Local Anesthesia Drugs Market
Global Local Anesthesia Drugs Market Size, Share and Trends Analysis Report, By Drug Type (Bupivacaine, Lidocaine, Benzocaine, Ropivacaine, Prilocaine, Chloroprocaine, and Others), By Mode of Administration (Injectable and Surface Anesthetic), Forecast (2022-2028) Update Available - Forecast 2024-2030
The global local anesthesia drugs market is anticipated to grow at a CAGR during the forest period (2022-2028). Local anesthesia blocks the transmission of impulses in nerve fibres as well as reduces or eliminates sensation. As there has been an increase in the number of surgical operations performed across the globe which includes dental surgery, cosmetic surgery, and plastic surgery, the demand for local anesthesia drugs and product approvals have increased, which led to the market growth. A key trend observed in the market is a significant rise in demand for post-surgical operation pain relief options. This trend is likely to continue during the whole forecast period and increase the demand for local anesthesia drugs. Approximate 65% of the total surgical operation performed needs post-operative pain anesthesia. Major growth in the number of surgeries performed can be due to the age-old population, various muscle problems, respiratory ailments, spinal problems, and many more occur at old age. Also, advancements in drug delivery technologies are expected to contribute to the demand for local anaesthetics in surgical operations. For instance, DepoFoam technology uses a new method and is very efficient to deliver bupivacaine.
Impact of COVID-19 Pandemic on Global Local Anesthesia Drug Market
Several quick changes in response to COVID-19 had an immediate impact on local anesthesia drugs and their practices. The supply chain of the anesthesia workforce was slow due to the lockdown. The most challenging impacts were due to the cancelling or postponement of non-essential surgical operations, and this brought a direct negative effect on the financial part. This also brought a reduction in anesthesia practices and can also lead to workforce reduction for practices that specialize in these types of surgical operational procedures. Different anesthesia methods are required to reduce the use of medications that are used to support patients on ventilators for procedures that are still being performed. Once the pandemic is over, procedures that have been postponed will need to be rescheduled along with others which will lead to an increase in demand for the local anesthesia drugs market.
Segmental Outlook
The global local anesthesia drug market is segmented based on the drug type, Bupivacaine, Lidocaine, Benzocaine, Ropivacaine, Prilocaine, and Chloroprocaine. Based on the mode of administration, the market is sub-segmented into injectable and surface aesthetic. Hence, on the other side, the other drug used more is Benzocaine and Ropivacaine. Bupivacaine is a prescription medication used as local anesthesia that blocks the nerve that sends pain signals to the brain. This injection is used as an anesthetic for local and regional anesthesia for several operational procedures. Additionally, on the mode of administration, the injectable segment in the global-local anesthesia drug is going to increase in the forecast period.
**The above-mentioned segments can be customized as per the requirements.
Global Local Anesthesia Drugs Market Share by Drug Type, 2021 (%)
Bupivacaine Drug Holds a Prominent Share in the Global Local Anesthesia Drug Market
Among drug type, the Bupivacaine segment is likely to hold prominent share in the global anesthesia market during the forecast period. Bupivacaine drug is widely used as a local anesthesia drug that has been used in various surgical procedures. This drug helps in blocking the nerve impulses that send pain signals to the brain. It is also used widely due to its efficiency in numbing certain organs. Drug effect lasts for a longer duration and is more effective than other medicines at controlling post-surgical operational pain.
Regional Outlook
The global local anesthesia drug market is further segmented based on geography including North America (the US and Canada), Europe (Italy, Spain, Germany, France, Rest of Europe), Asia Pacific (India, China, Japan, South Korea, Rest of Asia Pacific), and the Rest of the World (Latin America and the Middle East and Africa). Europe held the second-largest share in 2021 and is projected to hold lucrative share during the forecast period. The factors such as advancements in surgical procedures, and surging adoption of local anaesthetics in post-operative pain management are driving the market growth.
**The market can be analyzed for a particular region or country level as per requirement.
Global Local Anesthesia Drug Market Growth, by region 2022-2028
North America is Estimated to Hold the Major Share in the Global Local Anesthesia Drug Market
Geographically, North America region showed notable growth and accounted the largest market share in 2021. The US anesthesia market is considered as one of the prominent regional markets in the world. The major factors for the growth in the US include the increasing numbers of surgeries, rising aging population with increase in chronic conditions, and also advancement in anesthesia technologies. Due to the rising scope of local anesthesia in the market, key players are making efforts to develop innovative drugs, thus increasing the market growth in the region.
Market players Outlook
The Major companies serving the global-local anesthesia drug market include Aspen Pharma Care, Fresenius Kabi, Novartis, Inc, Sagent Pharmaceutical, Mylan, Pfizer, And Many Others. The key players of the market include among others. These market players are adopting several market strategies including product launch and approvals, merger and acquisition, partnership collaboration, business, and capacity expansion, and others. For instance, GlaxoSmithKline and AstraZeneca recently divested their anesthetic portfolio to Aspen Pharmacare, making them one of the largest suppliers of anesthesia drugs across the globe.
The report covers
- Market value data analysis of 2022 and forecast to 2028
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the Global Local Anesthesia Drugs Market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Local Anesthesia Drugs Market
• Recovery Scenario of Global Local Anesthesia Drugs Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Aspen Pharmacare
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Fresenius Kabi AG
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Novartis Inc
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Pacira Pharmaceutical Inc
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Mylan Pharmaceuticals Pvt Ltd
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Local Anesthesia Drugs Market by Drug Type
4.1.1. Bupivacaine
4.1.2. Lidocaine
4.1.3. Benzocaine
4.1.4. Prilocaine
4.1.5. Chloroprocaine
4.1.6. Others
4.2. Global Local Anesthesia Drugs Market by Mode of Administration
4.2.1. Injectable
4.2.2. Surface Anesthetic
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1 Latin America
5.4.2 Middle East and Africa
6. Company Profiles
6.1. Sagent Pharmaceutical
6.2. Mylan Pharmaceuticals Pvt Ltd
6.3. Teva Pharmaceuticals Industries
6.4. GlaxoSmithKline
6.5. AstraZeneca
6.6. LGM Pharma LLC
6.7. Pfizer Inc
6.8. Boc Sciences
6.9. Glenmark Pharmaceutical
6.10. Hikma Pharmaceuticals plc
6.11. Piramal Group
6.12. Abbott Healthcare Pvt Ltd
6.13. AbbVie Inc
1. GLOBAL LOCAL ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY DRUG TYPE, 2022-2028 ($ MILLION)
2. GLOBAL BUPIVACAINE LOCAL ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2028 ($ MILLION)
3. GLOBAL LIDOCAINE LOCAL ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2028 ($ MILLION)
4. GLOBAL BENZOCAINE LOCAL ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2028 ($ MILLION)
5. GLOBAL ROPIVACAINE LOCAL ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2028 ($ MILLION)
6. GLOBAL PRILOCAINE LOCAL ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2028 ($ MILLION)
7. GLOBAL CHLOROPROCAINE LOCAL ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2028 ($ MILLION)
8. GLOBAL OTHER LOCAL ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2028 ($ MILLION)
9. GLOBAL LOCAL ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY MODE OF ADMINISTRATION, 2022-2028 ($ MILLION)
10. GLOBAL INJECTABLE ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2028 ($ MILLION)
11. GLOBAL SURFACE ANESTHETIC DRUGS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2028 ($ MILLION)
12. GLOBAL ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2022-2028 ($ MILLION)
13. NORTH AMERICAN ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2028 ($ MILLION)
14. NORTH AMERICAN ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY DRUG TYPE, 2022-2028 ($ MILLION)
15. NORTH AMERICAN ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY MODE OF ADMINISTRATION, 2022-2028 ($ MILLION)
16. EUROPEAN ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2028 ($ MILLION)
17. EUROPEAN ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY DRUG TYPE, 2022-2028 ($ MILLION)
18. EUROPEAN ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY MODE OF ADMINISTRATION, 2022-2028 ($ MILLION)
19. ASIA-PACIFIC ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2028 ($ MILLION)
20. ASIA-PACIFIC ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY DRUG TYPE, 2022-2028 ($ MILLION)
21. ASIA-PACIFIC ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY MODE OF ADMINISTRATION, 2022-2028 ($ MILLION)
22. REST OF THE WORLD ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2028 ($ MILLION)
23. REST OF THE WORLD ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY DRUG TYPE, 2022-2028 ($ MILLION)
24. REST OF THE WORLD ANESTHESIA DRUGS MARKET RESEARCH AND ANALYSIS BY MODE OF ADMINISTRATION, 2022-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL LOCAL ANESTHESIA MARKET, 2022-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL LOCAL ANESTHESIA DRUGS MARKET BY SEGMENT, 2022-2028 ($ MILLION)
3. RECOVERY OF GLOBAL ANESTHESIA DRUGS MARKET, 2022-2028 (%)
4. GLOBAL ANESTHESIA DRUGS MARKET SHARE BY DRUG TYPE, 2022-2028 (%)
5. GLOBAL BUPIVACAINE ANESTHESIA DRUGS MARKET SHARE BY GEOGRAPHY, 2022-2028 (%)
6. GLOBAL LIDOCAINE ANESTHESIA DRUGS MARKET SHARE BY GEOGRAPHY, 2022-2028 (%)
7. GLOBAL ROPIVACAINE ANESTHESIA DRUGS MARKET SHARE BY GEOGRAPHY, 2022-2028 (%)
8. GLOBAL PRILOCAINE ANESTHESIA DRUGS MARKET SHARE BY GEOGRAPHY, 2022-2028 (%)
9. GLOBAL CHLOROPROCAINE ANESTHESIA DRUGS MARKET SHARE BY GEOGRAPHY, 2022-2028 (%)
10. GLOBAL OTHERS ANESTHESIA DRUGS MARKET SHARE BY GEOGRAPHY, 2022-2028 (%)
11.
12. GLOBAL ANESTHESIA DRUGS MARKET SHARE BY MODE OF ADMINISTRATION, 2022-2028 (%)
13. GLOBAL INJECTABLE ANESTHESIA DRUGS MARKET SHARE BY GEOGRAPHY, 2022-2028 (%)
14. GLOBAL SURFACE ANESTHETIC ANESTHESIA DRUGS MARKET SHARE BY GEOGRAPHY, 2022-2028 (%)
15. GLOBAL ANESTHESIA DRUGS MARKET SHARE BY GEOGRAPHY, 2022-2028 (%)
16. US ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
17. CANADA ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
18. UK ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
19. FRANCE ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
20. GERMANY ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
21. ITALY ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
22. SPAIN ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
23. REST OF EUROPE ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
24. INDIA ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
25. CHINA ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
26. JAPAN ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
27. SOUTH KOREA ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
28. REST OF ASIA-PACIFIC ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
29. REST OF THE WORLD ANESTHESIA DRUGS MARKET SIZE, 2022-2028 ($ MILLION)
