Report ID: SQMIG35I2330
Report ID:
SQMIG35I2330 |
Region:
Global |
Published Date: April, 2024
Pages:
220
|
Tables:
92 |
Figures:
72
Articaine Hydrochloride Market size was valued at USD 1128.33 million in 2022 and is projected to grow from USD 1221.99 million in 2023 to USD 2135.33 million by 2031, growing at a CAGR of 8.3% in the forecast period (2024-2031).
The market has grown as a result of the increased use of articaine hydrochloride due to its rapid action and superior efficacy over other anesthetic medications. For example, articaine works better than lidocaine in patients with hypokalemic sensory overstimulation. The market for articaine hydrochloride is further supported by the rising incidence of dental problems brought on by junk food and the growing elderly population. Furthermore, growing disposable income and the growing trend of cosmetic dentistry are expected to support market expansion. However, it is projected that unfavorable reimbursement regulations and the high cost of dental procedures will impede market expansion. It is predicted that ongoing research and development endeavors concerning articaine hydrochloride and dental operations will yield novel prospects for the industry.
The rising rates of dental caries and other periodontal diseases, the development of dental anesthesia delivery systems, the rising use of articaine in dental surgery, the inventive nature of the dental anesthetics industry, and intensive research and development efforts are expected to propel the market's growth. One of the main dental conditions that affects people globally at a high incidence rate is periodontal disease. Other than articaine, prilocaine, lidocaine, mepivacaine, and bupivacaine are a few common local anesthetics. Throughout the projected period, the availability and use of substitute goods are probably going to hinder the market's expansion for articaine hydrochloride.
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Report ID: SQMIG35I2330