Global Herpes Labialis Treatment Market - 2023-2030
Global Herpes Labialis Treatment market reached US$ XX million in 2022 and is expected to reach US$ XX million by 2030, growing at a CAGR of XX% during the forecast period 2023-2030.
Herpes labialis or oral herpes is a condition of the mouth region that generates little, sore blisters to grow on the lips, gums, or throat. These blisters are induced by the herpes simplex virus, a typical and highly transmissible virus that contaminates a majority of individuals in the U.S. by the time they attain the age of 20.
For extreme cases of herpes labialis, antiviral tablets may be suggested including acyclovir, famciclovir, and valacyclovir. These antiviral drugs are additionally efficacious if they are dosed as shortly as manifestation first presents (e.g. when tingling is felt around the mouth) and before the blisters first occur.
Market Dynamics: Drivers & RestraintsGrowing Prevalence
The growing prevalence of Herpes Labialis is expected to boost the global market growth during the forecast period. For instance, according to Johns Hopkins Fifty to eighty percent of American adults hold oral herpes (HSV-1), which generates cold sores or fever blisters in or near the mouth.
Genital herpes, induced by HSV-1 or HSV-2, influences one among six individuals in the U.S. aged 14 to 49. Moreover, the WHO assesses that nearly 67% of the globe's inhabitants contain oral herpes or HSV-1 and that almost 11% have genital herpes, or HSV-2. Also, the herpes simplex virus type 1, which is the highly dominant reason for herpes labialis, is considered to be current in 3.7 billion individuals globally.
Furthermore, the increasing research activities, growing awareness and market developments are also expected to contribute to the global Herpes Labialis market growth during the forecast period.
Stringent Regulatory Authorities
The presence of stringent regulatory authorities controlling new drug approvals and commercialization including the FDA and EMA among other is expected to hamper the global market growth during the forecast period. Furthermore, the low treatment choices, low investments, fundings and high drug development costs are also expected to hamper the global market growth during the forecast period.
Segment AnalysisThe global herpes labialis treatment market is segmented based on drug, route of administration, distribution channel and region.
Acyclovir is Expected to Dominate Market
Owing to the increasing product introductions and approvals for Acyclovir is expected to boost the segment market growth, dominating the global market during the forecast period. For instance, in October 2022, Camber Pharmaceuticals introduced Acyclovir Oral Suspension and extended its current portfolio. Acyclovir Oral Suspension is an artificial nucleoside analog functional in herpes virus treatment. Moreover, in November 2020, Amneal Pharmaceuticals, Inc. obtained authorization for its Abbreviated New Drug Application (ANDA) from the U.S. Food and Drug Administration (FDA) for Acyclovir Cream, 5%. Acyclovir Cream, 5%, is the generic version of Zovirax to treat recurrent herpes labialis (cold sores) in immunocompetent adults and adolescents 12 years of age and older.
Geographical AnalysisNorth America is Expected to Dominate the Global Market
Owing to the increase in product approvals and clinical investigations for herpes labialis treatment in North America, the region is expected to dominate the global market throughout the forecast period. For instance, in December 2020, EPI Health, LLC obtained an FDA New Drug Application (NDA) authorization for Sitavig (acyclovir) Buccal Tablet for the treatment of recurrent herpes labialis in immunocompetent individuals.
Moreover, Bayer has begun a Phase 3 randomized, Multi-Center, Double-Blinded, Self-Initiated, Treatment Study Comparing Sitavig (Acyclovir) 50 mg Mucoadhesive Buccal Tablet to Placebo in the treatment of herpes labialis in immunocompetent adults in United States. Furthermore, the growing prevalence and awareness in this region is also boosting the regional market growth during the forecast period.
Market Segmentation
By Drug
• Acyclovir
• Valacyclovir
• Famciclovir
• Docosanol
• Others
By Route of Administration
• Topical
• Oral
• Others
By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Spain
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
• Middle East and Africa
Key Developments• In August 2021, the Xerese (acyclovir and hydrocortisone) cream (recommended for the treatment of recurrent herpes labialis (cold sores) in adults) obtained FDA authorization for a new drug application.
• In February 2021, FDA had received the Abbreviated New Drug Application (ANDA) from Innocutis Holdings, LLC for its Acyclovir Cream 5% to treat herpes labialis.
• In October 2020, Maruho Co., Ltd. reported promising conclusions a phase 3 clinical investigation of its topical medication, MRK-003, fto treat recurrent herpes labialis.
Competitive LandscapeThe major global players in the market include Teva Pharmaceuticals Industries Ltd, Carlsbad Tech, Novartis AG, Innocutis Holdings, LLC, Fresenius Kabi AG, Apotex Inc., GSK plc, Abbvie Inc., and Mylan N.V. among others.
Why Purchase the Report?• To visualize the global herpes labialis treatment market segmentation based on drug, route of administration, distribution channel and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of herpes labialis treatment market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.
The global herpes labialis treatment market report would provide approximately 61 tables, 69 figures and 186 pages.
Target Audience 2023• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies