Global Conjunctivitis Drugs Market Overview:
Conjunctivitis incidence ranges depending on the root cause, and may be affected by the patient's age as well as the time of year. Every inflammation of the membrane that lines the eyelids and protects the exposed surface of the sclera is referred to as conjunctivitis. The most frequent cause of "red eye" is this condition. A thorough history and ocular inspection are normally enough to assess the cause, but microbiological testing may be required to confirm the diagnosis or direct treatment. The most frequent cause of bacterial conjunctivitis is viral conjunctivitis, which normally does not need surgery and presents with a variety of signs and symptoms. The second most frequent cause of viral conjunctivitis is bacterial conjunctivitis. Infectious conjunctivitis is caused by viruses and bacteria. Non-infectious conjunctivitis is caused by allergic, acidic, and cicatricial conjunctivitis, as well as inflammation caused by immune-mediated diseases and neoplastic processes.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technical Progress in Medical Industry
Market Growth Drivers:
Prevalence of Conjunctivitis Diseases, Rising Geriatric Population and Growing Screen Time Due to Pandemic
Challenges:
Regulatory Approval
Restraints:
Side Effects and Adverse Reactions
Opportunities:
Unexplored Markets and Heavy Investments in Healthcare Research & Development
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Akorn Pharmaceuticals (United States), Alcon (Switzerland), Novartis AG (Switzerland), Allergan Plc (Ireland), Bausch & Lomb (United States), Actavis Plc (United States), Pfizer Inc (United States), Merck & Co. Inc. (United States), Lupin Limited (India) and Valeant Pharmaceuticals (Canada). Additionally, following companies can also be profiled that are part of our coverage like Nicox S.A. (France), Walgreens (United States), Alembic Pharmaceuticals Ltd (India) and Sanofi S.A. (France). Analyst at AMA Research see United States Players to retain maximum share of Global Conjunctivitis Drugs market by 2027. Considering Market by Route of Administration, the sub-segment i.e. Topical will boost the Conjunctivitis Drugs market. Considering Market by Disease, the sub-segment i.e. Allergic Conjunctivitis will boost the Conjunctivitis Drugs market.
On 11th January, 2018 - Lupin launched its Generic Conjunctivitis Treatment Medicine in US Market. The Medication is the Generic Version of Moxifloxacin Hydrochloride Ophthalmic Solution Effective for Treating Bacterial Conjunctivitis. and On 4th March, 2021 - Ocular Therapeutix Announced FDA Clearance of its New Drug Supplemental Application for DEXTENZA® (dexamethasone ophthalmic insert) for the Treatment of Ocular Itching Associated with Allergic Conjunctivitis.
United States, Code of Federal Regulations 21 “Sec. 524” - USDA is the key Regulatory Authority Responsible for Approval, Inspection and Dosage Limitations of Conjunctivitis Drugs across the United States, FDA limits the usage to licensed prescription holders only. Any New Entrant is Required to have a Regulatory Clearance form FDA.
What Can be Explored with the Conjunctivitis Drugs Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Conjunctivitis Drugs Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Conjunctivitis Drugs
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Conjunctivitis Drugs market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Conjunctivitis Drugs market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Conjunctivitis Drugs Manufactures, New Entrants and Investors, Conjunctivitis Drugs Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.