Market Overview:
The global wart remover market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of warts, rising awareness about available wart removal treatments, and growing demand for over-the-counter wart removal products. The global wart remover market is segmented on the basis of type into patch product, ointment product, liquid product, spay product, and others. The ointment product segment is expected to dominate the global wart remover market during the forecast period owing to its high efficacy in removing warts and ease of use. On the basis of application, hospitals are expected to account for a major share of the global wart remover market during the forecast period owing to increasing incidence rates of warts and availability of advanced treatment options such as laser therapy and cryotherapy. However, clinics are also anticipated to witness significant growth in this market due their lower costs as compared with hospitals and rising preference for non-invasive procedures among patients.
Product Definition:
A wart remover is a product used to remove warts. Wart removers vary in composition, but typically contain an acid that dissolves the wart tissue. They may also contain other ingredients, such as salicylic acid, which helps to break down the keratin in the wart and encourages new skin growth.
Patch Product:
Patch product is a topical solution used to treat skin conditions such as warts, psoriasis and eczema. It's also used for the treatment of acne rosacea. The main ingredient in patch products is zinc oxide which has anti-inflammatory properties that help reduce redness & swelling and calms down itching sensation.
Ointment Product:
Ointment product is a topical medication used for the treatment of skin diseases and infections. It contains active ingredients such as corticosteroids, anesthetics, emollients, and moisturizers which are absorbed by the skin to provide relief from itching or pain. Ointments are available in different forms such as creams, gels or liquids that can be applied directly to the affected area.
Application Insights:
Based on the application, the global wart remover market is segmented into hospitals, clinics and online sales. The hospitals segment dominated the overall industry in terms of revenue in 2017. This can be attributed to factors such as presence of prominent manufacturers with extensive distribution channels and a large number of healthcare facilities at which their products are used for various purposes. For instance, Dermabond¢â‚¬â„¢s hospital product line includes Dermalogica Wart Remover Patch & Ointment as well as Epidermabrasion System with Intense Pulsating Electronic Nerve Stimulator (IPENES).
The clinics application segment is expected to witness lucrative growth over the forecast period owing to increasing awareness about preventative measures against common skin disorders among children and adults coupled with rising demand for home treatment methods that do not require professional medical assistance during use.
Regional Analysis:
North America dominated the global market in 2017. The presence of key players, availability of advanced technologies and high adoption rate for new products are some factors responsible for its large share. Moreover, increasing cases of skin cancer have led to an increase in demand for wart removal therapies, thereby boosting the growth. For instance, according to statistics published by American Cancer Society in 2018, more than 2 million people were diagnosed with invasive bladder cancer and over 600 thousand died due to it in U.S., during the period from 2011 to 2015 which is a significant factor driving regional growth.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising disposable income coupled with growing awareness about available treatment options especially those based on natural ingredients among patients seeking medical assistance for warts removal treatments at private hospitals as well as clinics’ outpatient departments across countries such as India.
Growth Factors:
- Increasing incidence of warts: The incidence of warts is increasing day by day due to various reasons such as change in lifestyle, lack of hygiene, and others. This is driving the wart remover market growth.
- Growing awareness about wart removal treatments: There is a growing awareness among people about the different types of wart removal treatments available in the market. This is propelling the growth of the wart remover market.
- Technological advancements in wart removal treatments: The technological advancements in wart removal treatments are helping to provide better results with fewer side effects. This is fuelling the growth of the global wart remover market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wart Remover Market Research Report
By Type
Patch Product, Ointment Product, Liquid Product, Spay Product, Others
By Application
Hospitals, Clinics, Online Sales
By Companies
Dr. Scholl's, Rite Aid, Medigene, Hemispherx Biopharma, Cassiopea, Inc, Almirall, Medtech Laboratories, Compound W, Wartner, Pronova Laboratories BV, Koninklijke Utermohlen NV
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Wart Remover Market Report Segments:
The global Wart Remover market is segmented on the basis of:
Types
Patch Product, Ointment Product, Liquid Product, Spay Product, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Online Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dr. Scholl's
- Rite Aid
- Medigene
- Hemispherx Biopharma
- Cassiopea, Inc
- Almirall
- Medtech Laboratories
- Compound W
- Wartner
- Pronova Laboratories BV
- Koninklijke Utermohlen NV
Highlights of The Wart Remover Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Patch Product
- Ointment Product
- Liquid Product
- Spay Product
- Others
- By Application:
- Hospitals
- Clinics
- Online Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wart Remover Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wart Remover is a topical medication that is used to remove warts.
Some of the key players operating in the wart remover market are Dr. Scholl's, Rite Aid, Medigene, Hemispherx Biopharma, Cassiopea, Inc, Almirall, Medtech Laboratories, Compound W, Wartner, Pronova Laboratories BV, Koninklijke Utermohlen NV.
The wart remover market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wart Remover Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Wart Remover Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wart Remover Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Wart Remover Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Wart Remover Market Size & Forecast, 2020-2028 4.5.1 Wart Remover Market Size and Y-o-Y Growth 4.5.2 Wart Remover Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Patch Product
5.2.2 Ointment Product
5.2.3 Liquid Product
5.2.4 Spay Product
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Online Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wart Remover Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wart Remover Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Patch Product
9.6.2 Ointment Product
9.6.3 Liquid Product
9.6.4 Spay Product
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Online Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Patch Product
10.6.2 Ointment Product
10.6.3 Liquid Product
10.6.4 Spay Product
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Online Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Patch Product
11.6.2 Ointment Product
11.6.3 Liquid Product
11.6.4 Spay Product
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Online Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Patch Product
12.6.2 Ointment Product
12.6.3 Liquid Product
12.6.4 Spay Product
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Online Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Patch Product
13.6.2 Ointment Product
13.6.3 Liquid Product
13.6.4 Spay Product
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Online Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wart Remover Market: Competitive Dashboard
14.2 Global Wart Remover Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dr. Scholl's
14.3.2 Rite Aid
14.3.3 Medigene
14.3.4 Hemispherx Biopharma
14.3.5 Cassiopea, Inc
14.3.6 Almirall
14.3.7 Medtech Laboratories
14.3.8 Compound W
14.3.9 Wartner
14.3.10 Pronova Laboratories BV
14.3.11 Koninklijke Utermohlen NV