Lice Treatment Market Size by Type, Treatment, Distribution Channel, Region – Segment-Level Market Assessment, Growth Opportunity Analysis, Competitive Mapping & Forecast to 2030
Overview
Lice Treatment Market was valued at US$ 423.65 Mn. in 2023. Global Lice Treatment Market size is estimated to grow at a CAGR of 6.53%.
Lice Treatment Market Overview:
Lice is a parasite, which grows commonly on the head and feeds on human blood. The lice move by crawling and spread by close person-to-person contact. It is mostly found between the children ages 3-11 and their families. Benzyl alcohol-based lotions are highly used by a huge population and require repetition within 7days for effective results. The presence of lotions that have gotten FDA approvals and high adoption of lice treatment products are expected to boost lice treatment market.
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Lice Treatment Market Dynamics:
The high prevalence of lice parasites contamination across the globe is one of the prime key factors, which boosting the growth of the lice treatment market. Rise in the level of awareness about hygiene, innovative product launches and easy availability of lice treatment products are some of the factors behind the market growth. Additionally, R&D activities by pharmaceutical companies to come up with effective compounds, which will help effective kill is expected to offer key opportunities to the lice treatment market. On the other hand, adverse effects by some of the lice treatments are expected to limit the market growth. The treatment, which involves permethrin are expected to form aggravate the scalp irritation, itching, or swelling.
According to the MMR, despite the sales figures indicate the pandemic slowed, the adoption of lice treatment did not stop purchases of lice treatments shampoos, combs and other products. In 2023, U.S. multi-outlet sales of parasite treatments have totalled more than US $124.8 million. In the year, more than 9 million units sold, which has indicated there was still a need for products
Lice Treatment Market Segment Analysis:
In some geographical locations have a high demand for over-the-counter treatments. The lice treatment includes both over-the-counter and prescription shampoos, creams, and lotions. The OTC medications are based on pyrethrin, which is a chemical compound extracted from the chrysanthemum flower. The OTC treatment is expected to hold the dominant position in the market during the forecast period. Over the counter drugs have always given a tough time and widely preferred because of its easy availability and low cost. Many consumers mainly in developing and underdeveloped countries are adopting treatment for lice infestation. High prevalence and growing child population who are more prone to lice infestation across the globe are expected to boost the demand for lice treatment.
In the pandemic period, the clinics was closed temporarily and consumers had shifted to at-home methods by ordering over-the-counter products through online platform. Retailers offer, who had offered online solution and curb-side pickup get profits during the pandemic. Most clinics have since reopened after the pandemic, and consumers have a choice of professional treatment.
Lice Treatment Market Regional Insights:
Head lice are found worldwide. In the United States, head lice infestation is most common among pre-school children, child care, elementary schoolchildren, and the household members of infested children. North America region is expected to contribute high share in the market, which is attributed to the factors like high prevalence of lice infestations among children. In the North America region, United States country is expected to hold the more than 45% share in the market because of presence of number of infestations and number of research and development programs.
Several clinics are utilizing chemical-less procedures for treating Lice. The research and developing activities regarding with the usages of lice treatment, innovation of electronic devices and devices approved by FDI in the developed countries like USA, Canada are expected to drive the market growth. The presence of pediatric population and disposable income are also boosting the demand for lice treatment products.
Lice Treatment Market Competitive Landscape:
The competitive landscape section in themarket offers a deep dive into the profiles of the leading players operating in the global market landscape. It offers captivating insights on the key developments, differential strategies, and other crucial aspects about the companies having a stronghold in the Lice Treatment market. In 2023, the U.S. Food and Drug Administration has approved the prescription-to-OTC switch for Sklice lotion to treat head lice. Key players operating in the market are focusing on the innovative treatment products, which will help to reduce the side-effects of lice treatment.
The objective of the report is to present a comprehensive analysis of the global Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The reports also help in understanding the Market dynamic, structure by analyzing the market segments and projecting the Market size. Clear representation of competitive analysis of key players by Distribution Channel, price, financial position, product portfolio, growth strategies, and regional presence in the Market make the report investor’s guide.
Lice Treatment Market Scope: Inquiry Before Buying
| Global Lice Treatment Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | US $ 423.65 Mn. |
| Forecast Period 2024 to 2030 CAGR: | 6.53 % | Market Size in 2030: | US $ 659.65 Mn. |
| Segments Covered: | by Type | Pediculosis Capitis Pediculosis Corporis Pediculosis Pubis |
|
| by Treatment | OTC Products Permethrin Pyrethrin Others Prescription Medications Ivermectin Spinosad Malathion Other Prescription Medications |
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| by Distribution Channel | Hospitals and clinics Retail Pharmacies Online Platform |
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Lice Treatment Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and the Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and the Rest of APAC)
South America (Brazil, Argentina Rest of South America)
Middle East & Africa (South Africa, GCC, Egypt, Nigeria and the Rest of ME&A)
Lice Treatment Market, Key Players are:
1. AgroSciences LLC
2. AkzoNobel N.V.
3. Dow AgroSciences LLC
4. Elanco
5. Insight Pharmaceuticals
6. Alliance Pharmaceuticals Ltd
7. Bayer HealthCare
8. Johnson & Johnson
9. Sanofi
10. Topaz Pharmaceuticals Inc
11. GlaxoSmithKline
12. Omega Pharma
13. Pfizer
14. Taro Pharmaceuticals
15. Arbor Pharmaceuticals
16. ICB PHARMA
17. Merck & Co., Inc
18. Galderma Laboratories, L.P
19. ParaPRO LLC
20. Medtech
21. Mylan N.V.
Frequently Asked Questions:
1] What segments are covered in the Lice Treatment Market report?
Ans. The segments covered in the Lice Treatment Market report are based on Type, Treatment and Distribution Channel.
2] Which region is expected to hold the highest share in the Lice Treatment Market?
Ans. The North America region is expected to hold the highest share in the Market.
3] What is the market size of the Lice Treatment Market by 2030?
Ans. The market size of the Market by 2030 is US$ 659.65 Mn.
4] What is the forecast period for the Lice Treatment Market?
Ans. The forecast period for the Market is 2024-2030.
5] What was the market size of the Lice Treatment Market in 2023?
Ans. The market size of the Market in 2023 was US$ 423.65 Mn.