Global Mouth Ulcers Treatment Market Driven by Rise in Ulcer Patients, to Amount to US$1.6 Billion by 2020

The global mouth ulcers treatment market is expected to be growing at a 3.8% CAGR during the period between 2014 and 2020. The market amounted to US$1.2 billion in 2014 and is predicted to amount to US$1.6 billion during the forecast period. Rise in the number of ulcer patients over the past few years has resulted in the growth of the global mouth ulcers treatment market.

Growing Geriatric Population Driving Demand for Mouth Ulcer Treatments

Rising awareness regarding mouth ulcers and growth in the geriatric population will boost the demand for mouth ulcer treatments during the period from 2014 to 2020. The global mouth ulcers treatment market offers a wide variety of treatments to treat. As per the formulation, the mouth ulcer treatment market is categorized into spray, gel, lozenge, and mouth wash. The market for such kind of formulas is studied on the basis of sales revenue, consistency, and effectiveness. Gels led the global mouth ulcers treatment market in 2013, while the lozenges segment is forecast to grow faster in the coming few years. Based on the class of drugs, the global mouth ulcers treatment market is divided into anesthetic, analgesic, antimicrobial, and antihistamine.

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Recently, in Sydney, Australia, mouth ulcer was found to be highly prevalent in children. Hand, mouth, and foot ulcers were commonly found in the majority of youth population in Australia. NSW Health’s Jeremy McAnulty reported that ulcers and other mouth diseases had grown in severity and incidence in children over the past few years.

Some of the cases of mouth ulcers required hospitalization, while many others were treated by using common ulcer treatments. Dr. McAnulty further stated that, apart from ulcers, children have also faced various other viral diseases in the recent past. Not just in Sydney but in many other places in Australia, a large section of the population was affected by ulcers over the past few years, children being the major culprits.

To help children recover from ulcers, healthcare centers and medical centers offered mouth ulcers treatments with immediate effects. Educational programs were also conducted by medical centers for people in Sydney to make them understand all about the treatment of mouth ulcers with home remedies.

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Growing Prevalence of Mouth Ulcers in Asia Pacific to Shape Market Dynamics

Geographically, the global mouth ulcers treatment market is divided into four regions, including Europe, Asia Pacific, North America, and Rest of the World. Countries in North America recorded the maximum number of people with mouth ulcers in 2014. However, emerging markets in Asia Pacific are predicted to contribute more towards the growth of the global mouth ulcers treatment market during the forecast period.

Many international and local companies are introducing genuine treatments for mouth ulcers. Players such as Bristol Myers Squibb Company, Pfizer Inc., Taro Pharmaceutical Industries Ltd., Blistex Inc., 3M, The Colgate Palmolive Company, Church and Dwight Co. Inc., and ECR Pharmaceuticals are contributing towards development of the global mouth ulcers treatment market.

Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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This release was published on openPR.