Herpes Simplex Keratitis Treatment Industry is expected to grow at a 6.1% CAGR, reaching a valuation of US$ 8,022.9 Million, according to the FMI study

Global herpes simplex keratitis treatment industry in 2022 was US$ 4,237.2 million and is estimated to be US$ 4,442.2 million in 2023. Future Market Insights has mentioned in its reports that the herpes simplex keratitis treatment industry will expand at a CAGR of 6.1% between 2023 and 2033, totaling around US$ 8,022.9 million by 2033.

The growth of the market studied has been largely attributed to factors, like the growing burden of herpes simplex virus infections including genital herpes, and increasing research and development activities. Such factors lead to an increase in demand for herpes simplex virus treatment.

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Boost in research and development activities contributes a major market growth as there is high potential in the herpes simplex virus treatment industry that owes to the huge burden of HSV infections on the healthcare systems around the world that leads to huge investments in the research and development of effective therapeutics for the infections which are anticipated to boost the growth of the market during the forecast period.

Key Takeaways from the Market Study:

• Global herpes simplex keratitis treatment industry grew at a CAGR of 3.9% between 2017 and 2022.
• Global herpes simplex keratitis treatment industry expanded at a CAGR of 3,493.5 million in 2017.
• North America is projected to remain at the forefront by procuring the lucrative herpes simplex keratitis treatment industry share of 34.7%.
• United States is a leading factor that is likely to propel the market with a value share of 32%.
• China is forecasted to expand at a CAGR of 7.8% from 2023 to 2033
• India is forecasted to expand at a 7.1% CAGR from 2023 to 2033

“Increasing miniaturization of light sources and video processing qualities is one of the major drivers of the herpes simplex keratitis treatment market”, comments a Future Market Insights analyst.

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Competitive Analysis:

Based on the product type, the global herpes simplex keratitis treatment market is segmented into Colonoscopes, gastrointestinal endoscopes, endoscopes, bronchoscopes, cystoscopies, laparoscopes, and others. Based on the end user, the global mobile endoscopic workstation market is segmented into hospitals, ambulatory surgical centers, specialized clinics, and diagnostic laboratories.

• In January 2023, Cipla has readied to scale up in peptide injectables with five filings in the United States and geared for upcoming high-value launches for generic versions of Advair, Revlimid, and Abraxane. The company is also explored partnering opportunities for monkeypox.
• In December 2022, Cipla announced that technologies such as process analytical technology, and continuous flow reactors for process development among others have been used in the API development process. Using the principles of quality by design, incorporating the design of experiments (DOE), they are consistently developing robust and cost-effective processes. API Research and Development has been dedicated oncology and polypeptide development labs.

Key Companies Profiled:

• GlaxoSmithKline
• Vectans Pharma
• Blistex
• Bausch Health
• Aurobindo Pharma
• Dr. Reddy’s Laboratories
• Cipla
• Jubilant Cadista
• Mylan
• Novartis International AG

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Key Segments Profiled in the Herpes Simplex Keratitis Treatment Industry Survey:

By Drug:

• Famciclovir
• Valacyclovir
• Acyclovir
• Other Drugs

By Route of Administration:

• Topical
• Injection
• Oral

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia & Pacific
• East Asia
• The Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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