The Articaine Hydrochloride Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Articaine Hydrochloride Market is estimated to be USD 1.1 million in 2018 and predicted to rise to USD 1.54 billion by 2023 with a CAGR of 7%. The market is segmented by Application (Infiltration, Nerve Block and Others), and End User (Dental Clinics, Hospitals and Academic and Research Institutes). Further the market is also geographically segmented into North America, Eur Middle East and Africa Articaine Hydrochloride Marketope, Asia-Pacific, Latin America and Middle-East & Africa.
Articaine hydrochloride is an amide local anesthetic which has its major applications in dentistry. Increasing incidence of dental disorders is creating huge scope for the dentists resulting high revenue. The number of patients approaching the dentists is soaring as a result the pressure on the articaine hydrochloride market is rising rapidly resulting in the improvement in the effectiveness of the articaine. In oral surgeries, the use of articaine hydrochloride is the first preference for professionals due to its quicker effect. It is associated with less number of failures and also provides anesthesia in cases where other anesthetics fail.
The global Articaine Hydrochloride market is segmented on the basis of Application and End User. On the basis of Application, the market is segmented into Infiltration, Nerve Block, and Others. In 2017, the nerve block sub segment was the market leader. On the basis of End User, the market is segmented into Dental Clinics, Hospitals and Academic and Research Institutes. Dental Clinic held the largest share of the end user segment.
On the basis of geography, the Articaine Hydrochloride market can be segmented into various regions namely North America, Europe, Asia Pacific, Latin America and Middle East and Africa. As of 2017, Europe accounted for the largest share of the Articaine Hydrochloride market followed by North America and Asia Pacific. Asia Pacific is expected to witness the highest CAGR in the coming years.
The market is dominated by companies like 3M, Anhui BBCA Pharmaceutical Co., Ltd., Dentsply Sirona, Inibsa Dental S.L.U, Jinan Chenghui Shuangda Chemical Co., Ltd, Jinan Ruixing Pharmaceutical Technology Co., Ltd, Manus Aktteva Biopharma LLP, Pfizer Inc, Pierrel S.p.A, Sanofi, Septodont, Siegfried AG, and Sigma Aldrich.
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