Segments - Herpes Simplex Keratitis Treatment Market by Drug (Famciclovir, Valacyclovir, Acyclovir, and Others), Route of Administration (Topical, Injection, and Oral), Distribution Channel (Hospital Pharmacy, Drug Stores, Retail Stores, and Online Pharmacy), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2024 – 2032
The global herpes simplex keratitis treatment market size was USD 6743.2 Million in 2023 and is likely to reach USD 11686.0 Million by 2032, expanding at a CAGR of 6.3% during 2024–2032. The market growth is attributed to the increasing incidence of herpes simplex keratitis and advances in treatment options.
Herpes simplex keratitis is a type of eye infection caused by the herpes simplex virus (HSV). It is a common complication of HSV infection, which causes inflammation and damage to the cornea, the clear layer at the front of the eye.
According to a study published in IntechOpen Limited, the estimated global incidence of HSV keratitis is roughly 1.5 million, including 40,000 new cases of each year.
Treatment for Herpes Simplex Keratitis typically involves a combination of antiviral medications, such as acyclovir, valacyclovir, and famciclovir, and other medications to manage symptoms and prevent complications. Gene therapy, which involves using genes to prevent the virus from replicating, and stem cell therapy, which uses stem cells to repair damaged corneal tissue, are promising new approaches.
Antiviral eye drops such as trifluridine and vidarabine, oral antiviral medications such as acyclovir and valacyclovir, and combination therapy, which involves using a combination of antiviral medications and other medications, are being studied as potential treatments. Additionally, personalized medicine, which involves tailoring treatment to an individual's specific needs and characteristics, is being explored as a potential approach to treating Herpes Simplex Keratitis.
Artificial Intelligence helps in tailoring treatment plans to individual patients based on their specific needs and medical history, leading to more effective and efficient treatment. AI analyze patient data and medical records to predict the likelihood of Herpes Simplex Keratitis recurrence, enabling healthcare providers to take proactive measures to prevent or manage the condition.
AI-powered treatment plans lead to improved patient outcomes, reducing the risk of complications and improving quality of life. AI-powered educational resources provide patients with accurate and timely information about their condition, improving patient education, and empowerment.
Increasing incidence of Herpes Simplex Keratitis is driving the demand for effective treatment options. Furthermore, the growing awareness of the condition and increasing research and development is expected to fuel the global market during the forecast period. Advances in treatment options, such as antiviral medications and surgical procedures, are driving the demand for effective treatment.
Availability of limited treatment options is expected to hinder the global market during the forecast period. Moreover, the high cost of treatment is restraining the market. The stigma associated with Herpes Simplex Keratitis leads to delayed diagnosis and treatment and limits the development of new treatment options.
Development of novel antiviral medications and treatment options is expected to emerge as a major opportunity in the market. Advances in surgical techniques and minimally invasive procedures are expected to emerge as a major opportunity in the market. Additionally, advances in diagnostic technology, such as PCR and ELISA, are expected to emerge as a major opportunity in the market.
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Herpes Simplex Keratitis Treatment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2023 |
Historic Data |
2017–2022 |
Forecast Period |
2024–2032 |
Segmentation |
Drug (Famciclovir, Valacyclovir, Acyclovir, and Others), Route of Administration (Topical, Injection, and Oral), Distribution Channel (Hospital Pharmacy, Drug Stores, Retail Stores, and Online Pharmacy) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
Aurobindo Pharma; Bausch Health; Blistex; Cipla; Dr. Reddy's Laboratories; GlaxoSmithKline; Jubilant Cadista; Mylan; Novartis International AG; United BioPharma; and Vectans Pharma |
In terms of region, the global herpes simplex keratitis treatment market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific dominates the global market in 2023 owing to the large patient population. Moreover, the governments in the Asia Pacific are implementing initiatives to improve healthcare infrastructure and increase access to healthcare services, which is driving the demand for Herpes Simplex Keratitis treatment, driving the regional market.
The market in North America is projected to grow at a significant pace in the coming owing to the high prevalence of herpes simplex virus. Furthermore, North America has a high healthcare expenditure, driving the demand for herpes simplex keratitis treatment. Additionally, growing awareness about the importance of eye health and high need for timely treatment of Herpes Simplex Keratitis is fueling the market in North America.
Based on drug, the herpes simplex keratitis treatment market is divided into famciclovir, valacyclovir, acyclovir, and others. The acyclovir segment held the largest share in the global market in 2023 owing to its strong track record. Acyclovir has been shown to be highly effective in treating herpes simplex keratitis, with a high rate of success in reducing the severity and duration of the condition, propelling the segment.
The valacyclovir segment is anticipated to expand at a substantial CAGR during the forecast period due to its effectiveness in treating herpes simplex keratitis. Moreover, the valacyclovir is available in a convenient once-daily dosing regimen, making it easy for patients to adhere to their treatment regimen, thus driving the segment.
On the basis of route of administration, the global market is segregated into topical, injection, and oral. The oral segment is anticipated to register a considerable CAGR during the predicted period owing to the ease of administration. Additionally, oral medications are often less expensive than topical or injectable medications, making them a cost-effective option for patients.
The injection segment is projected to register a robust growth during the assessment years owing to the increasing demand for biologics, vaccines, and other injectable medications. Furthermore, the development of advanced delivery systems, such as prefilled syringes and auto-injectors, has made it easy to administer injectable medications, thus boosting the segment.
On the basis of distribution channel, the herpes simplex keratitis treatment market is segmented into hospital pharmacy, drug stores, retail stores, and online pharmacy. The hospital pharmacy segment registers a robust growth rate in 2023 due to the wide range of products that it offers. Additionally, hospital pharmacists have specialized knowledge and training in pharmaceuticals, which enables them to provide expert advice and guidance to patients and healthcare professionals, thus driving the segment.
The retail stores segment is expected to expand at a significant pace over the projection period due to the rising demand for affordable healthcare. Furthermore, the retail stores typically carry a wide range of products, including over-the-counter medications and other healthcare products, which may be useful for patients with herpes simplex keratitis, thus fueling the segment.
The herpes simplex keratitis treatment market has been segmented on the basis of
Key players competing in the global herpes simplex keratitis treatment market are Aurobindo Pharma; Bausch Health; Blistex; Cipla; Dr. Reddy's Laboratories; GlaxoSmithKline; Jubilant Cadista; Mylan; Novartis International AG; United BioPharma; and Vectans Pharma.
In October 2021, United BioPharma partnered with Shanghai Public Health Clinical Centre to study the effectiveness of UB-621, a best-in-class long-acting drug for genital herpes caused by simplex viruses 1 and 2 (HSV 1 and HSV2).