Press Release

Jan, 09 2024

Effective HSV1 Treatment Strategies: Navigating Options for Managing and Alleviating Herpes Simplex Virus Type 1

The U.S. HSV-1 treatment market addresses herpes simplex virus type 1 through antiviral medications such as acyclovir, valacyclovir, and famciclovir. These drugs inhibit viral replication, easing symptoms of painful blisters or ulcers. Topical creams aid in discomfort relief and expedite healing. With HSV-1's contagious nature through saliva, sperm, and vaginal secretions, diagnostics involve physical examinations, fluid sampling, and blood tests. Amid the prevalence of HSV-1, pharmaceutical companies actively seek innovative solutions, emphasizing the significance of effective antiviral treatments such as famciclovir, acyclovir, and valacyclovir.

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Data Bridge Market Research analyses that the U.S. HSV1 Treatment Market was at USD 537.32 million in 2022 and is expected to reach USD 1,378.65 million by 2030, at a CAGR of 12.5% during the forecast period 2023 to 2030. Educational initiatives on HSV-1, transmission, and available treatments empower individuals to seek timely care, fostering market growth by promoting informed healthcare decisions and proactive management of herpes simplex virus type 1 infections.

Key Findings of the Study

U.S. HSV1 Treatment Market

Rising healthcare expenditure is expected to drive the market's growth rate

The rising healthcare expenditure in the U.S. provides a substantial financial foundation for increased research and development endeavors. This, in turn, facilitates the exploration and creation of advanced and more effective treatment solutions for HSV-1. The heightened investment underscores a commitment to medical innovation, supporting the continuous improvement of therapies for managing herpes simplex virus type 1 infection.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Cold Sores, Genital Herpes), Occurrence (Primary Herpes, Recurrent Herpes), Treatment (Drugs, Vaccines), Route of Administration (Oral, Topical, Parenteral), Population Type (Neonates, Paediatrics and Adults), Gender (Male and Female), End User (Hospitals, Specialty Clinics, Home Healthcare and Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy and Others)

Market Players Covered

Abbott (U.S.), Abcam plc. (U.K.), BIOMÉRIEUX (France), Thermo Fisher Scientific, Inc. (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), DiaSorin S.p.A. (Italy), Quidel Corporation (U.S.), Luminex Corporation (U.S.), Merck KGaA (Germany), QIAGEN (Germany), Norgen Biotek Corp. (Canada), Hologic Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Meridian Bioscience, Inc. (U.S.), Teco Diagnostics (U.S.), GSK plc. (U.K.), Agenus Inc. (U.S.), Maruho Co., Ltd. (Japan), Sanofi (France)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Segment Analysis:

The U.S. HSV1 treatment market is segmented on the basis of type, occurrence, treatment, route of administration, population type, gender, end user, and distribution channel.

  • On the basis of type, the U.S. HSV1 treatment market is segmented into cold sores, and genital herpes
  • On the basis of occurrence, the U.S. HSV1 treatment market is segmented into primary herpes, and recurrent herpes
  • On the basis of treatment, the U.S. HSV1 treatment market is segmented into drugs, and vaccines
  • On the basis of route of administration, the U.S. HSV1 treatment market is segmented into oral, topical, and parenteral
  • On the basis of population type, the U.S. HSV1 treatment market is segmented into neonates, paediatrics and adults
  • On the basis of gender, the U.S. HSV1 treatment market is segmented into male and female
  • On the basis of end user, the U.S. HSV1 treatment market is segmented into hospitals, specialty clinics, home healthcare, and others
  • On the basis of distribution channel, the U.S. HSV1 treatment market is segmented into hospital pharmacy, retail pharmacy, online pharmacy, and others

Major Players

Data Bridge Market Research recognizes the following companies as the major U.S. HSV1 treatment market players in U.S. HSV1 treatment market are Norgen Biotek Corp. (Canada), Hologic Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Meridian Bioscience, Inc. (U.S.), Teco Diagnostics (U.S.), GSK plc. (U.K.), Agenus Inc. (U.S.), Maruho Co., Ltd. (Japan), Sanofi (France)

U.S. HSV1 Treatment Market

Market Developments

  • In 2022, Replay, a genome writing company, launched Eudora, herpes simplex virus (HSV) gene therapy venture focusing on genetic retinal diseases. Eudora represents the inaugural utilization of Replay's synHSV delivery vector, renowned for its elevated payload capacity. This innovation holds promise for addressing genetic retinal disorders through advanced gene therapy interventions
  • In 2022, Abacus Diagnostica, a Uniogen company, launched the GenomEra assay kit (HSV-1/2, VZV + EV Assay Kit) in Europe markets. This rapid PCR test identifies viruses causing viral meningitis and encephalitis. Representing an advance in medical technology, the kit promises faster and more accurate diagnoses, addressing a critical need for timely intervention in cases of these severe illnesses
  • In 2022, Rational Vaccines commenced a clinical trial investigating baseline characteristics of recurrent symptomatic HSV type 2 patients. Conducted in two U.K. research institutions, the study aims to inform protocol design for rational vaccines' phase 1/2 clinical trial of their lead HSV-2 therapeutic vaccine, marking a significant stride in their mission to revolutionize herpes treatment and prevention
  • In 2020, Bausch Health Companies Inc. launched a telemedicine platform on www.dermatology.com in the U.S. This platform facilitates on-demand consultations with healthcare professionals for prescriptions of dermatology products such as Aldara and Solodyn. Aldara, an imiquimod cream, is employed in treating HSV1. The website launch effectively garnered attention, enhancing awareness and accessibility to key HSV1 treatment products, strengthening the company's position in the market
  • In 2020, GlaxoSmithKline plc partnered with Samsung Biologics, aiming to fortify its pharmaceutical portfolio. This partnership is poised to enhance and diversify GSK's product offerings, fostering revenue growth. The synergistic alliance leverages Samsung Biologics' expertise to bolster GSK's capabilities, signaling a commitment to innovation and a strengthened position in the pharmaceutical market

For more detailed information about the U.S. HSV1 treatment market report, click here – https://www.databridgemarketresearch.com/reports/us-hsv1-treatment-market


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