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Global Pharma Grade Sodium Bicarbonate Market Prospects, Outlook and Growth Analysis for the Period 2018–2028
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalogue by adding a fresh study titled “Global Pharma Grade Sodium Bicarbonate Market Prospects, Outlook and Growth Analysis for the Period 2018–2028”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2028.The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated to growth of manufacturers in global market for Pharma Grade Sodium Bicarbonate Market. Along with these insights, the report provides the readers crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.
To Get Sample Copy of Report Click here @ https://www.mrrse.com/sample/16954
Sodium bicarbonate – commonly known as baking soda – has witnessed an increased consumption in the pharmaceutical sector. Pharma grade sodium bicarbonate is used as a pH buffering agent for electrolyte replenishing, systemic alkalized and in topical cleansing solutions. Within the pharma grade sodium bicarbonate market, sodium bicarbonate is mainly utilized as an Active Pharmaceutical Ingredient (API) and as an excipient to treat hemodialysis, metabolic acidosis, uncontrolled diabetics, extracorporeal circulation of blood, cardiac arrest and other severe primary lactic acidosis.
The growing consumption of sodium-based medicines across the globe owing to the high geriatric population has fueled demand for pharma grade sodium bicarbonate. The global pharmaceutical grade sodium bicarbonate market is anticipated to represent incremental opportunity of US$ 92.3 Mn between 2018 and 2028.
On the basis of application, the global pharma grade sodium bicarbonate market is segmented into active pharmaceutical ingredients (APIs), excipients, tablet coating, hemodialysis, antacids, toothpaste and others. API is anticipated to dominate the global market with more than 30% market share and is expected to continue its dominance in the market through 2028. APIs are increasingly being used by various players for manufacturing effervescent tablets and as an intermediate for the manufacture of various pharmaceutical drugs. In the pharmaceutical sector, APIs are also used to enhance drug abilities.
Browse Complete Report with TOC @ https://www.mrrse.com/pharma-grade-sodium-bicarbonate-market
Studies have also indicated that factors like increased demand for performing drugs in both established and emerging markets and the need for ‘secondary care’ small molecules – integral in prescription drugs issued by specialists such as oncologists, have fuelled the application of APIs in the global pharma grade sodium bicarbonate market. Application of pharma grade sodium bicarbonate in hemodialysis is projected to gain significant revenue share over the forecast period.
According to the market analysis, North America is anticipated to lead the global pharma grade sodium bicarbonate market and is expected to hold 26.4% share by the end of 2028, owing to the steady growth of the pharmaceuticals industry in the region coupled with the high adoption of APIs. Additionally, the use of APIs and excipients will cumulatively dominate the North America regional market by the end of 2028 and eventually trigger product demand over the forecast period. Owing to the growing number of patients suffering from renal diseases, there has been significant growth in the consumption of pharma grade sodium bicarbonate for hemodialysis solutions. ~10% of the population has been suffering from chronic kidney diseases according to a recent survey, of which ~2 Mn people are given dialysis treatment – this number is expected to double in the coming years.
Due to the shortage of kidney donors and other medical constraints like improper matching of donor and patient medicinal aspects, the rate of kidney transplantation is comparatively less as compared to dialysis. Most of the End Stage Renal Diseases (ESRD) patients are treated through dialysis. Studies have shown that among dialysis types, around 90% of the patients prefer hemodialysis, where sodium bicarbonate finds application as an important active pharmaceutical ingredient.
Enquire about this Report @ https://www.mrrse.com/enquiry/16954
About Market Research Reports Search Engine (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/
To Get Sample Copy of Report Click here @ https://www.mrrse.com/sample/16954
Sodium bicarbonate – commonly known as baking soda – has witnessed an increased consumption in the pharmaceutical sector. Pharma grade sodium bicarbonate is used as a pH buffering agent for electrolyte replenishing, systemic alkalized and in topical cleansing solutions. Within the pharma grade sodium bicarbonate market, sodium bicarbonate is mainly utilized as an Active Pharmaceutical Ingredient (API) and as an excipient to treat hemodialysis, metabolic acidosis, uncontrolled diabetics, extracorporeal circulation of blood, cardiac arrest and other severe primary lactic acidosis.
The growing consumption of sodium-based medicines across the globe owing to the high geriatric population has fueled demand for pharma grade sodium bicarbonate. The global pharmaceutical grade sodium bicarbonate market is anticipated to represent incremental opportunity of US$ 92.3 Mn between 2018 and 2028.
On the basis of application, the global pharma grade sodium bicarbonate market is segmented into active pharmaceutical ingredients (APIs), excipients, tablet coating, hemodialysis, antacids, toothpaste and others. API is anticipated to dominate the global market with more than 30% market share and is expected to continue its dominance in the market through 2028. APIs are increasingly being used by various players for manufacturing effervescent tablets and as an intermediate for the manufacture of various pharmaceutical drugs. In the pharmaceutical sector, APIs are also used to enhance drug abilities.
Browse Complete Report with TOC @ https://www.mrrse.com/pharma-grade-sodium-bicarbonate-market
Studies have also indicated that factors like increased demand for performing drugs in both established and emerging markets and the need for ‘secondary care’ small molecules – integral in prescription drugs issued by specialists such as oncologists, have fuelled the application of APIs in the global pharma grade sodium bicarbonate market. Application of pharma grade sodium bicarbonate in hemodialysis is projected to gain significant revenue share over the forecast period.
According to the market analysis, North America is anticipated to lead the global pharma grade sodium bicarbonate market and is expected to hold 26.4% share by the end of 2028, owing to the steady growth of the pharmaceuticals industry in the region coupled with the high adoption of APIs. Additionally, the use of APIs and excipients will cumulatively dominate the North America regional market by the end of 2028 and eventually trigger product demand over the forecast period. Owing to the growing number of patients suffering from renal diseases, there has been significant growth in the consumption of pharma grade sodium bicarbonate for hemodialysis solutions. ~10% of the population has been suffering from chronic kidney diseases according to a recent survey, of which ~2 Mn people are given dialysis treatment – this number is expected to double in the coming years.
Due to the shortage of kidney donors and other medical constraints like improper matching of donor and patient medicinal aspects, the rate of kidney transplantation is comparatively less as compared to dialysis. Most of the End Stage Renal Diseases (ESRD) patients are treated through dialysis. Studies have shown that among dialysis types, around 90% of the patients prefer hemodialysis, where sodium bicarbonate finds application as an important active pharmaceutical ingredient.
Enquire about this Report @ https://www.mrrse.com/enquiry/16954
About Market Research Reports Search Engine (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/
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