Global Povidone Iodine Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Povidone-iodine also generally known as iodopovidone is highly adopted in antiseptics used for skin disinfection before and after surgery. In addition, it is also used as an antiseptic agent in the manufacturing of antiseptic ointments, scrubs, and gargle solutions. The thriving growth of the pharmaceutical industry, surging demand for the antiseptic agent, and increasing demand for povidone iodine across the healthcare sector are the several factors fostering the market demand across the globe. For instance, as per the Indian Brand Equity Foundation (IBEF), in 2021, the Indian pharmaceutical market is worth around USD 42 billion. Also, it is projected that the market is progressively growing and is expected to reach around 130 billion by the year 2030. Consequentially, the flourishing development of the pharmaceutical sector is accelerating the growth of the Povidone Iodine Market in the approaching years. However, the availability of substitutes and side effects of povidone iodine impede the growth of the market over the forecast period of 2022-2028. Also, the rising significant investments in research and development activities and the introduction of various products by the leading market players are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Povidone Iodine Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the execution of several stringent norms for the usage of disinfected medical equipment and increasing demand for sterilized equipment from hospitals. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growth of the healthcare sector, as well as, increasing expenditure on the medical services, would create lucrative growth prospects for the Povidone Iodine Market across the Asia-Pacific region.

Major market players included in this report are:
Glide Chem Private Limited
Adani Pharmachem Private Limited
Boai NKY Pharmaceuticals Ltd.
Lasa Supergenerics Ltd
Medline Industries, Inc.
R.N. Laboratories Pvt. Ltd.
BASF SE
Samrat Pharmachem Limited
Shanghai Yuking Water Soluble Material Tech Co., Ltd.
Huangshan Bonsun Pharmaceuticals Co.,Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Formulation TypeL
Scrub
Topical Solution
Ointments
Others
By Application:
Skin Sterilization
Instrument Sterilization
Disinfectant
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Povidone Iodine Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors