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Ocular Pain Treatment Market 2023 - Key Players Analysis SYLENTIS, Bristol-Myers Squibb, SUN PHARMA, Reata Pharmaceuticals, Inc., Ocular Therapeutix, Inc.
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The pharmaceutical companies are actively involved in the research and development of drugs for ocular pain. Loteprednol etabonate, a Mucus-Penetrating Particle platform technology based Phase III clinical trial drug of Kala Pharmaceuticals, Inc., is nanotechnology based products for the treatment of ocular pain.
A large number of pharmaceutical companies are constantly working for the research and development of ocular pain treatment. However, certain factors such as high treatment cost, less awareness about the eye disease among population and lack of favorable government policy are the key factors hindering the growth of the global market during the forecast period.
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Geographically, North America is expected to be the largest market for ocular pain treatment owing to the favorable healthcare infrastructure and government initiatives, increasing number of research and development activities, and high awareness about the eye disease and its precautions. The U.S. contributed largest revenue to the North American ocular pain market and it is expected to remain the largest market globally, during the forecast period.
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Some of the key players operating in the global ocular pain market are ICON Bioscience Inc., Xigen S.A., Sylentis S.A., Bayer AG, Bristol Meyer Squibb Company, Merck and Co., Inc., Sun Pharmaceutical Industries Ltd., Reata Pharmaceuticals, Inc., Kala Pharmaceuticals, Inc. and Ocular Therapeutix, Inc.
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