Lidocaine Market Is Expected To Reach USD 1,137.31 Million By 2030.
Market Overview: The lidocaine market achieved a valuation of USD 682.22 Million in 2021 and is poised to reach USD 1,137.31 Million by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 5.8%. The upswing is primarily attributed to the surge in minimally invasive surgical procedures, occurrences of periodontal diseases, a shift towards preventive healthcare, prevalence of cosmetic procedures, instances of painful disorders, and expanding applications in anti-itching and pain relief drugs for minor cuts, insect bites, skin abrasions, burns, and eczema.