Blepharitis Market Scope
Blepharitis is an inflammatory condition that affects the eyelash base, primarily due to the disruption of oil glands and also the overgrowth of bacteria in eyelids. The condition is the most typical cause of dry eyes in individuals. This common disorder affects numerous people across the world. Blepharitis results in redness and viciousness of the lid, and clumping of scaly skin around the eyelashes base, causing discomfort and blurred vision. Blepharitis is classified into anterior and posterior. Anterior blepharitis affects the lid skin, the base of the eyelashes, and also the eyelash follicles. Posterior blepharitis affects the meibomian glands and gland orifices, causing meibomian gland dysfunction (MGD). The treatment for blepharitis includes daily lid cleansing routines and also the use of therapeutic agents to reduce infection and inflammation.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Nicox (France), Allergan Inc. (Ireland), AbbVie Inc. (United States), Amgen Inc. (United States), Biogen Inc. (United States), Celgene Corporation (United States), Pfizer Inc. (United States), Regeneron Pharmaceuticals, Inc. (United States), Gilead Sciences, Inc. (United States), Novartis AG (Switzerland), Johnson & Johnson (United States), Lux Biosciences (United States), Merck (United States) and Thea Pharmaceuticals Ltd. (United Kingdom) |
CAGR | % |
The global industrial sensors industry is highly competitive due to the presence of giant players having strong distribution networks worldwide. The manufacturers are focusing on mergers & acquisitions to improve their market share and overall market position. Product launches, research, and expansion of the existing product portfolio are some of the other strategies that should be considered to gain ground in the market during the assessment period. Research Analyst at AMA estimates that Global Players will contribute to the maximum growth of Global Blepharitis market throughout the predicted period.
Nicox (France), Allergan Inc. (Ireland), AbbVie Inc. (United States), Amgen Inc. (United States), Biogen Inc. (United States), Celgene Corporation (United States), Pfizer Inc. (United States), Regeneron Pharmaceuticals, Inc. (United States), Gilead Sciences, Inc. (United States), Novartis AG (Switzerland), Johnson & Johnson (United States), Lux Biosciences (United States), Merck (United States) and Thea Pharmaceuticals Ltd. (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are NovaBay Pharmaceuticals (United States), InSite Vision Inc. (United States), Gelderma S.A. (Switzerland), Perrigo Company plc. (Ireland), Lux Biosciences (United States), Merck (United States) and Thea Pharmaceuticals Ltd. (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Blepharitis market by Type , by Application (Specialty centers, Hospitals and Others) and Region with country level break-up.
On the basis of geography, the market of Blepharitis has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
On 8 May 2020, AbbVie a research-based global biopharmaceutical company announced the acquisition of Allergan plc, a global pharmaceutical company focused on eye care, neurosciences, medical dermatology, medical aesthetics, breast enhancement, obesity intervention, and urologic.
In Dec 2020, NiCox, an international medical specialty company announced the initiation of a phase two trial evaluating NCX 4251, its novel patented ophthalmic suspension of fluticasone propionate Nanocrystals, being developed as the 1st targeted topical treatment of the eyelid margin for patients with acute exacerbations of blepharitis.
Influencing Trend:
Rising Research and Development activities by biotechnology and pharmaceutical companies
Market Growth Drivers:
Rising Awareness About the Treatment and Rising Eye Disorders
Challenges:
Limited Treatment Facilities and Skewed Player Distribution
Restraints:
Lack of Awareness and High Cost of Treatment
Opportunities:
Rising penetration Across Emerging Regions
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Pharmaceutical Manufacturers and Suppliers, Medical Research Laboratories, Research and Development (R&D) Companies, Market Research and Consulting Service Providers and Potential Investors