Market Dynamics: In 2021, the global market for human papillomavirus (HPV) treatment exhibited substantial strength, and it is projected to experience rapid revenue growth throughout the forecast period. HPV stands as the most prevalent viral infection of the reproductive system, affecting the majority of sexually active individuals at some point in their lives, with potential for multiple infections. Fortunately, over 90% of those infected eventually recover. Immunocompromised individuals, whose numbers increased during the COVID-19 pandemic, have contributed to market revenue growth due to heightened susceptibility to chronic HPV infections and associated illnesses. Nevertheless, the high cost of treatment and limited availability may impede the growth of the global HPV treatment market.
Competitive Landscape: Organic and inorganic strategies have been adopted by companies in the HPV treatment market. Some examples include:
- Orgenesis Inc’s acquisition of Tamir Biotechnology, Inc., including Ranpirnase.
- A partnership and licensing agreement between Verrica Pharmaceuticals Inc. and Torii Pharmaceutical Co., Ltd. for the development and marketing of a topical formulation of cantharidin.
- An exclusive licensing agreement between Bio Frontera AG and Maruho Co, Ltd for the development and marketing of Ameluz in East Asia and Oceania.
Major Companies in the Market Include:
- Pfizer Inc.
- Merck & Co., Inc.
- Cipla Ltd.
- GlaxoSmithKline
- Mylan N.V.
- Hoffmann-La Roche Ltd
- Allergan plc
- AstraZeneca plc
- Biocon Ltd.
- Eli Lilly and Company
- Novan Inc.
Get a sample copy of the Human Papillomavirus Treatment Market report: https://www.reportsanddata.com/download-free-sample/5446
HPV encompasses more than 200 related viruses, including those transmitted through sexual activity. These viruses are categorized into low-risk and high-risk types based on their sexual transmission potential. HPV infections typically occur shortly after the initiation of sexual activity, as the virus primarily spreads through sexual contact.
Opportunities: The increasing focus on research and development in pharmaceuticals for efficient and targeted HPV treatment is driving market expansion. The Division of Cancer Epidemiology and Genetics (DCEG) conducts research into cervical and other HPV-related cancers to advance understanding of how HPV causes cancer. This research includes evaluating screening practices to detect precancerous changes early and developing and testing new screening methods for easier use in low-resource settings. It also works on improving tools for risk assessment in clinical settings for monitoring patients diagnosed with cancer.
Geographic Market Scenario: Largest Market Share: North America is expected to hold the largest revenue share over the forecast period. This is attributed to the introduction of new treatment options in the region, increased healthcare spending, and the availability of treatment choices. Furthermore, growing awareness of the disease has contributed to revenue growth in the region, making North America a key driver of the HPV treatment market’s revenue growth.
Fastest Growing Region: Asia Pacific is anticipated to experience a significant revenue compound annual growth rate (CAGR) over the forecast period. This growth is driven by the growing geriatric population in countries like China and India, along with the presence of generic manufacturers and the expansion of healthcare facilities in the region.
Key Market Trends and Innovations:
- A phase IV trial examining the efficacy of one or two doses of the HPV vaccine in preventing infection is ongoing since November 2017.
- A prospective clinical trial is underway to assess the effectiveness of nonavalent HPV vaccination in adults before kidney transplantation, with completion expected in December 2022.
What Our Report Provides and Why Our Offering Is Better: This report provides historical data, forecasts, and revenue growth at global, regional, and country levels. It offers analysis of industry trends, consumption patterns, and market strategies for different regions, countries, and segments from 2019 to 2030. The report also includes insights into industry analysis, competitive landscapes, company financials, and impact analysis.
End-Use Outlook (Revenue, USD Billion; 2019-2030):
- Hospital Pharmacies
- Retailer Pharmacies
- Online Pharmacy Stores
Type Outlook (Revenue, USD Billion; 2019-2030):
- Low Risk Human Papillomavirus
- High Risk Human Papillomavirus
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030):
- Online
- Offline
Route of Administration Outlook (Revenue, USD Billion; 2019-2030):
- Oral
- Parenteral
- Others
Treatment Outlook (Revenue, USD Billion; 2019-2030):
- Ceravix
- Gardasil
- Antimetabolites
- Intralesional Injections
Dosage Form Outlook (Revenue, USD Billion; 2019-2030):
- Tablets
- Topicals
- Injections
Regional Outlook (Revenue, USD Billion; 2019-2030):
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of Middle East & Africa
Explore Trending Reports:
Kraft Paper Market-https://www.globenewswire.com/en/news-release/2021/04/08/2206508/0/en/Kraft-Paper-Market-Size-Worth-22-38-Billion-in-2028-CAGR-of-3-5-Reports-And-Data.html
Aesthetic Medicine Market-https://www.globenewswire.com/news-release/2019/05/07/1818691/0/en/Global-Aesthetic-Medicine-Market-To-Reach-USD-24-00-Billion-By-2026-Reports-And-Data.html
Brain-Computer Interface Market-https://www.globenewswire.com/news-release/2019/07/22/1885929/0/en/Brain-Computer-Interface-Market-To-Reach-USD-2-67-Billion-By-2026-Reports-And-Data.html
Viral Vector and Plasmid DNA Manufacturing Market-https://www.globenewswire.com/news-release/2019/09/30/1922714/0/en/Viral-Vector-and-Plasmid-DNA-Manufacturing-Market-To-Reach-USD-2-493-80-Million-By-2026-Reports-And-Data.html
Request a customization of the report: https://www.reportsanddata.com/request-customization-form/5446
Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
(Head of Business Development)
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
Blogs | Press Release | Industry News | Our competencies
Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports
Browse More Latest Reports @ https://www.reportsanddata.com/report
Browse Latest Blogs: https://www.reportsanddata.com/blogs
Browse Latest Press Release: https://www.reportsanddata.com/press-release
Human Papillomavirus Treatment Market, CIN and HR-HPV Treatment Market