According to the latest report by IMARC Group, titled "Mouth Ulcer Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on mouth ulcer treatment market trends. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global mouth ulcer treatment market size reached US$ 1.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.2 Billion by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2023-2028.
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Market Trends:
The global market is primarily driven by the rise in stress and lifestyle-related factors that contribute to oral issues. In line with this, an aging global population with oral health needs is also providing an impetus to the market. Moreover, the growing demand for over-the-counter remedies offers a convenient and accessible solution, acting as a significant growth-inducing factor. In addition to this, advancements in medication formulation are resulting in faster and more effective treatments, thus positively impacting the market.
Also, the increase in healthcare spending encourages consumers to invest in specialized treatment options. The market is further driven by growing awareness campaigns around oral hygiene. Apart from this, easy product availability across pharmacies and e-commerce platforms is accelerating market growth. Some of the other factors contributing to the market include an uptick in research and development activities for more potent formulations, increasing incidence of digestive conditions that exacerbate mouth ulcers, and enhanced focus on preventive healthcare.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• Blistex Inc
• Church & Dwight Co. Inc.
• 3M
• Colgate-Palmolive Company
• GlaxoSmithKline, Plc
• Bristol Myers Squibb Company
• Pfizer Inc
Mouth Ulcer Treatment Market Segmentation:
Our report has categorized the market based on region, formulation, drug class and indication.
Breakup by Formulation:
• Gel
• Spray
• Mouthwash
• Lozenges
Breakup by Drug Class:
• Corticosteroids
• Anesthetics
• Analgesics
• Antimicrobials
• Antihistamines
Breakup by Indication:
• Aphthous Stomatitis
• Oral Lichen Planus
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape