Ocular Drug Delivery Market in North America: Opportunities and Forecast, 2021 to 2028

North America Ocular Drug Delivery Market was valued at US$ 6,286.54 million in 2021 and is projected to reach US$ 10,622.77 million by 2028 with a CAGR of 7.8% from 2021 to 2028.

The North America ocular drug delivery market has been segmented into the US, Canada, and Mexico. The US holds the largest share of the North America ocular drug delivery market. In North America, the US holds a significant share of the ocular drug delivery market. The growth of the market in the US is primarily driven by product awareness and the increasing prevalence of eye diseases. Further, the aging population in the US is likely to increase the incidence of eye diseases, which will eventually drive the adoption of ocular drug delivery products in the country. For instance, as per the Population Reference Bureau 2019, the number of individuals in the US aged 65 and older is estimated to double from 52 million in 2018 to around 95 million by 2060, and the 65 and more age group's share of the total population will increase from 16% to 23%. This aged population is highly vulnerable to eye conditions. For instance, as per the American Academy of Ophthalmology 2019 study, an estimated 7.32 million people aged 70-75 are affected by primary open-angle glaucoma (POAG) by 2050 in the US.

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The report covers an in depth analysis of the key market players within the market

AbbVie Inc.
Bausch Health Companies Inc.
Novartis AG
Clearside Biomedical, Inc
Ocular Therapeutix, Inc.
Envisia Therapeutics
Alimera Sciences, Inc.
EYEGATE PHARMACEUTICALS, INC
In this report, the market has been segmented on the basis of:

North America Ocular Drug Delivery Market - By Technology
Implantable Ocular Drug Delivery Systems
Particulate Drug Delivery Systems
Nano-Particle Drug Delivery System
Others

North America Ocular Drug Delivery Market - By Formulation Type
Solution
Ointment
Suspension
Emulsion
Liposomes and Nanoparticles

North America Ocular Drug Delivery Market - By Disease type
Cataract
Dry Eye Syndrome
Macular Degeneration
Glaucoma
Diabetic Retinopathy
Diabetic Macular Edema
Others

Market Analysis and Insights: North America Ocular Drug Delivery Market

North America Ocular Drug Delivery Market report elaborates the market size, market characteristics, and market growth of the North America Ocular Drug Delivery industry, and breaks down according to the type, application, and consumption space of North America Ocular Drug Delivery . The report also conducted a PESTEL analysis of the industry to check the most influencing factors and entry barriers of the industry.

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Some of the key queries answered in this report:

-What can we estimate about the anticipated growth rates and also the North America Ocular Drug Delivery industry size by 2028?
-What will happen in the coming existing and emerging markets?
-Which are the five top players within thee North America Ocular Drug Delivery market?
-How can the North America Ocular Drug Delivery market change in the upcoming years?
-Which product and application will take a share of the North America Ocular Drug Delivery market?
-What will be the North America Ocular Drug Delivery Market was valued at US$ 6,286.54 million in 2021 and is projected to reach US$ 10,622.77 million by 2028 with a CAGR of 7.8% from 2021 to 2028. and size of the North America Ocular Drug Delivery market throughout the forecast period?
-What are the market opportunities and challenges two-faced by the key vendors?
-Who are the major competitors and what is their strategy?
-What are the barriers to entry for new players in the market?
-What would be the upcoming North America Ocular Drug Delivery market behaviour forecast with trends, challenges, and drivers for development?
-What business opportunities and dangers are faced by vendors in the market?
-Which would be North America Ocular Drug Delivery industry opportunities and challenges faced by most vendors in the market?
-What will be the outcomes of this market SWOT five forces analysis?
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