A closer look at the overall Lidocaine business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.
New York, NY -- (SBWIRE) -- 04/12/2019 -- The global Lidocaine Market is expected to reach USD 5.6 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the incidences of various minimally invasive surgical procedures, periodontal diseases and carries, inclination towards preventive healthcare, incidences of cosmetic procedures, incidences of painful disorders and growing applications in anti-itching and pain relief drug, associated with minor cuts, insect's bites, skin scrapes, burns and eczema.
Lidocaine is an aminoethylamide derivative of xylidine. It is a lot times more toxic and potent than procaine and also provides local anesthesia that is by comparison more prompt, extensive, and long lasting.
The major players covered in this report:
Pfizer, Inc., AstraZeneca Plc, Amneal Pharmaceuticals LLC, Glenmark PharmaceuticalsTaro Pharmaceuticals USA, Centura Pharmaceuticals, Inc., Inc., Teligent, Inc., Endo Pharmaceutical Inc., Teva Pharmaceutical Industries Ltd., Mylan Pharmaceuticals Inc., and Sorrento Therapeutics, Inc., among others
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For routine dental use the most suitable administration is of 2% lidocaine hydrochloride with 1:100,000 epinephrine, but the drug is also available as a plain solution or in multidose vials and with 1:50,000 epinephrine. Although 2% lidocaine with vasoconstrictor provides satisfactory dental anesthesia in normal circumstances, it has sometimes proved ineffective in rendering extremely sensitive teeth completely pain-free.
Formulations of lidocaine hydrochloride include a 2% viscous solution, 2% gel, a 4% solution, and a 10% topical spray. Lidocaine base is marketed in a 5% and 2.5% solution and ointment and a 10% aerosol spray. A mucosal is also available as adherent patch 2 cm long × 1 cm wide and containing 46.1 mg of lidocaine.
Understanding the market size
The size of the Lidocaine market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the Lidocaine report.
Lidocaine Market by Product Type (Revenue, USD Million; 2018-2026):
- Spray
- Patch, Extended Release
- Gel/Jelly
- Cream
- Ointment
- Lotion
- Swab
- Solution
- Powder
Lidocaine Market by Dosage (Revenue, USD Million; 2018-2026):
- Internal
- Topical
Lidocaine Market, by Medical Uses (Revenue, USD Million; 2018-2026):
- Anesthesia
- Pain And Irritation
- Hemorrhoids
- Postherpetic Neuralgia
- Cardiac Arrhythmia
- Gastrointestinal Tract Examination
- Labor Pain And Discomfort
- Nerve Block To Relieve Pain
Lidocaine Market, by Distribution Channels (Revenue, USD Million; 2018-2026):
- Hospitals
- Pharmacies
- E-Commerce
Lidocaine Market, by Applications (Revenue, USD Million; 2018-2026):
- Medical
- Cosmetics
- Others
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Knowing the trends influencing the industry performance
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.
Further key findings from the report suggest:
- By type, topical jelly or ointment is widely used, on various parts of the body to cause numbness or loss of feeling for patients having certain medical attention. It helps to relieve pain and itching caused by conditions such as insect bites or stings, sunburn or other minor burns, poison oak, poison ivy, minor cuts, poison sumac, or scratches.
- By medical use, it is used as a drug to numb a specific area of the body for reducing pain and discomfort caused during surgeries or other invasive medical procedures. Both the injections and topical forms can be used for anesthesia.
- Topical anesthetic agents are used to decrease the pain associated with a variety of cutaneous procedures, by dermatologists, including soft tissue augmentation, laser surgery, and other cosmetic surgical treatments. Thus driving the market of the cosmetic applications.
- In medical applications, the drug is used as a local anesthetic (numbing medication), used to relieve pain and itching caused by conditions such as insect bites or stings, sunburn or other minor burns, poison oak, poison ivy, minor cuts, poison sumac, or scratches. It works by blocking nerve signals in the body.
- Geographically, North America is expected to dominate the global market, attributed to the presence of a well-established healthcare sector, increasing investments in the healthcare sector, and growing R&D activities.
- Europe is expected to be the second largest market globally owing to the growing demand for lidocaine formulations, increasing number of surgeries, and increasing investments in the healthcare sector.
- Asia-Pacific is anticipated to have the highest growth, at CAGR of 5.8% in the forecast period, owing to the increasing population, increasing disposable income, and growing investments in the healthcare sectors.
Geographically, this report studies the top producers and consumers in these key regions:
- North America
- Europe
- China
- Japan
- Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Key Points From TOC:
Chapter 12. Company Profiles
12.1. Acorda Therapeutics
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Insights
12.1.4. Strategic Initiatives
12.2. AstraZeneca Plc
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Insights
12.2.4. Strategic Initiatives
12.3. Pfizer, Inc.
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Insights
12.3.4. Strategic Initiatives
Continued……
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