The global conjunctivitis market size is expected to reach US$ 6.85 billion by 2030 from USD 4.39 billion in 2020 and is expected to grow at an impressive double-digit rate of 3.65% from 2021 to 2030.
The study includes drivers and restraints of this market.
The study provides an analysis of the global conjunctivitis Market for the
period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is
considered as the base year.
Conjunctivitis is a contamination of the conjunctiva, a slim membrane layering the white portion of the sclera, eye, or the internal surface of the lids. Conjunctivitis can be very contagious and expand easily within large collections of people. Occasionally, especially in children, the ailment can affect visualization. In such situations, clinicians need to be knowledgeable immediately for effective and primary treatment.
Conjunctivitis is a contamination of the conjunctiva, a slim membrane layering the white portion of the sclera, eye, or the internal surface of the lids. Conjunctivitis can be very contagious and expand easily within large collections of people. Occasionally, especially in children, the ailment can affect visualization. In such situations, clinicians need to be knowledgeable immediately for effective and primary treatment.
Causes of Conjunctivitis:
- Bacteria
- Virus
- Allergens
- Irritant such as Chemicals
Type of conjunctivitis:
Based on the different agents leading to conjunctivitis, the condition can be classified into the following types.
Bacterial Conjunctivitis:
When the eye's ability to resist bacterial infections is compromised, conjunctival infection occurs. This can happen during serious illnesses or in immunocompromised individuals. Bacteria such as Streptococcus pneumoniae, the Moraxella species, the Hemophilus species, and the Staphylococcus species can lead to infection. Bacterial conjunctivitis can be further classified into the following types.
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Viral Conjunctivitis:
Viral conjunctivitis is caused by viruses and is found to be associated with upper respiratory tract infections. It is a highly contagious condition that begins in one eye and often spreads to the other. As antibiotics do not cure this type of infection, infected individuals must wait for the condition to ease by itself. Medical attention is essential if the infection lasts for over seven days. Adenoviruses and herpes viruses are commonly associated with viral conjunctivitis.
Allergic conjunctivitis:
The conjunctiva, when exposed to the environment, is often associated with allergic and immune-mediated reactions, which lead to allergic conjunctivitis. In this condition, type 1 hypersensitivity reactions occur when an allergen reacts with IgE antibodies, resulting in mast cell degranulation and release of inflammatory mediators. Allergic conjunctivitis can be further classified into the following types.
If you are aiming to enter the global conjunctivitis Market,
this report is a comprehensive guide that provides crystal clear insights into
this niche market. All the major application areas for conjunctivitis are
covered in this report and information is given on the important regions of the
world where this market is likely to boom during the forecast period of
2021-2030, so that you can plan your strategies to enter this market
accordingly.
Besides, through this report, you can have a complete grasp
of the level of competition you will be facing in this hugely competitive
market and if you are an established player in this market already, this report
will help you gauge the strategies that your competitors have adopted to stay
as market leaders in this market. For new entrants to this market, the
voluminous data provided in this report is invaluable.
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Growth Factors
Smoking affects the ocular surface, resulting in redness, itchiness, and irritation of the eyes. This can cause atopic keratoconjunctivitis and allergic conjunctivitis due to decreased conjunctival sensitivity. Industrialization, especially the automobile industry, involves high levels of pollutants and chemicals. Exposure to diesel exhausts increases the density of inflammatory cells, such as IL-6 and intercellular adhesion molecule-1, leading to the development of allergic conjunctivitis. This will drive the growth of the conjunctivitis medication market, as more individuals will require treatment.
- Among the type segment, allergic conjunctivitis dominated the overall market in 2020. High prevalence of allergic conjunctivitis due to high exposure to allergen is the foremost factors attributing to its large market share.
- The adults segment accounted for the major share of revenue in the patient type segment with more than 63% share in 2020 due to high incidence of conjunctivitis in adults. Pediatric segment is anticipated to grow at the uppermost CAGR through the forecast duration.
- Anti-histaminic accounted for the largest revenue in the drug-class segment. Use of anti-histaminic for the management of allergic conjunctivitis is the key reason for high market share. Steroid Drugs segment is expected to grow at the highest growth rate through the estimate duration.
- Allegran, Pfizer Inc, Atopix Therapeutics Ltd. accounted for a significant share of the global conjunctivitis market.
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Key Market Players and Strategies
Increased expenditure on research and progress along with acquisition, collaborations, and mergers are the significant strategies taken up by producers working in the international conjunctivitis market. Moreover, leading companies are investing heavily on research for the development of new treatment techniques. Strategic associations in terms of authorizing and collaboration, allow businesses to co-develop and commercialize formulation. Companies have been investing in the discovery and R&D of medication for conjunctivitis. For instance, AC-170 by Nicox is in the registration stage, and AGN- 229666 and DEXTENZA (OTX-DP) by Allergan and Ocular Therapeutix, respectively, are in the Phase III stage of development.
- Bacterial Conjunctivitis
- Viral Conjunctivitis
- Allergic Conjunctivitis
By Patients Type
- Pediatric
- Adults
By Drug Class
- Antibiotics
- Anti-Histaminic
- Decongestant
- Steroid Drugs
- Others
Regional Analysis:
The geographical analysis of the global conjunctivitis
Market has been done for North America, Europe, Asia-Pacific, and the Rest
of the World.
The North American market is again segmented into the US,
Canada, and Mexico. Coming to the European market, it can be segmented further
into the UK, Germany, France, Italy, Spain, and the rest. Coming to the
Asia-Pacific, the global conjunctivitis Market is segmented into China, India,
Japan, and Rest of Asia Pacific. Among others, the market is segmented into the
Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle
East & Africa).
Key Questions Answered by the Report:
- What
will be the size of the global conjunctivitis Market in 2030?
- What
is the expected CAGR for the conjunctivitis Market between 2021 and 2030?
- Which
are the top players active in this global market?
- What
are the key drivers of this global market?
- How
will the market situation change in the coming years?
- Which
region held the highest market share in this global market?
- What
are the common business tactics adopted by players?
- What
is the growth outlook of the global conjunctivitis market?
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