Povidone Iodine Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023 Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Povidone Iodine Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. Povidone Iodine is a stable chemical complex of polyvinyl pyrrolidone and elemental iodine. It is universally preferred iodine antiseptic. It is a widely used antiseptic for topical application in the prevention and treatment of infections in wounds.
Povidone Iodine is used in first aid of blisters, minor cuts and burns among others. It is extensively used in the medical field. It is completely soluble in cold and mild-warm water; glycerol and isopropyl alcohol. Povidone Iodine has applications in the field of nanomaterials as well. Povidone Iodine is also known as Wokadine, Pyodine and Betadine. Iodine is a recognized as a widely used bactericide that has proven to be effective against viruses, protozoans, fungi, and molds. However, iodine causes irritation at the application site. Povidone Iodine overcomes the drawbacks of iodine primarily because the iodine in it is carried in a complex form and as a result the concentration of free iodine in it is very low. Povidone Iodine has applications such as a scrub for pre- and post-surgery skin cleansing; for treating and/or preventing wound or ulcer infections, as well as in cuts and burns. It is also used in deceits ulcers and stasis ulcers for treating infections. High awareness regarding general well-being is driving the healthcare market. Additionally, growth in aging population is likely to boost the healthcare market. Presence of strict government mandates in Europe and North America and a well-developed healthcare industry is expected to help boost the use of povidone iodine during the report’s forecast period. Thus, the growing healthcare industry coupled with the increasing awareness regarding hygiene will likely drive the demand for povidone iodine market over the next few years. However, there are various substitute products available for povidone iodine in the market. Chlorhexidinealcohol is one of the major substitutes for povidone iodine. Thus, the presence of substitute products may be a factor that may restrain the growth of the povidone iodine market within the forecast period.