lidocaine patches market 2021 Global Industry Report Analysis, Trends, Size, Competitive Landscape
- celina redden
- Aug 17, 2021
- 2 min read
The Global Lidocaine Market has been segmented into formulation, application, and distribution channel. The European Lidocaine market has been segmented into Western Europe and Eastern Europe.
The Global Lidocaine Market is expected to grow significantly over the forecast period. Lidocaine is a synthetic aminoethyl amide with local anesthetic and antiarrhythmic properties.
The growing applications of lidocaine as an anti-itching and pain relief drug associated with insect's bites, minor cuts, burns, skin scrapes, in the urethra in males as well as females, and eczema are anticipated to boost its demand, thereby driving the growth of the market. Additionally, high adoption of lidocaine injections as local anesthetics during surgeries is expected to contribute to the market growth.
Moreover, ongoing research and development activities related to lidocaine are anticipated to present new opportunities for the market. For instance, Scilex Pharmaceuticals Inc., a subsidiary of Sorrento Therapeutics, Inc. received approval from the US Food and Drug Administration (FDA) for the product ZTlido (lidocaine topical system). However, government regulations related to the safety and efficacy of lidocaine may hamper the market growth.
Key Players
The Global lidocaine patches market are AstraZeneca Plc, Pfizer, Inc., Glenmark Pharmaceuticals, Amneal Pharmaceuticals LLC, Centura Pharmaceuticals, Inc., Taro Pharmaceuticals USA, Inc., Endo Pharmaceutical Inc., Teligent, Inc., Mylan Pharmaceuticals Inc., Teva Pharmaceutical Industries Ltd and Sorrento Therapeutics, Inc.
Regional Market Summary
Global Lidocaine Market, by Formulation
Internal Use
Injection
Others
Global Lidocaine Market, by Application
Medicines
Cosmetics
Others
Global Lidocaine Market, by Distribution Channel
Hospital Pharmacies
Retail Pharmacies
E-Commerce
Global Lidocaine Market, by Region
Americas
North America
US
Canada
South America
Europe
Western Europe
Germany
France
Italy
Spain
UK
Rest of Western Europe
Eastern Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Middle East
Africa
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