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Last Updated: December 22, 2024

LIDOCAINE HYDROCHLORIDE Drug Patent Profile


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Which patents cover Lidocaine Hydrochloride, and what generic alternatives are available?

Lidocaine Hydrochloride is a drug marketed by Abbott, Abraxis Pharm, Afaxys, Am Regent, Aspiro, B Braun Medical Inc, Bel Mar, Belmora Llc, Dell Labs, Elkins Sinn, Epic Pharma Llc, Eugia Pharma, Fresenius Kabi Usa, Gd Searle Llc, Hospira, Huons, Intl Medication, Luitpold, Lyphomed, Mankind Pharma, Miles, Rising, Sintetica Us, Spectra Mdcl Devices, Watson Labs, West-ward Pharms Int, Wyeth Ayerst, Cosette, Sentiss, Watson Labs Inc, Hikma, Rubicon, Wockhardt Bio Ag, Lannett Co Inc, Novitium Pharma, Paco, Pai Holdings Pharm, Taro, The J Molner, Baxter Hlthcare, B Braun, Eastman Kodak, Empi, Actavis Mid Atlantic, and Chartwell Molecular. and is included in one hundred and nine NDAs.

The generic ingredient in LIDOCAINE HYDROCHLORIDE is epinephrine; lidocaine hydrochloride. There are twenty-one drug master file entries for this compound. Eleven suppliers are listed for this compound. Additional details are available on the epinephrine; lidocaine hydrochloride profile page.

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Drug patent expirations by year for LIDOCAINE HYDROCHLORIDE

US Patents and Regulatory Information for LIDOCAINE HYDROCHLORIDE

Applicant Tradename Generic Name Dosage NDA Approval Date TE Type RLD RS Patent No. Patent Expiration Product Substance Delist Req. Exclusivity Expiration
Watson Labs LIDOCAINE HYDROCHLORIDE lidocaine hydrochloride INJECTABLE;INJECTION 080377-001 Approved Prior to Jan 1, 1982 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Hospira LIDOCAINE HYDROCHLORIDE 0.2% IN DEXTROSE 5% IN PLASTIC CONTAINER lidocaine hydrochloride INJECTABLE;INJECTION 018388-001 Approved Prior to Jan 1, 1982 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Hospira LIDOCAINE HYDROCHLORIDE lidocaine hydrochloride INJECTABLE;INJECTION 083158-002 Approved Prior to Jan 1, 1982 AP RX Yes Yes ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Fresenius Kabi Usa LIDOCAINE HYDROCHLORIDE lidocaine hydrochloride INJECTABLE;INJECTION 088586-003 Approved Prior to Jan 1, 1982 AP RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Bel Mar LIDOCAINE HYDROCHLORIDE W/ EPINEPHRINE epinephrine; lidocaine hydrochloride INJECTABLE;INJECTION 080820-001 Approved Prior to Jan 1, 1982 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Wockhardt Bio Ag LIDOCAINE HYDROCHLORIDE lidocaine hydrochloride SOLUTION;ORAL 087872-001 Nov 18, 1982 AT RX No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
Belmora Llc LIDOCAINE HYDROCHLORIDE AND EPINEPHRINE epinephrine; lidocaine hydrochloride INJECTABLE;INJECTION 080504-005 Oct 19, 1983 DISCN No No ⤷  Subscribe ⤷  Subscribe ⤷  Subscribe
>Applicant >Tradename >Generic Name >Dosage >NDA >Approval Date >TE >Type >RLD >RS >Patent No. >Patent Expiration >Product >Substance >Delist Req. >Exclusivity Expiration

LIDOCAINE HYDROCHLORIDE Market Analysis and Financial Projection Experimental

Lidocaine Hydrochloride Market Dynamics and Financial Trajectory

Market Overview

The lidocaine hydrochloride market is poised for significant growth, driven by its versatile applications in medical and surgical procedures, as well as its therapeutic benefits in pain management. Here’s a detailed look at the market dynamics and financial trajectory of lidocaine hydrochloride.

Market Size and Growth Projections

  • The global lidocaine hydrochloride market is expected to reach USD 838.60 million by 2032, growing at a CAGR of 5.7% from 2024 to 2032[4][5].
  • In the shorter term, the market is projected to grow at a CAGR of 10.2% from 2022 to 2027, with an estimated market size of $680 million by 2027[2].

Geographical Segmentation

  • North America: Currently holds the largest revenue share, driven by advancements in surgical procedures, a surge in cosmetic treatments, and the widespread use of lidocaine for postoperative pain management. The region is characterized by continuous growth, technological advancements, and a strong emphasis on preventive healthcare practices[3][5].
  • Asia-Pacific: Expected to dominate the market over the forecast period due to the rising prevalence of acute and chronic illnesses, particularly among the aging population. The region's growing GDP and increased government financing for research and development also contribute to its rapid growth[2][3].

Distribution Channel Analysis

  • Hospital Pharmacies: Currently hold the largest share due to the widespread use of lidocaine in various surgical and medical procedures. However, retail pharmacies are expected to be the fastest-growing segment, with a CAGR of 10.9% from 2022 to 2027, driven by government and private sector support and the increasing number of independent pharmacies[2][3].

Dosage and Application Segmentation

  • Dosage Forms: The market is segmented into injections, creams, patches, and others. Creams are expected to witness the highest growth during the forecast period due to their anti-itching and pain relief properties[3][5].
  • Applications: Dental procedures are expected to dominate the market, driven by the increasing aging population and the rising need for effective pain management solutions. Other significant applications include surgical procedures, cosmetic treatments, and the treatment of pain-related disorders such as epilepsy and heart arrhythmia[1][3].

Drivers of Market Growth

  • Increasing Aging Population: The global aging population presents a significant opportunity for the lidocaine hydrochloride market, as it addresses the escalating demand for effective pain management solutions[3][5].
  • Advancements in Drug Delivery Technologies: The market observes a trend towards innovative formulations like patches and gels, which leverage advancements in drug delivery technologies for enhanced efficacy[3][5].
  • Resumption of Surgical Procedures: The relaxation of strict regulations on surgical procedures post-pandemic and the resumption of services are expected to drive the demand for lidocaine hydrochloride[1].

Challenges and Limitations

  • Regulatory Approval Processes: Rigorous regulatory approval processes pose a challenge to market growth. Ensuring safety amid potential side effects and allergies is also a persistent issue[3][5].
  • Pricing Pressures: Intense competition in the market leads to pricing pressures, which can affect the profitability of market players[3].

Impact of COVID-19

  • The COVID-19 pandemic had a significant impact on the lidocaine hydrochloride market. The potential anesthetic and anti-inflammatory properties of lidocaine made it a candidate for adjunctive treatment in COVID-19 patients, particularly for severe respiratory symptoms. This temporary boost in demand contributed to the market's growth during the pandemic period[1].

Key Players

  • The market is highly competitive, with major players including Pfizer Inc., Merck KGaA, Lupin Limited, Mylan N.V., Qilu Pharmaceutical Co., Ltd., and Sintetica S.A. among others. These companies are driving innovation and market expansion through strategic collaborations and the introduction of new products[1][3][4].

Financial Trajectory

  • The market is expected to grow steadily, with a projected CAGR ranging from 4.1% to 10.2% over different forecast periods. The revenue is anticipated to increase from USD 538.44 million in 2024 to USD 838.60 million by 2032[2][4][5].

Key Takeaways

  • The lidocaine hydrochloride market is driven by its extensive applications in surgical and dental procedures, as well as its therapeutic benefits in pain management.
  • The market is expected to grow significantly, driven by the increasing aging population and advancements in drug delivery technologies.
  • North America currently dominates the market, but Asia-Pacific is expected to be the fastest-growing region.
  • Retail pharmacies are anticipated to be the fastest-growing distribution channel.
  • Despite challenges such as regulatory approvals and pricing pressures, the market is poised for steady growth.

Frequently Asked Questions (FAQs)

1. What is the current market size of the lidocaine hydrochloride market?

  • The global lidocaine hydrochloride market size is currently valued at USD 512.70 million in 2023[4].

2. What is the expected CAGR of the lidocaine hydrochloride market from 2024 to 2032?

  • The market is expected to grow at a CAGR of 5.7% from 2024 to 2032[4].

3. Which region is expected to dominate the lidocaine hydrochloride market in the future?

  • Asia-Pacific is expected to dominate the market over the forecast period due to the rising prevalence of acute and chronic illnesses among the aging population[2][3].

4. What are the primary drivers of the lidocaine hydrochloride market?

  • The primary drivers include the increasing aging population, advancements in drug delivery technologies, and the resumption of surgical procedures post-pandemic[1][3].

5. Who are the key players in the lidocaine hydrochloride market?

  • Key players include Pfizer Inc., Merck KGaA, Lupin Limited, Mylan N.V., Qilu Pharmaceutical Co., Ltd., and Sintetica S.A. among others[1][3][4].

Sources:

  1. Mordor Intelligence - Lidocaine Hydrochloride Market Size - Mordor Intelligence
  2. IndustryArc - Lidocaine Hydrochloride Market - Forecast(2024 - 2030)
  3. Polaris Market Research - Lidocaine Hydrochloride Market Share, Size, Trends, Industry ...
  4. GlobeNewswire - Global Lidocaine Hydrochloride Market Size/Share Value
  5. Polaris Market Research - Lidocaine Hydrochloride Market Expect $838.6 Mn By 2032,CAGR ...

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