Press release
At a CAGR of 3.9%, Mouth Ulcers Treatment Market to Grow US$ 2,047.9 Mn by 2026
Fairfield market research indicates that the global mouth ulcers treatment market revenue is anticipated to rise at a healthy pace of 3.9% CAGR during the period as the market reaches US$ 2,047.9 Mn by 2026 from in US$ 1,690.6 Mn 2021.
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Rising Awareness among Population to Bode Well for Market Growth
Increasing awareness about the maintenance of oral health and hygiene, and growing knowledge among the general public regarding the availability of mouth ulcer treatment options collectively drive the growth of mouth ulcer treatment market. Demand will be more prominent at hospitals, for the patients suffering cold sores post-herpes simplex infection, those with canker sores, and those patients suffering or curing from oral cancer. More people choosing hospitals/clinics to seek solutions to their oral health issues will favour the market expansion to a large extent.
Opportunities Abound in Asia Pacific
Demand is likely to remain on a higher side in North America. As a sizeable population in the region uses some form of a mouthwash on a routine basis, there has been a greater number of recorded cases of oral cancer, as well as mouth ulcers. Increasing demand for effective mouth ulcer treatment will be generated especially in the US, Canada, and Mexico.
On the other side, Asian economies like China, Japan, India, and South Korea have been witnessing a shifting lifestyle over the recent past that has given a push to oral care products. This however can potentially lead to certain types of mouth ulcers that ought to be addressed with effective treatments at the earliest. The market in Asia Pacific is also likely to be driven by the expanding elderly population that creates sustained demand for oral health products.
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Key Market Competitors in Mouth Ulcer Treatment Space
GlaxoSmithKline, plc, Colgate Palmolive Company, Pfizer Inc., Bristol-Myers Squibb Company, Blistex Inc., 3M, Dr. Reddy's, Prince Care Pharma Private Limited, and Patterson Dental Supply, Inc. represent some of the most important companies driving competition in global mouth ulcer treatment market space. Innovative product developments will continue to trend this fairly fragmented landscape, suggests the report. While leading players are likely to remain focused on best leveraging the advent of technology in designing newer treatment possibilities, competitive pricing is expected to be their winning imperative.
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