Pharmaceutical Grade Sodium Chloride Market: New Revenue Pocket
The global market for pharmaceutical grade sodium chloride is growing at a higher pace, with Asia-Pacific leading in terms of consumption, followed by North America and Europe. The pharmaceutical grade sodium chloride industry is segmented by its end-use application. IV solutions and dialysis applications consume the maximum of pharmaceutical grade sodium chloride produced globally. In terms of volume, the pharmaceutical grade sodium chloride market is projected to grow at a CAGR of 6.9% between 2014 and 2019.
This report follows both top-down and bottom-up approaches to estimate and forecast the global pharmaceutical grade sodium chloride market by volume and value. This report focuses on the global pharmaceutical grade sodium chloride market by its application and region.
Revenue pockets
Increased spending in the healthcare sector and rising awareness makes Asia-Pacific an attractive market for pharmaceutical grade sodium chloride. Asia-Pacific is the fastest growing market for pharmaceutical grade sodium chloride across the world, followed by North-America and Europe. U.S and Germany are one of the world’s largest consumers for pharmaceutical grade sodium chloride products. Moreover, China and India are the fastest growing countries across the world between 2014 and 2019.
The opportunities are cited in the increased spending in the healthcare sectors in developed counties and growing awareness. Supported by favorable growth in number of applications of pharmaceutical grade sodium chloride, the overall pharmaceutical grade sodium chloride market remains attractive for coming years.
The top countries in terms of consumption of pharmaceutical grade sodium chloride are China, Japan, India, Germany, etc.
Related Reports:
Pharmaceutical Grade Sodium Chloride Market by Applications (injections, oral rehydration salt (ORS), hemodialysis, peritoneal dialysis, & hemofiltration solutions, channeling agents/ osmotic agent, mechanical cleansing solutions, dietary formulations and infant formulations), by Region - Industry Trends & Forecasts to 2019
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