Qualitative Report on North America Ocular Drug Delivery Market Growth, Trends, Demand, Share, Analysis and Market Survey 2022: Envisia Therapeutics; Alimera Sciences, Inc.; EYEGATE PHARMACEUTICALS, INC

A new report published by BusinessMarketInsights with title North America Ocular Drug Delivery Market provides complete analysis about the market size, share, overview and growth prospects which are impacting the expansion of the industry.  North America Ocular Drug Delivery Market report helps consumers to acknowledge the industry challenges and opportunities. The North America Ocular Drug Delivery Market report extensively offers the most recent information about the technological developments and market growth prospect on the thought of the regional landscape.

The ocular drug delivery market in North America is expected to grow US$ 10,622.77 million by 2028 from US$ 6,286.54 million in 2021. The market is estimated to grow at a CAGR of 7.8% from 2021 to 2028. 

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Several players operating in the ocular drug delivery market are developing and launching innovative products. The strategy of development and launch of new products helps companies to cater to a broad customer base. For instance, in June 2020, Senju Pharmaceutical Co., Ltd. and Otsuka Pharmaceutical Co., Ltd. announced the launch of a new combination ophthalmic solution, AILAMIDE Combination Ophthalmic Suspension, for the treatment of glaucoma and ocular hypertension. Similarly, in October 2019, Sun Pharmaceutical Industries launched the ophthalmic solution Cequa in the US, which is used to treat dry-eye disease. Additionally, in May 2019, Menicon Co., Ltd launched Menicon Bloom Myopia Control Management System. Menicon Bloom Night therapy includes the overnight wearing of a specifically designed reverse geometry orthokeratology contact lens-manufactured in hyper oxygen-permeable Menicon Z rigid material that guarantees ideal corneal oxygenation for comfortable contact lens wear. Additionally, in January 2019, Ocular Therapeutix launched Dextenza (dexamethasone ophthalmic insert) 0.4 mg in the US to treat ocular inflammation and pain following ophthalmic surgery. Dextenza received FDA approval in November 2018 for the treatment of ocular pain following ophthalmic surgery. Such developments and launches of new products are emerging as a key trend in the ocular drug delivery market.

Top Key Players within the North America Ocular Drug Delivery Market:

Major companies listed in the report are AbbVie Inc.; Bausch Health Companies Inc.; Novartis AG; Clearside Biomedical, Inc.; Ocular Therapeutix, Inc.; Envisia Therapeutics; Alimera Sciences, Inc.; EYEGATE PHARMACEUTICALS, INC. among others.

Expert Analysis:

The report tracks historical developments and analyzes this scenario and future projections supported optimistic and certain scenarios. The report offers an in depth analysis of the important factors like market dynamics (supply, demand, price, quantity). It includes North America Ocular Drug Delivery Market industry volume, market share, market trends, growth aspects, a good range of applications, utilization ratio, supply and demand analysis, manufacturing capacity. The report collects relevant data that permits readers to know individual elements and their interactions within the current market scenario. It focuses on the required modifications for brand spanking new and existing businesses to evolve and adapt to future trends during this market.

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