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Allergy Conjunctivitis Market 2023 | By Share, Size, Industry Growth, Competitive Landscape, Share & Forecast To 2032
Allergy Conjunctivitis Market
The Business Research Company's Allergy Conjunctivitis Global Market Report 2023 identifies The rise in exposure to air pollutants and chemicals as the major driver for the Allergy Conjunctivitis market's growth in the forecast period. Human eyes, one of the most sensitive parts of the human body, are constantly at risk due to ongoing exposure to the poisons in air pollution. Long-term exposure to airborne pollutants and chemicals causes a variety of eye issues, including allergic conjunctivitis, allergies, burning, watering, blurred vision, redness, itching, and persistent discomfort, requiring treatments.
The global allergy conjunctivitis market size is expected to grow from $2.12 billion in 2022 to $2.27 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global allergy conjunctivitis market is expected to grow to $2.93 billion in 2027 at a CAGR of 5.1%.
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Major competitors in the Allergy Conjunctivitis market are Allergan plc., Santen Pharmaceutical Co Ltd., Bausch & Lomb Incorporated, Novartis AG, Sun Pharmaceutical Industries Ltd.
A key trend in the Allergy Conjunctivitis market includes product innovation. Major companies operating in the allergy conjunctivitis market are focused on developing innovative and advanced products to strengthen their market position. For instance, in February 2020, Alcon, a US-based medical company specializing in eye care products launched Pataday, the eye allergy drop. The Pataday brand contains the no. 1 doctor-prescribed eye allergy itch relief ingredient and the first once-daily allergy itch relief drop that is available without a prescription. In time for the start of the spring allergy season, Pataday Once Daily Relief and Pataday Twice Daily Relief will be commercially available in the United States.
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The Allergy Conjunctivitis market is segmented -
• By Drug Class: Antihistamines and Mast Cell Stabilizers, Corticosteroids, Other Drug Classes
• By Disease Type: Mild, Severe
• By Distribution Channel: Hospital Pharmacies, Drug Stores and Retail Pharmacies, Online Pharmacies
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Allergy Conjunctivitis market.
The Business Research Company's "Global Allergy Conjunctivitis Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Allergy Conjunctivitis Market Include:
1. Executive Summary
2. Allergy Conjunctivitis Market Characteristics
3. Allergy Conjunctivitis Market Trends And Strategies
4. Allergy Conjunctivitis Market - Macro Economic Scenario
5. Allergy Conjunctivitis Market Size And Growth
………………………………….
26. Africa Allergy Conjunctivitis Market
27. Allergy Conjunctivitis Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Allergy Conjunctivitis Market
29. Allergy Conjunctivitis Market Future Outlook and Potential Analysis
30. Appendix
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