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全球盐酸利多卡因市场 2024-2031Global Lidocaine Hydrochloride Market 2024-2031 |
盐酸利多卡因市场规模、份额及趋势分析报告(依配方(注射、乳膏、贴片等)及应用(牙科手术、心律不整、癫痫等)预测期(2024-2031)
预计在预测期内(2024-2031),盐酸利多卡因市场将以 5.33% 的复合年增长率成长。盐酸利多卡因是一种局部麻醉剂,在医疗手术过程中透过注射、乳霜或贴片使局部区域麻木,阻断神经讯号以减轻牙科、心臟和神经治疗中的疼痛。
Lidocaine Hydrochloride Market Size, Share & Trends Analysis Report by Formulation (Injections, Creams, Patches, and Other), and by Application (Dental Procedure, Cardiac Arrhythmia, Epilepsy, and Others) Forecast Period (2024-2031)
Lidocaine hydrochloride market is anticipated to grow at a CAGR of 5.33% during the forecast period (2024-2031). Lidocaine hydrochloride, a local anesthetic, numbs areas during medical procedures via injections, creams, or patches, blocking nerve signals to alleviate pain in dental, cardiac, and neurological treatments.
Market Dynamics
Lidocaine Hydrochloride: Powering Modern Pain Relief
Lidocaine Hydrochloride's versatility positions it as a center in modern pain management strategies. This local anesthetic effectively numbs targeted areas during various surgical procedures, minimizing patient discomfort and facilitating faster recovery times. It is particularly valuable in the growing trend of minimally invasive, dental, and cosmetic surgeries. For instance, in comparison to 2019, cosmetic surgery procedures have surged by 19% in 2022. Notably, procedures targeting the body, such as liposuction, tummy tuck (abdominoplasty), and arm and lower body lifts, experienced a significant 25% increase, totaling 576,485 procedures. Additionally, facelift procedures saw an 8% growth. Beyond surgical applications, Lidocaine Hydrochloride extends its pain-relieving capabilities to chronic pain conditions like arthritis and neuropathy, offered in topical creams, patches, and injections for targeted relief and improved patient quality of life. This multifaceted approach to pain management across surgical and chronic pain scenarios solidifies Lidocaine Hydrochloride's role as a powerful tool in the healthcare industry.
Expanding Patient Pool: The Aging Population's Impact on Lidocaine Hydrochloride Market Growth
A growing elderly population is a significant driver for the lidocaine hydrochloride market. As individuals age, they experience a rise in chronic pain conditions and require more frequent medical interventions. For instance, according to WHO In 2020, global low back pain (LBP) affected 619 million individuals, with projections indicating an increase to 843 million cases by 2050, primarily due to population growth and aging. LBP can occur at any age, with the majority experiencing it at least once. Its prevalence rises with age, peaking between 50 and 55 years, and is more common among women. Notably, LBP's prevalence and impact on disability are most pronounced among individuals aged 80 to 85 years. Lidocaine hydrochloride, with its anesthetic and analgesic properties, plays a vital role in pain management for these patients. Furthermore, the increasing adoption of minimally invasive procedures, often preferred by older adults due to faster recovery times, frequently utilizes lidocaine hydrochloride for local anesthesia. This union of factors is anticipated to propel the demand for lidocaine hydrochloride within the medical field.
Market Segmentation
Rapid Growth of Injectable Medications in Pain Management and Anesthesia
Among the sub-segments of injections, creams, patches, and others, the injections segment appears to be growing the fastest. This growth can be attributed to several factors, including the increase in surgical procedures worldwide. As surgical interventions become more prevalent, there is a greater demand for injectable medications like Lidocaine for anesthesia and pain management during and after surgeries. For instance, in 2022, liposuction emerged as the most popular cosmetic procedure, focusing on stubborn fat deposits. With a remarkable 325,669 procedures conducted, it showcased a notable 23% surge compared to 2019. Additionally, advancements in injection technologies and the ability to provide immediate and targeted relief further contribute to the growing popularity of injections over other forms such as creams and patches.
Unarmed Military Trainer Aircraft Holds a Considerable Market Share
The Lidocaine Hydrochloride market, segmented by application, is set for growth, with dental procedures leading. Rising dental problems drive increased surgeries, boosting demand for reliable local anesthetics like Lidocaine. For instance, according to The WHO Global Oral Health Status Report 2022, The prevalence of oral diseases surpasses that of over 300 other diseases and conditions affecting humanity. In 2019, approximately 3.5 billion individuals worldwide were impacted by oral diseases. From 1990 to 2019, the estimated case numbers of oral diseases surged by over 1 billion, indicating a 50% increase, surpassing the population growth of about 45% during the same period. Its proven safety and efficacy make it a trusted choice for dentists and patients. Moreover, Lidocaine's targeted numbing capabilities align with the trend towards minimally invasive dental techniques, reducing discomfort and enhancing recovery. In essence, increasing dental problems solidify Lidocaine's role as the frontrunner in the market.
The global Lidocaine hydrochloride is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).
North America: A Leader in the Lidocaine Hydrochloride
Global Lidocaine hydrochloride Market Growth by Region 2024-2031
Source: OMR Analysis
Unlocking Opportunities: The Growing Demand for Lidocaine Hydrochloride in Asia-Pacific's Aging Population
The aging population in the Asia-Pacific region presents opportunities for the Lidocaine Hydrochloride market. According to the Economic and Social Commission for Asia and the Pacific, this demographic is projected to more than double from 630 million in 2020 to approximately 1.3 billion by 2050, with the proportion of individuals aged 60 years or older expected to reach one-quarter of the population. Currently, 13.6% of the population in this region is aged 60 years or older, but by 2050, it is projected to reach one-quarter of the population. This demographic shift signifies a rise in age-related ailments necessitating surgical procedures, where Lidocaine's local anesthetic properties are invaluable. Additionally, older adults are more prone to chronic pain, and Lidocaine's various formulations, including injections and creams, provide targeted pain relief, thereby enhancing their quality of life. Consequently, the increasing elderly population in the Asia-Pacific region generates significant demand for Lidocaine Hydrochloride in pain management.
Note: Major Players Sorted in No Particular Order.
The major companies serving the global Lidocaine hydrochloride include Abbott Laboratories, Amphastar Pharmaceuticals, Inc, Mankind Pharma Ltd, Merck KGaA, Pfizer, Inc., Themis Medicare Ltd, Zydus Lifesciences Ltd among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in March 2022, Abbott, has received approval from the Subject Expert Committee (SEC) of the Central Drug Standard Control Organization (CDSCO) to produce and distribute a fixed-dose combination drug comprising Lidocaine 2% and Diltiazem hydrochloride 2% Gel in India. This approval aligns with the Phase 3 clinical trial findings submitted by Abbott for the Lidocaine FDC.