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Uveitis Market: Trends, Growth, and Industry Analysis | Forecast 2024-2031
Uveitis Market - DataM Intelligence
The Global Uveitis Market size was valued at US$ 456 million in 2022 and is estimated to reach US$ 837 million by 2031, growing at a CAGR of 4.8% during the forecast period (2024-2031).
Uveitis is a condition characterized by inflammation of the uvea, which is the middle layer of tissue in the eyewall. This inflammation can affect various parts of the eye, including the iris, ciliary body, and choroid. It predominantly affects individuals between the ages of 20 and 50 years. While uveitis can range from mild to severe, it has the potential to cause serious complications, including vision loss, if left untreated. Therefore, prompt diagnosis and appropriate management are essential to minimize the risk of vision impairment associated with uveitis.
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Uveitis Industry Trends
The market for uveitis medications is expected to witness growth driven by an increasing product pipeline from pharmaceutical companies and advancements in technology leading to the development of new drugs.
Key drivers for the uveitis market include advancements in technology, the growing geriatric population, increased research and development investments, and a rising prevalence of ophthalmic disorders such as uveitis, glaucoma, cataracts, and age-related macular degeneration (AMD). Additionally, improvements in medical infrastructure, especially in emerging markets, contribute to market expansion.
Uveitis medications, including eye drops, injections, pills, or implants, are widely used for treatment purposes. The adoption of these medications is increasing, supported by rising government initiatives and funding. These funds facilitate the development of uveitis medication products to address the growing prevalence of ophthalmic disorders worldwide. Furthermore, the availability of technologically advanced products by key players is expected to drive market growth.
Various novel product launches, research studies, and awareness initiatives contribute to the market's growth. For instance, in November 2022, Alimera Sciences, Inc., announced the reimbursement approval for ILUVIEN (fluocinolone acetonide intravitreal implant) for non-infectious uveitis in Europe. This sustained-release intravitreal implant represents a significant advancement in uveitis treatment, underscoring ongoing efforts to improve outcomes for patients with this condition.
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Uveitis Industry Segmentation
By Uveitis Type
Anterior Uveitis
Intermediate Uveitis
Posterior Uveitis
Pan Uveitis
By Medications
Corticosteroids
Anti-Rheumatic Drugs
Cycloplegic-Mydriatic Drugs
Immunomodulatory Therapy
Biological Therapy
Anti-Viral Drugs
Others
By Medication Form
Eye Drops
Pills
Injections
Implants
By End-User
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Industry Key Players
Major players are Novartis Inc., AbbVie, Johnson & Johnson Services, Inc., Amgen, Alimera Sciences, Bausch & Lomb Incorporated., Kiora Pharmaceuticals, Inc., Santen Pharmaceutical Co., Ltd., EyePoint Pharmaceuticals, Inc and Clearside Biomedical.
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