Drug Price Trends for LICE TREATMENT

Average Pharmacy Cost for LICE TREATMENT

These are average pharmacy acquisition costs (net of discounts) from a US national survey

Drug Name	NDC	Price/Unit ($)	Unit	Date
LICE TREATMENT SHAMPOO	24385-0116-03	0.04895	ML	2024-12-18
LICE TREATMENT SHAMPOO	24385-0116-03	0.04920	ML	2024-11-20
LICE TREATMENT SHAMPOO	24385-0116-03	0.05020	ML	2024-10-23
LICE TREATMENT SHAMPOO	24385-0116-03	0.04771	ML	2024-09-18
LICE TREATMENT SHAMPOO	24385-0116-03	0.04373	ML	2024-08-21

Lice Treatment Market Analysis and Price Projections

The lice treatment market is experiencing significant growth, driven by several key factors, including increasing prevalence of lice infestations, consumer awareness, and advancements in treatment options.

Market Size and Growth Projections

The global lice treatment market has shown robust growth in recent years. As of 2023, the market size was valued at approximately $1.049 billion, with a projected growth to $1.37 billion by 2028 at a compound annual growth rate (CAGR) of 6.9%[1][3][4].

• By 2030, the market is expected to reach around $1.606 billion, growing at a CAGR of 6.1% from 2022 to 2030[5].
• Another projection indicates the market will reach $1.684 million by 2032, with a CAGR of 5.9% from 2024 to 2032[4].

Segmentation of the Lice Treatment Market

By Type

The market is segmented into three main types of lice infestations:

• Pediculosis Capitis: This is the most common type, affecting the scalp. It dominates the market due to its high prevalence, especially among school-aged children[1][4][5].
• Pediculosis Corporis: Affects the body and is less common.
• Pediculosis Pubis: Affects the pubic area and is also less common compared to Pediculosis Capitis[1].

By Treatment

The market is segmented into:

• Over The Counter (OTC) Medication: This segment is expected to hold a dominant position due to minimal side effects and easier access. OTC medications allow faster and cheaper access to healthcare, making them a preferred choice for minor ailments like head lice[3][5].
• Prescription Medication: While growing, this segment is less dominant but still crucial for severe cases or where OTC treatments are ineffective[1][3].

By Distribution Channel

The market is segmented into:

• Retail Pharmacies: This segment is expected to dominate due to the widespread availability of OTC drugs in retail pharmacies[3][5].
• Hospitals And Clinics: These channels are also significant but less dominant compared to retail pharmacies.
• Other Distribution Channels: Includes online pharmacies and other retail outlets[1].

Drivers of the Market

High Prevalence of Head Lice Infestations

Head lice infestations are common, particularly among children in school settings. According to the Centers for Disease Control and Prevention, around 6 million to 12 million cases of head lice infestations occur each year in the United States alone[4].

Increasing Awareness and Education

Growing awareness campaigns, educational programs, and initiatives by healthcare organizations and schools contribute to increased awareness about head lice infestations and the importance of timely treatment. This boosts the demand for effective treatment options[4][5].

Advancements in Product Formulations

Continuous research and development efforts lead to advancements in product formulations, including new active ingredients, improved efficacy, and user-friendly application methods. These advancements drive market growth by providing innovative and more effective treatment solutions[5].

Telemedicine and Online Sales

The integration of telemedicine for lice treatment consultations and the increasing adoption of online sales channels are also driving market growth[1].

Restraints and Challenges

Growing Resistance to Conventional Treatments

Head lice have developed resistance to certain conventional treatments, making them less effective. This resistance poses a significant challenge in achieving successful treatment outcomes[5].

Lack of Consensus on Treatment Protocols

Varying recommendations and treatment protocols from different healthcare authorities and organizations create confusion among consumers and healthcare providers, impacting treatment decisions[5].

High Cost of Treatments and Lack of Awareness

The cost of lice treatments can be relatively high, especially for families with low income. Additionally, low awareness among people regarding the available treatment options and the importance of on-time effective treatment are key factors expected to hamper the global market growth[4].

Regional Analysis

The global lice treatment market is geographically diverse, but North America contributes notably to the market due to the high prevalence of head lice infestations and strong healthcare infrastructure[4].

Key Players

Major players in the lice treatment market include:

• Fleming Medical Ltd
• ParaPRO, LLC
• Prestige Consumer Healthcare Inc.
• Omega Pharma (A subsidiary of Perrigo Company plc)
• Alliance Pharma PLC
• Johnson & Johnson Private Limited
• GSK plc
• Arbor Pharmaceuticals Inc. (A subsidiary of Azurity Pharmaceuticals, Inc.)
• Sumitomo Chemical
• TecLabs
• Bayer AG[3][4].

Future Trends

Rise of Prescription-Based Treatments

There is an increasing trend towards prescription-based treatments, especially for cases where OTC medications are ineffective[1].

Combination Treatments for Eggs and Nits

Development of combination treatments that target both lice and their eggs (nits) is expected to be a significant trend in the forecast period[1].

Telehealth Integration

Telehealth integration for lice treatment consultations is becoming more popular, providing easier access to healthcare services[1].

Development of Pediatric-Friendly Formulations

There is a growing focus on developing pediatric-friendly formulations to make treatments more accessible and acceptable for children[1].

Expansion of OTC Product Offerings

The expansion of over-the-counter product offerings is expected to continue, driven by consumer demand for convenient and accessible treatment options[1].

"According to the United States Census Bureau, in 2020, the number of children under the age of 18 years was 73.1 million. This in turn is expected to increase demand for lice treatment in the U.S."[3]

Key Takeaways

• The global lice treatment market is projected to grow significantly, driven by high prevalence, increasing awareness, and advancements in treatment options.
• OTC medications and retail pharmacies are expected to dominate the market.
• Resistance to conventional treatments and lack of consensus on treatment protocols are significant challenges.
• Telemedicine and online sales channels are emerging trends.
• North America is a key region contributing to the market growth.

FAQs

What is the current size of the global lice treatment market?

The global lice treatment market was valued at approximately $1.049 billion in 2023[3].

What is the projected growth rate of the lice treatment market?

The market is expected to grow at a CAGR of 6.9% from 2023 to 2028 and reach $1.37 billion by 2028[1].

Which segment dominates the lice treatment market by type?

Pediculosis Capitis, which affects the scalp, dominates the market due to its high prevalence, especially among school-aged children[1][4][5].

What are the main distribution channels for lice treatment products?

Retail pharmacies dominate the distribution channel segment due to the widespread availability of OTC drugs[3][5].

What are the major challenges facing the lice treatment market?

Growing resistance to conventional treatments, lack of consensus on treatment protocols, and high cost of treatments are significant challenges[5].

Which region contributes notably to the global lice treatment market?

North America contributes notably to the market due to the high prevalence of head lice infestations and strong healthcare infrastructure[4].

Sources:

1. The Business Research Company - Lice Treatment Global Market Report 2024
2. Verified Market Research - Head Lice Infestation Drug Market Size, Share, Trends & Forecast
3. Coherent Market Insights - Lice Treatment Market - Share, Size and Industry Analysis
4. Polaris Market Research - Lice Treatment Market Scope, Trends, Industry Outlook 2024-2032
5. Data Bridge Market Research - Head Lice Treatment Market Size, Share, Value & Revenue Analysis