Ocular Inserts Market Size, Share - Industry Trend and Forecast 2017 - 2025

" Ocular Inserts Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" is the latest addition to MarketResearchReports.Biz industry research reports collection.


The objectives of this study are as follows:

To define, describe, and forecast the "Ocular Inserts" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Ocular insert is a sterile, thin, multilayered, semisolid, or solid device that is drug impregnated and placed into the conjunctival sac. These inserts are composed of polymeric support, which may or may not contain a drug. Drugs can be inserted or dispersed as solution later in the polymeric support. Ocular inserts offer several advantages such as continual release of medication into eyes and ease of administration by nurse and patients. Ocular inserts signify an important advancement in eye therapy.

The global ocular inserts market is expect to expand at a fast-paced CAGR during the forecast period. Rise in prevalence of ophthalmological diseases such as glaucoma and retinal vascular diseases is a key factor expected to drive the global ocular inserts market during the forecast period. According to the American Academy of Ophthalmology, around 2.7 million people above 40 years of age in the U.S. are affected with glaucoma. Usage of ocular insert as a drug delivery system in the disease can boost the global ocular inserts market in the near future. Furthermore, advantages of ocular inserts such as different shapes and sizes and solubility of inserts are augmenting the global ocular inserts market. Lack of awareness about ophthalmic disorders and drug delivery systems in developing countries is one of the key factors estimated to hamper the global ocular inserts market during the forecast period.

The global ocular inserts market can be segmented based on solubility, end-user, and geography. In terms of solubility, the global ocular inserts market can be divided into soluble ocular inserts, insoluble ocular inserts, and bio-erodible ocular inserts. The insoluble ocular inserts segment can be further segmented into diffusion inserts, osmotic inserts, and soft contact lenses. The soluble ocular inserts segment is further classified into natural polymer and synthetic polymers. The insoluble ocular inserts segment is anticipated to hold large share of ocular inserts market during the forecast period due to the increase in usage of contact lenses as ocular drug delivery system. Based on end-user, the global ocular inserts market can be divided into private eye clinics, eye hospitals, and outpatient retinal clinics.

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In terms of geography, the ocular inserts market can be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America accounts for significant share of the global ocular inserts market. Increase in prevalence of chronic disorders and glaucoma is one of the primary factors fuelling the ocular inserts market in North America. Furthermore, rise in awareness about ocular drug delivery systems, increase in per capita health care expenditure, and availability of advanced technology propelling the ocular inserts market in North America. Europe is also anticipated to hold key share of the global ocular inserts market, led by the increase in elderly population. The ocular inserts market in Asia Pacific is anticipated to expand at a fast pace during the forecast period owing to the growth in geriatric population and rise in government initiatives regarding awareness about blindness and adoption of health care solutions for better standard of life. Furthermore, rise in prevalence of childhood blindness and high prevalence of glaucoma are driving the ocular inserts market in Asia Pacific.

Key players adopt strategies such as mergers and acquisitions, improvement of products, cost effectiveness, and collaborative partnerships in order to expand their ocular inserts market share. Prominent players operating in the ocular inserts market include Ocular Therapeutix, Inc, Bausch & Lomb Incorporated, Novartis AG, and EyeGate.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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