Xerophthalmia Treatment Market Scope
Xerophthalmia is an eye disease caused by vitamin A deficiency. Xerophthalmia is developed into night blindness and other serious damage to the cornea. This damage takes the form of white spots on eyes and ulcers on corneas. Night blindness is an early symptom. When the human body doesn’t produce vitamin A on its own. Xerophthalmia is less seen in the United States, the United Kingdom, and other developed countries. It mostly finds in developing countries where humans have limited access to animal products.
The market study is being classified by Type (Cyclosporin, Oral Corticosteroids, Artificial Tears, Punctal Plugs and Omega Supplement), by Application (Hospital Pharmacies and Eye Health Clinics) and major geographies with country level break-up.
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies
Novartis AG (Switzerland), Otsuka Pharmaceutical Co., Ltd. (Japan), Novartis AG (Switzerland), F. Hoffmann-La Roche Ltd (Switzerland), Santen Pharmaceutical Co Ltd (Japan), Sun Pharmaceutical Industries Ltd (India), Medifit Biologicals (India), Sentiss (India), Lupin Limited (India) and FDC Limited (India) are some of the key players profiled in the study.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Xerophthalmia Treatment market by Type, Application and Region.
On the basis of geography, the market of Xerophthalmia 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). If we see Market by Age group, the sub-segment i.e. Preschool-Age Children will boost the Xerophthalmia Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ocular Signs, the sub-segment i.e. Night Blindness (XN) will boost the Xerophthalmia Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In Oct 2018, MeiraGTx Holdings announced an agreement with the National Institute of Dental of Health & Human Services. Through this agreement, MeiraGTx receives worldwide rights to adeno-associated virus vector-mediated gene delivery of aquaporin with xerophthalmia patients.
Market Trend
- Increasing No. Of Children Are At Higher Risk of Vitamin A Deficiency and Xerophthalmia
Market Drivers
- Increasing Night Blindness Patients
- Increase Number of Disease Such As Cornea and Conjunctiva, Such As Conjunctival Xerosis, Bitot Spots, Corneal Xerosis and Keratomalacia
Opportunities
- Strong Encouragement from the Government
Restraints
- High Cost of Drugs and Treatment
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Xerophthalmia drugs Suppliers and Distributors, Government Regulatory and Research Organizations and End-Use Industries
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