A proficient data and brilliant forecasting techniques used in this Genital Warts Treatment Market report are synonymous with accurateness and correctness. The document is a meticulous analysis of existing scenario of the market, which covers several market dynamics. This market research report endows with the plentiful insights and business solutions that will support to stay ahead of the competition. The most precise way to forecast what future holds is to understand the trend today and hence Genital Warts Treatment Marketing report has been structured by chewing over numerous fragments of the present and upcoming market scenario.
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This Genital Warts Treatment Market report is the consequence of incessant efforts lead by clued-up forecasters, innovative analysts and bright researchers who indulge in detailed and attentive research on different markets, trends and emerging opportunities in the consecutive direction for the business needs. Company snapshot, geographical presence, product portfolio, and recent developments are taken into account for studying the company profiles that are part of this report. Quality and transparency has been strictly maintained while carrying out research studies to offer an exceptional market research report for a niche. A thoughtful knowledge of industrial unanimity, market trends and incredible techniques via this Genital Warts Treatment Market report gives an upper hand in the market.
Global genital warts treatment market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the availability of various at-home diagnostic kits for HPV infections resulting in early detection of the disease and subsequent treatment at an early stage.
Few of the major competitors currently working in the global genital warts treatment market are Merck & Co., Inc.; Allergan; Bausch Health; Lee’s Pharmaceutical Holdings Limited; Seqirus; Sanofi; Serum Institute of India Pvt. Ltd. among others.
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Market Definition: Global Genital Warts Treatment Market
Genital warts are contagious and sexually-transmitted disease known to cause lumps/bump around and on the genital of the patient. They are also known as venereal warts and/or condyloma acuminatum. It is an indication that the patient is suffering from human papillomavirus (HPV) and because of no available treatment for HPV, only the treatment for symptoms or indications are available. This disease is known to cause discomfort, irritation and itching around the genitals.
Segmentation: Global Genital Warts Treatment Market
Genital Warts Treatment Market : By Therapy
Genital Warts Treatment Market : By Route of Administration
Genital Warts Treatment Market : By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Genital Warts Treatment Market : By Geography
- North America
- South America
- Middle East and Africa
Key Development in the Genital Warts Treatment Market:
- In June 2018, Merck & Co., Inc. announced that they had received the U.S. FDA approval for the new supplemental review submitted by the company of a supplemental Biologics License Application for “GARDASIL”, 9-valent HPV vaccine. The review is for expansion of age indication of the drug covering nine HPV types and their treatment. U.S. FDA has granted “Priority Review” with the prescription drug user fee act (PDUFA) data set for October 6th, 2018
- In July 2018, Cassiopea announced the availability of proof of concept for their Phase II clinical trial being conducted for “CB-06-02” topical 15% immune modulator tellurium-based gel designed for the treatment of genital warts at an extreme level. The proof of concept indicated the complete clearance or statistically significant reduction of genital warts in women, The trial is currently undergoing with various other endpoints as well
Genital Warts Treatment Market Drivers
- Increasing focus of pharmaceutical manufacturers on development of therapeutics that can be administered by the patient themselves; this factor is expected to drive the growth of the market
- Various initiatives by the government to spread awareness regarding STIs and HPV virus is another factor boosting the market growth
- Growing levels of availability for therapeutics designed for target applications/indications of HPV will also propel the growth of the market in the forecast period
Genital Warts Treatment Market Restraints
- Lack of awareness regarding the availability of therapeutics for various indications of HPV; this factor is expected to hamper the market growth
- Complications associated with the utilization of vaccines and therapeutics for HPV virus will restrict the market growth
Opportunities in the Genital Warts Treatment Market :
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
- To describe and forecast of Genital Warts Treatment market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
- Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.
- To get a comprehensive overview of the Genital Warts Treatment market.
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