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Covid-19 impact on - Uveitis Drug Market 2020 Industry Research, Share, Trend, Industry Size, Price, Future Analysis, Regional Outlook to 2026 Research Report | DBMR Updates
Uveitis Drug Market
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Global uveitis drug market is rising gradually to an estimated value of USD 736.99million by 2026 registering a substantial CAGR of 7.2% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing awareness and concerns regarding the health of patients, increasing prevalence of chronic diseases such as trauma to the eye, rheumatoid arthritis, increasing personal disposable income, and high expenditure in healthcare sector and favorable government regulation.
Few of the major competitors currently working in the global uveitis drug market are Xoma, Eye oint harmaceuticals, Novartis AG, Allergan, Enzo iochem Inc, Abbvie IncBausch & Lomb Pvt Ltd, Topivert Ltd, Santen harmaceutical Co., Ltd, Pfizer Inc, Johnson & Johnson Services, Inc, Regeneron Pharmaceuticals, Inc, Hanall Biopharma, Daiichi sankyo company, limited, Alphamab Co. Ltd, Coherus BioSciences, Captisol, Clearside Biomedical, Eyegate, Eyevensys.
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Market Analysis:
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Market Definition: Global Uveitis Drug Market
Uveitis is the inflammatory diseases of the eye that produces swelling and damage the surrounding tissue of uvea, the middle layer of the eye that consist of choroid, ciliary body and iris. These diseases are not only limited to uvea but also affect the other eye parts like lens, retina and optic nerve producing slightly reduce vision or vision loss. A person with uveitis experiences blurred vision, dark, floating spots in the vision (floaters), eye pain, redness of the eye, sensitivity to light (photophobia) depending upon the type of inflammation.
Segmentation: Global Uveitis Drug Market
Uveitis Drug Market : By Type
Anterior uveitis
Intermediate uveitis
Posterior uveitis
Panuveitis
Uveitis Drug Market : By Mechanism of Action Type
Corticosteroids
Immunomodulators
Calcineurin inhibitors
Antimetabolites
Alkylating agents
T cell inhibitor
Antimicrobial
NSAIDS
Biologics
Intracameral Tissue Plasminogen Activator (TPA)
Others
Uveitis Drug Market : By Route of Administration
Topical
Oral
Intravenous
Subcutaneous
Intramuscular
Intravitreal
Others
Uveitis Drug Market : By End Users
Hospitals
Homecare
Specialty clinics
Surgical centers
Others
Uveitis Drug Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Uveitis Drug Market Drivers :
The global uveitis drug market is witnessing substantial growth due to increased aging population
Growing prevalence of uveitis and related complications
Introduction of innovative biologics, fast-track approval of pipeline drugs, increasing research and development investments in drug discovery and development
Rising government initiatives to minimize eye disorders are also driving the growth of the global uveitis drug market
Introduction of new routes for drug administration that improves the efficiency of the drug
With the advancement of molecular biology, some intravitreal implants and biologic agents are increasingly used for the treatment of uveitis
By the development of molecular biology, more therapeutic agents and approaches have been applied to control ocular inflammation caused by uveitis, which are expected to have a positive influence on the uveitis drug market
Key Developments in the Uveitis Drug Market :
In October 2018, Eyepoint Pharmaceuticals received approval from the FDA for the fluocinolone acetonide intravitreal implant (Yutiq) for the treatment of chronic non-infectious uveitis that affects the posterior segment of the eye, as it delivers consistent dosing without the peaks
In July 2016, Abbvie Inc received approval for the drug Humira (adalimumab) non-corticosteroid therapy for non-infectious intermediate, posterior and panuveitis, as it shows early results of treatment when compared to other medications and it is the first approved biologic medication for uveitis
Uveitis Drug Market Restraints :
The adverse effects related to uveitis treatment medication such as watery eyes, irritation and other factors
Poor primary healthcare infrastructure
Lack of awareness about eye disorders and lack of health insurance in developing countries are also obstructing the uveitis treatment market
This all-inclusive Uveitis Drug Market report sheds light on each region, market size in terms of USD Mn for every individual segment and their sub-segment for the period from 2020 to 2026, considering the macro and micro situation factors. The document gives a brief introduction to the research report outlook, TOC, list of tables and figures & an outlook to key players of the market comprising key regions. An extensive summary of the Uveitis Drug Market has prominent market that includes several major market leaders in the report. The report necessitates an in-depth analysis pertaining to the product manufactured by the vendors combining with the product application range.
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