Report Code: A03023 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Lidocaine Ointment Market
Request Now !Lidocaine ointment is an analgesic agent, which is used to relieve pain by blocking nerve signals in the body. The ointment is used to reduce pain and discomfort caused by skin irritants such as insect bites, sun burn, minor cuts, sore mouth or throat, scratches, burns, poison ivy, and others.
Increase in applications of lidocaine as an anti-itching and pain relief drug associated with insects bites, minor cuts, burns, skin scrapes, male & women urethra, and eczema has fueled its demand, thereby driving the market growth. Furthermore, the use of the lidocaine ointment in cosmetic procedures for pain relief associated with cutaneous procedures such as laser surgery, soft tissue augmentation, and other cosmetic procedure is anticipated to fuel the market growth. In addition, rise in disposable income and increase in awareness of preventive healthcare among population are anticipated to boost the market growth. However, government regulations related to the safety and efficacy of the lidocaine ointment hinder the market growth. Ongoing R&D activities related to lidocaine ointment are anticipated to present new opportunities for the market.
The market is segmented on the basis of application, formulation, and geography. Based on the application, the market is categorized into medical, cosmetics, and others. By formulation, it is classified into internal use and topical use. The geographical breakdown of each of the aforesaid segment is covered for North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits
Lidocaine Ointment Market Report Highlights
Aspects | Details |
---|---|
By Application |
|
By Formulation |
|
By Region |
|
Key Market Players | AstraZeneca Plc., Proficient Rx LP, Taro Pharmaceuticals U.S.A., Inc., Novocol Inc., Teligent, Inc., Amneal Pharmaceuticals LLC, Septodont Healthcare India Pvt. Ltd., Glenmark Pharmaceuticals, Gemini Pharmaceuticals, Inc., Centura Pharmaceuticals, Inc. |
Start reading.
This Report and over 66,905+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers