Povidone Iodine Market | Analysis & 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.
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.
View Report –
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.
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.
Request a brochure of this report to know what opportunities will emerge in the rapidly evolving Povidone Iodine Market during 2016- 2023
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.
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 | Analysis & Trends 2023 here
News-ID: 624077 • Views: 666
More Releases from Transparency Market Research - Pharmaceutical
Neurovascular Devices Market Business Opportunities and Growth Challenges Report
Global Neurovascular Devices Market: Overview The global population is aging rapidly. According to WHO, the chances of health risks are greater in geriatric people than the young generation. Old age is considered to be one of the biggest risk factors that are responsible for developing various diseases such as cardiovascular and neurological conditions. It is because of these factors, the global neurovascular devices market is experiencing robust growth in the
Pneumococcal Vaccines Market anticipated expand at a CAGR of 3.3% from 2018 to 2 …
Transparency Market Research (TMR) has published a new report titled, “Pneumococcal Vaccines Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global pneumococcal vaccines market was valued at US$ 7,247.6 Mn in 2017 and is anticipated expand at a CAGR of 3.3% from 2018 to 2026. Increase in patient pool, growth of the pharmaceutical industry, government initiatives to increase vaccination programs, rise
Swab and Viral Transport Medium Market projected to expand at a CAGR of ~3% from …
Swab and Viral Transport Medium Market: Introduction Transparency Market Research has published a new report titled, ‘Global Swab and Viral Transport Medium Market ’. According to the report, the global swab and viral transport medium market was valued at US$ 0.9 Bn in 2019 and is projected to expand at a CAGR of ~3% from 2020 to 2030. Viral transport medium (VTM) enables safe transfer of viruses, chlamydia, and mycoplasma for
Radiofrequency Ablation Devices Market by Product, Geography and Forecast to 202 …
Transparency Market Research (TMR) has published a new report titled, 'Radiofrequency Ablation Devices for Pain Management Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027'. According to the report, the global radiofrequency ablation devices for pain management market was valued at US$ 543.0 Mn in 2018 and is projected to expand at a CAGR of above 11.0% from 2019 to 2027. Overview Radiofrequency ablation is a minimally invasive surgical
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
Iodine Market Projected to Reach USD 1,177.9 Million By 2026: Growing Iodine Def …
Global Iodine Market Analysis According to Verified Market Research, The Global Iodine Market was valued at USD 581.57 Million in 2018 and is projected to reach USD 1,177.9 Million by 2026, growing at a CAGR of 4.40% from 2019 to 2026. What is Iodine? Iodine is a mineral that can be found in some foods. The body needs iodine (but cannot make it) for thyroid hormones. Therefore the needed iodine must come from
Iodine Market Price Trend, Industry Outlook, Size Estimation and Demand - Iofina …
Global Iodine Market Overview Components, with multiple benefits, are rarely widely available. Iodine contradicts the notion with its widespread usage across industrial verticals, and it is readily available with a cost-efficient tag on it. The Global Iodine Market can escalate to a valuation of USD 1,073.7 million by 2023, growing at a high CAGR during the forecast period (2018-2023). Iodine’s proliferation in sectors from nutrition to healthcare and even in imaging technology
Iodine Market Worth US$ 1,679.4 Mn by 2024
According to a new market report published by Persistence Market Research titled, “Iodine Market: Global Industry Analysis and Forecast, 2016–2024”, 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. Iodine is a halogen element in group seven of the periodic table, with atomic number
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
Global Iodine Market : Asia-Pacific Demanding Region
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