Cloud Banner

Pharmaceutical

Image

Global Allergic Conjunctivitis Drugs Market – Industry Trends and Forecast to 2030

  • Pharmaceutical
  • Upcoming Report
  • Nov 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Allergic Conjunctivitis Drugs Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - 5.9% Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 3724.20 Million
Diagram Market Size (Forecast Year) USD 5891.16 Million
Diagram CAGR 5.9%

Global Allergic Conjunctivitis Drugs Market, By Type (Bacterial, Viral, Allergic and Chemical), Drug Class (Antibiotics, Mast Cells Stabilizers, Steroids and Others), Route Of Administration (Topical, oral, Intra-Vitreal and Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy) – Industry Trends and Forecast to 2030.

Allergic Conjunctivitis Drugs Market

Allergic Conjunctivitis Drugs Market Analysis and Size

It is witnessed that more than 20% of the global population is largely affected by eye condition called allergic conjunctivitis. Even though these symptoms can look like signs of an infection, allergic conjunctivitis is not infectious or contagious. Allergic conjunctivitis is quite common. Treatment for allergic conjunctivitis include oral medications, eye drops or immunotherapy. The increase in prevalence of allergic conjunctivitis is projected to drive the global allergic conjunctivitis market growth during the forecast period.

 Data Bridge Market Research analyses a growth rate in the global allergic conjunctivitis drugs market in the forecast period 2023-2030. The expected CAGR of global hypersensitivity market is tend to be around 5.90% in the mentioned forecast period. The market was valued at USD 3724.2 million in 2022, and it would grow upto USD 5891.16 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Allergic Conjunctivitis Drugs Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Bacterial, Viral, Allergic and Chemical), Drug Class (Antibiotics, Mast Cells Stabilizers, Steroids and Others), Route Of Administration (Topical, oral, Intra-Vitreal and Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Bausch Health Companies Inc. (Canada), Merck & Co. Inc. (U.S.), Pfizer Inc. (U.S.), Teva Pharmaceutical Industries Ltd. (Israel), Bayer AG (Germany), Novartis AG (Switzerland), Endo International plc (Ireland), Lupin (India), Cipla Inc (India), Akorn Operating Company (U.S.), Lupin (India), Bausch &Lomb (Canada), Perrigo Company plc (Ireland), Hoffmann-La Roche Ltd (Switzerland), AbbVie Inc. (U.S.)

Market Opportunities

  • Higher Growth on Product Launches
  • Increasing Demand for Retail Pharmacies

Market Definition

Allergic conjunctivitis is a type of eye disorder that is characterized by inflammation in the conjunctiva because of allergens, pollen grain, dust mites, cosmetics, chemicals and perfumes. It is also commonly known as pink eye that leads to swell the outer membrane of eyeball. It does not cause any other serious health problems if diagnosed and treated at early stages. The common symptoms include gritty feelings in the eye, abnormal tears amount, itchiness in eyes, thick discharges that form up in the eye during night time and pink or red colour toned eyes.

Global Allergic Conjunctivitis Drugs Market Dynamics

Drivers

  • Increase in Allergic conjunctivitis

The rise in prevalence of allergic conjunctivitis is projected to boost the global allergic conjunctivitis market growth during the forecast period. For instance, according to Clinical Epidemiology and Global Health, in India, the incidence of allergic conjunctivitis was around 12.22%, whereas allergic conjunctivitis was recorded in more males (13.44%) compared to females (10.71%) in 2019. This boost the market growth.

  • Growing R&D Activities

Major market players operating in the market are focusing on the development of treatments for allergic conjunctivitis, this is projected to boost the global allergic conjunctivitis market growth during the forecast period. For instance, in April 2020, Ocular Therapeutix, Inc., a biopharmaceutical company focused on the development, formulation, and commercialization of innovative therapies for diseases and conditions of the eye, declared topline results from its Phase 3 clinical trial to assess the safety and efficacy of DEXTENZA used for the treatment of ocular itching related with allergic conjunctivitis (AC).

Opportunities

  • Higher Growth on Product Launches

Major market players operating in the global allergic conjunctivitis market are primarily focusing on adoption of growth strategies such as product launch, regulatory approval, and R&D for the treatment of allergic conjunctivitis, that are expected to drive the market growth during the forecast period. For instance, in March 2020, Eyevance Pharmaceuticals, a provider of ophthalmic products and therapies intended to address unmet medical needs, announced the U.S. launch of Zerviate 0.24% for treating ocular itching related with allergic conjunctivitis.

  • Increasing Demand for Retail Pharmacies

The increase in the number of allergic conjunctivitis drugs therapeutics delivered through retail pharmacies and the rise in the number of retail pharmacies in highly developed countries create opportunities for the market growth. Additionally, patients choose retail pharmacies for purchasing drugs, as these are easily available.

 Restraints/Challenges

  • Lack of skilled professionals

The lack of qualified healthcare professional unable to treat the patients with appropriate eye lubricants could restrain the growth of the global allergic conjunctivitis drugs market over a forecast period.

  • Risk of Side-Effects

The side effects associated with the allergic conjunctivitis drugs that comes with the application of drugs of allergic conjunctivitis drugs impedes the market growth. Severe side-effects such as eye pain, change in vision, continued eye redness or irritation and severe side effects such as allergy hampers the market's growth.

This global allergic conjunctivitis drugs market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global allergic conjunctivitis drugs market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Global Allergic Conjunctivitis Drugs Market   

The COVID-19 pandemic significantly impacted the pharmaceutical industry's entire supply chain, mostly because of the strict lockdown in several regions. Furthermore, the demand for conjunctivitis drugs is growing in this COVID-19 pandemic, because of the increasing number of conjunctivitis cases, in which it has been seen that conjunctivitis was the only symptom in COVID-19 positive patients. Thus, this will significantly impact the global allergic conjunctivitis drugs market.

Global Allergic Conjunctivitis Drugs Market Scope

The global allergic conjunctivitis drugs market is segmented on the basis of drug class, type, route of administration, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Bacterial
  • Viral
  • Allergic
  • Chemical

Drug Class

  • Antibiotics
  • Mast Cells Stabilizers
  • Steroids
  • Others

Route of Administration

  • Topical
  • Oral
  • Intra-Vitreal
  • Others

End User

  • Hospitals
  • Homecare
  • Specialty Clinics
  • Others

Distribution Channel

  • Hospital Pharmacy
  • Online Pharmacy
  • Retail Pharmacy

Allergic Conjunctivitis Drugs Market Regional Analysis/Insights

The global allergic conjunctivitis drugs market is analyzed and market size insights and trends are provided by drug class, type, route of administration, distribution channel and end-user as referenced above.

The major countries covered in the global allergic conjunctivitis drugs market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific has been witnessing a positive growth for global allergic conjunctivitis drugs market throughout the forecasted period due to increased new research and developments on allergic conjunctivitis drugs market.

North America dominates the market due to the presence of key manufacturers of the product is high and, increasing research and development activities, healthcare expenditure

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Allergic Conjunctivitis Drugs Market Share Analysis

The global allergic conjunctivitis drugs market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related global allergic conjunctivitis drugs market.

Key players operating in the global allergic conjunctivitis drugs market include:

  • Merck & Co. Inc. (U.S.)
  • Pfizer Inc. (U.S.)
  • Teva Pharmaceutical Industries Ltd. (Israel)
  • Bayer AG (Germany)
  • Novartis AG (Switzerland)
  • Endo International plc (Ireland)
  • Lupin (India)
  • Cipla Inc (India)
  • Akorn Operating Company (U.S.)
  • Bausch &Lomb (Canada)
  • Perrigo Company plc (Ireland)
  • Hoffmann-La Roche Ltd (Switzerland)
  • AbbVie Inc. (U.S.)
  • Bausch Health Companies Inc. (Canada)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The global allergic conjunctivitis drugs market was USD 3724.2 million in 2022.
The global allergic conjunctivitis drugs market is projected to grow at a CAGR of 5.90% during the forecast period of 2023-2030.
North America dominates the market due to the presence of key manufacturers of the product is high and, increasing research and development activities, healthcare expenditure
Asia-Pacific has been witnessing positive growth for the global allergic conjunctivitis drugs market throughout the forecasted period due to increased new research and developments in the allergic conjunctivitis drugs market.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials