The Lice Treatment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Lice Treatment Global Market Report 2024, The lice treatment market size has grown strongly in recent years. It will grow from $0.98 billion in 2023 to $1.05 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to high incidence in school-aged children, consumer awareness and education, over-the-counter (otc) treatment availability, social stigma and public health concerns, resistance to traditional treatments..
The lice treatment market size is expected to see strongly grown in the next few years. It will grow to $1.37 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to school and community health programs, global travel and migration trends, natural and non-chemical treatment preferences, telemedicine consultations for lice treatment, research and development in lice treatments.. Major trends in the forecast period include rise of prescription-based treatments, combination treatments for eggs and nits, telehealth integration for consultations, development of pediatric-friendly formulations, expansion of over-the-counter (otc) product offerings..
The increasing prevalence of lice infestations is expected to propel the growth of the lice treatment market going forward. Lice infestation refers to the presence of lice and parasitic insects that infest the hair or skin of humans or animals, leading to various health and hygiene concerns. Lice infestation necessitates a growing need for effective and accessible treatments such as medications and professional lice removal services to eliminate the infestation and alleviate associated discomfort and health risks. For instance, in January 2022, according to the Tennessee Department of Health, a US-based state agency responsible for overseeing and promoting public health initiatives, an estimated 6–12 million head lice cases occurred annually in the United States among children aged 3–11 years. Therefore, the increasing prevalence of lice infestations will drive the growth of the lice treatment market.
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The lice treatment market covered in this report is segmented –
1) By Type: Pediculosis Capitis, Pediculosis Corporis, Pediculosis Pubis
2) By Treatment: Over The Counter (OTC) Medication, Prescription Medication
3) By Distribution Channel: Hospitals And Clinics, Retail Pharmacies, Other Distribution Channels
Major companies operating in the lice treatment market are increasing their focus on developing innovative products such as the Fast ‘n Clean Lice Comb to revolutionize lice removal and gain a competitive edge in the market. The Fast ‘n Clean Lice Comb is an advanced and innovative lice comb with interlocked teeth that can be easily opened by pressing the handle, allowing the captured lice matter to be effortlessly released into a bowl of water. For instance, in November 2022, JG&JG, a US-based grooming product manufacturer, introduced the Fast’n Clean Lice Comb, an advanced and innovative lice comb that offers a quicker and more thorough solution for eliminating head lice. The comb features a patented Press n Release system, which allows parents, guardians, school nurses, and caregivers to substantially reduce the time needed to remove both lice and their eggs (nits). Additionally, these offer a faster and more meticulous solution by allowing its interlocked teeth to be conveniently opened with a handle press, releasing captured lice matter into a water bowl, and eliminating the need for time-consuming cleaning between uses to prevent potential recontamination during lice removal.
The lice treatment market report table of contents includes:
1. Executive Summary
2.Lice Treatment Market Characteristics
3.Lice Treatment Market Trends And Strategies
4.Lice Treatment Market analysis
5.Lice Treatment Market Size And Growth
6.Lice Treatment Segmentation
7.Lice Treatment Regional And Country Analysis
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27.Lice Treatment Competitive Landscape And Company Profiles
28.Lice Treatment Key Mergers And Acquisitions
29.Lice Treatment Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Pfizer Inc.
- Johnson & Johnson
- Merck & Co. Inc.
- Bayer AG
- GSK PLC,
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