Industry Outlook

The genital herpes treatment drugs market will be featuring magnificent growth at a compounded annual growth rate (CAGR) of 4.9% during the forecast period from 2023 to 2030. According to the latest research citing’s published by World Health Organization (WHO), approximately two-thirds of the global population under 50 years of age is infected with herpes simplex virus type 1 (HSV-1). Genital herpes is contagious and transmitted via the vaginal and anal route. It is important for any individual to visit health clinic when symptoms such as small blisters around thigh, genital, or anal region are visible. Burning sensation and pain during micturition is also an early symptom related to genital herpes infection.

The product pipeline is strong with drugs such as GEN-003 a therapeutic vaccine developed by Genocea Biosciences, Inc. is currently under phase 3 clinical trial studies with promising result in reduction of genital lesions. Vical, Inc. is developing VCL-HB01 a therapeutic vaccine which is showcasing excellent results in the treatment of lesion recurrence.

"Excellent pharmacodynamic and pharmacokinetic profile makes acyclovir the first line therapeutic drug for the treatment for genital herpes"

Acyclovir is currently dominating the drug class segment for genital herpes treatment drugs market. The key attributes contributing towards the dominance of acyclovir are excellent pharmacodynamic and pharmacokinetic parameters. Clinical studies have fortified the facts that acyclovir is safe, well tolerated in patients suffering with genital herpes infection. It is the first line drug therapy due to its ability to inhibit and inactivate HSV specific DNA polymerase to prevent viral DNA synthesis without causing any harm to normal cellular process. The recommended dose is 200 mg five times daily for 10 days. Famciclovir will be the fastest growing antiviral drug during the forecast period 2018 to 2026. Improved bioavailability of famciclovir is useful in the suppression of recurrent genital herpes infection in immunocompromised patients. 

"Rising prevalence of genital herpes drive the market growth in North America"

North America is leading the regional segment for genital herpes treatment drugs market. According to Center for Disease Control and Prevention (CDC) statistics genital herpes is prevalent in every sixth person aged between 14 to 49 years. The major factors influencing the market growth in North America are rising prevalence of genital herpes and developed diagnostic centers resulting in early diagnosis and medical intervention for treating genital herpes. In Europe the market is driven by factors such as existence of key players such as GlaxoSmithkline, Plc., Novartis AG, AstraZeneca, Plc., etc. and recent refugee influx from the Levant region has resulted in a steep increase in the genital herpes infection. Asia Pacific is set to become the fastest growing regional market during the forecast period on account of rising public health awareness regarding sexually transmitted disease, proactive government policies in curbing the spread of genital herpes infection and presence of huge generic drugs market employed for treatment.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Genital Herpes Treatment Drugs market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Genital Herpes Treatment Drugs market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Genital Herpes Treatment Drugs market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Genital Herpes Treatment Drugs market?
• Which is the largest regional market for Genital Herpes Treatment Drugs market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Genital Herpes Treatment Drugs market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Genital Herpes Treatment Drugs market worldwide?