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Conjunctivitis Treatment Market 2021: Future Forecast Indicates Impressive Growth Rate, CAGR of 3.7%, Industry Share, Manufacturers Strategy, Opportunities, Challenges, Demands, COVID-19 Analysis and Business Prospect till 2027

Conjunctivitis Treatment Market |2021 Analysis, Key Opportunities Major Players, Impact of COVID-19 and Size, Growth, Share, Regional Analysis With Global Industry Forecast To 2027, The global “Conjunctivitis Treatment Market” is set to gain traction from the rising technological advancements in the field of ophthalmology. Besides, the increasing discovery of new techniques of drug delivery would also impact the market positively. This information is given by Fortune Business Insights™ in a recently published report, titled, “Conjunctivitis Treatment Market Size, Share & COVID-19 Impact Analysis, By Drug Class (Antibiotics, Antiviral, Anti-allergic, Artificial Tear and Others), By Disease Type (Bacterial Conjunctivitis, Viral Conjunctivitis, and Allergic Conjunctivitis) By Route of Administration (Topical, Oral, and Intravitreal), By Distribution Channel (Hospital Pharmacies, Online Pharmacies, and Retail Pharmacies & Drug Stores), and Regional Forecast, 2020-2027.” The report further states that the conjunctivitis treatment market size was USD 3.85 billion in 2019 and is projected to reach USD 4.38 billion by 2027, exhibiting a CAGR of 3.7% during the forecast period.

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What does the Report Include?

The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves leading companies and adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.

This Report Answers the Following Questions:

  • What are the market growth drivers, dynamics, and hindrances?
  • Which segment is set to lead the market in the near future?
  • Which company would generate the largest revenue?
  • How will the companies surge sales of new drugs for conjunctivitis treatment?

Conjunctivitis Treatment Highlights of the Report:

  1. Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
  2. Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
  3. Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  4. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  5. Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

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Regional Analysis-

North America to Dominate Fueled by Presence of Several Industry Giants

Geographically, North America procured USD 1.85 billion in terms of revenue in 2019 and is expected to lead in the near future. This growth is attributable to the rising awareness about eye diseases amongst the masses, presence of industry giants in the region, and the increasing cases of conjunctivitis. Europe is anticipated to remain in the second position on account of the surging usage of novel drugs for conjunctivitis treatment, rising pool of conjunctivitis patients, and increasing healthcare expenditure in this region.

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Drivers & Restraints-

Rising Awareness Programs about Eye-related Diseases will Propel Growth

Conjunctivitis can be of three types, namely, allergic, viral, and bacterial. The National Centre for Biotechnology Information mentioned that these types of diseases vary from person to person according to the season of the year and the patient’s age. It also spreads rapidly through direct contact, such as sneezing, coughing, and hands. Also, numerous companies are trying to launch new drug formulations and innovative drug delivery systems for faster recovery of the patients. Apart from that, ocular disorder management and the increasing awareness programs about eye-related diseases would contribute to the conjunctivitis treatment market growth in the coming years.

COVID-19 to Contribute to a Lower Growth Due to Strong Decline in Hospital Visits

The outbreak of the COVID-19 pandemic across the globe is set to negatively impact the global market growth. Despite the patients suffering from conjunctivitis tend to be at a high risk of getting injected by viral conjunctiva that is usually caused because of adenovirus, the market is expected to undergo a decline. While coronavirus also causes several similar ocular signs and symptoms, such as conjunctivitis infection, watery discharge, photophobia, and eye irritation. Due to the stringent lockdowns imposed by governments across the globe, the postponement or cancellations of non-life-threatening medical visits is expected to restrict the market growth as lesser prescriptions for conjunctivitis will be issued in this time period.

Competitive Landscape-

Key Players Focus on Receiving Fast Track Approvals for Their New Drugs

The companies operating in the market are presently focusing on investing hefty amounts of money to conduct research and develop activities. These are helping them to develop new drugs for conjunctivitis treatment. They are also trying to receive approvals for their novel drugs from the regulatory bodies. Below are two of the latest industry developments:

  • April 2020: Ocular Therapeutix™, Inc., a biopharmaceutical firm declared the Phase 3 clinical trial results. It was conducted to find out the efficacy and safety of DEXTENZA® for the treatment of ocular itching caused by allergic conjunctivitis. As per the results, DEXTENZA is capable of treating the disease.
  • May 2017: The U.S. Food and Drug Administration (FDA) announced its approval of a New Drug Application (NDA) named Zerviate. It will be used to treat ocular itching that is caused by allergic conjunctivitis. It is considered to be the first topical ocular formulation of Nicox, an ophthalmology company based in France.

Fortune Business Insights™ lists out the names of all the manufacturers of drugs used for conjunctivitis treatment. They are as follows:

  • Allergan
  • Akorn, Incorporated
  • Eyevance Pharmaceuticals LLC.
  • NOVARTIS AG
  • Santen Pharmaceutical Co., Ltd
  • Alcon
  • Bausch & Lomb Incorporated
  • Others key market players

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Global Conjunctivitis Treatment Market Segmentation :

By Drug Class

  • Antibiotics
  • Antiviral
  • Anti-allergic
  • Artificial Tears
  • Others

By Disease Type

  • Bacterial Conjunctivitis
  • Viral Conjunctivitis
  • Allergic Conjunctivitis

By Route of Administration

  • Topical
  • Oral

By Distribution Channel

  • Hospital Pharmacies
  • Online Pharmacies
  • Retail Pharmacies & Drug Stores

By Geography

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
  • Asia-Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia- Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa)

Table of Content:

1 Conjunctivitis Treatment Market Overview

1.1 Conjunctivitis Treatment Product Overview

1.2 Conjunctivitis Treatment Market Segment by Type

1.3 Global Conjunctivitis Treatment Market Size by Type (2015-2027)

1.3.1 Global Conjunctivitis Treatment Market Size Overview by Type (2015-2027)

1.3.2 Global Conjunctivitis Treatment Historic Market Size Review by Type (2015-2021)

1.3.2.1 Global Conjunctivitis Treatment Sales Market Share Breakdown by Type (2015-2027)

1.3.2.2 Global Conjunctivitis Treatment Market Share Breakdown by Type (2015-2027)

1.3.2.3 Global Conjunctivitis Treatment Average Selling Price (ASP) by Type (2015-2027)

1.3.3 Global Conjunctivitis Treatment Market Size Forecast by Type (2021-2027)

1.3.3.1 Global Conjunctivitis Treatment Sales Market Share Breakdown by Application (2021-2027)

1.3.3.2 Global Conjunctivitis Treatment Revenue Market Share Breakdown by Application (2021-2027)

1.3.3.3 Global Conjunctivitis Treatment Average Selling Price (ASP) by Application (2021-2027)

1.4 Key Regions Market Size Segment by Type (2015-2021)

1.4.1 North America Conjunctivitis Treatment Sales Breakdown by Type (2015-2027)

1.4.2 Europe Conjunctivitis Treatment Sales Breakdown by Type (2015-2027)

1.4.3 Asia-Pacific Conjunctivitis Treatment Sales Breakdown by Type (2015-2027)

1.4.4 Latin America Conjunctivitis Treatment Sales Breakdown by Type (2015-2027)

1.4.5 Middle East and Africa Conjunctivitis Treatment Sales Breakdown by Type (2015-2027)

2 Global Conjunctivitis Treatment Market Competition by Company

2.1 Global Top Players by Conjunctivitis Treatment Sales (2015-2021)

2.2 Global Top Players by Conjunctivitis Treatment Revenue (2015-2021)

2.3 Global Top Players Conjunctivitis Treatment Average Selling Price (ASP) (2015-2021)

2.4 Global Top Company Conjunctivitis Treatment Manufacturing Base Distribution, Sales Area, Product Type

2.5 Conjunctivitis Treatment Market Competitive Situation and Trends

2.5.1 Conjunctivitis Treatment Market Growth Rate (2015-2021)

2.5.2 Global 5 and 10 Largest Company by Conjunctivitis Treatment Sales and Revenue in 2019

2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Conjunctivitis Treatment as of 2019)

2.7 Date of Key Company Enter into Conjunctivitis Treatment Market

2.8 Key Company Conjunctivitis Treatment Product Offered

2.9 Mergers and Acquisitions, Expansion

3 Global Conjunctivitis Treatment Status and Outlook by Region (2015-2027)

3.1 Global Conjunctivitis Treatment Market Size and CAGR by Region: 2015 VS 2021 VS 2027

3.2 Global Conjunctivitis Treatment Market Size Market Share by Region (2015-2021)

3.2.1 Global Conjunctivitis Treatment Sales Market Share by Region (2015-2021)

3.2.2 Global Conjunctivitis Treatment Revenue Market Share by Region (2015-2021)

3.2.3 Global Conjunctivitis Treatment Sales, Revenue, Price and Gross Margin (2015-2021)

3.3 Global Conjunctivitis Treatment Market Size Market Share by Region (2021-2027)

3.3.1 Global Conjunctivitis Treatment Sales Market Share by Region (2021-2027)

3.3.2 Global Conjunctivitis Treatment Revenue Market Share by Region (2021-2027)

3.3.3 Global Conjunctivitis Treatment Sales, Revenue, Price and Gross Margin (2021-2027)

3.4 North America Conjunctivitis Treatment Market Size By Growth (2015-2027)

3.4.1 North America Conjunctivitis Treatment Revenue By Growth (2015-2027)

3.4.2 North America Conjunctivitis Treatment Sales By Growth (2015-2027)

3.5 Asia-Pacific Conjunctivitis Treatment Market Size By Growth (2015-2027)

3.5.1 Asia-Pacific Conjunctivitis Treatment Revenue By Growth (2015-2027)

3.5.2 Asia-Pacific Conjunctivitis Treatment Sales By Growth (2015-2027)

3.6 Europe Conjunctivitis Treatment Market Size By Growth (2015-2027)

3.6.1 Europe Conjunctivitis Treatment Revenue By Growth (2015-2027)

3.6.2 Europe Conjunctivitis Treatment Sales By Growth (2015-2027)

3.7 Latin America Conjunctivitis Treatment Market Size By Growth (2015-2027)

3.7.1 Latin America Conjunctivitis Treatment Revenue By Growth (2015-2027)

3.7.2 Latin America Conjunctivitis Treatment Sales By Growth (2015-2027)

3.8 Middle East and Africa Conjunctivitis Treatment Market Size By Growth (2015-2027)

3.8.1 Middle East and Africa Conjunctivitis Treatment Revenue By Growth (2015-2027)

3.8.2 Middle East and Africa Conjunctivitis Treatment Sales By Growth (2015-2027)

4 Global Conjunctivitis Treatment by Application

4.1 Conjunctivitis Treatment Segment by Application

4.1.1 Residential

4.1.2 Commercial

4.2 Global Conjunctivitis Treatment Sales by Application: 2015 VS 2021 VS 2027

4.3 Global Conjunctivitis Treatment Historic Sales by Application (2015-2021)

4.4 Global Conjunctivitis Treatment Forecasted Sales by Application (2021-2027)

4.5 Key Regions Conjunctivitis Treatment Market Size by Application

4.5.1 North America Conjunctivitis Treatment by Application

4.5.2 Europe Conjunctivitis Treatment by Application

4.5.3 Asia-Pacific Conjunctivitis Treatment by Application

4.5.4 Latin America Conjunctivitis Treatment by Application

4.5.5 Middle East and Africa Conjunctivitis Treatment by Application

5 North America Conjunctivitis Treatment Market Size by Country (2015-2027)

5.1 North America Market Size Market Share by Country (2015-2021)

5.1.1 North America Conjunctivitis Treatment Sales Market Share by Country (2015-2021)

5.1.2 North America Conjunctivitis Treatment Revenue Market Share by Country (2015-2021)

5.2 North America Market Size Market Share by Country (2021-2027)

5.2.1 North America Conjunctivitis Treatment Sales Market Share by Country (2021-2027)

5.2.2 North America Conjunctivitis Treatment Revenue Market Share by Country (2021-2027)

5.3 North America Market Size By Growth by Country

5.3.1 U.S. Conjunctivitis Treatment Market Size By Growth (2015-2027)

5.3.2 Canada Conjunctivitis Treatment Market Size By Growth (2015-2027)

6 Europe Conjunctivitis Treatment Market Size by Country (2015-2027)

6.1 Europe Market Size Market Share by Country (2015-2021)

6.1.1 Europe Conjunctivitis Treatment Sales Market Share by Country (2015-2021)

6.1.2 Europe Conjunctivitis Treatment Revenue Market Share by Country (2015-2021)

6.2 Europe Market Size Market Share by Country (2021-2027)

6.2.1 Europe Conjunctivitis Treatment Sales Market Share by Country (2021-2027)

6.2.2 Europe Conjunctivitis Treatment Revenue Market Share by Country (2021-2027)

6.3 Europe Market Size By Growth by Country

6.3.1 Germany Conjunctivitis Treatment Market Size By Growth (2015-2027)

6.3.2 France Conjunctivitis Treatment Market Size By Growth (2015-2027)

6.3.3 U.K. Conjunctivitis Treatment Market Size By Growth (2015-2027)

6.3.4 Italy Conjunctivitis Treatment Market Size By Growth (2015-2027)

6.3.5 Russia Conjunctivitis Treatment Market Size By Growth (2015-2027)

7 Asia-Pacific Conjunctivitis Treatment Market Size by Country (2015-2027)

7.1 Asia-Pacific Market Size Market Share by Country (2015-2021)

7.1.1 Asia-Pacific Conjunctivitis Treatment Sales Market Share by Country (2015-2021)

7.1.2 Asia-Pacific Conjunctivitis Treatment Revenue Market Share by Country (2015-2021)

7.2 Asia-Pacific Market Size Market Share by Country (2021-2027)

7.2.1 Asia-Pacific Conjunctivitis Treatment Sales Market Share by Country (2021-2027)

7.2.2 Asia-Pacific Conjunctivitis Treatment Revenue Market Share by Country (2021-2027)

7.3 Asia-Pacific Market Size By Growth by Country

7.3.1 China Conjunctivitis Treatment Market Size By Growth (2015-2027)

7.3.2 Japan Conjunctivitis Treatment Market Size By Growth (2015-2027)

7.3.3 South Korea Conjunctivitis Treatment Market Size By Growth (2015-2027)

7.3.4 India Conjunctivitis Treatment Market Size By Growth (2015-2027)

7.3.5 Australia Conjunctivitis Treatment Market Size By Growth (2015-2027)

7.3.6 Taiwan Conjunctivitis Treatment Market Size By Growth (2015-2027)

7.3.7 Indonesia Conjunctivitis Treatment Market Size By Growth (2015-2027)

7.3.8 Thailand Conjunctivitis Treatment Market Size By Growth (2015-2027)

7.3.9 Malaysia Conjunctivitis Treatment Market Size By Growth (2015-2027)

7.3.10 Philippines Conjunctivitis Treatment Market Size By Growth (2015-2027)

Toc Continue…

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