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Herpangina Treatment Market Growth to $2.47 Billion by 2028 Driven By Technological Innovations

04-26-2024 06:21 PM CET | Health & Medicine

Press release from: The Business Research Company

Herpangina Treatment Market Report

Herpangina Treatment Market Report

The herpangina treatment market size has grown strongly in recent years. It will grow from $1.76 billion in 2023 to $1.88 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to viral outbreaks and prevalence, pediatric population growth, healthcare infrastructure development, public health awareness programs, clinical research and treatment advancements.

The herpangina treatment market size is expected to see strong growth in the next few years. It will grow to $2.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to emerging viral strains, increasing focus on pediatric health, international health regulations, technological innovations in diagnostics, healthcare access improvements. Major trends in the forecast period include development of topical therapies for oral lesions, integration of telemedicine for diagnosis and consultation, enhanced patient education and awareness programs, collaborations for clinical trials and research, global health preparedness initiatives.

Market Overview -
Herpangina treatment refers to a treatment of viral illness that usually affects youngsters, creating painful sores or ulcers on the tonsils and back of the throat. The treatment is used for managing symptoms and supporting the body's natural healing process, as herpangina is a viral infection that typically resolves on its own without specific antiviral medications.

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Growing Prevalence Of Herpangina Treatment Fuels The Growth Of The Herpangina Treatment Market
The rise in prevalence of the herpangina is expected to propel the growth of the herpangina treatment market going forward. Herpangina is a viral illness that usually affects youngsters, creating painful sores or ulcers on the tonsils and back of the throat caused by coxsackievirus and enteroviruses. Herpangina therapy helps to reduce the severity of herpangina symptoms such as blisters, high fever, discomfort in the mouth or throat, drooling, and loss of appetite. For instance, in September 2022, according to the National Library of Medicine, a US-based biomedical library operated by the federal government stated that in China, the incidence of Coxsackievirus (Cox A16) cases increased to 1.09 cases (1/100,000) in 2021 compared to 2020. Further, the incidence of other enterovirus cases increased to 4.73 cases (1/100,000) in 2021 from 4.46 cases (1/100,000) in 2020. Therefore, the increasing incidence of herpangina is driving the growth of the herpangina treatment market.

Competitive Landscape -
Major companies operating in the herpangina treatment market report are Gilead Sciences Inc., Johnson and Johnson Services Inc., Merck & Co. Inc., Pfizer Inc., AbbVie Inc., Vertex Pharmaceuticals Incorporated, Sanofi S.A, Novartis AG, Mitsubishi Tanabe Pharma Corporation, F. Hoffmann-La Roche AG, Bristol Myers Squibb Company, Takeda Pharmaceutical Company Limited, AstraZeneca plc, Bausch Health Companies Inc., Mylan N.V., GlaxosmithKline plc, Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Lupin Limited, Dr. Reddy's Laboratories Ltd., Cipla Limited, Cadila Healthcare Limited, Glenmark Pharmaceuticals Ltd., Torrent Pharmaceuticals Ltd., Alkem Laboratories Ltd., Alembic Pharmaceuticals Ltd., Hetero Drugs Limited, Macleods Pharmaceuticals Ltd., Intas Pharmaceuticals Ltd., Jubilant Life Sciences Ltd.

Advancements In Herpangina Treatment With A Focus On Aphthous Stomatitis
Development of treatments for herpangina diseases such as aphthous stomatitis is a key trend gaining popularity in the herpangina treatment market. Major companies operating in herpangina treatment are developing therapies for relieving pain for people suffering from recurrent mouth ulcers. For instance, in September 2022, Mucocort, a Sweden-based healthcare company that develops oral patches, signed a deal with Aurena Laboratories AB, a Sweden-based medical technology company, and created a unique self-absorbing pain relief patch. This unique patch treatment helps people suffering from recurrent mouth ulcers and aphthous stomatitis to relieve their pain and speeds up the natural healing process of the aphthous ulcer.

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Key Segments -
The herpangina treatment market covered in this report is segmented -
1) By Treatment: Topical Anesthetics, Ibuprofen Or Acetaminophen, Other Treatments
2) By Virus: Coxsackie Virus A, Coxsackie Virus B, Enterovirus 71, Echovirus
3) By Symptoms: High Fever, Sore Throat, Blisters Or Ulcers In The Throat Mouth, Difficulty Swallowing, Loss Of Appetite, Neck Pain, Swollen Lymph Glands, and Headache
4) By End User: Hospitals, Homecare, Specialty Clinics, Other End-Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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