Lice Treatment Market to Grow with a CAGR of 5.98% through 2028
Rising prevalence of lice infestations and growing awareness are expected to drive the Global Lice
Treatment Market growth in the forecast period, 2024-2028.
According to TechSci Research report, “Lice
Treatment Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Lice Treatment Market stood
at USD 1.01 billion in 2022 and is anticipated to grow with a CAGR of 5.41% in
the forecast period, 2024-2028. The global lice treatment market has been
experiencing substantial growth in recent years, driven by several key market
drivers. Lice infestations are a common problem, particularly among school-age
children, and the demand for effective treatment options has led to the
expansion and evolution of this market. Increasing Prevalence of Lice Infestations: One of the
primary drivers of the global lice treatment market is the rising prevalence of
lice infestations worldwide. Lice are highly contagious and can easily spread
through close personal contact, making schools, daycares, and households
susceptible to outbreaks. As the incidence of lice infestations continues to
grow, there is a corresponding increase in the demand for lice treatment
products and services, propelling the market forward.There has been a significant uptick in awareness and
education about lice infestations in recent years. Parents, teachers, and
healthcare professionals are better informed about the signs, symptoms, and
treatment options for lice. This increased awareness has resulted in earlier
detection and treatment, driving the demand for lice treatment products and
services.
Pharmaceutical and healthcare companies are
continuously investing in research and development to create innovative lice
treatment solutions. Traditional chemical-based treatments are facing scrutiny
due to concerns about safety and resistance. Consequently, there is a growing
demand for non-toxic and pesticide-free alternatives. Companies are responding
with the development of natural and herbal remedies, as well as cutting-edge
technologies that target lice effectively while minimizing harm to the user. The
availability of OTC lice treatment products has made it easier for consumers to
access and use these treatments without the need for a prescription. This
accessibility has played a crucial role in the market's growth, providing a
convenient option for individuals and families dealing with lice infestations.
OTC products are not only readily available in pharmacies and retail stores but
are also increasingly accessible through online channels, further expanding
their reach.
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through XX Pages and an in-depth TOC on "Global Lice Treatment Market.”
The adoption of digital healthcare solutions and
telemedicine services has also contributed to the growth of the lice treatment
market. Patients can now seek professional advice and treatment plans for lice
infestations remotely, without the need to visit a physical healthcare
facility. This trend aligns with the broader shift toward telemedicine and
digital health, making lice treatment more accessible and convenient for
consumers.
The Global Lice Treatment Market is segmented into Type,
drugs, Distribution Channel, regional distribution, and company.
Based on the Type, the Pediculosis Capitis segment
emerged as the dominant segment in the global market for Global Lice Treatment
Market in 2022. Pediculosis Capitis are by far the most common and widespread
form of lice infestation worldwide, especially among school-age children.
Resistance to traditional chemical-based treatments has become more prevalent
in head lice populations, leading to treatment failures and a growing need for
alternative and innovative solutions boosts the market demand. Given the high
incidence of head lice infestations, the demand for lice treatment products and
services is consistently driven by concerned parents, teachers, and healthcare
providers seeking effective and safe remedies. As a result, the market for head
lice treatments, including shampoos, lotions, and natural alternatives, is the
most significant and influential segment within the global lice treatment
market.
Based on the Drugs, the OTC Drugs segment emerged as
the dominant player in the global market for Global Lice Treatment Market in
2022 This is primarily because many lice treatment products are available as
OTC options, and they are easily accessible to consumers without the need for a
prescription. OTC lice treatment products cater to a broad consumer base and
are commonly used for the initial management of lice infestations. OTC lice
treatments are designed for ease of use. They often come with user-friendly
instructions, making them suitable for self-administration. This convenience is
particularly important for parents and caregivers who need to treat children
for lice infestations promptly.
Lice infestations require immediate attention to
prevent their spread and minimize discomfort. OTC products enable consumers to
initiate treatment as soon as they suspect an infestation, contributing to
early detection and intervention. OTC lice treatment products are generally
more budget-friendly than prescription options. They offer cost-effective
solutions for individuals and families dealing with lice infestations, making
treatment accessible to a wide range of consumers.
Based on the distribution channel, the Retail
Pharmacies segment emerged as the dominant player in the global market for
Global Lice Treatment Market in 2022 etail pharmacies are highly accessible to consumers,
as they are typically located in urban and suburban areas, often near
residential neighborhoods. This physical presence ensures that individuals and
families can easily visit these pharmacies to purchase lice treatment products
when needed. Retail pharmacies have licensed pharmacists who can offer
professional guidance and recommendations to consumers seeking lice treatment
solutions. Pharmacists can provide valuable advice on product selection, proper
usage, and potential interactions with other medications or health conditions.
North America emerged as the dominant player in the
global Lice Treatment Market in 2022,
holding the largest market share. There is a strong emphasis on health
education and awareness in North America. Parents, teachers, and healthcare
professionals are well-informed about lice infestations, their prevention, and
treatment options. This awareness leads to early detection and timely
treatment, further boosting the demand for lice treatment products. north America, particularly the United
States, has a relatively high prevalence of lice infestations, especially in
school-age children.
Major companies operating in Global Lice
Treatment Market are:
- Alliance Pharmaceuticals
- Omega Pharma
(Perrigo Company)
- Prestige Brands
Holdings Inc.
- Johnson &
Johnson
- Fleming Medical Ltd
- RID Lice(Oystershell
Consumer Health, Inc)
- Nisarg Pharma
- ParaPRO
Pharmaceuticals
- ICB Pharma
- Marico
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“The Global Lice
Treatment Market is poised for substantial growth in the coming years, driven
by several key factors. Firstly, the prevalence of lice infestations, particularly
among school-age children, continues to rise, necessitating a consistent demand
for lice treatment products and services. Secondly, growing awareness and
education about lice infestations, their prevention, and treatment options are
encouraging early detection and prompt intervention, further fueling market
expansion. Additionally, the development of innovative treatment solutions,
including non-toxic and herbal remedies, aligns with consumer preferences for
safer and more effective options. The accessibility of Over the Counter (OTC)
lice treatment products, both in physical retail stores and online platforms,
enhances consumer convenience and drives market accessibility. Lastly, a
heightened focus on eco-friendly and non-toxic products reflects a broader
societal trend, boosting the demand for natural and safe lice treatment
alternatives.” said Mr. Karan Chechi, Research Director with TechSci Research,
a research-based management consulting firm.
“Lice Treatment Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2018-2028 Segmented By Type (Pediculosis Capitis,
Pediculosis Corporis, Pediculosis Pubis), By Drugs (OTC Drugs, Prescription
Drugs), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online
Pharmacies) By Region and Competition”, has evaluated the future growth potential of Global
Lice Treatment Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Lice Treatment Market.
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