Physiological Saline Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Cardinal Health Inc., Pfizer Inc., Fresenius Kabi AG, Merck KGaA, Baxter International Inc., Otsuka Pharmaceutical Co. Ltd, Grifols S.A., VWR Internation

As per the report, the physiological saline market size has grown strongly in recent years. It will grow from $5.99 billion in 2023 to $6.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The physiological saline market size is expected to see strong growth in the next few years. It will grow to $9.16 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%.

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Surgical Procedures Boosting Physiological Saline Market Growth
The rise in surgical procedures is expected to propel the growth of the physiological saline market going forward. Surgical procedures refer to medical interventions performed by trained healthcare professionals to diagnose, treat, or cure diseases, injuries, or abnormalities in the body through invasive techniques involving incisions, excisions, sutures, or other manipulations. The rise in surgical procedures can be attributed to factors such as advancements in surgical techniques, increased access to healthcare services, and an aging population with higher medical needs, driving the demand for surgical interventions. Physiological saline is used in surgical procedures to clean wounds, hydrate tissues, and serve as a medium for irrigation. For instance, in September 2023, according to the International Society of Aesthetic Plastic Surgery, a US-based professional body for board-certified aesthetic plastic surgeons, there was an approximately 11.2% overall increase in procedures performed by plastic surgeons in 2022, with more than 14.9 million surgical and 18.8 million non-surgical procedures performed worldwide, a 41.3% increase over the last four years. Therefore, the rise in surgical procedures is driving the growth of the physiological saline market.

Innovative Product Development in the Physiological Saline Market
Major companies operating in the physiological saline market are developing innovative products, such as heparin sodium in sodium chloride injection, to gain a competitive edge in the market. Heparin sodium in sodium chloride injection is a sterile solution combining heparin sodium, an anticoagulant, with sodium chloride, used for intravenous administration to prevent blood clotting during medical procedures or in patients at risk of thrombosis. For instance, in April 2021, Fresenius Kabi, a Germany-based healthcare company, launched two new versions of Heparin Sodium in Sodium Chloride Injection in the United States. These single-dose infusion products come in two strengths Heparin Sodium 1,000 USP units in a 0.9% sodium chloride 500-mL infusion bag and Heparin Sodium 2,000 USP units in a 0.9% sodium chloride 1,000-mL infusion bag. They are used as anticoagulants to keep catheters open and are designed to reduce medication errors and ensure patient safety.

The physiological saline market covered in this report is segmented -

1) By Type: Normal Saline, Hypertonic Saline, Hypotonic Saline
2) By Application: Acute Health Conditions, Chronic Diseases, Skin Abrasions And Burns, Other Applications
3) By End Users: Hospitals, Clinics, Recovery Centers, Other End Users

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Major companies operating in the physiological saline market are Cardinal Health Inc., Pfizer Inc., Fresenius Kabi AG, Merck KGaA, Baxter International Inc., Otsuka Pharmaceutical Co. Ltd, Grifols S.A., VWR International LLC., B Braun Medical Inc, Spectrum Chemical, Enzo Life Sciences Inc, The Stevens Company Limited, Boreal Science, HiMedia Laboratories, AdipoGen Life Sciences Inc, Thistle Scientific., G-Biosciences, Enzymes Pharmaceuticals, Labogens, Hamdan Healthcare

Contents of the report:
1. Executive Summary
2. Physiological Saline Market Report Structure
3. Physiological Saline Market Trends And Strategies
4. Physiological Saline Market - Macro Economic Scenario
5. Physiological Saline Market Size And Growth
…..
27. Physiological Saline Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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