Conjunctivitis Treatment Market Size, Demand and Future Opportunities and Forecast 2030


Posted March 8, 2024 by Jameslin

Conjunctivitis Treatment Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast 2030

 
The conjunctivitis treatment market is expected to reach a value of USD 4.9 billion globally by 2022, with a compound annual growth rate (CAGR) of 5.1%. Conjunctivitis is an inflammation of the membrane covering the eyeball, affecting the conjunctiva part of the eye during the rainy season. It is easily contagious and rarely negatively affects human eyes. Allergy-related conjunctivitis is very common and primarily occurs during the hay fever season. Different strategies are employed in the market to treat this condition.
Antibiotic eye drops or ointments are frequently used for bacterial conjunctivitis. Antiviral drugs are administered if the conjunctivitis is viral; nevertheless, viral conjunctivitis usually goes away on its own. Lubricating eye drops assist preserve moisture in the eyes and reduce symptoms. It is advised that patients with allergic conjunctivitis use antihistamine eye drops. Steroid eye drops are used to treat patients in severe situations.

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Impact of Covid-19
There are multiple effects of the COVID-19 pandemic on the market for conjunctivitis treatments. Restrictions or lockdowns made it more difficult to access medical facilities, which delayed the diagnosis and treatment of conjunctivitis. Due to the pandemic's increased emphasis on hygienic habits, there has been a rise in awareness of eye health, which may be driving up demand for conjunctivitis treatments. Variations in the market have resulted from supply chain disruptions that have affected the timely availability of conjunctivitis treatments.
Growth Drivers
The market for conjunctivitis treatments is expanding as a result of lifestyle modifications and an increase in allergic conjunctivitis cases. The discovery of new medications and treatments through research and development expenditures is another major driver of this market's expansion. The market is expanding because hemorrhagic conjunctivitis is becoming more common. Partnerships with healthcare professionals and heightened awareness campaigns are two more factors propelling the market's expansion. The market is expanding at a substantial rate due to rising awareness of eye-related disorders.
The market is expanding dramatically due to the rise in R&D efforts aimed at obtaining improved treatments. The market is expanding due to rising healthcare costs and technology developments. Globalization, industrialization, and rising air pollution are the main factors propelling the market's expansion. Another reason contributing to the rise is the increasing prevalence of bacterial conjunctivitis infections.
Segmentation
Drug Class
· Antibiotics
· Antivirals
· Antiallergic
· Artificial Tears
Disease Type
· Bacterial
· Chemical
· Viral
· Allergic Conjunctivitis
Route of Administration
· Oral
· Topical
End-User
· Hospital
· Online Pharmacies
· Retail Pharmacies
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Europe
· Middle East and Africa
Key Players
· Novartis AG
· Cipla Limited
· Abbvie Inc
· Dr. Reddy’s Laboratories limited
· Micro Labs Limited
· Ocular Therapeutix Inc
· Akkorn operating company
· Vitaris Inc
· Aurobindo Pharma Limited
· Other Players
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Categories Health , Medical , Miscellaneous
Tags conjunctivitis treatment market , conjunctivitis treatment market size , conjunctivitis treatment market share , conjunctivitis treatment market news
Last Updated March 8, 2024