Lidocaine vial market is anticipated to grow at a significant CAGR of 9.1% during the forecast period (2024-2031). The market growth is attributed to the growing use of lidocaine injections in a range of medical specialties, including cardiology, dentistry, and dermatology. Additionally, the market for lidocaine is growing with ongoing innovation and technological developments. New technologies frequently result in better products, more effectiveness, and better client experiences, which fuel demand and expand the market.
Lidocaine is an anesthetic agent commonly used for topical anesthesia. According to the American Society of Anesthesiologists, the use of topical medications to treat neck pain is appealing in populations such as the elderly (muscle atrophy) and service members and athletes (overuse injuries), for whom the use of oral medications is limited by side effects, drug interactions, and cognitive and psychomotor impairment. The global market for topical medications is projected to increase from $4.8 billion/yr in 2021 to $7.3 billion in 2031, with anti-inflammatory drugs and lidocaine comprising the bulk of sales.
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Lidocaine has a narrow therapeutic index, and plasma-level monitoring is helpful for patients with hepatic impairment who are on prolonged infusions. Ideal body weight should be used instead of actual body weight for dose calculations to avoid excessively high plasma concentrations (with an absolute upper limit of 120 mg/h for lidocaine infusions.
Recent Development
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Amphastar Pharmaceuticals, Inc., Fresenius SE & Co. KGa, AHikma Pharmaceuticals, Pfizer Inc., and Viatris Inc. among others.
Key questions addressed by the report.
Global Lidocaine Vial Market Report Segment
By Application
Global Lidocaine Vial Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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