An international Cold Sore Treatment market analysis report brings into focus the key market dynamics of the sector. A range of definitions and classification of the Pharmaceutical industry, applications of the Pharmaceutical industry and chain structure are given in the report. This market report offers an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. Cold Sore Treatment market is supposed to rise during the forecast period due to growing demand at the end user level. The data and insights from Cold Sore Treatment marketing report suggest that new highs will take place in the market in 2021-2028.
Data Bridge Market Research analyses that the cold sore treatment market was valued at USD 825.24 million in 2022 and is expected to reach USD 1,376.06 million by 2030, registering a CAGR of 6.60% during the forecast period of 2023 to 2030. ‘”Antiviral agents” dominates therapeutics type segment in the market as most of the cold are caused by common viral cold fever.
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Market Overview:
A cold sore is a fluid-filled blister that occurs on the lips or around the mouth. Fever blisters, oral herpes, and herpes labialis are all terms used to describe cold sores. Herpes simplex is the virus that causes them. Herpes simplex virus 1 is the most prevalent strain of the virus that causes cold sores. Antiviral ointments, including acyclovir and penciclovir, are applied on sores as part of the treatment. These may work for some people, but they are frequently ineffective. Antiviral oral drugs such as famciclovir, acyclovir and valacyclovir can help reduce the duration and severity of sores. Symptoms may be relieved by applying over-the-counter pain relievers to the sores (topical). Anti-inflammatory drugs could potentially be beneficial.
Recent Development
In July 2021, Devirex had announced the launch of lipivir. Devirex is beginning a new phase of development: what was developed in the lab will be gradually distributed to other markets. Lipivir(R) lip gel, which prevents cold sores, was accessible in pharmacies, drugstores, beauty spas, and online in early 2021 in Switzerland and Austria after hundreds of hours of creation, research, and analysis
Global Cold Sore Treatment Market Scope.
The cold sore treatment market is segmented on the basis of strain type, therapeutics type, drug type, dosage form, route of administration, end-users, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Some of the major players operating in the cold sore treatment market are:
- Pfizer Inc. (U.S.)
- GlaxoSmithKline plc (U.K.)
- Novartis AG (Switzerland)
- Mylan N.V. (U.S.),
- Teva Pharmaceutical Industries Ltd. (Israel)
- Sanofi (France)
- AstraZeneca (U.K.)
- Johnson & Johnson Private Limited (U.S.)
- Merck & Co., Inc. (U.S.)
- Hoffmann-La Roche Ltd. (Switzerland)
- Cipla Inc. (U.S.)
- Hologic, Inc. (U.S.)
- BD (U.S.)
- Bristol-Myers Squibb Company (U.S.)
- Gilead Sciences, Inc. (U.S.)
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