Dacryocystitis Treatment Market Scope
Dacryocystitis is a clinical condition characterised by inflammation of the lacrimal sac. Infections are uncommon and can be either acute or persistent. Acute dacryoadenitis is characterised by painful erythema and swelling in the lateral portion of the upper lid. It can cause preseptal or orbital cellulitis, as well as suppuration into an abscess. The clinical picture's signs and symptoms may differ depending on the cause. Many research have been conducted on the basis of clinical diagnosis to enhance our understanding of the etiopathogenic mechanisms that lead to dacryocystitis and, as a result, to offer an appropriate, effective therapy for patients.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Pfizer Inc. (United States), Abbott Laboratories (United States), Glaxosmithkline Plc (United Kingdom), Mylan Inc. (United States), Cipla Limited (India), FCI Ophthalmics (United States), Aurolab (India), Kaneka Corporation (Japan), Gunther Weiss Scientific Glass (United States) and Bess Medizintechnik GmbH (Germany) |
CAGR | % |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States & Indian Players will contribute to the maximum growth of Global Dacryocystitis Treatment market throughout the predicted period.
Pfizer Inc. (United States), Abbott Laboratories (United States), Glaxosmithkline Plc (United Kingdom), Mylan Inc. (United States), Cipla Limited (India), FCI Ophthalmics (United States), Aurolab (India), Kaneka Corporation (Japan), Gunther Weiss Scientific Glass (United States) and Bess Medizintechnik GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Aurobindo Pharma (India), Nosch Labs Private Limited (India) and Orex Pharma Pvt Ltd (India).
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 Dacryocystitis Treatment market by Type , by Application (upper nasal meatus, and thereby enabling outflow of tears) and Region with country level break-up.
On the basis of geography, the market of Dacryocystitis Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In September 2023 Torrent Pharma and Dr. Reddy's Laboratories are vying to acquire Cipla Ltd, executing this deal could result in medium-term earnings per share (EPS) dilution for both pharmaceutical giants, a report by Kotak Institutional Equities released on Thursday.
On 21st June, 2019 - Ocular Therapeutix Received FDA Approval of its Supplemental New Drug Application (sNDA) for DEXTENZA (0.4 Dexamethasone Intracanalicular Insert for Ophthalmic Use), a Preservative-Free, Resorbable Hydrogel, for the Treatment of Ocular Inflammation and Pain Following Ophthalmic Surgery.
Influencing Trend:
Surge in Number of Collaboration Activities in Therapeutics
Market Growth Drivers:
Increasing Preference for Biological Therapies, Prevalence of Dacryocystitis and Technical Progress in Biotechnology
Challenges:
Market Penetration Across New Regions
Restraints:
Lack of Awareness and High Initial Investment
Opportunities:
Increasing Demand Across Emerging Regions and High Expenditure Across Healthcare & Pharma Infrastructure
Key Target Audience
Dacryocystitis Treatment Medication Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others