U.S. HSV1 Treatment Market Analysis, Technology Advancements, Industry Scope and Forecast to 2027


Posted April 9, 2021 by kalyani09

Data Bridge Market Research analyses that the market is growing with a CAGR of 11.9% in the forecast period of 2020 to 2027 and is expected to reach USD 1,098.29 million by 2027

 
HSV1 treatment market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 11.9% in the forecast period of 2020 to 2027 and is expected to reach USD 1,098.29 million by 2027. Rise in prevalence of HSV infection, increase in modes of transmission of the infectious disease, rising awareness program regarding the sexually transmitted disease, increasing research and development and growing generic drug are considered as the major drivers which propelled the demand of the HSV1 treatment market in the forecast period.
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Some of the major players operating in the HSV1 treatment market are GlaxoSmithKline plc., Apotex Inc., Mylan N.V., Cipla Inc., Teva Pharmaceuticals USA, Inc. (A Subsidiary of Teva Pharmaceutical Industries Ltd.), Avet Pharmaceuticals Inc., Amneal Pharmaceuticals LLC., Tolmar Pharmaceuticals, Inc., Perrigo Company plc, Ortho Dermatologics’ (A Part of Bausch Healthcare Companies Inc.), F. Hoffmann-La Roche Ltd., Macleods Pharmaceuticals Ltd., Fresenius Kabi USA (A Subsidiary of Fresenius Kabi AG), Dr. Reddy’s Laboratories Ltd., EXCELL BIOTECH, NANOVIRICIDES, INC., Glenmark Pharmaceutical Inc., USA (A Subsidiary of Glenmark Pharmaceuticals Ltd.), X-Vax Technology, Inc., AiCuris GmbH & Co. KG, Mustang Bio (A Subsidiary of Fortress Biotech, Inc.), and Sorrento Therapeutics, Inc. among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
The U.S. HSV1 Treatment Market Scenario
According to Data Bridge Market Research, the market for HSV1 treatment in the U.S. is growing with market leader GlaxoSmithKline plc which accounts an estimated market share of approximately 16.24%. The company has gained outstanding sale by providing HSV1 treatment products.
In August 2018, Bausch Health Companies Inc. received FDA approval for new drug application filed for altreno. Altreno is a formulation of tretinoin and is used for HSV1 treatment. This approval helped the company to expand its product portfolio for HSV1 treatment.
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The U.S. HSV1 Treatment New Market Developments
• In May 2020, F. Hoffmann-La Roche Ltd officially announced the acquisition of Stratos Genomics. This acquisition lead to the development of DNA based sequencing for diagnostics use. This enhanced the healthcare diagnosis segment of the company, thus leading to more revenue generation of the company.
• In October 2019, Bausch Health Companies Inc. presented 18 posters during the Fall Clinical Dermatology Conference in Las Vegas. In this presentation, the company presented analysis of different dermatological products involving alterno (tretinoin 0.05%) lotion, for HSV1 treatment. This data presentation helped the company to enhance awareness among patients which led to a positive impact on company’s revenue.

Scope of the U.S. HSV1 Treatment market
All country based analysis of the U.S. HSV1 treatment market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the U.S. HSV1 treatment market is segmented into cold sores & genital herpes. On the basis of occurrence, the U.S. HSV1 treatment market is segmented into primary herpes and recurrent herpes. On the basis of treatment, the U.S. HSV1 treatment market is segmented into drugs and vaccines. On the basis of route of administration, the U.S. HSV1 treatment market is segmented into oral, topical and parenteral. On the basis of population type, the U.S. HSV1 treatment market is segmented into neonates, pediatrics and adults. On the basis of gender, the U.S. HSV1 treatment market is segmented into male and female. On the basis of end user, the U.S. HSV1 treatment market is segmented into hospitals, specialty clinics, home healthcare and others. On the basis of distribution channel, the U.S. HSV1 treatment market is segmented into hospital pharmacy, retail pharmacy, online pharmacy and others.
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Issued By Data Bridge Market Research
Country Angola
Categories Health , Industry , News
Last Updated April 9, 2021