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Global Normal Saline for Parenteral Use Market Share, Size: By Type: Plastic Bottles, Glass Bottles; By Application: Intramuscular Injection, Intravenous Injection; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Global Normal Saline for Parenteral Use Market Outlook
The global normal saline for parenteral use market size attained a value of USD 3.38 billion in 2023. The industry is further expected to grow at a CAGR of 5.50% between 2024 and 2032 to reach a value of USD 5.48 billion by 2032.
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Key Trends in the Market
Normal saline for parenteral use is defined as an intravenous or intramuscular administration solution developed for replenishment of fluids and electrolytes. This medication belongs to the drug family of crystalloid fluid. Normal saline is kept in a flexible container and goes through stringent testing. It can be administered to kids, adults, and geriatrics.
- The global normal saline for parenteral use market growth is being propelled by the increasing prevalence of lifestyle-related issues such as hypovolemia, severe dehydration, musculoskeletal injuries, and food poisoning, among others.
- The increasing geriatric population, leading to an increase in hospitalisation rates, is boosting the demand for normal saline for parenteral use in hospitals and ambulatory surgical centres. In addition, the increasing healthcare awareness, rising number of general surgeries, and favourable reimbursement policies of various governments are some of the crucial market bolstering factors.
- Robust investments towards product innovations are key normal saline for parenteral use market trends. Development of specialised formulations for targeted applications are increasing the applications for normal saline in the market. In addition, growing approvals by regulatory authorities are further improving the sale of the product.
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Market Analysis
Based on type, the market can be segmented into plastic bottles and glass bottles. On the basis of application, the market can be classified into intramuscular injection and intravenous injection. The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global normal saline for parenteral use market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Baxter International, Inc
- Pfizer Inc
- Otsuka Pharmaceutical Co., Ltd.
- ICU Medical, Inc
- Sichuan Kelun Pharmaceutical Co., Ltd.
- Braun Melsungen AG
- Others
Market Share by Type
The plastic bottle segment, based on type, holds a significant share in the normal saline for parenteral use market, owing to the increasing preference towards flexible and durable normal saline storage containers. In addition, plastic is lightweight, which makes it easier to transport and shift without any chance of breaking. Modern day plastics are performing extremely well in terms of high heat or extreme cold temperatures. Moreover, plastic is cheaper as compared to its counterparts which makes it ideal for storing normal saline. The increasing cost-saving efforts by hospital authorities and increasing acceptance of plastics as an affordable option in healthcare settings are further expected to bolster the market dynamics for normal saline for parenteral use in the forecast period.
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Market Share by Region
Based on region, North America holds a significant share in the market due to the high healthcare expenditure across the United States and Canada. Increasing prevalence of lifestyle related issues such as vomiting, food poisoning, dehydration, and malnourishment among the working adults is a crucial market driving factor in this region. In addition, an increase in production capacity of the major market players in the region is being witnessed which is further propelling the normal saline for parenteral use market growth.
Meanwhile, Asia Pacific is expected to witness steady growth opportunities in the forecast period due to the increasing geriatric population with chronic disorders leading to a high rate of hospitalisation.
Competitive Landscape
Baxter International, Inc is a renowned healthcare company which is based out of Illinois, United States. It was founded in the year 1931 and is currently a leading manufacturer of healthcare products designed to cater to the demands of healthcare professionals and patients. This company is dedicated towards providing hospital care, surgical care, and kidney care, among others.
Pfizer Inc is one of the largest pharmaceutical manufacturing companies worldwide, producing a wide range of pharmaceutical drugs and vaccines. A biotechnology as well as pharmaceutical company, Pfizer was founded in the year 1849 and is currently headquartered in New York, United States. This company has a history of great breakthroughs which have improved the lives of patients suffering from chronic illnesses.
Otsuka Pharmaceutical Co., Ltd. is a prominent pharmaceutical company which is headquartered in Tokyo, Japan. The company was founded in the year 1964 and currently produces and innovates a variety of pharmaceutical products including antiseptic creams, vaccines, therapeutics, antibodies, and prescription drugs, among others. Its goals are to help cure diseases while also protecting everyday health.
Other market players include ICU Medical, Inc, Sichuan Kelun Pharmaceutical Co., Ltd., and Braun Melsungen AG, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Normal Saline for Parenteral Use Market Analysis
8.1 Key Industry Highlights
8.2 Global Normal Saline for Parenteral Use Historical Market (2017-2023)
8.3 Global Normal Saline for Parenteral Use Market Forecast (2024-2032)
8.4 Global Normal Saline for Parenteral Use Market by Type
8.4.1 Plastic Bottles
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Glass Bottles
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Normal Saline for Parenteral Use Market by Application
8.5.1 Intramuscular Injection
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Intravenous Injection
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Normal Saline for Parenteral Use Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2017-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America Normal Saline for Parenteral Use Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2017-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2017-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Normal Saline for Parenteral Use Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2017-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2017-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2017-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2017-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Normal Saline for Parenteral Use Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2017-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2017-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2017-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2017-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2017-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Normal Saline for Parenteral Use Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2017-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2017-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2017-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Normal Saline for Parenteral Use Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2017-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2017-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2017-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2017-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Baxter International, Inc
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Pfizer Inc
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Otsuka Pharmaceutical Co., Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 ICU Medical, Inc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Sichuan Kelun Pharmaceutical Co., Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Braun Melsungen AG
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Normal Saline for Parenteral Use Market: Key Industry Highlights, 2017 and 2032
2. Global Normal Saline for Parenteral Use Historical Market: Breakup by Type (USD Million), 2017-2023
3. Global Normal Saline for Parenteral Use Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Normal Saline for Parenteral Use Historical Market: Breakup by Application (USD Million), 2017-2023
5. Global Normal Saline for Parenteral Use Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Normal Saline for Parenteral Use Historical Market: Breakup by Region (USD Million), 2017-2023
7. Global Normal Saline for Parenteral Use Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Normal Saline for Parenteral Use Historical Market: Breakup by Country (USD Million), 2017-2023
9. North America Normal Saline for Parenteral Use Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Normal Saline for Parenteral Use Historical Market: Breakup by Country (USD Million), 2017-2023
11. Europe Normal Saline for Parenteral Use Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Normal Saline for Parenteral Use Historical Market: Breakup by Country (USD Million), 2017-2023
13. Asia Pacific Normal Saline for Parenteral Use Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Normal Saline for Parenteral Use Historical Market: Breakup by Country (USD Million), 2017-2023
15. Latin America Normal Saline for Parenteral Use Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Normal Saline for Parenteral Use Historical Market: Breakup by Country (USD Million), 2017-2023
17. Middle East and Africa Normal Saline for Parenteral Use Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Normal Saline for Parenteral Use Market Structure
Key Questions Answered in the Report
The value of the market for normal saline for parenteral use in 2023 was USD 3.38 billion.
The market is estimated to grow at a CAGR of 5.50% in the forecast period of between 2024 and 2032.
The normal saline for parenteral use market is expected to reach a value of USD 5.48 billion by 2032.
The increasing prevalence of diarrhoea, food poisoning and sepsis, and rising hospitalisation rates due to increasing health awareness, are the major drivers of the market.
The key trends in the market include the growing regulatory approvals of normal saline for parenteral use and increasing geriatric population and associated cases of general surgeries.
Plastic bottles and glass bottles are the different types of normal saline for parenteral use.
Intramuscular injection and intravenous injection are the major applications in the market.
Normal saline for parenteral use is used to replenish fluids and electrolytes in the body.
Doctors prescribe normal saline for parenteral use to treat different conditions including diarrhoea, vomiting, food poisoning, and sepsis, among others, by restoring the levels of salt, fluids, and electrolytes in the body.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, are the major regional markets.
Baxter International, Inc, Pfizer Inc, Otsuka Pharmaceutical Co., Ltd., ICU Medical, Inc, Sichuan Kelun Pharmaceutical Co., Ltd., and Braun Melsungen AG, among others, are the key market players, according to the report.
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