Press release
CONJUNCTIVITIS TREATMENT MARKET SIZE TO 2026: NICOX, EYEVANCE PHARMACEUTICALS LLC, ALLERGAN, NOVARTIS AG
CONJUNCTIVITIS TREATMENT MARKET
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Few of the major competitors currently working in the global conjunctivitis treatment market are Nicox, Eyevance Pharmaceuticals LLC, ALLERGAN, Novartis AG, Aurobindo Pharma, Cipla Inc, Mylan .N.V, WOCKHARDT, Akron Incorporated, USV Private Limited, Bausch Health, Teva Pharmaceutical Industries Ltd, LUPIN, Dr. Reddy’s Laboratories Ltd, Mankind Pharma, Micro Labs Ltd and many others.
Market Definition:
Stye is also known as hordeolum is a ocular disease in which small lumps grows at the edge of eyelids or at the base of the eyelashes. It is caused by bacterial infections. The patients with stye may experience inflammation of eyes, swelling and tearing.
According to the article published in obson Medical Information LLC, it is estimated that total population of allergic conjunctivitis is up to 30 % of general population worldwide. Exposure to certain toxin or change in environment may increase the stye infections and prevalence of stye infections is the key factors for market growth.
Market Drivers
Ongoing clinical trial studies being carried out by many pharmaceuticals industries
Exposure to certain toxin or change in environment may increase the stye infections
Prevalence of indoor as well as outdoor allergens.
Increase in prevalence rate of stye disease worldwide
Market Restraints
Effective treatment is either unavailable or unaffordable.
Patent expiry from many companies and introduction of generic drugs is expected to restrain the growth if the market.
Inadequate knowledge about stye disease in some developing countries
Segmentation: Global conjunctivitis Treatment Market
By Type
Allergic Conjunctivitis
Infectious Conjunctivitis
Chemical Conjunctivitis
By Therapy Type
Antibiotics Therapy
Eyes Warming Therapy
By Drug Class
Antibiotics
Gatifloxacin
Moxifloxacin
Tobramycin
Others
Ophthalmic Steroids
Dexamethasone
Non-Steroidal Anti-Inflammatory Drugs (NSAIDS)
Diclofenac
Antihistamines
Lodoxamide
Olopatadine hydrochloride
Cetirizine
Others
By Route of administration
Oral
Topical
By End users
Hospitals
Homecare
Specialty Clinics
Others
By Geography
North America
S.
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
Key Developments in the Market:
In December 2018, Alembic Pharmaceuticals Limited received an abbreviated New Drug application approval from the FDA for olopatadine hydrochloride, selective H1-receptor antagonist for the treatment of allergic conjunctivitis. The approval of olopatadine hydrochloride strengthens the company’s generic portfolio as well as improves the treatment paradigms for parients suffering from allergic conjunctivitis.
In June 2017, Nicox received an approval from the FDA for Zerviate (cetirizine ophthalmic solution) 0.24% for the treatment of ocular itching associated with allergic conjunctivitis. The approval of Zerviate marks an important commercial milestone to bring first topical ocular formulation of cetirizine, a second generation antihistamine and improve the millions of people sufferinf from conjunctivitis.
Competitive Analysis:
Global conjunctivitis treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global conjunctivitis treatment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
Current and future global conjunctivitis treatment market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
View Full TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-conjunctivitis-treatment-market
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