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.
The Global Lidocaine 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.
Get a Sample Report at https://www.marketresearchfuture.com/sample_request/1308 .
Regional Market Summary
Global Lidocaine Market, by Formulation
Global Lidocaine Market, by Application
Global Lidocaine Market, by Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
Global Lidocaine Market, by Region
- North America
- South America
- Western Europe
- Rest of Western Europe
- Eastern Europe
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Middle East
Send a Query at https://www.marketresearchfuture.com/enquiry/1308 .
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar