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Povidone Iodine Market 2021 | Product Types, Specifications, Recent developments, Geographical Demand And Market shares

Author : Ravi Chawat | Published Date : 2021-07-08 

The global povidone iodine market is slated to witness considerable revenue growth over the coming timeframe due to high product adoption across several application avenues such as disinfectant, skin sterilization, and instrument sterilization among others. Povidone-Iodine is known as an iodophor solution which contains a water-soluble complex of PVP (polyvinylpyrrolidone) and iodine with broad microbicidal activity.

This free iodine, slowly released from the polyvinylpyrrolidone iodine complex in solution, kills prokaryotic or eukaryotic or cells through lipids iodination and oxidation of cytoplasmic as well as membrane compounds. This agent shows a wide range of microbicidal activity against viruses, bacteria, protozoa and fungi. In addition, povidone-iodine is a basic antiseptic which is commonly used to disinfect the eyes, skin and vagina. In comparison to other conventional types of antiseptics, povidone iodine is much more efficient and also known to improve the overall process of wound healing.

The global povidone iodine market is segmented in terms of concentration, formulation type, application, and regional landscape.

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Based on concentration, the market for povidone iodine is classified into 7.5% solution, 10% solution and others. Among these, the others segment is anticipated to grow over by 5% through the forecast time period. PI or povidone iodine also comes in the form of diluted concentrations as low as 0.3%.

With respect to formulation type, the market is categorized into ointments, topical solution, scrub, and others. Among these, the scrub formulation segment is anticipated to witness 4.5% growth over the coming time period. PI is known to be widely available as a surgical scrub with a detergent base usually of 0.75 per cent available iodine. It significantly decreases the number of microorganisms on the forearms and hands prior to patient care or surgery.

Ointment formulation segment is likely to grow at more than 5% over the forthcoming time period. The ointment is to be applied nearly one to three times daily or as directed by the physician. While, the other segment is estimated to grow at more than 5.20% over the coming years. This segment comprises of the powder formulation type. It is usually advised to use or apply a light dusting of the powder in the in the infected area.

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In terms of application, the overall povidone iodine market is bifurcated into disinfectant, instrument sterilization, skin sterilization, and others. The others segment is anticipated to grow above 5% over the projected time period. Povidone iodine is also mostly listed in cosmetic products like shampoos, toothpaste, gels, lipstick and hair spray.

From a regional frame of reference, MEA povidone iodine market is anticipated to grow at more than 3.40% over the forecast time period.

Meanwhile, the povidone iodine market in LATAM is expected to grow about 3.90% through the assessment time period.

Browse More News:

https://www.globenewswire.com/en/news-release/2020/09/30/2101192/0/en/Cosmetic-Pigments-Market-projected-to-exceed-1-billion-by-2026-Says-Global-Market-Insights-Inc.html

https://www.globenewswire.com/news-release/2017/07/10/1041945/0/en/Nitrocellulose-Market-to-cross-USD-940-Million-by-2023-Global-Market-Insights-Inc.html

https://www.coatingsworld.com/contents/view_market-research/2019-01-25/gmi-global-powder-coatings-market-to-hit-165-billion-by-2024/

 

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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