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Comprehensive Common Warts Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Common Warts
The increasing incidence of viral infections is driving growth in the common warts market. Viral infections, including those caused by human papillomavirus (HPV), are becoming more common due to factors like globalization and weakened immune responses. Common warts, caused by HPV, require treatment to reduce viral spread, alleviate discomfort, and promote healing. According to the Centers for Disease Control and Prevention (CDC), the incidence of varicella (chickenpox) has increased by 62% in the last five years, and HPV infections continue to rise with an estimated 14 million new cases annually in the U.S. These trends are fueling the demand for treatments to manage common warts.
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What is the projected compound annual growth rate (CAGR) of the common warts market from 2025 to 2034, and what factors influence it?
The common warts market has also seen steady expansion. It is expected to grow from $2.13 billion in 2024 to $2.26 billion in 2025 at a CAGR of 6.2%. The primary factors driving historical growth include greater awareness of skin health, an increasing number of wart cases, higher demand for non-invasive treatments, greater adoption of cryotherapy, and an expansion of dermatology clinics.
The common warts market is expected to expand significantly, reaching $2.83 billion in 2029 at a CAGR of 5.8%. Growth in this period will be driven by an aging population, increasing viral infection rates, rising adoption of advanced dermatological therapies, growing demand for customized treatments, and a shift towards home-based care solutions. Major trends shaping this market include advancements in dermatological procedures, improvements in healthcare infrastructure, technological progress in wart removal treatments, increased awareness of available options, and the adoption of minimally invasive techniques.
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How are the latest trends influencing the growth of the common warts market?
In the common warts market, companies are advancing dermatological therapies to meet the growing demand for effective, accessible treatments, aiming to improve patient outcomes and expand their market presence. Dermatological therapies address skin conditions such as infections, inflammations, and disorders. For instance, in May 2024, Verrica Pharmaceuticals, a US-based pharmaceutical company, entered a license agreement with Torii Pharmaceutical Co. Ltd., a Japan-based company. The collaboration will fund a global Phase 3 clinical trial for YCANTH, a treatment for common warts, supporting its development and expansion in global markets. Torii Pharmaceuticals will contribute financial resources to advance the study, enhancing both companies' dermatology portfolios.
What are the major segments of the common warts market and their role in driving growth?
The common warts market covered in this report is segmented -
1) By Treatment Method: Cryotherapy, Laser Treatment, Electrosurgery, Topical Medications
2) By Patient Demographics: Children, Adults, Elderly
3) By Disease Stage: Initial Stage, Moderate Stage, Severe Stage
4) By End User: Hospitals, Dermatology Clinics, Home Care
Subsegments:
1) By Cryotherapy: Liquid Nitrogen Therapy, Carbon Dioxide Therapy
2) By Laser Treatment: Pulsed-Dye Laser Therapy, Carbon Dioxide (CO2) Laser Therapy
3) By Electrosurgery: Curettage And Electrosurgical Removal, High-Frequency Electrosurgical Ablation
4) By Topical Medications: Salicylic Acid-Based Therapy, Immunotherapy-Based Topicals, Retinoid-Based Therapy
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Which regions are key players in the growth of the common warts market?
North America was the largest region in the common warts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the common warts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the common warts market?
Major companies operating in the common warts market are Major players in the market are AbbVie Inc., GlaxoSmithKline plc, Sun Pharmaceutical Industries Limited, Perrigo Company plc, Holland & Barrett International Limited, Prestige Consumer Healthcare Inc., Maruho Co. Ltd., Novan Inc., X4 Pharmaceuticals Inc., Aclaris Therapeutics Inc., Verrica Pharmaceuticals Inc., RXi Pharmaceuticals Corporation, Scholl's Wellness Company, Nielsen BioSciences Inc., Cassiopea S.p.A., Orgenesis Inc., KinoPharma Inc., Naturasil, Veradermics Inc., KinoPharma Co. Ltd.
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What Is Covered In The Common Warts Global Market Report?
•Market Size Forecast: Examine the common warts market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the common warts market for a structured understanding.
•Key Players Overview: Analyze major players in the common warts market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the common warts market.
•Segment Contributions: Evaluate how different segments drive overall growth in the common warts market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the common warts market.
•Industry Challenges: Identify potential risks and obstacles affecting the common warts market.
•Competitive Landscape: Review strategic developments in the common warts market, including expansions, agreements, and new product launches.
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