About Genital Herpes Treatment
General herpes is categorized as a sexually transmitted disease/infection (STI) which is caused by herpes simplex virus. The genital herpes treatment includes the use of drug types like Acyclovir that can treat herpes virus infections, including shingles. This medication does not cure herpes, but may prevent herpes sores or blisters. It is also used to treat outbreaks of genital herpes. In people with frequent outbreaks, acyclovir is used to help reduce the number of future episodes
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.0% |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Teva (Israel), Abbott Laboratories (United States), Sun Pharmaceutical Industries Ltd. (India), Mylan (United States), Pfizer (United States), GlaxoSmithKline (United Kingdom), Dr. Reddy's (India), Novartis (Switzerland), Bausch Health (Canada) and Ranbaxy Laboratories Ltd. (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Genital Herpes Treatment market by Type (Acyclovir, Valacyclovir and Famciclovir), Application (HSV-1 and HSV-2) and Region.
On the basis of geography, the market of Genital Herpes Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Route of Administration, the sub-segment i.e. Oral will boost the Genital Herpes Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Genital Herpes Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing awareness about genital herps treatment and rapidly developing hospital network
Market Growth Drivers:
Increasing No Of Sexually Transmitted Disease Population and Emerging New Disorders Like Zika Virus
Challenges:
Research And Studies Not Getting Results For Enhancement In Treatments and Life-Threatening And High-Cost Associated With Treatment
Restraints:
Some Disorder Are Highly Incurable And Only Can Be Managed and Symptoms And Damages Ignored Due To Social Fear
Opportunities:
Growing Awareness About Treatment Of Sexually Transmitted Disease By Various Organisation And Social Platforms
Market Leaders and their expansionary development strategies
In October 2023, Atai Life Sciences announced a collaboration with Inbios to develop and commercialize Inbios' oral antiviral drug candidate, ABI-429, for the treatment of HSV-2.
In December 2023, Evgen Pharma received marketing authorization in Europe for its topical antiviral gel, EVO-002, for the treatment of recurrent HSV-2 outbreaks.
On 23rd May 2019, US FDA cleared the first diagnostic tests for extra-genital testing for Chlamydia and gonorrhea. U.S. Food and Drug Administration has recently cleared marketing for its first diagnostic test which will detect the bacteria of Chlamydia trachomatis and Neisseria gonorrhoeae which is the reason for transmitting STDs.
Key Target Audience
Raw material suppliers, Distributors/traders/wholesalers/suppliers, Regulatory bodies, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade associations and industry bodies and End-use industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.