Press release
Lice Treatment Global Market is Booming Worldwide with CAGR of 6.9% By 2028 | Bayer AG, Sanofi S.A., GSK PLC, Perrigo Company PLC, LiceDoctors LLC
Lice Treatment Market
The Business Research Company presents an extensive market research report on the Lice Treatment Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The lice treatment market size has grown strongly in recent years. It will grow from $0.98 billion in 2023 to $1.05 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to high incidence in school-aged children, consumer awareness and education, over-the-counter (otc) treatment availability, social stigma and public health concerns, resistance to traditional treatments..
The lice treatment market size is expected to see strongly grown in the next few years. It will grow to $1.37 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to school and community health programs, global travel and migration trends, natural and non-chemical treatment preferences, telemedicine consultations for lice treatment, research and development in lice treatments.. Major trends in the forecast period include rise of prescription-based treatments, combination treatments for eggs and nits, telehealth integration for consultations, development of pediatric-friendly formulations, expansion of over-the-counter (otc) product offerings..
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Key Market Players:
Major companies operating in the lice treatment market report are Pfizer Inc., Johnson & Johnson, Merck & Co. Inc, Bayer AG, Sanofi S.A., GSK plc, Reckitt Benckiser Group Plc, Perrigo Company plc, Elanco Animal Health Incorporated, Mylan N.V., Prestige Consumer Healthcare Inc., Taro Pharmaceuticals, Alliance Pharmaceuticals Ltd, Arbor Pharmaceuticals, Pernix Therapeutics Holdings, LiceDoctors Llc, Fairy Tales Hair Care Inc, ICB PHARMA, Tec Laboratories Inc., The Lice Crew, Organic Lice Guru LLC, Lice Clinics of America , ParaPRO LLC, NitWits, ARR Health Technologies Inc. (LiceGuard), Lice Sisters LLC, Lice Busters America LLC, Natural Lice Products, Lice Lifters
Market Drivers:
The increasing prevalence of lice infestations is expected to propel the growth of the lice treatment market going forward. Lice infestation refers to the presence of lice and parasitic insects that infest the hair or skin of humans or animals, leading to various health and hygiene concerns. Lice infestation necessitates a growing need for effective and accessible treatments such as medications and professional lice removal services to eliminate the infestation and alleviate associated discomfort and health risks. For instance, in January 2022, according to the Tennessee Department of Health, a US-based state agency responsible for overseeing and promoting public health initiatives, an estimated 6-12 million head lice cases occurred annually in the United States among children aged 3-11 years. Therefore, the increasing prevalence of lice infestations will drive the growth of the lice treatment market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/lice-treatment-global-market-report
The lice treatment market covered in this report is segmented -
1) By Type: Pediculosis Capitis, Pediculosis Corporis, Pediculosis Pubis
2) By Treatment: Over The Counter (OTC) Medication, Prescription Medication
3) By Distribution Channel: Hospitals And Clinics, Retail Pharmacies, Other Distribution Channels
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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