Orbis Research Present’s Global Local Anesthesia Drugs Market-Growth, Trends, and Forecasts (2017-2022) enhances the decision making capabilities and helps to create an effective counter strategies to gain competitive advantage.
The Global Local Anesthesia Drugs Market accounted for USD 8,160 million in 2015 and USD 8,335 million in 2016. The market is expected to reach USD 9,240 million by 2022, growing at a CAGR of 2.1% during the forecast period of 2016 to 2022.
Local anesthetics function by blocking the generation and conduction of nerve impulses. The blocking is mostly done by increasing the threshold for electrical excitation in the nerve, by slowing the propagation of the nerve impulse and by reducing the rate of rise of the action potential. The effect and progression of anesthesia are mostly related to the diameter, myelination and conduction velocity of affected nerve fibers. The order in which the nerve loses its functionality is as follows: pain, temperature, touch, proprioception and skeletal muscle tone.
The common drugs in local anesthetics can be chemically classified into a) Ester-linked Local Anesthetics like Cocaine, Procaine, Chloroprocaine, Tetracaine, benzocaine and others. b) Amide-linked local anesthetics such as Lidocaine, Bupivacaine, dibucaine, prilocaine, ropivacaine and others.
Global Local Anesthesia Drugs Market-Market Dynamics
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The report details several factors driving the market, some of which are listed below.
Increase incidence of surgeries
Trends in cosmetic surgery procedures
Increasing dental procedures and plastic surgery
Lesser side effects compared to general anesthetics
In this report, the global local anesthesia drugs market has been segmented based on drugs, applications, and geography. The drugs market has been segmented into Bupivacaine, Ropivacaine, Lidocaine, Chloroprocaine, Oxethazaine, Prilocaine, Benzocaine and other local anesthetics. The segment based on application includes plastic and cosmetic surgery, dental anesthesia, spinal anesthesia, peripheral nerve block, epidural, inter scalene block, saddle block, and others. Ropivacaine accounted for the largest market share in 2015.
The segmentation based on geography includes North America, Europe, Asia-Pacific, Middle East and Africa, and South America. North America has been subdivided into the USA, Canada, and Mexico. Europe has been subdivided into the UK, Germany, France, Italy, Spain, and Rest of Europe. The Asia-Pacific market has been subdivided into India, China, Japan, South Korea, Australia & New Zealand and Rest of Asia-Pacific. The Middle East and Africa market has been subdivided into GCC countries, South Africa and Rest of MENA. The South American market has been subdivided into Brazil, Argentina, and Rest of South America. North America accounted for the largest market share in 2015.
Some of the key players in the market are:
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What the Report Offers
Market analysis for the global local anesthesia drugs market, with region-specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global local anesthesia drugs market.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
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