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Global Lice Treatment Market u2013 Industry Trends and Forecast to 2029
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Global Lice Treatment Market – Industry Trends and Forecast to 2029 In recent years, the lice treatment market is anticipated to grow rapidly during the forecast period. According to a UN survey released in 2019, the number of children under the age of 14 is anticipated to surpass 2.02 billion in 2019 and reach 2.06 billion by 2050. Because of the large number of people who are susceptible to lice infestation, the market is expected to develop. Lice is a parasite that feeds on human blood and thrives primarily on the head or public areas. Most lice treatments must be applied twice, seven to ten days apart, and nits must be removed by combing damp hair with a fine-toothed comb. Data Bridge Market Research analyses that the lice treatment market was valued at USD 93.47 million in 2021 and is expected to reach USD 156.44 million by 2029, registering a CAGR of 6.65% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework. https://www.databridgemarketresearch.com/reports/global-lice-treatment-market
Report Description • Lice Treatment Market Dynamics • Drivers • Increasing cases of head lice across the globe • The rising head lice cases across the globe are estimated to enhance the lice treatment market's growth. Head lice are known to transmit any disease, yet they do not transmit infections. They can cause excruciating itching and subsequent skin diseases. Sleep loss, extreme itching, discomfort, and a loss of attention on important tasks are among well-known side symptoms of head lice. These factors are fueling the global lice treatment market's expansion. • Increasing investment for healthcare infrastructure • Another significant factor influencing the growth rate of lice treatment market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics. • Furthermore, rising initiatives by public and private organizations to spread awareness and increasing prevalence of lice parasites contamination will expand the lice treatment market. Additionally, surging awareness towards health and rising adoption rate of over-the counter drugs will result in the expansion of lice treatment market. • Opportunities • Increase in the number of research and development activities • Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the lice treatment market growth. Along with this, rising drug approvals and launches will further propel the market's growth rate. • Moreover, rising investment for the development of advanced technologies and an increase in the number of emerging markets will provide beneficial opportunities for the lice treatment market growth during the forecast period.
Market Segmentation • Some of the major players operating in the lice treatment market are: • F. Hoffmann-La Roche Ltd. (Switzerland) • Mylan N.V. (US) • Teva Pharmaceutical Industries Ltd.(Israel) • Sanofi (France), Pfizer Inc. (US) • GlaxoSmithKline plc (UK) • Novartis AG (Switzerland) • AstraZeneca (UK) • Johnson & Johnson (US) • Bayer AG (Germany) • Sun Pharmaceutical Industries Ltd. (India) • Eli Lilly and Company (US) • Edenbridge Pharmaceuticals, LLC (US) • ParaPRO LLC (US) • https://www.databridgemarketresearch.com/toc/?dbmr=global-lice-treatment-market
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