Povidone Iodine Market Key Drivers, Growth Opportunities and Trends 2023
Povidone Iodine is a stable chemical complex of polyvinylpyrrolidone and elemental iodine. It is universally preferred iodine antiseptic. It is a widely used antiseptic for topical application in the prevention and treatment of infections in wounds. Povidone Iodine is used in first aid of blisters, minor cuts and burns among others. It is extensively used in the medical field. It is completely soluble in cold and mild-warm water; glycerol and isopropyl alcohol. Povidone Iodine has applications in the field of nanomaterials as well. Povidone Iodine is also known as Wokadine, Pyodine and Betadine.
Get accurate market forecast and analysis on the Povidone Iodine Market. Request a sample to stay abreast on the key trends impacting this market.
Iodine is a recognized as a widely used bactericide that has proven to be effective against viruses, protozoans, fungi, and molds. However, iodine causes irritation at the application site. Povidone Iodine overcomes the drawbacks of iodine primarily because the iodine in it is carried in a complex form and as a result the concentration of free iodine in it is very low. Povidone Iodine has applications such as a scrub for pre- and post-surgery skin cleansing; for treating and/or preventing wound or ulcer infections, as well as in cuts and burns. It is also used in deceits ulcers and stasis ulcers for treating infections.
Povidone Iodine Market: Drivers
High awareness regarding general well-being is driving the healthcare market. Additionally, growth in aging population is likely to boost the healthcare market. Presence of strict government mandates in Europe and North America and a well-developed healthcare industry is expected to help boost the use of povidone iodine during the report’s forecast period. Thus, the growing healthcare industry coupled with the increasing awareness regarding hygiene will likely drive the demand for povidone iodine market over the next few years. However, there are various substitute products available for povidone iodine in the market. Chlorhexidine-alcohol is one of the major substitutes for povidone iodine. Thus, the presence of substitute products may be a factor that may restrain the growth of the povidone iodine market within the forecast period.
Povidone Iodine Market: Region-wise Outlook
From the demand standpoint, North America was the top region in povidone iodine market. U.S. generated the highest demand for Povidone Iodine owing to sizeable demand from the healthcare industry coupled with appreciable demand from the nanomaterials sector. Stringent regulation in Europe regarding healthcare and hygiene are expected to drive the demand for povidone iodine in the near future. European countries such as Germany and the UK were the major consumers of tri-isopropanolamine in this region.
Browse Global Strategic Business Report:
Rising global population and the expanding base of geriatric persons has been either directly or indirectly helping the growth of the market. This trend is expected to continue until the end of the report’s forecast period. Several countries in Asia Pacific have demonstrated rapid economic growth over the past decade. This trend is projected to only grow stronger through the next few years. The Asia Pacific povidone iodine market was followed by markets in the Rest of the World.
Key players in the povidone iodine Market are H&P Industries, Inc.,Glide Chem Private, Medline Indusries Inc and RN Laboratories among others. There are many large and small scale industries present across various geographies.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Povidone Iodine Market Key Drivers, Growth Opportunities and Trends 2023 here
News-ID: 581623 • Views: 395
More Releases from Transparency Market Research
Orthopedic Biomaterials Market is Set to Grow According to Latest Research
Orthopedic Biomaterials Market: Introduction According to the report, the global orthopedic biomaterials market was valued at US$ 11.3 Bn in 2018 and is projected to expand at a CAGR of ~7% from 2019 to 2027. Rise in percentage of population requiring orthopedic implants, and increase in incidence rate of injuries related to accidents, sports, and adventure are anticipated to augment the global orthopedic biomaterials market from 2019 to 2027. North America
Scar Treatment Market Size will Observe Substantial Growth by 2027
According to a new market report published by Transparency Market Research “Scar Treatment Market (By Scar Type: Atrophic & Acne Scars, Hypertrophic Scars and Keloids, Contracture Scars, Others (Stretch Marks), By treatment type (Topical Products (Creams, Gels, Silicone Sheets, Others (Sprays, Oils, etc.)), Laser Treatment (CO2 Lasers, Pulsed Dye Laser, Excimer Laser), Injectables, Others, By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) – Global Industry Analysis, Size, Share, Growth,
Healthcare Facilities Management Market : Latest Innovations, Future Scope and M …
According to a new market report published by Transparency Market Research titled ‘Healthcare Facilities Management Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,’ the global healthcare facility management market is expected to reach US$ 416,929.2 Mn by 2026, expanding at a CAGR of 8.8% from 2018 to 2026. North America held a prominent share of the global healthcare facility management market in
Biosimilars Market to Witness Exponential Growth by 2024
Biosimilars Market: Introduction Biosimilars can be defined as a biologic medical product, which is considered to be similar to already approved biologic. These biosimilars are approved based on their efficacy, quality, safety, and the same standards of pharmaceutical quality that apply to all biologic medicines. Chronic disease prevalence has been increasing significantly at the global level. This necessitates the need for affordable treatment, contributing to the growth of the biosimilars market. Europe
More Releases for Iodine
Povidone Iodine Market – Global Industry Report, 2030
Albany, NY - Povidone Iodine Market: Introduction In terms of value, the global povidone iodine market is anticipated to expand at a CAGR of ~5% from 2020 to 2030 and surpass US$ 256.7 Bn by 2030. North America dominated the global povidone iodine market in terms of volume in 2019. It is estimated to be the leading region of the global povidone iodine market during the forecast period. The healthcare sector
Povidone Iodine (PVP-I) Market Share Comparison by Application : 2017
Povidone Iodine (PVP-I) Povidone Iodine (PVP-I) market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. For Full Report click on @ https://www.reportsandmarkets.com/reports/emea-europe-middle-east-and-africa-povidone-iodine-pvp-i-market-report-2017-1701029 Geographically, this report split EMEA into Europe, the Middle East and Africa, With sales (K MT), revenue (Million USD), market share
Global PVP Iodine Market Research Report 2017
This report studies the PVP Iodine market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the PVP Iodine market by product type and applications/end industries. In the last several years, Global market of PVP Iodine developed rapidly, with an average growth rate of 5.24%. In 2016, Global Revenue of
Iodine Market Forecasted to Cross US$ 1,679.4 Mn by 2024
In this report, the global iodine market has been segmented on the basis of regions. By 2024, the market in North America is expected to account for 21.6% volume share of the overall global iodine market, followed by APAC and Western Europe. Due to increasing prevalence of thyroid disorders among the aging population, especially in developing regions such as APAC, the iodine market in the region is projected to expand
Povidone Iodine Market | Analysis & Trends 2023
Povidone Iodine Market: Overview Povidone Iodine is a stable chemical complex of polyvinylpyrrolidone and elemental iodine. It is universally preferred iodine antiseptic. It is a widely used antiseptic for topical application in the prevention and treatment of infections in wounds. Povidone Iodine is used in first aid of blisters, minor cuts and burns among others. It is extensively used in the medical field. It is completely soluble in cold and mild-warm
Iodine Market Growing at US$ 1,679.4 Mn by 2024, Globally
The global market for iodine is estimated to be valued at US$ 1,679.4 Mn by 2024, Driven by Increasing Use of Iodine as Contrast Imaging Agent across the Globe and as Industrial Catalyst and Sterilizing Agent. Request Report Sample @ http://www.persistencemarketresearch.com/samples/3591 Iodine is a halogen element in group seven of the periodic table, with atomic number 53. It is blue-black in color and has shiny lustre. Iodine and its derivatives are widely