Articaine hydrochloride is an anesthetic that blocks the nerve impulses sends pain signals to the brain. It is the most popular anesthetic used in the field of dentistry. The global articaine hydrochloride market is growing steadily, over the past few years. The market is predominantly driven by the increasing use of articaine in dental surgery and innovative nature of the dental anesthetics industry led by the vigorous research and development efforts.
According to Market Research Future (MRFR), the global articaine hydrochloride market is poised to reach an approximate valuation of USD 1,889 MN by 2025. Also, in its recently published research report, MRFR asserts that the market would register 8.5% CAGR throughout the estimated period (2019 – 2025). Increasing prevalence of periodontal diseases and advancement in dental anesthesia delivery system device are the key driving forces behind the development of the market.
Also, risk factors leading to various dental disorders, such as the lack of the basic oral health education and limited availability of simple interventions like pain relief and emergency care for acute infection and trauma in the rural areas are major factors creating huge market demand.
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Additional factors significantly contributing to the growth of the articaine hydrochloride market include rising numbers of incidents of oral diseases, such as mouth cancer and the current trend of cosmetic dentistry. Ongoing technological developments, continual research centering towards improving the product, and the increasing emphasis on minimizing invasive methods for dental treatment are defining the market landscape.
Major Players
Players leading the global articaine hydrochloride market include Anhui BBCA Pharmaceutical Co., Ltd. (China), 3M (US), Dentsply Sirona (US), Jinan Chenghui Shuangda Chemical Co., Ltd. (China), Inibsa Dental SLU (Spain), Jinan Ruixing Pharmaceutical Technology Co., Ltd (China), Pfizer Inc. (US), Manus Aktteva Biopharma LLP (India), Pierrel S.p.A (Italy), Septodont (France), Sanofi (France), Sigma Aldrich (US), and Siegfried AG (Switzerland), among others.
Segmentation Analysis
The global articaine hydrochloride market has been segmented on the basis of application and end-users.
- By mode of Application, the global articaine hydrochloride market has been segmented into nerve block, infiltration, and others. Among these, the nerve block segment is considered to be the fastest growing segment and is estimated to maintain its dominance in the coming years.
- By mode of End-users, the global articaine hydrochloride market has been segmented into hospitals, dental clinics, academic & research institutes. Among these, the dental clinics segment is presumed to command the largest market share and is considered to maintain its dominance during the appraisal period.
Regional Analysis
Geographically, the global articaine hydrochloride market has been studied under regions namely, Europe, Asia Pacific, North America, and the Middle East & Africa.
The European region dominates the global articaine hydrochloride market. This market is expected to develop continuously due to the increasing demand and focus on dental treatments. Additional factors substantiating the regional market growth include the rising awareness towards the preventative and corrective treatment in most European countries and the increasing focus on new management system that encourages dental specialists to run more effective practices, allowing them to concentrate on better clinical care.
The articaine hydrochloride market in the North American region accounts for the second-largest market, globally. The increasing acceptance of articaine in dental practices is one of the key growth drivers for the regional market. Besides, the high consumption potential, increasing production capacities, and well-developed economy in the region foster the growth of the articaine hydrochloride market in North America. The US, backed by the high consumption of articaine hydrochloride, leads the regional market.
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The articaine hydrochloride market in the Asia Pacific region is emerging as a profitable market, globally. Dominant factors, such as the growing usages of articaine hydrochloride in the burgeoning healthcare sector in the region drive the market growth, creating significant demand. Asian countries Australia, China, Japan, and India backed by the growing per capita healthcare expenses and increasing investments in innovation are expected to witness a vast consumption of the product. Furthermore, the increasing involvement of new technologies and its usage in dental applications would provide a massive impetus to the growth of the market.
