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Povidone Iodine Market Size
- Report ID: GMI5018
- Published Date: Mar 2022
- Report Format: PDF
Povidone Iodine Market Size
Povidone Iodine Market size exceeded USD 151.5 Million in 2021 and is estimated to grow at over 4.5% CAGR between 2022 and 2028. Growing demand for antiseptic agents in the healthcare sector should promote the overall market growth.
Povidone iodine is a complex element of iodine, hydrogen iodine, and povidone which appears as a brown powder. It is available in liquid and powder form and is widely used as an antiseptic and disinfectant in healthcare applications. For instance, povidone iodine is used to disinfect the skin of patients for both pre-surgery and post-surgery and the hands of healthcare workers. Moreover, it is also used as an antiseptic agent in the production of antiseptic scrubs, ointments, and gargle solutions.
| Report Attribute | Details |
|---|---|
| Base Year: | 2021 |
| Povidone Iodine Market Size in 2021: | 151.9 million (USD) |
| Forecast Period: | 2022 to 2028 |
| Forecast Period 2022 to 2028 CAGR: | 4.5% |
| 2028 Value Projection: | 211.5 million (USD) |
| Historical Data for: | 2017 to 2021 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 259 |
| Segments covered: | Formulation Type, Concentration, and Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Povidone iodine is increasingly used as an antiseptic agent in the healthcare sector owing to its ability to kill micro-organisms and decrease the risk of infection. An increasing number of invasive surgeries and rapid growth in the healthcare industry in developed and developing economies is accelerating the demand for antiseptic products. This trend is projected to support the market statistics. Furthermore, the product is also used in treating skin, mouth, and throat infections, which in turn, drives the industry statistics.
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Povidone Iodine Market Scope
