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Lice Treatment Market 2024 Analysis, Growth, Size, Landscape And Forecast To 2033

05-31-2024 01:31 PM CET | Health & Medicine

Press release from: The Business research company

Lice Treatment Market Analysis

Lice Treatment Market Analysis

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Lice Treatment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $1.37 billion In 2028 At A CAGR Of 6.9% :

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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Lice Treatment Market Major Segments
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

Key Driver - The Growing Lice Treatment Market Driven By Increasing Prevalence Of Lice Infestations

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.

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Prominent Trend - Increasing Focus On Innovative Lice Treatment With Advanced Solutions To Gain A Competitive Edge In The Market

Major companies operating in the lice treatment market are increasing their focus on developing innovative products such as the Fast 'n Clean Lice Comb to revolutionize lice removal and gain a competitive edge in the market. The Fast 'n Clean Lice Comb is an advanced and innovative lice comb with interlocked teeth that can be easily opened by pressing the handle, allowing the captured lice matter to be effortlessly released into a bowl of water. For instance, in November 2022, JG&JG, a US-based grooming product manufacturer, introduced the Fast'n Clean Lice Comb, an advanced and innovative lice comb that offers a quicker and more thorough solution for eliminating head lice. The comb features a patented Press n Release system, which allows parents, guardians, school nurses, and caregivers to substantially reduce the time needed to remove both lice and their eggs (nits). Additionally, these offer a faster and more meticulous solution by allowing its interlocked teeth to be conveniently opened with a handle press, releasing captured lice matter into a water bowl, and eliminating the need for time-consuming cleaning between uses to prevent potential recontamination during lice removal.

Lice Treatment 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

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Largest And Fastest Growing Region In The Market
North America was the largest region in the lice treatment market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lice treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Lice Treatment Market Report Structure
3. Lice Treatment Market Trends And Strategies
4. Lice Treatment Market - Macro Economic Scenario
5. Lice Treatment Market Size And Growth
…..
27. Lice Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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