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Global Pediatric Electrolyte Solutions Market Size By Type (Oral, Injection), By Distribution Channel (Hospital, Retail), By Application (Children, Infant), By Geographic Scope And Forecast


Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Pediatric Electrolyte Solutions Market Size By Type (Oral, Injection), By Distribution Channel (Hospital, Retail), By Application (Children, Infant), By Geographic Scope And Forecast

Pediatric Electrolyte Solutions Market Size And Forecast

Pediatric Electrolyte Solutions Market size was valued at USD 930 Million in 2021 and is projected to reach USD 1,951 Million by 2030, growing at a CAGR of 6.4% from 2023 to 2030.

Rising diarrheal cases in infants and children are expected to propel the growth of the global Pediatric Electrolyte Solutions Market. The growing demand for pediatric electrolyte solutions from emerging countries is driving the growth of the Pediatric Electrolyte Solutions Market. The Global Pediatric Electrolyte Solutions Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Pediatric Electrolyte Solutions Market Definition

Pediatric electrolyte solution, also known as an oral rehydration solution. The product Pediatric Electrolyte Solution is used to replenish fluids and minerals (such as sodium and potassium) lost as a result of diarrhea and vomiting. It aids in the prevention or treatment of dehydration. The proper amount of fluids and minerals is essential for the body’s normal functioning. Salt, water, and sugar make up the solution, which replenishes fluids and electrolytes that have been lost in the body. It also aids in absorbing water by the intestines, preventing further dehydration.

Oral electrolyte solutions are typically used to rehydrate children suffering from diarrhea and to keep them hydrated. Except for patients with severe dehydration, an oral rehydration solution (ORS) is usually preferable over intravenous fluids in diarrheal illness. The preferred ORS is one that is similar to the World Health Organization’s glucose-containing reduced osmolarity ORS. Dehydration caused by diarrhea in children is treated with pediatric electrolyte solutions. Depending on the severity of the disease, these products can be taken orally or injected. In pediatric patients, oral rehydration salts (ORS) and intravenous fluids (IVF) are commonly used.

Global Pediatric Electrolyte Solutions Market Overview

Rising diarrheal cases in infants and children are expected to drive the growth of the global Pediatric Electrolyte Solutions Market. Over the forecast period, rising diarrheal cases worldwide, particularly in developing countries, are supposed to drive market growth. According to an article published in September 2018 by the Institute for Health Metrics and Evaluation (IHME), 30 million cases of severe diarrhea and 330,000 deaths of children under the age of 5 years were reported in Africa in 2015. In children, the risk of dehydration from diarrhea is three times higher.

Diarrhea is still one of the most common causes of infant death, and the electrolyte solution provides a one-stop solution. Complementary feeding before the age of six months, improper handwashing facility, usage of the unimproved water source, infant rota vaccination status, and using a cup to feed infants are all factors that increase the risk of diarrhea. Additionally, increasing product launches of pediatric electrolyte solutions are fueling the market growth. The growing demand for pediatric electrolyte solutions from emerging countries is driving the growth of the Pediatric Electrolyte Solutions Market.

Global Pediatric Electrolyte Solutions Market Segmentation Analysis

The Global Pediatric Electrolyte Solutions Market is Segmented on the basis of Type, Distribution Channel, Application, and Geography.

Pediatric Electrolyte Solutions Market, By Type

  • Oral
  • Injection

Based on Type, the market is segmented into Oral and Injection. The oral form of a pediatric electrolyte solution is one that can be taken by mouth. Oral solutions come in two different forms such as liquids and powders. Furthermore, after opening the packaging, these oral solutions can be stored at room temperature for up to 24 hours.

Pediatric Electrolyte Solutions Market, By Distribution Channel

  • Hospital
  • Retail
  • Online

Based on Distribution Channel, the market is segmented into Hospital, Retail, and Online. During the forecast period, the use of hospital pharmacies in the market is expected to rise. This is owing to an increase in the number of hospitals around the world, as well as a rise in the demand for pediatric electrolyte solutions from these hospitals. The usage of retail pharmacies for pediatric electrolyte solutions is on the rise. This is due to the growing public awareness of these products and the growing demand from parents for convenient and affordable access to them. In order to cater to this segment of the market, retailers are increasing their product offerings to include pediatric electrolyte solutions.

Pediatric Electrolyte Solutions Market, By Application

  • Children
  • Infant
  • Adolescent

Based on Application, the market is segmented into Children, Infant, and Adolescent. The children segment is expected to grow at a significant rate during the forecasted years.

Pediatric Electrolyte Solutions Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

On the basis of Geography, the Global Pediatric Electrolyte Solutions Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The global Pediatric Electrolyte Solutions Market is expected to be dominated by North America. This is owing to factors such as rising dehydration incidence and an increase in the number of pediatric electrolyte solution awareness programs.

Key Players

The “Global Pediatric Electrolyte Solutions Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Abbott Nutrition, Mead Johnson, Pendopharm, ISU ABXIS Co.Ltd., Johnson & Johnson, Jiangsu Hengrui Medicine, Otsuka Pharmaceutical Factory, Watson Pharma.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

  • In December 2020, Abbott introduced a new Pedialyte formulation with key nutrients to help support immune health. Pedialyte with Immune Support includes prebiotics, vitamin B12, vitamin C, vitamin E, and zinc, which are nutrients specifically chosen for their role in strengthening the immune system, in addition to the perfect balance of electrolytes and glucose found in Abbott’s Pedialyte rehydration products.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2018-2030

BASE YEAR

2021

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2018-2020

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Abbott Nutrition, Mead Johnson, Pendopharm, Johnson & Johnson, Jiangsu Hengrui Medicine, Otsuka Pharmaceutical Factory, Watson Pharma.

SEGMENTS COVERED

By Type, By Distribution Channel, By Application, And By Geography

CUSTOMIZATION SCOPE

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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