Oral Electrolyte Solutions Market to Gain USD 27 Billion by 2029, Industry Growth, Size, Share, Demands, Challenges, Opportunities and Key Players Analysis

HOUSTON, Sept. 20, 2022 (GLOBE NEWSWIRE) — Data Bridge Market Research Published Latest Global Oral Electrolyte Solutions Market Study by in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. The Oral Electrolyte Solutions report explains market trends, prospects, market restraints, leading market drivers, market segments, key developments, key players in the market, and competitor strategies. The oral Electrolyte Solutions report is very consistent as all the data and information regarding this industry is derived via authentic sources such as websites, journals, annual reports of the companies, and magazines. CAGR values mentioned in the report give evaluations about the rise or fall of the product demand in the forecasted period. Data and information included in this report aid businesses take superior decisions and improving return on investment (ROI).

Data Bridge Market Research analyses a growth rate in the global oral electrolyte solutions market in the forecast period 2022-2029. The expected CAGR of the global oral electrolyte solutions market tends to be around 13% in the mentioned forecast period. The market was valued at USD 10.15 billion in 2021, and it would grow up to USD 27 billion by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Market Insights:-

Oral electrolyte solutions are widely used for rehydration in diarrheal and vomiting conditions to maintain the body’s hydration or electrolyte balance. In diarrheal illness oral rehydration solution preferred over the parenteral solution except patients with severe dehydration of illness. It is of great importance to the healthcare sector and it is expected to grow in the forecast period.  

The global oral electrolyte solutions market is expected to witness significant growth during the forecast period. Growing cases of electrolyte loss during dehydration drives the oral electrolyte solutions market. Moreover, easily available ORS as OTC drugs and increased awareness will enhance the oral electrolyte solutions market. COVID-19 also had a major impact on the market growth.

REPORT METRIC

• Forecast Period – 2022 to 2029

• Historic Years – 2020 (Customizable to 2014 – 2019)

Key players operating in the global oral electrolyte solutions market include:

• Johnsons & Johnsons Pvt Ltd (U.S.)
• Boehringer Ingelheim International GmbH (U.S.)
• Allergan (U.S.)
• Sun Pharmaceutical Industries Ltd. (India)
• Sanofi (France)
• Novartis AG (Switzerland)
• Pfizer Inc. (U.S.)
• Mylan N.V. (U.S.)
• Janssen Pharmaceuticals, Inc. (Belgium)
• Bristol Myers Squibb Company (U.S.)
• Bayer AG (Germany)
• Healthy Life Pharma Private Limited (India)
• Drip Drop Hydration Inc. (U.S.)
• Otsuka America Pharmaceutical, Inc (Japan)
• Pendopharm (Canada)

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Key Opportunities:-

• Increased Product Launches

Rising product launches to diminish the rising diarrhoea cases is definitely helping to create more opportunities for the market. For instance, Pace Wellness, an innovator and manufacturer using an advanced, patented drug-delivery platform to make oral dissolvable pharmaceutical and nutraceutical products, launched Solves strips in April 2016. It is a pediatric electrolyte oral thin-film which serves as a great innovation for medicine delivery. These pediatric electrolyte strips are for children of 2 years and older to quickly replenish electrolytes and helps to gain fluid retention.

• Increasing Demand for Retail Pharmacies

The rise in the number of narcotic drugs delivered through retail pharmacies and the surge in the number of retail pharmacies in developed countries create opportunities for the market growth. In addition to this, patients prefer retail pharmacies for purchasing drugs, as these are easily accessible.

Key Influence of this Market:

• Comprehensive assessment of all opportunities and risks in this Market

• This Market’s recent innovations and major events

• Detailed study of business strategies for growth of the leading players

• Conclusive study about the growth plot of the Market for forthcoming years

• In-depth understanding of this Market-particular drivers, constraints and major micro markets

• Favorable impression inside vital technological and market latest trends striking this Market

• To provide historically and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries

• To provide a country-level analysis of the market with respect to the current market size and future prospective

Key Industry Drivers:-

Diarrhea is one of the major driving factors for the oral electrolyte solutions market. Oral electrolyte solutions are majorly preferred over intravenous fluids for most patients. According to Global Burden of Disease in November 2019, diarrheal disease witnessed to be the cause of every 10 children’s mortality in 2017 and more than half a million died in 2017 due to diarrheal disease. This boost the market growth.

• The Changing Lifestyle Scenario

The increasing lifestyle is changing with the increased disposable income of people, making them spend more on ready-to-consume products, thus increasing the sales of oral electrolyte solutions. In addition to this, the rising health and awareness changes in consumer lifestyles are acting as the main driving point for the market’s growth. More increasing sales are expected of oral electrolyte solutions in the forecast period.

Restraints/Challenges:-

• Lack of skilled professionals

The lack of qualified personnel who are unable to treat the patients with these agents could curb the growth of the global oral electrolyte solutions market over a forecast period.

The huge expenditure associated with these agents surely hamper the market growth.

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Segmentation Covered: – Oral Electrolyte Solutions Market

The global oral electrolyte solutions market is segmented on the basis of type, indication, application, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

By Type

By Indication

By Application

By End User

• Hospitals
• Homecare
• Specialty Clinics

By Distribution Channel

• Hospital Pharmacy
• Online Pharmacy
• Retail Pharmacy

Oral Electrolyte Solutions Market Regional Analysis/Insights

The global oral electrolyte solutions market is analysed and market size insights and trends are provided by type, indication, application, distribution channel and end-user as referenced above.

The major countries covered in the global oral electrolyte solutions market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America has been witnessing a positive growth for global oral electrolyte solutions market throughout the forecasted period due to the presence of skilled professionals, higher healthcare and R & D expenditure.

Asia-Pacific dominates the market due to increased awareness programmes by government authorities, pharmaceutical companies and WHO.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

To Check the Complete Table of Contents, Click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-oral-electrolyte-solutions-market

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