India Sodium Iodide Market (2025-2031) Outlook | Value, Share, Size, Trends, Revenue, Companies, Analysis, Forecast, Industry & Growth

India Sodium Iodide Market Synopsis

Sodium iodide is an inorganic compound with the chemical formula NaI. It is used to treat iodine-deficient conditions, and as a contrast medium in X-ray radiography. It is also used therapeutically for its radio protective properties in nuclear medicine imaging tests such as computed tomography (CT) scans. The India sodium iodide market was estimated at USD 146 million in 2025 and it is expected to grow at a CAGR of 12% during the forecast period.

Market Drivers

The major drivers of growth for the India sodium iodide market are increasing demand due to rising cases of thyroid disorders, growing awareness among medical practitioners regarding usage benefits, and increasing adoption of advanced technologies such as CT scan machines. Additionally, supportive government initiatives towards healthcare infrastructure development are further expected to boost the growth opportunities for this market over the coming years.

Challenges of the Market

High cost associated with medical treatments using sodium iodide may restrain the growth of India sodium iodide market over near future. Other factors hampering its wide spread use include lack of proper training programs related to using these medicines properly , availability constraints , storage issues and low awareness levels among people living in rural areas about various uses of Iodine salts.

Key Players in the Market

Some key players operating in India Sodium Iodide Market includes GlaxoSmithKline Pharmaceuticals Ltd., Cadila Healthcare Ltd., Natco Pharma Limited., Sun Pharmaceutical Industries Ltd., Sanofi Aventis Pvt ltd, Abbott Healthcare Pvt ltd etc.

COVID-19 impact on the market

The COVID - 19 pandemic has had an adverse effect on many industries including pharmaceutical industry due to disruption caused by lockdowns imposed across countries across globe. This has caused supply chain disruptions resulting into delayed deliveries & shortages leading up higher prices for available products , thus impacting overall revenue generated from sales. Such impact can be seen on India Sodium Iodides segment too but it is expected that things will return back normal soon once all restrictions are lifted off & supply chains resume their normal operations again.

Key Highlights of the Report:

• India Sodium Iodide Market Outlook
• Market Size of India Sodium Iodide Market, 2024
• Forecast of India Sodium Iodide Market, 2031
• Historical Data and Forecast of India Sodium Iodide Revenues & Volume for the Period 2021-2031
• India Sodium Iodide Market Trend Evolution
• India Sodium Iodide Market Drivers and Challenges
• India Sodium Iodide Price Trends
• India Sodium Iodide Porter's Five Forces
• India Sodium Iodide Industry Life Cycle
• Historical Data and Forecast of India Sodium Iodide Market Revenues & Volume By Grade for the Period 2021-2031
• Historical Data and Forecast of India Sodium Iodide Market Revenues & Volume By Pharmaceutical Grade for the Period 2021-2031
• Historical Data and Forecast of India Sodium Iodide Market Revenues & Volume By Industrial Grade for the Period 2021-2031
• Historical Data and Forecast of India Sodium Iodide Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of India Sodium Iodide Market Revenues & Volume By for the Period 2021-2031
• Historical Data and Forecast of India Sodium Iodide Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of India Sodium Iodide Market Revenues & Volume By Food Industry for the Period 2021-2031
• Historical Data and Forecast of India Sodium Iodide Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
• Historical Data and Forecast of India Sodium Iodide Market Revenues & Volume By Industrial for the Period 2021-2031
• Historical Data and Forecast of India Sodium Iodide Market Revenues & Volume By Others for the Period 2021-2031
• India Sodium Iodide Import Export Trade Statistics
• Market Opportunity Assessment By Grade
• Market Opportunity Assessment By Application
• India Sodium Iodide Top Companies Market Share
• India Sodium Iodide Competitive Benchmarking By Technical and Operational Parameters
• India Sodium Iodide Company Profiles
• India Sodium Iodide Key Strategic Recommendations