Authored By: Sarah
20 Nov 2024

increasing prevalence of lice infestation is driving the Lice Treatment Market

Latest News:- Lice Treatment Market: Hospitals and clinics is expected to lead the Distribution Channel segment during 2024-2028

Technavio analyzes that the Lice Treatment Market is expected to grow at a CAGR of 5.8% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 117.3 million.There are various factors that contribute to the growth of the market. The prevalence of lice infestations continues to rise, posing a significant health concern for individuals, particularly children. Lice are highly contagious parasites that spread through close contact with infected individuals. This increasing trend has fueled the demand for effective lice treatment solutions. The market for lice treatment products is witnessing robust growth, with a focus on developing innovative and safe treatments to address this public health issue.

The global lice treatment market is experiencing significant growth due to the increasing prevalence of head lice infestations among individuals, particularly in healthcare settings such as hospitals and clinics. Factors driving market expansion include the development of eco-friendly, topical lice treatment products for both adults and children in schools and childcare facilities, as well as mammals. Investment in enhancing the efficacy of medical formulas to eliminate lice effectively is also expected to boost market growth. However, market penetration in underdeveloped and developing countries remains limited due to lower healthcare expenditures and the perception that lice infestations are not serious medical concerns. Over-the-counter (OTC) lice treatment products offer a convenient solution for consumers, but proper application and adherence to instructions are crucial for effective treatment. Additionally, the use of hats and other personal items as potential transmission vectors highlights the importance of regular checks and prompt treatment to prevent the spread of lice infestations. 

Know which region is leading the market growth by requesting a sample report

Lice Treatment Market Segmentation

  • Distribution Channel
    • Hospitals and clinics
    • Online
    • Retail pharmacies
  • Geography
    • North America
    • Europe
    • Asia
    • Rest of World (ROW)

Top Performing Companies

As per our research findings, here are some of the key competitors that are leading the industry

  • Alliance Pharma PLC
  • American Vanguard Corp.
  • Arbor Pharmaceuticals LLC
  • Bayer AG
  • Elanco Animal Health Inc.
  • Fleming Medical Ltd.
  • Johnson and Johnson Inc.
  • Logic Product Group LLC
  • Marico Ltd.
  • Merck and Co. Inc.
  • Nix Pharma Pvt. Ltd.
  • ParaPRO LLC
  • Perrigo Co. Plc
  • Prestige Consumer Healthcare Inc.
  • SHIONOGI Co. Ltd.
  • TecLabs Inc.
  • Teva Pharmaceutical Industries Ltd.
  • Thornton and Ross

Find out what is trending in the market by accessing the free PDF report

Research Analysis Overview

The Lice Treatment Market encompasses various solutions for preventing and treating lice infestations, including over-the-counter topical treatments, oral medications, prescription options, and natural remedies. Effective lice control is prioritized, with a focus on convenience, non-toxic products, and chemical-free alternatives. Lice prevention tips, such as regular checks and avoidance of head-to-head contact, are essential. OTC drugs and lice shampoos are popular choices, while innovation in the form of enzyme-based and silicone-based treatments is driving market trends. Daycare settings and schools are common sites for lice outbreaks, necessitating effective lice management strategies. Online treatment options and awareness campaigns are also contributing to the growth of the Lice Treatment Market. Lice removal remains a priority, with a range of cost-effective solutions available for consumers.

Market Research Overview

The Lice Treatment Market segment within the global pharmaceuticals industry encompasses manufacturers and providers of eco-friendly and effective solutions, including malathion and ivermectin in various forms such as orally administered medications and creams. This market is driven by the increasing demand for healthcare products in close contact settings, such as schools and sports activities, where lice infestations are common. Technavio projects the global pharmaceuticals market's growth, which includes the revenue generated by suppliers of equipment, pharmaceuticals, and other healthcare solutions, to be fueled by demographic trends, specifically the aging population. By 2030, Europe and the US are expected to have a quarter of their populations aged 60 and above, necessitating a greater need for healthcare products and treatments, including those for lice infestations.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Reasons to Consider Purchasing Technavio Market Research Report

  • Current Market Insights: Our reports offer valuable information on the latest market intelligence, competitor strategies, trends, industry changes, customer preferences, and forecasted market opportunities to aid in informed business decisions.

  • Extensive Experience: With over 20 years in market research, Technavio is a trusted name, having published more than 21,000 reports across various industries and regions.

  • High ROI Through In-Depth Research: Technavio specializes in tailored market research reports to meet specific business needs, exploring particular markets, product segments, and demographics. We are also recognized for delivering significant returns on investment through our comprehensive data collection at affordable prices.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!

Safe and Secure SSL Encrypted

Technavio

  • 2500 USD

[5 reports/month/user]

  • 5000 USD

close
  • Basic Plan [5000 USD/Year]:

    Single User
    Download 5 Reports/Month
    View 100 Reports/Month
    Add upto 3 Users at 625 USD/user

  • Teams Plan [7500 USD/Year]:

    5 User
    Download 5 Reports/Month/User
    View 100 Reports/Month/User
    Add upto 30 Users at 500 USD/user

*You can upgrade to Teams plan at Subscription page

close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization).
    Complimentary Customization Included

*For Enterprise license, go to checkout page

Technavio Get the report (PDF) sent to your email within minutes.