Increasing Prevalence of Oral Diseases Worldwide to Augment the Benzocaine Market Growth

Benzocaine (also known as anaesthesin or americaine) is an active pharmaceutical ingredient that belongs to the class of organic compounds known as benzoic acid esters. It has various medicinal properties. Benzocaine is used as a pain relief drug in dental diseases such as dental caries and tooth decay, topical anesthetic in various diseases such as esophageal and mouth ulcers, for sexual disorders such as premature ejaculation, and to get rid of skin irritation such as vaginal irritation. Benzocaine is slightly soluble in water, manufactured in solid physical form, and its chemical name is Ethyl 4-aminobenzoate.

Worldwide, the increasing prevalence of oral/dental diseases (such as dental trauma, dental caries, and periodontitis) is driving the growth of the market. Oral diseases pose a major health burden for many countries and affect people throughout their lives, which may lead to heartburn, discomfort, pain, and even death. According to the World Health Organization (WHO), in 2017, oral diseases affect around 3.5 billion people and around 530 million children suffer from dental caries worldwide. Moreover, the increase in the prevalence of oral ulcers worldwide is also expected to propel the benzocaine market growth. In the U.K., 20% of the population are believed to be affected by recurrent aphthous ulceration.

The outbreak of COVID-19 (coronavirus) has affected almost every market and has also impacted the benzocaine market. The outbreak has affected the production and demand, as well as created disruptions in distribution channels. Manufacturing and supply chain activities in the U.S., China, and India have been disrupted due to nationwide lockdowns. However, in terms of geography, the benzocaine market is divided into six regions, such as North America, Europe, Asia Pacific, South America, the Middle East, and Africa.

North America is expected to witness substantial growth in the market due to the increasing product approvals and the presence of major key players in the region. Moreover, Key players active in the market are adopting various growth strategies (such as product launches, mergers and acquisitions, collaboration, etc.) to strengthen their market presence or to strengthen their product portfolio. For instance, in March 2019, Church and Dwight launched a new RepHresh Cooling Relief Vaginal Anti-Itch Spray to expand its product offerings. The new spray is meant to relieve feminine itch and neutralize odor, providing relief on contact, the company said.

Location: India

Comments

Post a Comment

Popular posts from this blog

The Emergence of COVID-19 to Augment Growth of the Outsourced Drug Discovery Market

Image
  With billions of dollars in research and development costs, pharmaceutical companies around the world are always looking for new ways to address their production processes in a cost-effective manner. One way to achieve this is through outsourcing drug discovery and development services. This type of service refers to the collaboration between small and large biotech and biotechnology companies to conduct research and development activities aimed at finding better solutions to the company's core chemical concerns. Outsourcing of these drug discovery services has enabled established pharmaceutical and biotechnology companies to focus on the development of new products that can bring about significant therapeutic change and provide tangible advantages to the company's shareholders. Contract research organizations manage almost all aspects of drug discovery. Market Dynamics I ncreasing demand for outsourcing analytical testing and clinical trial services, growing R&D ex...
Read more

Otoscope Market Is Gaining Major Traction with Industry Leader Otonexus Medical Technologies Introducing Ultrasound Sensor, Which Aids Middle-Ear Infection Diagnosis

Image
  An otoscope or auricular ear picker is a simple health care tool that is used to inspect the outer ear. Many health care professionals utilize otoscopes to examine ear infections during routine check-ups and to also screen for serious ear disorders. An otoscope possibly provides a more detailed view of the external ear canal and/or ear drum or eardrum. Otoscope or also referred to as auriscope is mainly used to look into eyes. The demand for these medical devices has been on a rise in the recent past. This is typically due to the fact that there is a high burden of ENT-related diseases across the globe. As per the World Health Organization (WHO), by 2050, around 2.5 billion people are estimated to have some degree of hearing loss worldwide. Similarly, there is a heavy burden of sinusitis cases. As per the Sinusitis & Allergy Wellness Center, around 30 million adults in the U.S. are impacted with sinusitis annually. Such a high prevalence of ENT disorders has accelerated the d...
Read more

The Number of Cancer Survivors Is Projected To Increase to 22.2 Million By 2030 Fostering Oncology Drug Pipeline Analysis Market

Image
  North America is estimated to dominate the global oncology drug pipeline analysis market in the near future and this is attributed to the high prevalence of cancer and increasing launch of various novel drugs with improved efficacy. According to the National Cancer Institute, as of January 2019, there were an estimated 16.9 million cancer survivors in the United States. The number of cancer survivors is projected to increase to 22.2 million by 2030. The oncology field is experiencing significant growth and this is attributed to the increasing development of various novel therapies for the treatment of cancer. For instance, in February 2021, Rhizen Pharmaceuticals AG, a clinical-stage, oncology-focused biopharma company, with a 50% stake owned by Alembic Pharmaceuticals and the rest by its Indian CEO Swaroop Vakkalanka, has announced that its the novel, next-generation PI3K-delta inhibitor Umbralisib (Ukoniq) has secured U.S. FDA accelerated approval for the treatment of blood c...
Read more