Conjunctivitis Drugs Market is valued at USD 4270.0 Million in 2021 and expected to reach USD 5432.6 Million by 2028 with a CAGR of 3.5% over the forecast period.
Poor hygienic conditions and low awareness among people of developing and underdeveloped countries about conjunctivitis boost the market growth.
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Scope of Global Conjunctivitis Drugs Market Report: –
Conjunctivitis is an eye-related disease especially found and spreads in children. Conjunctiva is a layer of tissues that is transparent and lines the inner surface of the eyelid and covers the white part of the eye which becomes red or pink and gets swollen in conjunctivitis. It can be caused by bacteria and viruses and get spread easily from person to person but not that much risky for health if get treated properly. Rare but risky conjunctivitis can transmit because of Gonorrhea via bacteria. In adults, Chlamydia can cause this disease. The main reasons behind the disease are bacteria or viruses, fungi, amoebas, parasites, shampoos, dirt, smoke, pool chlorine, and some allergic reaction causing factors pollen grains can also transfer conjunctivitis. Some common types of conjunctivitis are viral strains that are most contagious and common, leading to teary eyes and watery discharge.
Conjunctivitis Drug Companies
- Akorn Pharmaceuticals
- Alcon/ Novartis AG
- Allergan Plc
- Bausch & Lomb
- Valeant Pharmaceuticals
- Merck & Co. Inc.
- Actavis Plc.
- Pfizer Inc.
- others.
Conjunctivitis Drugs Market Segmentation:
By Type:
- Viral
- Allergic
- Bacterial
- Others
By Drug Class:
- Antibiotics
- Quinolones
- Aminoglycosides
- Others
- Steroids
- Mast cell stabilizers
- others
By Route of Administration:
- Oral
- Topical
- Intra-vitreal
By End-User:
- Hospitals
- Self-administered
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Market Dynamics –
Around 5 million cases of bacterial conjunctivitis are registered every year. Initiatives are taken by the healthcare institutions to spread awareness among people for the treatment of conjunctivitis in developing and underdeveloped countries increase the demand for conjunctivitis drugs and foster market growth. The health conditions of the developing and underdeveloped countries are poor and have a lack of awareness which leads to infectious diseases. Also, the rising focus of the healthcare sector on eye care reciprocating in a positive way. The rise in healthcare expenditure and the contagious/ spreading characteristic of the disease have strongly supplemented the growth of the drugs market. However, the process of drug making for conjunctivitis is very complicated which may hamper the market growth. Moreover, for viral conjunctivitis, no drug is available currently. Powerful investments of pharmaceutical companies and vigorous channels with various drugs in the development process are anticipated to give sufficient growth to the market in the upcoming period. Huge investments are running on R&D activeness that is deposited to push the market forward.
Regional Analysis-
The global conjunctivitis drugs market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle east & Africa. North America is anticipated to dominate the global conjunctivitis drugs market owing to the running clinical trials and accessibility & amplified applications of diagnostic tests. North America holds the largest share followed by Europe due to its saturated and stagnant nature. About 1% of all primary care office stopovers in the US are connected to conjunctivitis which affects nearly 6 million people every year. In Europe, a huge patient pool diagnosed with viral conjunctivitis is supplementing the market growth. For example; As per WHO, around 9700 cases of conjunctivitis were registered in 2017 in Europe with an increase in the number of suspected cases considerably with 1680 and 2270 recorded weekly.
Asia-Pacific region is expected to witness significant growth in the market especially in the countries like India and China due to the growing population, widespread nature of conjunctivitis, and unmet medical needs. According to NCBI, ocular allergies affect nearly 6% to 30% population in the Asia-Pacific region.
On Special Requirements Conjunctivitis Drugs Market Report is also available for the below Regions and Country:
North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Sweden
- Netherland
- Turkey
- Switzerland
- Belgium
- Rest of Europe
Asia-Pacific
- South Korea
- Japan
- China
- India
- Australia
- Philippines
- Singapore
- Malaysia
- Thailand
- Indonesia
- Rest Of APAC
Latin America
- Mexico
- Colombia
- Brazil
- Argentina
- Peru
- Rest of South America
The Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest Of MEA
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
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- What are the trends of this market?
- Which are the main factors responsible for new product launches?
- How big are the global & regional markets in terms of revenue, sales, and production?
- How far will the market grow in the forecast period in terms of revenue, sales, and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2028?
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Key Benefits for Conjunctivitis Drug Market Report:-
- Conjunctivitis Drug Market report covers in-depth historical and forecast analysis.
- Conjunctivitis Drug Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country levels.
- Conjunctivitis Drug Market report helps to identify opportunities in the marketplace.
- Conjunctivitis Drug Market report covers extensive analysis of emerging trends and competitive landscape.
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