Press release
North America Cold Sore Treatment (for HSV 1 Virus) Market is Set to Witness huge Demand With a USD 690.51 Million During the Forecast Period 2030
Increasing prevalence and incidences of cold sore infections have enhanced the market demand. The rising healthcare expenditure for better health services also contributes to market growth. The major market players focus on various service launches and approvals during this crucial period. In addition, the increase in investments in pharmaceutical R&D and life sciences research also contributes to the rising demand for cold sore treatment.
The North America cold sore treatment (for HSV 1 virus) market is expected to grow in the forecast year due to the rise in market players and the availability of advanced services. Along with this, manufacturers are engaged in R&D activities for launching novel products in the market. The proliferation in modes of transmission of HSV is further boosting market growth. However, a dearth of awareness about the onset and symptoms of cold sore and its treatment might hamper the market growth in the forecast period.
The North America cold sore treatment (for HSV 1 virus) market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyzes that the market is growing with a CAGR of 5.6% in the forecast period of 2023 to 2030 and is expected to reach USD 690.51 million by 2030 from USD 446.54 million in 2022.
Cold sores or oral herpes are small blisters-like abrasions that occur due to the infection caused by the Herpes Simplex Virus (HSV). Cold sores generally occur on the face, around the lips, chin, cheeks, and nostrils. They generally cause pain and itching before they burst. HSV is one of the most common viruses found to affect the global population and it is endemic throughout the world. Up to 90% of people around the world have at least one form of HSV. It generally infects the pediatric population worldwide, but according to WHO, people aged 30-49 are at higher risk now for catching the virus, and the prevalence of HSV increases with age.
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North America Cold Sore Treatment (for HSV 1 Virus) Market Scope
The North America cold sore treatment (for HSV 1 virus) market is segmented into product type, route of administration, type, gender, drug type, end user, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Product Type
Medications
Ointments
Creams
Medicated Lip Balms
Cold Sore Patches
Non-Medicated Products
Route of Administration
Oral
Topical
Others
Type
Prescription Drugs
Over The Counter (OTC) Drugs
Gender
Male
Female
Drug Type
Branded
Generics
End User
Hospitals
Specialty Clinics
Homecare Setting
Others
Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Others
Competitive Landscape and North America Cold Sore Treatment (for HSV 1 Virus) Market Share Analysis
North America cold sore treatment (for HSV 1 virus) market competitive landscape provides details of the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on the market.
Some of the major players operating in the North America cold sore treatment (for HSV 1 virus) market are GSK plc., Novartis AG, Viatris Inc., Hikma Pharmaceuticals PLC, HRA Pharma, Quantum Health, URGO, Apotex Inc., Bausch Health Companies Inc., Zydus Pharmaceuticals Inc., Haleon Group of Companies, Amparo medical Technologies, Teva Pharmaceuticals USA, Inc., Carma Labs Inc., and Blistex Inc. among others.
Browse Detailed Summary of Research Report @ https://www.databridgemarketresearch.com/reports/north-america-cold-sore-treatment-market
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