PUBLISHER: The Business Research Company | PRODUCT CODE: 1704452
PUBLISHER: The Business Research Company | PRODUCT CODE: 1704452
Genital warts, also known as condylomata acuminata, are sexually transmitted infections caused by specific strains of the human papillomavirus (HPV). These warts typically manifest as small growths or clusters of bumps in or around the genital and anal areas. They can vary in size and shape, may be raised or flat, and often have a cauliflower-like appearance. Although generally painless, genital warts can lead to itching, discomfort, or bleeding during sexual intercourse.
The primary medications for treating genital warts include imiquimod, podophyllin, podofilox, and trichloroacetic acid. Imiquimod is a topical cream that works by stimulating the immune system to combat HPV-related warts. Treatment options also encompass chemical treatments, ablative treatments, preventive treatments, and other therapeutic approaches. These treatments are used by both females and males in various settings, such as hospitals, clinics, and home care environments.
The genital warts market research report is one of a series of new reports from The Business Research Company that provides genital warts market statistics, including genital warts industry global market size, regional shares, competitors with a genital warts market share, detailed genital warts market segments, market trends and opportunities, and any further data you may need to thrive in the genital warts industry. This genital warts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The genital warts market size has grown strongly in recent years. It will grow from $1.97 billion in 2024 to $2.08 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to the focus on patient-centered care, growing emphasis on early detection and treatment, increasing availability of therapies developed for self-target applications, and the increase in clinical trials and recurrence of genital warts.
The genital warts market size is expected to see strong growth in the next few years. It will grow to $2.57 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to the adoption of telemedicine and digital health platforms for remote consultation and treatment monitoring, growing demand for effective and affordable treatments for STIs, the emerging popularity of loop electrosurgical excision procedures, the escalating demand for interferon alfa-n3 injection and increasing availability of therapies. Major trends in the forecast period include advancements in diagnostic technologies, a shift towards combination therapies, expansion of telehealth and online consultations, emergence of novel therapeutic targets, and expansion in emerging markets.
The rising prevalence of sexually transmitted infections (STIs) is expected to drive growth in the genital warts market. STIs, transmitted primarily through sexual contact such as vaginal, anal, and oral sex, are caused by bacteria, viruses, or parasites. The increase in STI prevalence is attributed to higher sexual activity, insufficient use of protection, and limited access to education and healthcare. Genital warts, a common STI, are caused by specific strains of human papillomavirus (HPV) and spread through direct skin-to-skin contact during sexual activity. For example, the Joint United Nations Programme on HIV/AIDS, based in Switzerland, reported in October 2023 that HIV infections rose from 38.7 million in 2021 to 39.0 million in 2022, with 1.3 million new infections in 2022. This growing prevalence of STIs is fueling the expansion of the genital warts market.
Companies in the genital warts market are focusing on developing innovative treatment options, such as new dermatology drugs, to address the needs of patients with genital warts. Dermatology drugs are newly developed pharmaceuticals aimed at treating various skin conditions, including genital warts. For instance, in March 2023, Verrica Pharmaceuticals Inc., a US-based dermatology company, received New Chemical Entity (NCE) status from the FDA for its drug candidate YCANTH. YCANTH, which has completed phase 2 trials, is being developed to treat genital warts and will benefit from at least five years of protection from generic competition due to its NCE status.
In April 2024, Endo, Inc., a US-based pharmaceutical company specializing in generics and specialty-branded products, acquired Endo International plc for an undisclosed amount. This acquisition aims to bolster Endo, Inc.'s portfolio in both generic and specialty pharmaceuticals, enhancing its ability to support patients and healthcare providers. Endo International plc is also a US-based company specializing in generics and specialty-branded pharmaceuticals.
Major companies operating in the genital warts market are Merck & Co.Inc., AbbVie Inc, Sanofi S.A, Novartis AG, 3M Company, Teva Pharmaceutical Industries Ltd, Bausch Health Companies Inc, Sun Pharmaceuticals, Perrigo Company plc, Glenmark Pharmaceutical Inc, Taro Pharmaceutical Industries Ltd, Serum Institute of India Pvt. Ltd., ANI Pharmaceuticals Inc, Ligand Pharmaceuticals Incorporated, Orgenesis Inc, Verrica Pharmaceuticals Inc, CryoConcepts LP, CryoIQ global AB, Cassiopea Inc, Aresus Pharma Inc.
North America was the largest region in the genital warts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the genital warts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the genital warts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The genital warts market consists of revenues earned by entities by providing services such as medical consultations, diagnostic testing, treatment procedures, follow-up care, and patient education programs. The market value includes the value of related goods sold by the service provider or included within the service offering. The genital warts market also includes sales of topical treatments, cryotherapy devices, surgical instruments, immune response modifiers, and antiviral medications. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Genital Warts Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on genital warts market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for genital warts ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The genital warts market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
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