Physiological saline – a sterile solution of sodium chloride in water – is the bedrock of medicine. It is employed in all manner of medical procedures, from IV therapy to skin irrigation. The global physiological saline market is growing at an exponential rate due to the rising healthcare cost, increasing geriatric population and rising chronic diseases.

Market Dynamics

Key Drivers:

Healthcare Costs Going up: Healthcare costs going up demand affordable effective solutions such as physiological saline.

Retiring Population: As the world gets older, the prevalence of chronic disease increases, and intravenous therapies and wound care solutions increase.

Operative Procedures: Increased Surgical Procedures (Both Elective and Emergency) increasing demand for Physiological Saline.

Scientific Innovations: Medical devices and drug delivery systems are expanding the use of physiological saline.

Market Restraints:

• Lack of Flexibility in Regulation: Restrictive regulations for medical devices and pharmaceuticals prevent growth.
• Economic Swings: Medical costs are influenced by economic declines and hence the need for physiological saline.

Market Segmentation

The physiological saline market can be segmented into:

Product Type:

• Bags
• Bottles
• Pre-filled Syringes

Application:

• Intravenous Fluid Therapy
• Wound Irrigation
• Medical Device Manufacturing