Press release
Is Herpes Zoster Treatment Market as Important as Everyone Says?
Also, people with shingles can infect someone who has never had chickenpox, but the person will only have chickenpox and not shingles. Shingles is common in older adults due to their weakened immune systems. People undergoing radiation or chemotherapy have weakened immune systems and are more likely to get shingles.
The global herpes zoster treatment industry generated $217.09 million in 2020, and is estimated to reach $303.42 million by 2030, witnessing a CAGR of 3.4% from 2021 to 2030.
• CAGR: 3.4%
• Current Market Size: USD 217.09 Million
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2021- 2030
• Base Year: 2021
Download Sample Report- https://www.alliedmarketresearch.com/request-sample/12135
Drivers, Restraints, and Opportunities
Increase in incidence of herpes zoster and enhanced healthcare infrastructure drive the growth of the global herpes zoster treatment market. However, scarcity of skilled professionals restrains the market growth. On the other hand, surge in drug development activities creates new opportunities in the coming years.
Covid-19 Scenario-
* There has been a fall in the number of surgeries and patient visits to hospitals to avoid cross-contamination. This impacted the herpes zoster treatment market negatively.
* Moreover, the shift in healthcare staff to take care of Covid-19-infected patients led to reduced staff for taking care of patients undergoing the herpes zoster treatment. So, many hospitals and healthcare facilities postponed non-elective surgeries. However, the herpes zoster treatment market is expected to recover steadily post-pandemic.
The antiviral medications segment to continue its leadership status during the forecast period
Based on treatment type, the antiviral medications segment accounted for the highest share in 2020, contributing to nearly half of the global herpes zoster treatment market, and is expected to continue its leadership status during the forecast period. Moreover, this segment is expected to manifest the largest CAGR of 3.9% from 2021 to 2030. This is due to rise in demand for antiviral treatment for its high effectiveness and introduction of new drugs. The research also analyzes the segments including anti-inflammatory medications and others.
The drug stores and retail pharmacies segment to continue its dominant share during the forecast period
Based on distribution channel, the drug stores and retail pharmacies segment contributed to the highest share in 2020, accounting for nearly three-fifths of the global herpes zoster treatment market, and is estimated to continue its dominant share in terms of revenue during the forecast period. This is attributed to surge in the number of stores and its ease in availability.However, the online providers segment is expected to witness the highest CAGR of 5.4% from 2021 to 2030, owing to rise in preference for doorstep delivery of medicines with increased demand for convenience.
North America to continue its lead position in terms of revenue by 2030
Based on region, North America held the highest market share in 2020, accounting for around two-fifths of the global herpes zoster treatment market, and is expected to continue its lead position in terms of revenue by 2030.
This is due to availability of advanced healthcare facilities with trained medical professionals and presence of key players across the region. However, Asia-Pacific is projected to portray the fastest CAGR of 4.7% during the forecast period, owing to rise in patient awareness toward treatment of herpes zoster and surge in demand for drug therapies.
Speak to our Analyst - https://www.alliedmarketresearch.com/connect-to-analyst/12135
Leading Market Players
* Abbott Laboratory
* Bausch Health
* Cipla Inc.
* Camber Pharmaceuticals.
* GlaxoSmithKline plc
* Merck
* Novartis AG,
* Pfizer Inc.
* Eli Lilly and Co.
* Teva Pharmaceutical Industries Ltd.
Know More- https://www.alliedmarketresearch.com/press-release/herpes-zoster-treatment-market.html
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
Web: https://www.alliedmarketresearch.com
Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Is Herpes Zoster Treatment Market as Important as Everyone Says? here
News-ID: 2910810 • Views: …
More Releases from allied market research
India Heat Exchangers Market Outlook, Current Strategies, and Growth by Top Comp …
The India heat exchangers market accounted for revenue of $454.4 million in 2018, and is anticipated to generate $890.0 million by 2026. The market is projected to grow at a CAGR of 8.6% from 2019 to 2026.
𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗦𝗮𝗺𝗽𝗹𝗲 𝐏𝐃𝐅 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/request-sample/5431
Heat exchangers are devices that transfer energy between fluids at two different temperatures. Generally, the fluids are separated by a wall, which can be termed…
High-performance Actuators Market Outlook, Current Strategies, and Growth by Top …
The global high-performance actuators market size was valued at $2.4 billion in 2020, and is projected to reach $5.7 billion by 2030, growing at a CAGR of 9.1% from 2021 to 2030.
𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗦𝗮𝗺𝗽𝗹𝗲 𝐏𝐃𝐅 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/request-sample/A13140
The global high-performance actuators market analysis is conducted on the basis of type, application, end use, and region. On the basis of type, the global market is classified into rotary and linear.…
Online Grocery Market Size Worth USD $965.4 billion by 2032 | Growth Rate (CAGR) …
According to a new report published by Allied Market Research, titled, "Online Grocery Market," The online grocery market was valued at $258.6 billion in 2022, and is estimated to reach $965.4 billion by 2032, growing at a CAGR of 14.3% from 2023 to 2032.
➡️𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂 : https://www.alliedmarketresearch.com/request-sample/1668
The online grocery market is a digital platform where consumers can buy food and household essentials. It includes grocery chains,…
Climbing Gear Market Size Worth USD $2.7 billion by 2031 | Growth Rate (CAGR) of …
According to the report published by Allied Market Research, the global climbing gear market generated $1.3 billion in 2021, and is estimated to reach $2.7 billion by 2031, witnessing a CAGR of 7.9% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios. The report is a helpful source of information for leading market…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
