The Conjunctivitis Treatment Global Market Report 2023, provides comprehensive information on the conjunctivitis treatment market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Conjunctivitis Treatment Global Market Report 2023, the market size is expected to grow from $4.27 billion in 2022 to $4.49 billion in 2023 at a compound annual growth rate (CAGR) of 5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of conjunctivitis treatment market is expected to reach $5.24 billion in 2027 at a CAGR of 3.9%.
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Product innovation has emerged as a key trend gaining popularity in the conjunctivitis treatment market. Major companies operating in the conjunctivitis treatment market are concentrating on creating innovative products to strengthen their position in the market. For instance, in March 2022, Johnson & Johnson Vision Care, a US-based division of Johnson & Johnson focused specifically on eye health and vision care, received US FDA approval for ACUVUE Theravision with Ketotifen, the world's first drug-eluting contact lens. This innovative technology combines ACUVUE daily disposable contact lenses with an established antihistamine, creating a new category in the market. ACUVUE Theravision with Ketotifen is indicated for preventing ocular itch caused by allergic conjunctivitis and providing vision correction for suitable contact lens wearers without red eyes and with up to 1.00 D of astigmatism.
The conjunctivitis treatment market is segmented:
1) By Drug Class: Antibiotics, Antiviral, Anti-Allergic, Artificial Tears
2) By Disease Type: Allergic Conjunctivitis, Bacterial Conjunctivitis, Viral Conjunctivitis
3) By Route Of Administration: Oral, Topical
4) By End-Users: Hospitals, Homecare, Specialty Clinics, Other End-Users
North America was the largest region in the conjunctivitis treatment market in 2022.
The table of contents in TBRC’s conjunctivitis treatment market report includes:
Executive Summary
Market Characteristics
Market Trends And Strategies
Impact Of COVID-19
Market Size And Growth
Segmentation
Regional And Country Analysis
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Competitive Landscape And Company Profiles
Key Mergers And Acquisitions
Future Outlook and Potential Analysis
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