Molluscum contagiosum is a relatively common viral infection of the skin that most often affects children. The firm bumps (papules) are painless and disappear within a year without treatment. If the papules are scratched or injured, the infection can spread to surrounding skin.
Though common in children, it affects adults as well. In adults, molluscum contagiosum may appear on the genitals and is considered a sexually transmitted disease (STD) in this area. The disorder may be seen in adults with an altered immune system.
Molluscum contagiosum spreads through direct person-to-person contact and through contact with contaminated objects. Because it spreads easily, doctors often recommend medical treatment, especially for adults.
For people with a normal immune system, molluscum contagiosum resolves without treatment within six to 18 months. It may take longer for children whose immune systems aren't fully developed.
Because molluscum spreads easily, doctors often recommend medical treatment, especially for adults. Treatment may include removal of the papules by:
Scraping or curettage
Surgical removal
Freezing (cryotherapy)
Laser therapy
Medications used to remove warts also may be helpful in removing the papules.
Although molluscum contagiosum typically doesn't cause itching, some people develop dermatitis or eczema around the papules. Treatment for itching caused by dermatitis may include over-the-counter 1 percent hydrocortisone creams or ointments, or prescription topical steroids. However, these medications should be applied only to the areas of dermatitis and not the molluscum papules.
The disorder may be progressive and more extensive for people with certain skin disorders such as atopic eczema or for those with weakened immune systems, such as those with AIDS. People with weakened immune systems should seek professional treatment for molluscum contagiosum.
This is what MayoClinic.com said. Hope this helps!