Local Anesthesia Drugs Market: Huge Growth Opportunities, Trends And Forecast To 2025

The Global Local Anesthesia Drugs Market is predicted to reach USD 6.45 billion by 2025 owing to the increasing number of surgeries across the world. Anesthesia is a medical procedure that reduces or prevents the pain during surgery or other painful medical processes. It encourages the loss of awareness or sensation to the patient, which in a way help the surgeons to carry the entire surgery. An anesthesia is a drug that prevents pain during a medical operation. The anesthesia type used for any surgery is determined by different factors like length and type of the surgery, patient health and preference of the surgeon doctor and patient. The local anesthesia drugs market is expected to grow at a CAGR of 3.7% in the years to come.

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The three types of anesthesia drugs are local anesthesia, general anesthesia and regional anesthesia. Long anesthesia is injected in the tissue to numb the particular body location for minor operation. In general anesthesia, the patient is completely unconscious and feels no sense in the body and regional anesthesia comprises an injection near the cluster of nerves to make the body part numb, where the patient may or may not be conscious). The popular drugs in local anesthetics is chemically differentiated as Ester linked Local Anesthetics like Procaine, Cocaine, Tetracaine, Chloroprocaine, benzocaine, etc. and Amide linked Local anesthetics such as Bupivacaine, Lidocaine, prilocaine, dibucaine, ropivacaine, etc.

The growing number of surgeries across the world along with cosmetic surgeries, plastic surgeries and dental surgeries are the driving factors for the rise of local anesthetics. A substantial increase is observed in the rising number of surgeries that require post-operative pain relief and is predicted to grow continuously in the forecast period. At present, the growing number of medical surgeries require solution against post-operative pain, which is again expected to boost the Local Anesthesia Drugs Market. The emergence of modern and effective drugs like articaine, levobupivacaine and ropivacaine are also contributing majorly in the market growth in different regions of the world. The increasing healthcare expenditure in the emerging economies like China, India and Brazil is projected to give a rise in the surgeries performed, which stimulates the market growth.

The general anesthetic drugs comes with different side-effects like vomiting, dry mouth, nausea, shivering, aches in muscles, sore throat, itching, mild hoarseness, disorientation and sleepiness. Some severe complications comprise cognitive dysfunction, malignant hyperthermia and delirium. A patient might also experience psychological changes such as blood pressure disparities, which should be seriously to be taken care of by the physician. If such patient’s condition is taken lightly by the anesthesian, he might face potential risks. The regulatory issues that are imposed by the government are also restricting the growth of market.

The Local Anastasia Drug Market is categorized on the basis of product type that include Local Anesthesia, General Anesthesia and Regional Anesthesia. On the basis of drugs type, the market is categorized into General Anesthesia, Local Anesthesia, etc. On the basis of Route of administration, the market is categorized into intravenous, inhalation, etc. Geographically, the Market is largely dominated by North America which is also believed to be the prominent market for the product. Europe stands next to North America with growing market. Conversely, Asia-Pacific market is also said to grow significantly in the coming years while, the rest regions remain to grow steadily.

Some of the finest players in the Local Anastasia Drug Industry can be named as Astrazeneca PLC, Abbott Laboratories, F. Hoffmann-La Roche Ltd., Hikma Pharmaceuticals PLC, Baxter International Inc., Hospira, Inc., AbbVie Inc., Fresenius Se & Co. Kgaa.

Market Segment:

Local Anesthesia Drugs Product Outlook (Revenue, USD Million, 2014 - 2025)
• Bupivacaine
• Ropivacaine
• Lidocaine
• Chloroprocaine
• Prilocaine
• Benzocaine
• Other local anesthetics

Local Anesthesia Drugs Application Outlook (Revenue, USD Million, 2014 - 2025)
• Injectable
• Surface Anesthetic

Local Anesthesia Drugs Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• Mexico
• MEA
• South Africa

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Table of Contents

Chapter 1 Research Methodology & Scope
1.1 Information procurement
1.2 Data Analysis
1.3 Region Wise Market Calculation
1.3.1 Region Wise Market: Base Estimates
1.3.2 Global Market: CAGR Calculation
1.4 List of Secondary Sources

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation
3.2 Market Size and Growth Prospects
3.3 Local anesthesia drugs Market - Key Market Driver Analysis
3.3.2 Growing use of local anesthetic in post-operative pain
3.3.3 Introduction of new drugs and advancement in technologies
3.3.4 Growing geriatric population
3.4 Local anesthesia drugs - Key Market Restraint Analysis
3.4.1 Dose dependent side effects and limited duration of action
3.5 Key Opportunities Prioritized
3.6 Industry Analysis Porter’s
3.7 Local anesthesia drugs PESTEL Analysis

Continued…

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Biocides Market Outlook, Innovation, Size, Share, Industry Technology And Business Growth Till 2022

The global biocides market is expected to witness significant growth over the forecast period owing to rising demand from end-user industries including paint & coatings, personal healthcare, food & beverage and water treatment. Furthermore, growing need for portable water in industrial and domestic application primarily due to rising population is anticipated to drive the market growth over the next eight years. In addition, the growing awareness of biocides in food & beverage application is further projected to propel the sector demand over the forecast period. The market is projected to witness proliferated demand over the next eight years owing to increasing application for water treatment, rising need to control microbial growth in food & beverage and growing utilization of cosmetic products . However, growing stringent regulation imposed on manufacturers due to rising environmental concerns coupled with increasing fluctuation in the raw material prices has enabled the market to witness hindered growth over the next eight years.

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The market is segmented by product into metallic compounds, halogen compounds, organosulfur, phenolic, organic acids, nitrogen, and others. Halogen compound segment was accounted for more than 25% market share in 2015 and expected to witness similar trend over the next eight years owing to its low cost and increasing its raw material availability such as bromine, chlorine, and iodine. The metallic compound segment is anticipated to report the fastest growth over the forecasted period owing to increasing the need for clean water coupled with growing application as disinfectants in water treatment plants and cooling towers. Organosulfurs segment is also expected to witness proliferated growth by 2024 majorly due to rising awareness regarding products that possess antibacterial and antifungal properties to inhibit microorganism growth on metal or plastic surfaces.

The market is segmented by application into water treatment, personal care, paints & coatings, food & beverage, wood preservation, HVAC, boilers, oil & gas, fuels and others. Water treatment segment was accounted for more than 23% market share in 2015 and it is projected to witness similar trend over the forecast period owing to growing corrosion, microbial activity, scaling, and disposal in water treatment. The biocide market is highly competitive primarily to the presence of several domestic and international suppliers. Though, the sector has the presence of various new players, who face difficulty in competing with other major companies in terms of functionalities, features, quality, and services. Over the forecast period, the growing new product development activities coupled with increasing adoption of new technologies for achieving operational efficiency has enabled the competition to become more aggressive. On a contrary, few major players through continuous R&D endeavors coupled with growing expertise knowledge in the industry have enabled them to witness competitive edge, thus propelling the overall growth of the sector over the next eight years.

North America and Europe are anticipated to witness major market share over the forecast period owing to the growing end-user demand from industries including food & beverage, oil & gas, and personal care. Asia Pacific is anticipated to account for fastest growth over the forecast period primarily due to the growing expansion activity by paint & coating industry primarily on account of rapid industrialization coupled with rising infrastructural development activities. India, China, and Japan are anticipated to witness the highest share in the region majorly owing to the rising disposable income coupled with growing foreign investments. The Middle East & Africa is projected to see significant growth by 2020 mainly owing to increasing urbanization, industrialization, and globalization. The sector has huge potential in this region primarily owing to rising per capita income and foreign investments.

Key players in the market include Dow Microbial Control, ISP, Thor Specialties, Lubrizol, Troy Corporation, BASF, Lanxess, and Clariant. The market is highly consolidated having more than 30% market share by major players. The major players generally tend to retain their market share through new product development and through attaining operational efficiency. These players through continuous R&D endeavors focus on building a wide distribution network that supports the overall market to report significant growth over the forecast period. Companies through strategic expansions and mergers & acquisitions have been trying to cater large volume of customers with products that are cost-effective and high quality.

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Market Segment:

Biocides Product Outlook (Revenue, USD Million, 2012 - 2022)
• Halogen Compound
• Metallic Compounds
• Organosulfurs
• Organic acids
• Phenolic
• Nitrogen
• Others

Biocides Application Outlook (Revenue, USD Million, 2012 - 2022)
• Water Treatment
• Food and Beverage
• Personal Care
• Wood Preservation
• Paints and Coatings
• Others

Biocides Regional Outlook (Revenue, USD Million, 2012 - 2022)
• North America
• Europe
• Asia Pacific
• RoW

Continued…

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Temperature Sensors Market Research Report, Popular Trends & Technological Advancements & Forecast To 2020

The global Temperature Sensors Market is anticipated to reach USD 6.13 billion by 2020. Rising demand for temperature sensors in semiconductors, automotive segment, and in other process industries including F&B, plastics and metal is expected to drive the market growth over the forecast period. Increasing need for advanced sensing technologies including image, pressure, proximity, heat and acceleration sensors among various industry players, coupled with rising number of automotive manufacturing facilities particularly in emerging economies including India, and China can be attributed as the major factor propelling the market growth.

Demand for highly advanced innovative consumer electronics is expected to increase owing to changing consumer preferences for high performance and efficient products. These trends are anticipated to positively affect the temperature sensors product since sensors are considered to be the major part of electronic devices. Use of nanotechnology and micro technology enables contactless and accurate measurements are anticipated to offer future opportunities to the sensors market. Temperature controls are vital for manufacturing, storing and handling of medical drugs and devices. The sensors are widely used in communication sector including mobile phones and other handheld devices. They maintain and provide efficient performance coupled with reduction in power consumed by monitoring and controlling heat. Increasing demand for tech savvy products is expected to steer the overall market.

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These sensors are also used in switches, wireless routers, VoIP equipment Bluetooth devices, modems. Growing demand for these products and devices would positively impact the sensors market growth over the forecast period. Personal computers, scanners, copiers, POS terminals and printers constitute sensors for temperature control and to avoid and accessories such as scanners, printers, copiers and POS terminals. Entertainment systems such as gaming consoles Blu-Ray/DVD players, and flat panel TVs, also use these devices to enhance performance and provide better reliability. Increasing awareness and adoption of HVAC modules is anticipated to favorably influence the global industry. Technological advancements coupled with reduction in prices is expected to result in launch of new product applications in HVAC sector.

Lithium neonate and Lanthanum gallium silicate also known as langasite form the key raw materials of temperature sensors that improve measurement ranges of these sensors. Silicon sensors are widely used materials since they are easily available, cost efficient and are used to measure physical parameters including pressure. Multi sensors are extensively used in mass applications due to their stability and thereby driving the global temperature sensors growth rate. Rising concern towards surveillance and security is expected to propel the demand for sensors over the next seven years. Government initiatives for safety and environmental norms are anticipated to steer the market growth. The launch of MEMS technology in the market can be attributed as the major opportunities for market in the future.

On the basis of product type, the global market has been segmented into Bimetallic Sensor, Sensor IC, Thermistor (Negative and Positive Temperature Coefficient), Resistive Detector (RTD), Thermocouple, Infrared and Fiber Optic temperature sensors. Thermocouples are expected to have the largest market share in terms of revenue owing to its wide applications in several industries including process, metal and petrochemicals industries, owing to quick response to temperature fluctuations, user friendliness, and simplicity. They are also extensively used in mechanical and electrical apparatus for testing prototypes that are produced for manufacturing.

Thermistors are expected to witness significant growth rate over the forecast period. A thermistor is a superior type of resistor that tends to change its physical resistance value when exposed to temperature changes. These sensors usually constitute and made of ceramic materials including oxides of manganese, nickel, cobalt coated in glass which makes them easily damaged. High speed of response time to minor changes in accuracy repeatability and temperature is expected to propel the market growth of this segment.

Bimetallic temperature sensors are expected to grow at a moderate rate. These sensors are widely used to reduce electrical power in household and offices by operating on a relay, controlling an electronic ignitor, either a resistance heater or electrically power-driven spark producing device. North America holds the major share in the global market owing to increasing in demand and need for temperature sensors in home weather stations, smart homes particularly in regions such as U.S. and Canada. Increasing investment in R&D and technological advancements can be attributed as the key factor for the market dominance in this region. Asia Pacific is expected to witness significant growth rate owing to increasing healthcare, oil & gas and automobile sectors in the region

Key market players are ABB Ltd., Texas Instruments Incorporated, Honeywell International, Inc. Analog Devices, Siemens AG, Maxim Integrated Products, Inc., Other industry participants include Kongsberg Gruppen, Danaher Corporation, Emerson Electric Company, TE Connectivity Ltd., General Electric, Panasonic Corporation, Microchip Technology Incorporated, NXP Semiconductors, and STMicroelectronics. Major players in the industry invest more in partnerships, research &development and collaborations with local players to develop high performance and enhanced temperature sensors. Many companies manufacture products and also provide services and system integrators to the clients forming an important role in the market.

Market Segment:

Temperature Sensors Application Outlook (Revenue, USD Million, 2012 - 2020)
• Automotive
• Consumer Electronics
• Environmental
• Healthcare & Medical
• Process Industries
• Others

Temperature Sensors Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• India
• RoW
• Brazil

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Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources

Chapter 2. Executive Summary
2.1. Temperature Sensors - Industry Summary and Critical Success Factors (CSFs)

Chapter 3. Temperature Sensors Industry Outlook
3.1. Market Segmentation
3.2. Market Size and Growth Prospects
3.3. Temperature Sensors Value Chain Analysis
3.4. Temperature Sensors Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.5. Key Opportunities Prioritized
3.6. Industry Analysis - Porter's
3.7. Temperature Sensors Market PESTEL Analysis

Continued…

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