According to the latest report compiled by Variant Market Research, the global uveitis treatment market is projected to reach $1,142 Million by 2024, from $638 Million in 2016; at a CAGR of 7.5% from 2016 to 2024.
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Expansion of generic drug market to drive the global uveitis treatment market
The global uveitis treatment market is driven by factors such as growing incidences of uveitis disease, expansion of generic drug market, and rising R&D investments. Possibility of side effects caused by medication, and high costs may hamper the market growth. Furthermore, new product development and rising consumer awareness would provide an opportunity for market players of uveitis treatment market.
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The global uveitis treatment market is classified into by type, by treatment type, and by geography. Type segment includes anterior uveitis, intermediate uveitis, posterior uveitis, and panuveitis. Further, anti-inflammatory medications, immunosuppressive medications, and antibiotic/antiviral medications are covered under the treatment type sub segment. North America (U.S., Canada, and Mexico), Europe (UK, Germany, Russia, France, Italy, and Rest of Europe), Asia-Pacific (China, South Korea, Japan, and Rest of Asia-Pacific) and Rest of World (Middle East, South America, and Africa) are the key geographical regions are included in the global uveitis treatment market.
Anterior uveitis, by type, is estimated to dominated the global market in 2016
Anterior uveitis held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024.
Anti-inflammatory medications, by treatment type, is estimated to dominated the global market in 2016
Anti-inflammatory medications held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024.
Asia-Pacific is estimated to witness fastest CAGR from 2016 to 2024
Asia-Pacific is predicted to grow at a fastest CAGR over the forecast period 2016 to 2024. The growth is attributed to increasing number of elderly population, and rise in number of people suffering from autoimmune disorders.
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The key market players of the market are EyeGate Pharmaceuticals Inc., Novartis AG (ALCON), Alimera Sciences Inc., AbbVie Inc., pSivida Corp., Allergan Inc., Amdipharm Mercury Company Ltd., Bausch & Lomb Incorporated., Valeant Pharmaceutical International Inc., and Santen pharmaceutical Co., Ltd., among others.
Scope of Uveitis Treatment Market
- Anterior Uveitis
- Posterior Uveitis
- Intermediate Uveitis
Treatment Type Segment
- Anti-Inflammatory Medications
- Antibiotic/Antiviral Medications
- Immunosuppressive Medications
- North America
- South Korea
- South America
- Middle East
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