Lidocaine Market Analysis

  • Report ID: 3577
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Lidocaine Market Analysis

The market is segmented by application into dentistry, cardiac arrhythmia, epilepsy, cosmetics, and others, out of which, the dentistry segment is anticipated to hold the largest share in the global lidocaine market. This can be accounted to the extensive use of lidocaine hydrochloride injectable in various surgical dental procedures. Apart from this, increasing occurrence of dental disorders, coupled with chronic and acute pain associated with dental procedures are also assessed to bode well for the growth of the market segment. Additionally, on the basis of formulation, the ointments segment is evaluated to occupy the largest share during the forecast period ascribing to the burgeoning usage of lidocaine ointments in cutaneous procedures such as laser surgeries and soft tissue augmentation, and also as cosmetic surgery products.

Our in-depth analysis of the global market includes the following segments

         By Formulation

  • Injections
  • Creams
  • Ointments
  • Patches
  • Gels
  • Aerosol Liquids
  • Others

          By Application

  • Dentistry
  • Cardiac Arrhythmia
  • Epilepsy
  • Cosmetics
  • Others
 
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3577
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of lidocaine is assessed at USD 942.54 million.

Lidocaine Market size was over USD 904.2 million in 2023 and is projected to exceed USD 1.76 billion by 2036, witnessing over 5.3% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by increasing number of surgeries worldwide and surge in the prevalence of periodontal diseases globally.

Asia Pacific industry is poised to account for largest revenue share by 2036, on the back of spiraling number of dental and cosmetic procedures, along with plastic surgeries.

The major players in the market are Pfizer, Inc., Hisamitsu Pharmaceutical Co., Inc., Jiangsu Tianji Pharmaceutical Co. Ltd., Teikoku Pharma USA, Inc., Sorrento Therapeutics, Inc., and others.
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