Lice are the pathogens or the parasites that can be seen on people’s skull and bodies, comprising the private parts. There are 3 kinds of lice that impact humans: head lice, body lice, and pubic lice. Head lice are a very usual, itchy, vastly contagious situation that generally takes place in kindergarten, day care centers, and schools. It is a general difficulty, particularly for children. They jump easily from person to person, and often are hard to get rid of. Body lice stay in clothing and bedding and transfer to the skin many times a day to feed on blood. Pubic lice are tiny insects seen in the genital area. Pubic lice are chiefly spread by close body contact, most usually sexual contact. Lice treatment goods are accessible over-the-counter or with a prescription. These goods help eradicate lice.
Market Statistics:
The Global Lice Treatment Market is evaluated to hold for US$ 993.5 Mn in terms of value by the last of 2022.
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Drivers:
Rising need for safe and efficient therapy is anticipated to propel growth of the global lice treatment market over the predicted timeline. For example, with the rising frequency of lice over the globe and rise in perception amidst people, need for secure and efficient therapy is also increasing. In July 2020, the Food and Drug Administration (FDA) approved the use of Xeglyze, a medicine utilized to cure head lice in people six months of age and above. FDA granted the medicine after a medical trial survey the efficiency of the medicine in the obstruction of head lice infestation. Over 80% of sufferers cured with Xeglyze were free of live head lice.
Opportunities:
Superior plague pool and growing children populace throughout the world is projected to provide notable development opportunities for players in the global lice treatment market. For example, lice are a usual problem, particularly for kids. Millions of people get head lice every year. According to the American Academy of Dermatology, head-lice infestations are particularly found in schools. In the United States, it is stated that around 6 to 12 million children amongst 3 and 12 years of age have head lice every year. This further is anticipated to rise the need for secured and efficient lice therapy in this region.
Restraints:
Absence of perception amidst people and less hospital investment in developing countries are main reasons anticipated to hinder development of the global lice treatment market. For example, a shortage of perception amidst people over the globe, about head lice treatment, usually leads to the usage of traditional remedies, such as the usage of insecticides or kerosene, which can be very hazardous and may lead to the fatality of the people being cured. September is national head lice prevention month; raise consciousness among individuals.
Global Lice Treatment Market – Impact of Coronavirus (COVID-19) Pandemic:
The outburst of COVID-19 is an unparalleled health problem and has notably affected the development of the market. Though COVID-19 has made some problems, lice treatment mimic a crucial role during COVID-19. The supply of ivermectin in retail pharmacies has raised, and there has been a rise in patients being cured for lice in several hospitals in the US. In short, the epidemic has had a effective impact on the development of the lice treatment market, and is projected to help in the development of the market.
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Key Takeaways:
The global lice treatment market was evaluated at US$ 937.4 Mn in 2021 and is predicted to reach a value of US$ 1,413.3 Mn by 2028 at a CAGR of 6.0% between 2022 and 2028.
Among product type prescription medication segment account leading position in the global lice treatment market in 2021, holding for 59.4% share in terms of value, rising approval and grants of new goods is anticipated to fuel development of the segment over the predicted duration.
Market Trends:
Rise in awareness amidst people is anticipated to fuel growth of the global lice treatmentmarket over the predicted timeline. For example, September is a National Head Lice Prevention Month. It is an annual reminder to the parents regarding the significance of routine observation and sending their kids to school eradicating the lice.
Overview of new goods by market players is anticipated to fuel the development of the global lice treatmentmarket over the predicted duration. For example, in August 2021, ParaPRO gained the FDA grants for Natroba Topical Suspension, 0.9%, the first item for scabies, accessible in the US.
Competitive Landscape:
Key players involved in the global lice treatment market are Oystershell Consumer Health (Bayer), Fleming Medical Ltd., Arbor Pharmaceuticals Inc. (Azurity Pharmaceuticals), GlaxoSmithKline, Johnson and Johnson Services, Inc., Parapro Pharmaceuticals, Perrigo company plc (Omega Pharma), Alliance Pharmaceuticals Ltd., and Prestige Consumer Healthcare Inc., among others.
Recent Developments:
In July 2020, the U.S. FDA accepted XeglyzeTM (abametapir 0.74% lotion), produced by Dr. Reddy’s Laboratories, as a topical therapy for head lice infestation in patients at least six months old.
In July 2020, Oystershell came into an agreement with Bayer HealthCare LLC to acquire RID, one of the leading brands in lice therapy in the US.
In May 2018, TechCare Corporation declared that it will introduce its Novokid Lice Treatment Products Line in Super Pharm, Israel’s largest and leading drugstore chain.
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☑ It attempts an analysis of the competing scenario.
☑ The current and exceptional product revenue market.
☑ An in-depth data on the regional investigation and competitive landscape structure.
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☑ The marketing strategies, opportunities, and development factors are explained.
☑ Lice Treatment market size estimation and recent advancements in the industry are explained.
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Table of Content
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Geography
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Increasing prevalence of lice infestation worldwide
- Lack of awareness among people worldwide
- Increasing demand for safe and effective treatment
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- Market Dynamics
- Global Lice Treatment Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- Global Lice Treatment Market, By Product Type, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- OTC Medication
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Prescription Medication
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Introduction
- Global Lice Treatment Market, By Distribution Channel, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Hospitals and Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Other Distribution Channels
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Introduction
- Global Lice Treatment Market, By Geography, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Middle East and Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Rest of World
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2028,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2028,(US$ Mn)
- Introduction
- Competitive Landscape
- Fleming Medical Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Parapro Pharmaceuticals
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Prestige Consumer Healthcare Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Perrigo company plc (Omega Pharma)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Alliance Pharmaceuticals Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Oystershell Consumer Health (Bayer)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Johnson and Johnson Services, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- GlaxoSmithKline
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Arbor Pharmaceuticals Inc. (Azurity Pharmaceuticals)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Analyst Views
- Fleming Medical Ltd.
- Section
- Research Methodology
- About us
About Coherent Market Insights
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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