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Last Updated: December 22, 2024

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SODIUM CHLORIDE - Generic Drug Details


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What are the generic drug sources for sodium chloride and what is the scope of patent protection?

Sodium chloride is the generic ingredient in fourteen branded drugs marketed by Blairex, Abbott, B Braun, Baxter Hlthcare, Fresenius Kabi Usa, Hospira, Icu Medical Inc, Miles, Medefil Inc, Fresenius Medcl, Haemonetics, Laboratorios Grifols, Liebel-flarsheim, Abraxis Pharm, Hikma, Nexus Pharms, Spectra Mdcl Devices, Jubilant Cadista, Nephron, and Taro, and is included in fifty-six NDAs. Additional information is available in the individual branded drug profile pages.

There are nineteen drug master file entries for sodium chloride. Twenty-five suppliers are listed for this compound.

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Pharmacology for SODIUM CHLORIDE

US Patents and Regulatory Information for SODIUM CHLORIDE

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Medefil Inc SODIUM CHLORIDE 0.9% sodium chloride INJECTABLE;INJECTION 202832-005 Jan 6, 2012 DISCN Yes No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Hospira SODIUM CHLORIDE 0.45% IN PLASTIC CONTAINER sodium chloride SOLUTION;IRRIGATION 018380-001 Approved Prior to Jan 1, 1982 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Icu Medical Inc SODIUM CHLORIDE 0.9% IN PLASTIC CONTAINER sodium chloride SOLUTION;INJECTION 019217-003 Nov 18, 1998 DISCN Yes No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Hospira SODIUM CHLORIDE 0.9% IN PLASTIC CONTAINER sodium chloride SOLUTION;INJECTION 018803-006 Jan 22, 2015 DISCN Yes No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >TE >Type >RLD >RS >Patent No. >Patent Expiration >Product >Substance >Delist Req. >Exclusivity Expiration

SODIUM CHLORIDE Market Analysis and Financial Projection Experimental

Market Dynamics and Financial Trajectory for Pharmaceutical Grade Sodium Chloride

Introduction

Pharmaceutical grade sodium chloride, commonly known as medicinal salt, is a crucial component in various medical and pharmaceutical applications. This article delves into the market dynamics, financial trajectory, and key factors influencing the growth of the pharmaceutical grade sodium chloride market.

Market Size and Forecast

The pharmaceutical grade sodium chloride market is projected to experience significant growth over the coming years. As of 2024, the market is valued at approximately USD 355 million and is expected to reach USD 618 million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.70% from 2024 to 2034[1].

Historical Growth

Historically, the market has grown at a CAGR of 3.20% from 2019 to 2023. However, the growth rate has accelerated, reflecting increased demand and new applications in the healthcare sector[1].

Regional Market Dynamics

United States

The United States is anticipated to hold a CAGR of 3.20% from 2024 to 2034. The strong healthcare infrastructure and substantial investments in research and development in the pharmaceutical and healthcare sectors drive this growth. The U.S. market is expected to benefit from the need for continued research and development, particularly in treating resistant illnesses[1].

China

China is on the verge of significant market expansion, with a projected CAGR of 6.30% from 2024 to 2034. The growing population, government emphasis on improving healthcare, and increasing access to quality healthcare are key drivers. China is poised to become one of the most significant global pharmaceutical markets, despite currently holding a slim share[1].

India and Other Emerging Markets

India, along with other emerging markets like Japan and Brazil, is focusing on pharmaceutical development, which is expected to drive the demand for pharmaceutical grade sodium chloride. These regions are expected to contribute significantly to the market growth due to their growing expenditure on pharmaceutical manufacturing[4].

Applications and End-Use Industries

Medical Treatments

Pharmaceutical grade sodium chloride is widely used in maintaining blood pressure, cleaning medical equipment, and as an ingredient in various pharmaceutical formulations. The increasing rates of medical treatments for patients with resistant illnesses further highlight the need for this product[1].

Irrigation Solutions

Sodium chloride irrigation solutions are used in hospitals, clinics, and other healthcare settings. The market for these solutions is expected to grow at a CAGR of 3 to 5 percent from 2024 to 2031, driven by the demand for sterile and safe medical solutions[2].

Challenges and Barriers

The production of pharmaceutical grade sodium chloride requires high purity standards, which can be a significant barrier for small and medium-sized manufacturers. High production and sales expenditures limit market entry for new players, giving larger companies a dominant position[1].

Competitive Landscape

Major Players

Key players in the market are investing heavily in research and development, increasing manufacturing capacity, and launching new products. Companies like Baxter, Fresenius Kabi, and Bbraun are prominent in the market, promoting their products through advanced technologies and marketing strategies[2].

Strategic Collaborations

There is a significant focus on strategic collaborations with end-users and regional distributors to address the needs of a developing customer base. Robust partnerships throughout the value chain and strong research and development activities are driving market expansion[1].

Impact of the Global Pandemic

The global pandemic has had a significant impact on the pharmaceutical grade sodium chloride market. Lockdown regulations reduced end-product consumption, but the market is expected to recover and experience rapid growth due to increased consumption and future applications[1].

Financial Trajectory

Revenue Growth

The market is expected to grow from USD 355 million in 2024 to USD 618 million by 2034, indicating a substantial increase in revenue over the forecast period[1].

Investment and Expansion

Major players are ramping up their efforts to meet the growing demand by investing in research and development, manufacturing capacity, and innovative products. This investment is expected to drive the financial growth of the market[1].

Key Takeaways

  • The pharmaceutical grade sodium chloride market is valued at USD 355 million in 2024 and is expected to reach USD 618 million by 2034.
  • The market is growing at a CAGR of 5.70% from 2024 to 2034.
  • Regional markets, particularly in the United States and China, are driving growth due to strong healthcare infrastructure and government initiatives.
  • High purity production requirements and sales expenditures are significant barriers for new market entrants.
  • Major players are investing in research and development, manufacturing capacity, and strategic collaborations to drive market growth.

FAQs

Q: What is the projected CAGR for the pharmaceutical grade sodium chloride market from 2024 to 2034? A: The market is expected to grow at a CAGR of 5.70% from 2024 to 2034[1].

Q: Which region is expected to experience the highest growth rate in the pharmaceutical grade sodium chloride market? A: China is expected to experience the highest growth rate with a CAGR of 6.30% from 2024 to 2034[1].

Q: What are the primary applications of pharmaceutical grade sodium chloride? A: It is used in maintaining blood pressure, cleaning medical equipment, and as an ingredient in various pharmaceutical formulations[1].

Q: How has the global pandemic impacted the pharmaceutical grade sodium chloride market? A: The pandemic reduced end-product consumption but is expected to recover with rapid growth due to increased consumption and future applications[1].

Q: Which companies are major players in the pharmaceutical grade sodium chloride market? A: Companies like Baxter, Fresenius Kabi, and Bbraun are prominent in the market[2].

Sources

  1. Future Market Insights - Pharmaceutical Grade Sodium Chloride Market Analysis to 2034
  2. Market Research Intellect - Sodium Chloride Irrigation Solution Market Size And Forecast
  3. Verified Market Research - Sodium Chloride Market Size Share, Growth, Analysis & Forecast
  4. Maximize Market Research - Pharmaceutical Grade Sodium Chloride Market- (2023-2029)
  5. PR Newswire - Global Sodium Chloride (Salt) Market to Reach $19.2 Billion by 2026

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Drugs may be covered by multiple patents or regulatory protections. All trademarks and applicant names are the property of their respective owners or licensors. Although great care is taken in the proper and correct provision of this service, thinkBiotech LLC does not accept any responsibility for possible consequences of errors or omissions in the provided data. The data presented herein is for information purposes only. There is no warranty that the data contained herein is error free. thinkBiotech performs no independent verification of facts as provided by public sources nor are attempts made to provide legal or investing advice. Any reliance on data provided herein is done solely at the discretion of the user. Users of this service are advised to seek professional advice and independent confirmation before considering acting on any of the provided information. thinkBiotech LLC reserves the right to amend, extend or withdraw any part or all of the offered service without notice.