Allied Market Research

Lidocaine Hydrochloride Market : Market Forecast 2017-2023

Lidocaine hydrochloride is an anesthetic compound that acts by stabilizing the neuronal membrane by inhibiting ionic fluxes. These are required for the initiation and conduction of nerve impulses, which then performs the local anesthetic action.

 

Portland, OR -- (SBWIRE) -- 09/18/2017 -- The prime factors that drive the market are large scale requirement for anesthetics in surgeries along with increasing application of lidocaine hydrochloride in dental procedures. However, contraindications of lidocaine hydrochloride in patients who are allergic to local anesthetics, especially the amide type and side effects such as idiosyncrasy & hypersensitivity among many others restrain the market growth. But research and development to exploit the drugs full potential in pain management and treatment methods will offer lucrative opportunities for the market growth.

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The report segments the lidocaine hydrochloride market on the basis of dosage forms and region. Based on dosage forms, the market is segmented into creams, injectables, and others. Based on region, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

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The key players of the market include Pfizer Inc., Sigma-Aldrich Co. LLC., Mahendra Chemicals, Alanza Inc., Ciron Drugs & Pharmaceuticals Pvt. Ltd., P&R Ventures, Medexim India, Zuche Pharmaceuticals Pvt. Ltd, Amphastar Pharmaceuticals, Inc., and Nortec Qumica.

Lidocaine Hydrochloride Market Key Segments:

By Dosage Forms

-Creams
-Injectables
-Others

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