Press release
Allergy Conjunctivitis Market to Reach $3.2 Billion by 2028 with 5.9% CAGR, Boosted by Personalized Medicine and AI Integration
Allergy Conjunctivitis Market Report
Allergy Conjunctivitis Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $9.82 billion In 2028 At A CAGR Of 7.4%:
The allergy conjunctivitis market size has grown strongly in recent years. It will grow from $2.4 billion in 2023 to $2.54 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increasing incidence of allergic conditions, advancements in research and development, changing lifestyles and environmental factors, expansion of patient awareness, collaborations and partnerships, healthcare infrastructure development.
The allergy conjunctivitis market size is expected to see strong growth in the next few years. It will grow to $3.2 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to increasing global allergy burden, personalized medicine approaches, growing geriatric population, biotechnological innovations, expanding healthcare access in developing regions, regulatory support and approvals. Major trends in the forecast period include integration of novel drug delivery technologies, emphasis on patient education and awareness, development of combination therapies, incorporation of artificial intelligence (ai) in diagnosis, rise in environmental allergen management solutions.
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=8806&type=smp
Allergy Conjunctivitis Market Major Segments
The allergy conjunctivitis market covered in this report is segmented -
1) By Drug Class: Antihistamines and Mast Cell Stabilizers, Corticosteroids, Other Drug Classes
2) By Disease Type: Mild, Severe
3) By Distribution Channel: Hospital Pharmacies, Drug Stores and Retail Pharmacies, Online Pharmacies
Key Driver - Navigating The Surge In Allergy Conjunctivitis Amidst Rising Air Pollutants And Chemical Exposure
The rise in exposure to air pollutants and chemicals is expected to boost the growth of the allergy conjunctivitis market going forward. 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. For instance, according to the United States Environmental Protection Agency (EPA), an independent executive agency of the United States federal government tasked with environmental protection matters, in the United States, around 67 million tons of pollutants were released into the atmosphere in 2021. Therefore, the rise in exposure to air pollutants and chemicals is driving the growth of the allergy conjunctivitis market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=8806&type=smp
Prominent Trend - Unveiling The Product Revolution In The Allergy Conjunctivitis Market
Product innovation is the key trend gaining popularity in the allergy conjunctivitis market. Major companies operating in the allergy conjunctivitis market are focused on developing innovative and advanced products to strengthen their market position. For instance, in March 2022, Allergan, an Irish- US-based medical company launched LASTACAFT, an eye allergy drops. The LASTACAFT brand provides relief in as little as three minutes from itchiness and allergies and lasts through 16 hours. LASTACAFT is instilled directly in the eye to block the histamines that initiate ocular itching to quickly calm the allergic response and provide relief throughout the day from itchy eyes. This solution is an antihistamine eye drop that temporarily relieves itchy eyes due to pollen, ragweed, grass, animal hair, and dander for ages two and older. With this new solution, the company can provide quality eye care products and expands their retail eye drop portfolio.
Allergy Conjunctivitis Market Players
Major companies operating in the allergy conjunctivitis market report are Allergan plc, AbbVie Inc., Ajanta Pharma Limited, Akron Operating Company LLC, Alcon Inc., Alembic Pharmaceuticals Ltd., Atopix Therapeutics Ltd., Auven Therapeutics Management LLLP, Bausch & Lomb, Cipla Ltd., Grevis Pharmaceutical Private Limited, Indoco Remedies Ltd., Jabs Biotech Pvt. Ltd., JAWA Pharmaceuticals Pvt. Ltd., Novartis AG, Ocular Therapeutix Inc., Santen Pharmaceutical Co. Ltd., Sun Pharmaceutical Industries Ltd., Laboratoires Thea SAS, Aciex Therapeutics Inc., Bausch Health Companies Inc., C.H. Boehringer Sohn AG & Co. KG, Eyevance Pharmaceuticals LLC, Johnson & Johnson Services Inc., Mylan N.V., Nicox S.A., Omeros Corporation, Otsuka Pharmaceutical Co. Ltd., Pfizer Inc., Regeneron Pharmaceuticals Inc., Shire plc, Teva Pharmaceutical Industries Ltd., Zydus Cadila
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/allergy-conjunctivitis-global-market-report
Largest And Fastest Growing Region In The Market
North America was the largest region in the allergy conjunctivitis market share in 2023. The regions covered in the allergy conjunctivitis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Allergy Conjunctivitis Market Report Structure
3. Allergy Conjunctivitis Market Trends And Strategies
4. Allergy Conjunctivitis Market - Macro Economic Scenario
5. Allergy Conjunctivitis Market Size And Growth
…..
27. Allergy Conjunctivitis Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Allergy Conjunctivitis Market to Reach $3.2 Billion by 2028 with 5.9% CAGR, Boosted by Personalized Medicine and AI Integration here
News-ID: 3538216 • Views: …
More Releases from The Business Research Company
Future Perspective: Key Trends Shaping the Coordinate Measuring Machine Market U …
The coordinate measuring machine (CMM) market is set for substantial growth as industries increasingly rely on precise measurement technologies to enhance manufacturing processes. With advancements in automation and smart manufacturing, the market is evolving rapidly, driven by new applications and technological integrations. Let's explore the current market size, dominant players, key trends, and segmentation details shaping this sector's future.
Projected Market Expansion and Growth Drivers in the Coordinate Measuring Machine Market…
In-Depth Study of Segments, Industry Developments, and Key Players in the Convey …
The conveyor system market is poised for significant expansion as industries increasingly adopt automation and smart technologies to streamline operations. This report delves into the market's projected growth, key players shaping the sector, notable trends driving innovation, and the primary segments defining the competitive landscape.
Projected Market Size and Growth Trajectory of the Conveyor System Market
The conveyor system market is anticipated to reach a valuation of $13.61 billion by 2030,…
Leading Companies Reinforcing Their Presence in the Construction Robotics Market
The construction robotics industry is on the brink of significant expansion, driven by advancements in technology and increasing demand for automation in building projects. As construction sites become more digitized and smart city initiatives gain momentum, robotics are playing a crucial role in transforming how infrastructure is developed. Let's explore the current market outlook, key players, emerging trends, and segmentation within this rapidly evolving sector.
Anticipated Market Growth for Construction Robotics…
Emerging Factors Driving Rapid Growth in the Condensers Market
The condensers market is set to experience significant expansion over the coming years, driven by technological advancements and growing demand across various industries. This overview explores the market's expected size, key players, ongoing trends, and the primary segments that define its structure.
Projected Growth and Size of the Condensers Market by 2030
The condensers market is anticipated to grow substantially, reaching a market value of $158.38 billion by 2030. This growth…
More Releases for Allergy
Allergy Shots Market | ALK Abello, Aimmune Therapeutics, Allergy Therapeutics, A …
The global allergy shots market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the allergy shots market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth of the…
Allergy Shots Market: Rising Demand and Advancements in Allergy Treatment
Market Overview:
The Allergy Shots market refers to the production, distribution, and utilization of immunotherapy treatments known as allergy shots or allergen immunotherapy. Allergy shots are a form of treatment for allergies, particularly for allergic rhinitis (hay fever), allergic asthma, and insect sting allergies. They involve the administration of gradually increasing doses of allergens, such as pollen, dust mites, pet dander, or insect venom, to desensitize the immune system and…
Allergy Treatment Market Increasing Demand By Allergy Type: Eye Allergy, Rhiniti …
Acumen Research and Consulting has announced the addition of the "Allergy Treatment Market” report to their offering.
The Allergy Treatment Market Report 2018 is an in depth study analyzing the current state of the Allergy Treatment Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Allergy Treatment Market provides analysis of China market covering the industry trends, recent…
Allergy Immunotherapy Market to Witness Huge Growth by Key Players: Allergy Ther …
According to a recent research study "Allergy Immunotherapy Market, by immunotherapy Type (SCIT, SLIT), By Type of Allergy (Asthma, Food Allergy, Allergic Rhinitis and Others) opportunities and forecast 2020-2026" published by Data Library Research, the Allergy Immunotherapy Market Studies many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key…
Allergy Treatment Market Report 2018: Segmentation by Allergy Type (Food Allergy …
Global Allergy Treatment market research report provides company profile for Meda Pharmaceuticals Inc., Allergy Therapeutics, Sunovion Pharmaceuticals Inc., Allergon AB, Allergan, HAL Allergy Group, Teva Pharmaceutical and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025,…
Allergy Treatment Global Market 2018: Key Players – ALK, Stallergenes Greer, A …
Allergy Treatment Industry
Description
Wiseguyreports.Com Adds “Allergy Treatment -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023” To Its Research Database
This report studies the global Allergy Treatment market, analyzes and researches the Allergy Treatment development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
ALK
Stallergenes Greer
Allergy Therapeutics
HAL Allergy Group
Circassia
GlaxoSmithKline plc
Sunovion Pharmaceuticals
Teva Pharmaceutical Industries
Allergan plc
Allergon…
