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Herpangina Treatment Global Market Report 2024 Global Market Analysis, Trends, Growth, Research And Forecast 2033
Herpangina Treatment Global Market
According to The Business Research Company's, The herpangina treatment market size has grown strongly in recent years. It will grow from $1.76 billion in 2023 to $1.88 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to viral outbreaks and prevalence, pediatric population growth, healthcare infrastructure development, public health awareness programs, clinical research and treatment advancements..
The herpangina treatment market size is expected to see strong growth in the next few years. It will grow to $2.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to emerging viral strains, increasing focus on pediatric health, international health regulations, technological innovations in diagnostics, healthcare access improvements.. Major trends in the forecast period include development of topical therapies for oral lesions, integration of telemedicine for diagnosis and consultation, enhanced patient education and awareness programs, collaborations for clinical trials and research, global health preparedness initiatives..
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Market Drivers and Trends:
The rise in prevalence of the herpangina is expected to propel the growth of the herpangina treatment market going forward. Herpangina is a viral illness that usually affects youngsters, creating painful sores or ulcers on the tonsils and back of the throat caused by coxsackievirus and enteroviruses. Herpangina therapy helps to reduce the severity of herpangina symptoms such as blisters, high fever, discomfort in the mouth or throat, drooling, and loss of appetite. For instance, in September 2022, according to the National Library of Medicine, a US-based biomedical library operated by the federal government stated that in China, the incidence of Coxsackievirus (Cox A16) cases increased to 1.09 cases (1/100,000) in 2021 compared to 2020. Further, the incidence of other enterovirus cases increased to 4.73 cases (1/100,000) in 2021 from 4.46 cases (1/100,000) in 2020. Therefore, the increasing incidence of herpangina is driving the growth of the herpangina treatment market.
Development of treatments for herpangina diseases such as aphthous stomatitis is a key trend gaining popularity in the herpangina treatment market. Major companies operating in herpangina treatment are developing therapies for relieving pain for people suffering from recurrent mouth ulcers. For instance, in September 2022, Mucocort, a Sweden-based healthcare company that develops oral patches, signed a deal with Aurena Laboratories AB, a Sweden-based medical technology company, and created a unique self-absorbing pain relief patch. This unique patch treatment helps people suffering from recurrent mouth ulcers and aphthous stomatitis to relieve their pain and speeds up the natural healing process of the aphthous ulcer.
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• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
Gilead Sciences Inc.; Johnson and Johnson Services Inc.; Merck & Co. Inc.; Pfizer Inc.; AbbVie Inc.; Vertex Pharmaceuticals Incorporated; Sanofi S.A; Novartis AG; Mitsubishi Tanabe Pharma Corporation; F. Hoffmann-La Roche AG; Bristol Myers Squibb Company; Takeda Pharmaceutical Company Limited; AstraZeneca plc; Bausch Health Companies Inc.; Mylan N.V.; GlaxosmithKline plc; Teva Pharmaceutical Industries Ltd.; Sun Pharmaceutical Industries Ltd.; Lupin Limited; Dr. Reddy's Laboratories Ltd.; Cipla Limited; Cadila Healthcare Limited; Glenmark Pharmaceuticals Ltd.; Torrent Pharmaceuticals Ltd.; Alkem Laboratories Ltd.; Alembic Pharmaceuticals Ltd.; Hetero Drugs Limited; Macleods Pharmaceuticals Ltd.; Intas Pharmaceuticals Ltd.; Jubilant Life Sciences Ltd.
Herpangina Treatment Market 2024 Key Insights:
• The herpangina treatment market will grow to $2.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%.
• Growing Prevalence Of Herpangina Treatment Fuels The Growth Of The Herpangina Treatment Market
• Advancements In Herpangina Treatment With A Focus On Aphthous Stomatitis
• North America was the largest region in the global herpangina treatment market in 2023
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