis. Physiological saline is the cornerstone of intravenous solutions frequently used in the clinical setting. Adult and pediatric populations are indicated as potential dehydration and electrolyte disturbance sources. Patients of all ages are susceptible to the common condition of dehydration. Millions of people in the United States suffer from dehydration, and approximately 75% of Americans are chronically dehydrated as per the National Institutes of Health (NIH)
The global physiological saline market is segmented based on type into flexible bags, plastic bottles, and glass bottles. The flexible bag segment held the largest market share in 2022 and is anticipated to register the highest CAGR during 2022–2030. Flexible solution bags' closed-system construction reduces the risk of patient contamination. Replenishing empty nebulizers and refilling chambers is made easier when solution bags are connected to the proper feed sets. The simple one-step setup provides convenience and fewer interruptions for patients.
Based on application, the global physiological saline market is segmented into fluid replacement, dehydration, wound care, and others. The dehydration segment held the largest market share in 2022 and is anticipated to register the highest CAGR during 2022–2030. Dehydration can result from cholera and other conditions. More than 99% of cholera patients survive with prompt rehydration therapy. Rehydration is, therefore the most crucial cholera treatment.
Based on end user, the global physiological saline market is segmented into hospitals & specialty clinics, ambulatory surgical centers, and others. The hospitals & specialty clinics segment held the largest market share in 2022 and is anticipated to register the highest CAGR during 2022–2030. The hospital is a medical facility that diagnoses, treats, and manages various chronic diseases. Due to the availability of advanced technologies and facilities, hospitals are usually preferred for various surgeries. Increased number of hospitals, surgical procedures, and government initiatives to develop healthcare infrastructure contribute to the segment's growth. For example, the American Hospital Association estimated 6,093 hospitals in the United States in 2022. Ambulatory care centers provide services similar to hospitals, including diagnosis, treatment, consultation, and intervention. However, some ambulatory care centers provide specialized medical services using advanced medical technologies, much like the more successful hospital chains. ASCs offer less expensive services and shorter hospital stays. An increase in the number of ASCs is likely to propel the segment growth. For instance, as of 2023, there were 8,469 ambulatory surgery centers in the U.S., a 2.1% increase from 2022.
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Global Physiological Saline Market – Regional Overview:
North America holds the largest share of the physiological saline market, with the US, Canada, and Mexico being the major contributors to the market growth in this region. The presence of key market players with a significant product portfolio is anticipated to drive regional market growth. For instance, B. Braun, Grifols, S.A, Merck KGaA, Baxter, and others are the key players operating in the market with significant product offerings in the U.S.
The market's growth in the U.S. is driven due to the number of patients with chronic diseases. In hospitals, saline solution is employed for various purposes, including rehydrating patients, flushing intravenous lines, and reconstituting medications. It is a routine but vital component of caring for those with cancer, children with the flu, or those who end up in the hospital due to an accident. Thus, an increase in the prevalence of cancer is anticipated to drive the demand for physiological saline products. For instance, according to the American Cancer Society, Inc., in the U.S., an estimated 1,918,030 all sites new cancer cases were reported in 2022. Everyone is at risk of getting cancer, but the likelihood rises significantly with age; in the U.S., people diagnosed with cancer are 80% older than 55, and 57% are older than 65. Risk can also be increased by certain actions and other factors that can be changed, such as smoking, being overweight, drinking alcohol, and adhering to a poor diet. According to estimates, 39 out of 100 women and 40 out of 100 men in the U.S. will develop cancer at some point in their lifetime.
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