Ophthalmic Suspension Market 2018: Growing Technology In Pharmaceutical Industry With Top Players Novartis AG, ALLERGAN, Pfizer Inc., Merck Co. & Inc., Valeant, Bayer AG, Genentech Inc., Falcon Group, CIRON Drugs & Pharmaceuticals Pvt. Ltd. And Others
The Ophthalmic Suspension Market accounted to grow at a CAGR of 7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Competitors: Global Ophthalmic Suspension Market
• Novartis AG,
• Pfizer Inc.,
• Merck Co. & Inc.,
• Bayer AG,
• Genentech, Inc.,
• Falcon Group,
• CIRON Drugs & Pharmaceuticals Pvt. Ltd.,
• Dolvis Bio Pharma Private Limited,
• Parenteral Drug Association,
• Jubilant Life Sciences Ltd.,
• Entod International,
• Akums, UBM,
• Dev Life Corporation
• Among others
Competitive Analysis: Global Ophthalmic Suspension Market
The ophthalmic suspension market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ophthalmic suspension market for global, Europe, North America, Asia Pacific and South America.
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Market Definition: Global Ophthalmic Suspension Market
The suspension used to treat the eye infections and related symptoms is termed as ophthalmic suspension. Commonly it is a combination of antibiotics and a corticosteroid, which gives effective and better treatment results. Numerous bacterial eye infections such as conjunctivitis are treated by ophthalmic suspension. Increasing rates of eye diseases is boosting the market.
Global Ophthalmic Suspension Market By Product (Antibiotic, Antifungal, Antibacterial, Steroids, Non-Steroidal Anti-Inflammatory Drugs), By Treatment (Bacterial Infections, Retinal Disorders, Glaucoma, Allergies, Diabetic Eye Disease), By End User (Hospitals, Eye Clinics, Clinics), By Geography – Industry Trends and Forecast to 2024
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Major Market Drivers and Restraints:
• Rise in cases of eye infections or diseases.
• Increase in bacterial infections in children and old age people.
• Increase in geriatric population, which are most inclined to to eye sicknesses.
• Side effects of ophthalmic suspension hamper the market.
Market Segmentation: Global Ophthalmic Suspension Market
• The ophthalmic suspension market is segmented by product into antibiotic, antifungal, antibacterial, steroids, non-steroidal anti-inflammatory drugs (NSAIDs) and others.
• On the basis of treatment type the market is segmented into bacterial infections, retinal disorders, glaucoma, allergies and diabetic eye disease. Bacterial infection is further sub segmented into conjunctivitis, scleritis and others. Retinal disorder is further sub segmented into macular degeneration, branch retinal vein occlusion, central retinal vein occlusion, congenital X-linked retinoschisis and others.
• On the basis of end user the market is segmented into hospitals, eye clinics and clinics.
• On the basis of geography, ophthalmic suspension market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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