Genital Warts Treatment Market Increasing In Massive Demand with Leading Players | Allergan, Bausch Health ,Lee's Pharmaceutical Holdings Limited.
Genital Warts Treatment Marketare contagious and sexually-transmitted disease known to cause lumps/bump around and on the genital of the patient. They are also known as venereal warts and/or condyloma acuminatum. It is an indication that the patient is suffering from human papillomavirus (HPV) and because of no available treatment for HPV, only the treatment for symptoms or indications are available. This disease is known to cause discomfort, irritation and itching around the genitals.
Global genital warts treatment market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the availability of various at-home diagnostic kits for HPV infections resulting in early detection of the disease and subsequent treatment at an early stage.
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Competitive Analysis: Global Genital Warts Treatment Market
Few of the major competitors currently working in Global Genital Warts Treatment Market are Merck & Co., Inc.; Allergan; Bausch Health; Lee's Pharmaceutical Holdings Limited; Seqirus; Sanofi; Serum Institute of India Pvt. Ltd. among others.
Key Pointers Covered in the Global Genital Warts Treatment Market Trends and Forecast to 2026
- Global Genital Warts Treatment Market New Sales Volumes
- Global Genital Warts Treatment Market Replacement Sales Volumes
- Global Genital Warts Treatment Market Installed Base
- Global Genital Warts Treatment Market By Brands
- Global Genital Warts Treatment Market Size
- Global Genital Warts Treatment Market Procedure Volumes
- Global Genital Warts Treatment Market Product Price Analysis
- Global Genital Warts Treatment Market Healthcare Outcomes
- Global Genital Warts Treatment Market Cost of Care Analysis
- Global Genital Warts Treatment Market Regulatory Framework and Changes
- Global Genital Warts Treatment Market Prices and Reimbursement Analysis
- Global Genital Warts Treatment Market Shares in Different Regions
- Recent Developments for Global Genital Warts Treatment Market Competitors
- Global Genital Warts Treatment Market Upcoming Applications
- Global Genital Warts Treatment Market Innovators Study
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Key Developments in the Market:
- In June 2018, Merck & Co., Inc. announced that they had received the U.S. FDA approval for the new supplemental review submitted by the company of a supplemental Biologics License Application for “GARDASIL”, 9-valent HPV vaccine. The review is for expansion of age indication of the drug covering nine HPV types and their treatment. U.S. FDA has granted “Priority Review” with the prescription drug user fee act (PDUFA) data set for October 6th, 2018
- In July 2018, Cassiopea announced the availability of proof of concept for their Phase II clinical trial being conducted for "CB-06-02" topical 15% immune modulator tellurium-based gel designed for the treatment of genital warts at an extreme level. The proof of concept indicated the complete clearance or statistically significant reduction of genital warts in women, The trial is currently undergoing with various other endpoints as well
Market Drivers
- Increasing focus of pharmaceutical manufacturers on development of therapeutics that can be administered by the patient themselves; this factor is expected to drive the growth of the market
- Various initiatives by the government to spread awareness regarding STIs and HPV virus is another factor boosting the market growth
- Growing levels of availability for therapeutics designed for target applications/indications of HPV will also propel the growth of the market in the forecast period
Market Restraints
- Lack of awareness regarding the availability of therapeutics for various indications of HPV; this factor is expected to hamper the market growth
- Complications associated with the utilization of vaccines and therapeutics for HPV virus will restrict the market growth
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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