Lice Treatment Market Industry Future Growth, Latest Technology, New Demands, Business Challenges & Key Players
Market Analysis and Size
In recent years, the lice treatment market is anticipated to grow rapidly during the forecast period. According to a UN survey released in 2019, the number of children under the age of 14 is anticipated to surpass 2.02 billion in 2019 and reach 2.06 billion by 2050. Because of the large number of people who are susceptible to lice infestation, the market is expected to develop. Lice is a parasite that feeds on human blood and thrives primarily on the head or public areas. Most lice treatments must be applied twice, seven to ten days apart, and nits must be removed by combing damp hair with a fine-toothed comb.
Data Bridge Market Research analyses that the lice treatment market was valued at USD 93.47 million in 2021 and is expected to reach USD 156.44 million by 2029, registering a CAGR of 6.65% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Data Bridge Market research has a newly released expansive study titled “Lice Treatment Market” which guarantees you will remain better informed than your competition. This study provides a broader perspective of the marketplace with its comprehensive market insights and analysis which eases surviving and success in the market.
Lice are wingless, blood-sucking insects that feed on the blood of humans and live on their heads or scalps. When lice suck blood from people, they inject saliva. Blood coagulation is prevented by injecting saliva. Pruritus is a disease caused by lice saliva entering the human circulatory system. The lice’s saliva may trigger severe allergic reactions in some people, and the lice’s sharp claws can cause itching and pain by moving through hair strands. Lice treatments (called pediculicides) are accessible without a prescription or over the counter. Shampoos, lotions, and cream rinses are among them.
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Some of the major players operating in the lice treatment market are:
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Mylan N.V. (US)
- Teva Pharmaceutical Industries Ltd.(Israel)
- Sanofi (France), Pfizer Inc. (US)
- GlaxoSmithKline plc (UK)
- Novartis AG (Switzerland)
- AstraZeneca (UK)
- Johnson & Johnson (US)
- Bayer AG (Germany)
- Sun Pharmaceutical Industries Ltd. (India)
- Eli Lilly and Company (US)
- Edenbridge Pharmaceuticals, LLC (US)
- ParaPRO LLC (US)
- Encube Ethicals (India)
- GALDERMA (Switzerland)
- In October 2020, U.S. Food and Drug Administration (FDA) had announced the approval of a lotion used in the treatment of head lice for nonprescription, or over-the-counter (OTC), use through a process called a prescription (Rx)-to-OTC switch. The prescription drug manufacturer usually initiates the changeover from prescription to over-the-counter. The evidence presented must demonstrate that the drug is safe and effective when used as instructed in the proposed labelling for it to be switched from prescription to nonprescription status. According to the company, consumers must be able to grasp how to use the drug safely and efficiently without the assistance of a healthcare expert.
Lice Treatment Market Scope
- Pediculosis Capitis
- Pediculosis Corporis
- Pediculosis Pubis
- Dosage form
Route of Administration
- Specialty Clinics
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
To achieve noteworthy business growth and maximum return on investment (ROI), adopting supreme this market research report is truly beneficial. The report comprises of most-detailed market segmentation, systematic analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. This market report has been framed by taking into account several factors of the present and upcoming market scenario. Statistical and numerical data covered in the report is represented using graphs and tables which simplify the understanding of facts and figures.
The analysis and estimations carried out via this market analysis report helps to get the details about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values. The report assists in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. An international this market report contains most recent and efficient market insights with which businesses can ponder to augment their marketing, advertising, promotional and sales strategies.
Core Objective of the This Market:
- This Market Size and growth rate factors.
- Important changes in the future this Market.
- Top worldwide competitors of the Market.
- Scope and product outlook of This Market.
- Developing regions with potential growth in the future.
- Tough Challenges and risk faced in Market.
- Global top manufacturers profile and sales statistics.
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