Genital Herpes Market, By Drug (Acyclovir, Valacyclovir, Famciclovir and Others), By Route of Administration (Oral, Injection and Topical), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI477221 | Publish Date: March 2024 | No. of Pages: 170

Global Genital Herpes Market Overview

Genital Herpes Market was valued at US$ 2.2 billion in 2024 and is projected to grow at a CAGR of 5.3% to reach US$ 3.7 billion by 2034.

Herpes simplex is a sexually transmitted infection caused by the herpes simplex virus. HSV-1, which is located around the mouth, and HSV-2, which is found around the vaginal area, are the two types. Herpes simplex virus type 1 (HSV-1) or type 2 (HSV-2) causes genital herpes, which is the major cause of genital ulcers. HSV-1 causes non-sexually transmitted oral herpes infection and is usually detected around the mouth (cold sores). HSV-1 is a virus that causes labial or pharyngeal infection and is spread mostly through non-genital contact. Though HSV-1 can be transmitted to the genitals through oral intercourse, infections with the virus can also occur as a result of everyday interactions such as sharing utensils, sharing lip balm, or kissing. HSV-2 is a sexually transmitted virus that usually affects the vaginal area. HSV-2 infection is permanent and incurable, and its epidemiological synergy with HIV infection and transmission is of special concern. People infected with HSV-2 are three times more likely to contract HIV, and people infected with both HIV and genital HSV are more likely to spread the virus to others

Genital Herpes Market share

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Genital Herpes Market Drivers & Restraints

  • Increasing Herpes patients

The key factors driving the market's growth are an increase in the prevalence of sexually transmitted diseases, an increase in the use of herpes treatment, an increase in awareness of sexually transmitted diseases, an increase in the use of targeted herpes treatment procedures, an increase in hospital acquired infections, and an increase in demand for effective therapeutic treatment. Furthermore, an increase in government funding to develop innovative treatments for genital herpes, an increase in demand for minimally invasive treatment procedures, an increase in the development of antiviral resistant species, R&D activities to improve the quality of drug treatment methods, and joint ventures and collaboration between key market players are all contributing to the growth of the industry.

  • Shortage of diagnostic tests

However, the market's expansion is hampered by a shortage of diagnostic tests and the social stigma associated with therapy.

Government support for regulatory approvals and public awareness efforts about sexually transmitted diseases, on the other hand, are projected to provide profitable chances for market expansion.

Global Genital Herpes Market Segmentations & Regional Insights

The Genital Herpes Market is segmented based on drug type, route of administration distribution channel and region.

On the basis of Drug Type, the Genital Herpes Market is segmented into Acyclovir, Valacyclovir, Famciclovir and Others. Based on Route of administration, the target market is segmented into Oral, Injection and Topical. Based on Distribution Channel, the target market is segmented into Hospital Pharmacy, Retail Pharmacy, Others.

Regional Insights:

On region the  Genital Herpes Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is likely to dominate the genital herpes market because of the rising frequency of herpes simplex virus infections. According to the American Sexual Health Association, around half of the population in the United States is infected with HSV-1, which causes oral herpes. Furthermore, HSV-2 infection affects about one out of every eight people. Furthermore, the National Institutes of Health estimates that by the age of 50, 90 percent of persons in the United States have been exposed to the virus. As a result, there is a demand for herpes treatment, which is projected to boost the herpes simplex virus treatment market.

Report Scope:

Attribute

Details

Market Size 2024

US$ 2.2 billion

Projected Market Size 2034

US$ 3.7 billion

CAGR Growth Rate

5.3%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Drug Type - Acyclovir, Valacyclovir, Famciclovir and Others

By Route of Administration - Oral, Injection and Topical

By Distribution Channel - Hospital Pharmacy, Retail Pharmacy, Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at , regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the  Genital Herpes Market report based on drug type, route of administration, distribution channel and region.

                                  Genital Herpes Market - segmentationGenital Herpes Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Genital Herpes Market Competitive Landscape & Key Players

Some of the companies which are currently dominating the market are Teva Pharmaceuticals Inc., Apotex Inc., Mylan Pharmaceuticals Inc., Epi Health LLC, Zydus Pharmaceuticals, GlaxoSmithKline LLC, Carlsbad Tech, Avet Pharmaceuticals Inc., Glenmark Pharmaceuticals Inc. and Fresenius Kabi.  Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.

Global Genital Herpes Market Recent News

Recent Development:

• In January 2021, Sanofi Pasteur provided an update on the progress of developing the HSV529 (HSV15) herpes vaccine in partnership with the National Institute of Allergy and Infectious Diseases. The vaccine is categorized as a replication-defective virus, meaning that it has every component of the HSV virus with the exception of two crucial proteins, UL5 and UL29, which are necessary for viral DNA replication.

In March 2021, GlaxoSmithKline plc started phase 1 human clinical studies for their investigational HSV-2 vaccine. The trials aimed to determine the immunogenicity, safety, and reactogenicity of four distinct vaccination dosage levels in healthy individuals between the ages of 18 and 40.

Global Genital Herpes Market Company Profile

  • Teva Pharmaceuticals Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Apotex Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mylan Pharmaceuticals Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Epi Health LLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Zydus Pharmaceuticals
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • GlaxoSmithKline LLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Carlsbad Tech
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Avet Pharmaceuticals Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Glenmark Pharmaceuticals Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Fresenius Kabi
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

FAQs

The Global Genital Herpes Market is segmented based on drug, route of administration distribution channel and region.

Increasing Herpes patients which is the major factor driving growth of the global market

North America is likely to dominate the genital herpes market because of the rising frequency of herpes simplex virus infections.

Some of the companies which are currently dominating the market are Teva Pharmaceuticals Inc., Apotex Inc., Mylan Pharmaceuticals Inc., Epi Health LLC, Zydus Pharmaceuticals, GlaxoSmithKline LLC, Carlsbad Tech, Avet Pharmaceuticals Inc., Glenmark Pharmaceuticals Inc. and Fresenius Kabi.