Global Articaine Hydrochloride Market

Articaine Hydrochloride Market Size, Share, Growth Analysis, By Application(Infiltration, Nerve Block, and Others), By End User(Dental Clincs, Hospitals, and Academics & Research Institute), By Region(North America, Latin America, Europe, Asia-Pacific), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35I2330 | Region: Global | Published Date: April, 2024
Pages: 220 | Tables: 92 | Figures: 72

Articaine Hydrochloride Market Insights

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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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 competitive landscape of the Articaine Hydrochloride Market is characterized by the presence of several international pharmaceutical companies striving to capture a significant market share. Key players such as Septodont, Dentsply Sirona, Pierrel Pharma, 3M Company, and Anhui BBCA Pharmaceutical Co., Ltd., are actively engaged in product development, strategic collaborations, and geographical expansion to strengthen their foothold in the market and meet the growing demand for articaine hydrochloride worldwide. '3M Company (US)', 'Siegfried Holding AG (Switzerland)', 'Novocol Healthcare Inc. (Canada)', 'Anhui BBCA Pharmaceutical Co., Ltd. (China)', 'Pierrel Group (Italy)', 'Johnson & Johnson (US)', 'Nortec Química S.A. (Brazil)', 'Sanofi (France)', 'Merck KGaA (Germany)', 'Septodont Healthcare India Pvt. Ltd. (India)', 'Transo-Pharm Handels GmbH (Germany)', 'Orgapharm (France)', 'Axyntis (France)', 'Benechim s.p.r.l (Belgium)', 'Green Stone Swiss Co., Ltd (Switzerland)', 'Moehs Iberica SL (Spain)'

Due to its quick onset and strong anaesthesia, dental professionals all around the world choose to use articaine hydrochloride. Its capacity to deliver efficient pain relief in a little amount of time improves patient happiness and comfort throughout a variety of dental procedures. This effectiveness results in better patient outcomes and drives the market for articaine hydrochloride to considerable expansion.

Growing Physician Preference: The use of articaine hydrochloride is growing due to the increase in dental procedures. Dentists use this anesthetic to reduce pain during dental treatments as it has deeper penetration into bone and soft tissues. With the advancement of pharmaceutical delivery technology, patients find Articaine Hydrochloride to be more effective and tolerable. The market is growing due to advances in treatment management and precision provided by computer-controlled local anesthetic delivery (CCLAD) devices. The benefits of articaine hydrochloride are being recognized by more doctors, which is increasing its popularity. IIt works better than standard anesthetics, according to dentists and oral physicians, which is great news for business.

Europe dominated the market in the past and is further anticipated to grow steadily as a result of rising dental treatment needs and attention. Another aspect propelling this market's expansion is Europe's increasing knowledge of preventative and remedial treatment. The new type of management system that would encourage dental professionals to run more efficient offices and free them up to concentrate on providing superior clinical treatment is the primary focus of the articaine hydrochloride market in Europe. The second-largest market share for articaine hydrochloride was held by North America. One of the reasons for the expansion of the articaine hydrochloride market in this area is the growing acceptance of the drug by dental practitioners.

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Global Articaine Hydrochloride Market

Report ID: SQMIG35I2330

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