Home > Healthcare > Pharmaceuticals > Finished Drug Form > Local Anesthesia Market
Local Anesthesia Market was valued USD 4.2 billion in 2023 and is set to grow at a CAGR of 4.2% during 2024 to 2032. Growing demand for local anesthesia is fuelled by rising outpatient and minimally invasive surgeries, eliminating the need for general anesthesia, and providing precise pain relief in surgical procedures especially in cosmetic surgery. For instance, according to the American Society of Plastic Surgeons report, a surge of 18%, totalling 1.4 million cosmetic procedures in 2022 were performed, as compared to pre-pandemic. This upward trend shows up a growing demand for local anesthesia drugs, thereby fostering the market growth
Local anesthesia refers to the temporary loss of sensation in a specific area of the body, typically induced by the administration of anesthetic drugs to the targeted region. It is commonly employed to block pain during surgical or medical procedures, rendering a specific body part or region numb while allowing the patient to remain conscious.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Local Anesthesia Market Size in 2023: | USD 4.2 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 4.2% |
2032 Value Projection: | USD 6.1 Billion |
Historical Data for: | 2018 to 2023 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 268 |
Segments covered: | Drug Type, Route of Administration, Application End-use, & Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|