Global Conjunctivitis Drugs Market Information, by Conjunctivitis Type (viral, bacterial, allergic and others), by drug class (Antibiotics (Quinolones, Aminoglycosides, Macrolides and others), mast cell stabilizers, steroids and Others, by route of administration (Topical, Oral and Intra-vitreal), by end user (hospitals and self-administered) – Forecast till 2022
Market Research Future published a half-cooked research report on Global Conjunctivitis Drugs Market which is expected to grow at a CAGR of 3.1% from 2016 to 2022.
Market Highlights
Conjunctivitis is an inflammation of the conjunctiva caused by virus, bacteria, or as an allergic reaction to certain substances. The global conjunctivitis drugs market is anticipated to expand at a CAGR of approximately 3.1% over the forecast period which ends in 2022, asserts market Research Future (MRFR) in a recently published research report.
Bacterial and viral inflammation are the most common causes of conjunctivitis and is contagious which require treatment. Growing prevalence of viral and bacterial conjunctivitis is the preliminary factor contributing to the growth of the global conjunctivitis market.
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Raising awareness regarding the treatment options available for conjunctivitis is a crucial factor aiding the market growth. High awareness has been purveyed by efforts of various international organizations to spread awareness regarding the contagious nature of conjunctivitis and increased focus on eye care.
Other drivers include poor hygiene and lack of awareness regarding the same in developing countries. High unmet medical needs in the developing regions are one of the chief drivers of the market growth. The prevalence of conjunctivitis is surging in the developing regions due to lack of proper hygiene and lack of access to medical treatment options. Raising awareness and greater affordability due to a rise in disposable income further complements the scenario in the developing countries which creates a conducive environment for the growth of the global conjunctivitis market.
Key Players :
The global conjunctivitis drugs market has been evaluated to be growing and it is expected that it will touch high growth figures in future. The global conjunctivitis drugs market is expected to grow with CAGR of 3.1% in future. Market development and diversification into Asian Pacific market seems to have better strategy for the current situation.
- Akorn Pharmaceuticals,
- Alcon/ Novartis AG,
- Allergan Plc,
- Bausch & Lomb,
- Valeant Pharmaceuticals,
- Merck & Co. Inc.,
- Actavis Plc.,
- Pfizer Inc. and others.
Segments :
The global conjunctivitis drugs market has been segmented based on type, drug class, route of administration, and end users. By type, the market has been segmented into viral, bacterial, allergic and others types of the same. By drug class, the market has been segmented into antibiotics (quinolones, aminoglycosides, macrolides, and others), mast cell stabilizers, steroids, and others. By route of administration, the market has been segmented into topical, oral and intravitreal. By end users, the market has been segmented into hospitals and self-administered.
Regional Analysis :
The Americas, Europe, Asia Pacific, and the Middle East & Africa are the key markets for conjunctivitis drugs. The Americas dominate the global conjunctivitis drugs market followed by Europe. The market in the Americas is driven by high awareness regarding the disease and accessibility to advanced treatment options. A high number of ongoing clinical trials boosts the market growth in Europe. However, the market in developed regions such as the Americas and Europe are already matured, and growth in these markets have become stagnant. The developing countries store more potential for growth and will lead the market over the forecast period. The growth in the markets of Asia Pacific and the Middle East & Africa will be ushered by high unmet medical needs, raising awareness and growing prevalence of conjunctivitis in the regions.
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Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
TOC Continued…
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