Water-soluble Drugs Market Trends - Growing Use in Formulation of Liquid Pharmaceutical Drugs and Increased Focus on Developing Bioequivalent Drugs

Emergen Research has published its latest report titled “Water-soluble Drugs Market, By Drug Type (Paracetamol, Antibiotics, Antihypertensive Drugs), By Route of Administration (Oral, Intravenous Injection), By End-use (Hospitals & Clinics, Ambulatory Surgical Centers, Rehabilitation Centers, Homecare Settings, Others), and By Region, Forecast to 2028”

Market Dynamics:

Robust revenue growth of the global water-soluble drugs market is attributed to factors such as rising prevalence of chronic and acute illnesses, increasing pharmaceutical research & development activities, rising focus on novel drug discovery & development, and increasing government investments in the life sciences industry. Rising awareness of the various advantages associated with water-soluble drugs, growing use of water-soluble drugs in liquid pharmaceutical formulations, rapid development of bioequivalent drugs, and increasing focus of pharmaceutical companies on enhancing drug solubility are among the major factors expected to boost revenue growth of the global market.

When it comes to pharmacokinetics and pharmacodynamics of a drug, water solubility is one of the most critical parameters to be considered. Water-soluble drugs are capable of dissolving completely in water, and these drugs stay in the bloodstream for a longer period. Other key advantages of these drugs include high solubility, limited side-effects, and increased bioavailability and effectiveness. These drugs are more suitable for systemic circulation and generate a positive pharmacological response. However, water-soluble drugs are excreted faster and have lower tissue permeability as compared to lipid-soluble drugs. This is a key factor expected to restrain market revenue growth over the forecast period.

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COVID-19 Impact Analysis:

• Social distancing and restrictions severely disrupted businesses and operations
• Lockdowns caused disruptions in transportation and logistics
• Impacted manufacturing activities and mining operations globally
• Took a toll on economy of various countries
• Caused sudden and drastic downturn in economic activity
• Disrupted agriculture, fisheries, dairy, and other sectors
• Caused loss of employment and financial crisis
• Supply impacts were further compounded owing to reduced disposable income
• Emergence of variants  continue to cause concerns and impact normal routines

Oral Route of Administration Segment Accounted for Largest Revenue Share in 2019:

Based on route of administration, the global water-soluble drugs market is segmented into oral and intravenous injection. The oral segment was the most dominant in terms of largest revenue share in the global market in 2020. Oral route of drug administration is the most convenient mode of drug administration due to certain advantages including ease of administration, higher cost-effectiveness, and better patient compliances.

Antibiotics Drug Type Segment to Account for Fastest Revenue CAGR:

Based on drug type, the global water-soluble drugs market is segmented into paracetamol, antibiotics, and antihypertensive drugs. The antibiotics segment is expected to register the fastest revenue growth rate in the global market over the forecast period. Major factors expected to boost this segment’s revenue growth are rising cases of infectious diseases, including the novel coronavirus disease, around the world, and growing demand for antibiotic drugs due to various advantages such as improved efficacy, high bioavailability, and desired response.

North America Accounted for Largest Revenue Share:

Among regional markets, the North America water-soluble drugs market was the most dominant in terms of largest revenue share in the global market in 2020. Key factors supporting the regional market revenue growth are rising focus of pharmaceutical companies on enhancing the water solubility of specific drugs, increased use of water-soluble drugs in liquid drug formulations, increasing research & development activities in the pharmaceutical industry, and introduction of innovative drug designing technologies.

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Major Companies in the Global Water-soluble Drugs Market Include:

• Cipla Limited
• Pfizer, Inc.
• Merck & Co., Inc.
• AstraZeneca
• Johnson & Johnson
• GlaxoSmithKline PLC
• Sanofi Pasteur SA
• Emergent Biosolutions, Inc.
• Novartis
• Thermo Fisher Scientific
• Biogen Inc.
• F. Hoffman-La Roche Ltd.

For the purpose of this report, Emergen Research has segmented the global water-soluble drugs market on the basis of drug type, route of administration, end-use, and region:

Drug Type Outlook (Revenue, USD Million; 2018-2028)

• Paracetamol
• Antibiotics
• Antihypertensive Drugs

Route of Administration Outlook (Revenue, USD Million; 2018-2028))

• Oral
• Intravenous Injection

End-use Outlook (Revenue, USD Million; 2018-2028))

• Hospitals & Clinics
• Ambulatory Surgical Centers
• Rehabilitation Centers
• Homecare Settings
• Others

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Region Outlook (Revenue, USD Million; 2018-2028))

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • U.A.E.
  • South Africa
  • Turkey
  • Rest of Middle East & Africa

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