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Physiological Saline Market Size
Physiological Saline Market size accounted for USD 5.3 billion in 2022 and is estimated to grow at 6.2% to reach USD 9.6 billion by 2032. The increasing prevalence of chronic diseases requiring intravenous therapies, such as cancer, diabetes, and cardiovascular conditions, fuels the demand for saline solutions.
The aging population and a rise in surgical procedures contribute to the need for sterile saline for wound irrigation and hydration. Also, advancements in medical technology and the expanding healthcare infrastructure promote the usage of saline in various medical settings. Furthermore, the ongoing focus on patient safety and infection control drives the demand for sterile solutions like saline, in turn propelling the adoption across all geographies.
Physiological saline is a sterile solution that closely resembles the composition of bodily fluids, particularly extracellular fluid. It is composed of 0.9% sodium chloride (NaCl) dissolved in water, making it isotonic and compatible with the body's physiological conditions. Physiological saline is commonly used in medical and healthcare settings for various purposes, including intravenous fluid replacement, hydration therapy, medication administration, and wound irrigation. It serves as a source of electrolytes and helps maintain fluid balance in the body.
How are plastic bottles influencing physiological saline market growth?
The plastic bottles packaging type segment is expected to observe 6.2% CAGR from 2023-2032 driven by benefits, such as lower shipping costs and reduced risk of breakage during transportation
How big is the physiological saline industry?
Global market size for physiological saline was USD 5.3 billion in 2022 and will record USD 9.6 billion by end of 2032 due to the higher prevalence of chronic diseases requiring intravenous therapies, such as cancer, diabetes, and cardiovascular conditions
How is the demand for physiological saline driven across hospitals?
The hospitals segment is expected to record 6.5% CAGR from 2023-2032 owing to the extensive range of medical procedures performed
What is the value of the physiological saline market in the U.S.?
U.S. physiological saline industry size was USD 2.3 billion in 2022 and is anticipated to witness considerable growth rate through 2032 owing to the surging demand for healthcare services across the country