The global Conjunctivitis Market size is expected to grow rapidly, reaching a value of US$ 1825.8 million by 2022. By 2032, the market is estimated to be valued around US$ 3208.7 million.
Global demand for Conjunctivitis is increasing due to rising disease prevalence and improved treatment options. Conjunctivitis can take several forms, including allergic conjunctivitis, which causes swelling of the conjunctiva, a tissue that covers the white part of the eye.
Allergens detected in patients have been connected to household dust, grass and tree pollen, animal dander, and chemical odours. Treatment options include oral medicines, immunotherapy, and ocular drops.
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Key Takeaways
- The global Conjunctivitis market is expected to rise throughout the projected period due to rapid technological innovation, rising disease prevalence, an ageing population, and an increased need for effective treatments. All of the aforementioned factors are driving market expansion.
- According to the FMI analysis, the global Conjunctivitis market is quickly expanding due to increased air pollution in major cities globally. According to a 2016 study conducted by the National Centre for Biotechnology Information (NCBI), the key variables of the development and severity of allergic conjunctivitis are ambient air pollution and weather fluctuations. The Conjunctivitis industry has great growth potential as a result of rising noise pollution.
- Because of noticeable changes in deteriorating air pollution and changing climatic conditions, the Conjunctivitis market is expected to rise from 2022 to 2032. These circumstances cause the conjunctiva to be sensitive to environmental pollutants, as well as direct contact with the external environment.
- Because of greater awareness in the healthcare industry and medical communities, patients and individuals are taking preventative measures to avoid allergic Conjunctivitis. Furthermore, the introduction of advanced medical therapy is hastening the overall expansion of the Conjunctivitis sector.
- The primary drivers driving market expansion are changing lifestyles and an increase in the number of individuals suffering from allergic Conjunctivitis.
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Competitive Landscape
The prominent players in the market are planning to invest in research and development initiatives to innovate new drugs and therapies for efficiently treating ocular disorders. The recent awareness of ocular allergies has tremendously elevated backed by numerous factors such as faster urbanization and a growing number of allergens.
Key Companies Profiled
- Boehringer Ingelheim GmbH
- Allergan Inc.
- Sanofi-Aventis
- Atopix Therapeutics Ltd.
- Novartis AG, Ocular Therapeutix, Inc.
- Bausch & Lomb Inc.
- Akorn Incorporated.
- Auven Therapeutics
- Sirion Therapeutics, Inc.
- Sun Pharma Advanced Research Company Ltd.,
- Boehringer Ingelheim International GmbH.
- IBA Vision Ophthalmics
- Pfizer Inc.
- Merck & Co., Inc.
- Santen Pharmaceuticals Co. Ltd.
More Insights into the Conjunctivitis Market
North America is expected to have a significant allergic Conjunctivitis treatment market share due to the increasing prevalence of allergies and the availability of advanced healthcare infrastructure. The United States is expected to be the leading market in this region due to a high number of allergy cases.
North America is considered the largest market due to the increasing prevalence of allergies in the region. According to a recent survey, around 70 to 80 million Americans suffer from ocular allergies. The market is expected to expand as a result of greater awareness of ophthalmic allergies in the region.
both of the major key firms are based in North America, which results in novel and advanced medicine launches, as well as the disease’s rapid spread, both of which contribute to the market’s expansion. The United States is expected to grow rapidly in the coming years while maintaining its leading market position.
Europe is yet another region trailing behind North America. It was responsible for 22% of the global market share in the global Conjunctivitis market. Due to the growth of complex medications in the market, Europe has emerged as the second largest regional market, accounting for a significant share of the total market.
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Key Segments of the Conjunctivitis Market
By Type:
- Giant Papillary Conjunctivitis
- Seasonal Allergic Conjunctivitis
- Vernal KeratoConjunctivitis
- Contact Conjunctivitis
- Perennial Conjunctivitis
- Atopic KeratoConjunctivitis
By Treatment:
- Mast Cell Stabilizers
- Decongestant
- Immunotherapy
- Antihistamines
- Non-steroidal Anti-Inflammatory Drugs
- Olopatadine
- Epinastine
- Ointments
- Others
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