PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1107132
PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1107132
The global genital herpes treatment market is expected to grow at a CAGR of 3.76% during 2022-2028
Herpes simplex virus (HSV), also known as herpes, is a widespread infection worldwide. HSV-1 causes infection in or around the mouth (oral herpes), but it can also cause genital herpes. Herpes simplex virus type 2 (HSV-2) causes genital herpes, a dangerous sexually transmitted infection (STI). The genitals of those who have genital herpes develop painful blisters. Blisters can form on the anus or inside it. Oral and vaginal herpes is usually asymptomatic or unnoticed, but they can cause painful blisters or ulcers at the injection site, ranging from mild to severe. The infection is permanent, and symptoms might repeat for years.
The World Health Organization estimates that 20% of people living with HIV / AIDS are in their 20s and that 1 in 20 adolescents get STI each year. Adolescents are more likely to engage in unprotected sex, have multiple sexual partners, and engage in transgenerational transactional sex. The cervical lining in female adults and young women makes them more susceptible to STIs. According to the CDC, roughly 20% of the U.S. population - approximately one out of every five people in the U.S. had an STI on any given day in 2018; October 13 is National Herpes Awareness Day, an excellent opportunity to raise awareness about the causes and treatment of various types of herpes contaminations, particularly genital herpes. The disease and treatment searches are increasing with the high internet penetration around the globe. Young adults are giving more time to internet browsing. They frequently search about the treatment methods for STIs and their prevention. MSM are vulnerable demographics to spreading STIs. While anyone who has sex can get an STD, the sexually active LGBT population, including gay, bisexual, and MSM, are at greater risk. In addition to getting higher rates of HSV, more than half of all new HIV infections happen among MSM. Many aspects contribute to the higher rates of STIs among LGBT.
Promising Investigational Therapies for Treating Genital Herpes
Increasing Demand for Genital Herpes Treatment by Homosexuals
Growing Burden of Sexually Transmitted Diseases
MARKET SEGMENTATION ANALYSIS
The global genital herpes treatment market is segmented based on drug type, distribution channel, virus type, route of administration, and geography.
The Acyclovir segment reported a significant share of around 50.44% among all drug types. The Acyclovir is the leading segment due to availability in all three major routes of administration. The key player in the genital herpes treatment GSK has the branded drug Zovirax. Acyclovir is the oldest drug in the antiviral category and has many generic versions of Zovirax available on the market.
The Retail pharmacies segment reported a significant share of around 49.79% among all distribution channels. The retail pharmacy segment is showing the highest share due to the availability of branded and generic versions of all antiviral drugs in retail pharmacies. People who have genital herpes is most referred to go to nearby retail pharmacy outlet for anti-genital herpes treatment because of the stigma related to sexually transmitted diseases.
The HSV-2 segment reported a major share of around 84.10% among all virus types. HSV-2 is the leading virus type segment as HSV-2 is the leading cause of genital herpes. According to WHO data published in 2022, an estimated 491 million (13%) aged 15-49 years were suffering from infections worldwide in 2016. More women than men are infected with HSV-2.
Among all routes of administration, the oral segment reported a major share of around 64.03%. Mostly all the anti-genital herpes drugs are available in an oral formulation. Chronic suppressive doses of oral antivirals, including Acyclovir (Zovirax), valacyclovir (Valtrex), and famciclovir, have significantly reduced the incidence of clinical recurrence and the rate of asymptomatic excretion. Oral administration of Acyclovir effectively suppresses recurrent genital herpes. Daily administration of Acyclovir reduces the recurrence rate by up to 80%, and 25-30% of patients have no further recurrence while taking the drug.
Segmentation by Drug Type
Segmentation by Distribution Channel
Segmentation by Virus Type
Segmentation by Route of Administration:
GEOGRAPHIC ANALYSIS
North America is the major revenue contributor to the global genital herpes treatment market, with a share of more than 40%. In North America, the US is the key revenue contributor mainly due to an increase in the demand for genital herpes drugs reflecting the growing awareness of various antiviral drugs and their benefits against different STIs, including genital herpes. Europe is the second-largest regional market and is witnessing steady growth owing to increasing acceptance of both branded and OTC antiviral drugs for treating genital herpes. However, APAC is likely to see faster growth than all other regions. Around 1 in every ten people in APAC are infected with HSV-2, which majorly causes genital herpes. The APAC region is witnessing high demand for off-label, generic, and OTC drugs for treating genital herpes. The region has many regional and local vendors offering generic and OTC antiviral drugs, which are majorly used for treating genital herpes.
Segmentation by Region
Key Vendors
Other Prominent Vendors
KEY QUESTIONS ANSWERED
LIST OF TABLES