Eye allergies affect a huge number of individuals each year also, are portrayed by an overcompensation of the immune system to an allergen through eating, touching or breathing it into the lungs. Eye allergies are one of the most common health problems across the globe. Approximately 50 million people have some or the other kind of eye allergy in US alone. Eye allergy are regularly joined by nasal allergy symptoms, for example, wheezing and sneezing, however can likewise happen alone. Allergens are found inside and outside. Grass, tree and wood dusts are the most widely recognized open air allergens, while the most basic indoor allergens incorporate pet hair (dander), clean bugs and molds.
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The eye allergy treatment market is expected to grow at a steady pace. The factors influencing the growth of the market include rising prevalence of numerous eye allergies are major driver for the market while some other factors like growing awareness, technological advancements, new therapies, and growing healthcare expenditure are also major driving influencing the global eye allergy treatment market.
The global eye allergy treatment market is expected to grow at the CAGR of ~5.2% during the forecast period and estimated to reach US$ 6845.3million by 2023.
Eye allergies are one of the most common health problems across the globe. Approximately 50 million people have some or the other kind of eye allergy in US alone. Some of the common eye allergy symptoms are redness, itching, and burning.
Increasing prevalence of various eye allergies are key driver for the market while some other factors like increasing awareness, technological advancements, new therapies, and increasing healthcare expenditure are also major driving forces of global eye allergy treatment market.
Key Players for Global Eye Allergy Treatment Market:
Some of the key players in this market are:
- Johnson & Johnson Vision Care, Inc. (US),
- Merck & Co., Inc. (US),
- Pfizer Inc. (US),
- Regeneron Pharmaceuticals, Inc. (US),
- Hoffmann-La Roche Ltd (Switzerland),
- ALLERGAN (Republic of Ireland),
- Novartis AG (Switzerland),
- Santen Pharmaceutical Co., Ltd.(Japan),
- Valeant (Canada)
- Shire (Republic of Ireland), and others.
Regional Analysis Of Global Eye Allergy Treatment Market:
Considering the global scenario of the market, the Americas dominate global market due to various factors such as large amount of money invested in R&D, new approvals for various dugs and medicine etc. European market is second largest and is expected to grow significantly during the forecast period. Due to rapidly developing healthcare facilities, rising healthcare expenditure, increasing investment in technology advancement, Asia Pacific region is the fastest growing in global eye allergy market. Middle East & Africa market is also growing but is expected to grow slower than the global average.
Segmentation Of Global Eye Allergy Treatment Market:
On the basis of end user, it is segmented into eye hospitals & clinics, medical institutes, research centers, and others.
Global Eye Allergy Treatment market has been segmented on the basis of type which comprise seasonal and perennial allergic conjunctivitis, vernal keratoconjunctivitis, atopic keratoconjunctivitis, contact allergic conjunctivitis, giant papillary conjunctivitis, and others. Vernal keratoconjunctivitis includes palpebral, limbal, corneal, and others.
On the basis of treatment, the market has been segmented into medication, allergy shots (immunotherapy), and others. Medication includes artificial tears, decongestants, oral antihistamines, antihistamine/mast-cell stabilizers, corticosteroids. Decongestants are further sub-segmented into with or without antihistamines. Allergy shots (immunotherapy) is sub-segmented into Subcutaneous Immunotherapy Treatment (SCIT) and Sublingual Immunotherapy Treatment (SLIT).
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Detailed Table of Contents:
1. Report Prologue
2.2 Scope Of The Study
2.2.1 Research Objective
2.3 Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
10. Competitive Landscape
11. Company Profile
13.1 Key Findings
13.1.1 From CEO’s Viewpoint
13.1.2 Unmet Needs Of The Market
13.2 Key Companies To Watch
13.3 Prediction Of Eye Allergy Treatment Market
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