Eye inflammation caused by an allergic reaction to allergens such as pollen or mold spores, dust mites, and animal fur is known as allergic conjunctivitis. It is the body’s reaction to substances that could be potentially harmful. The eyeball has a membrane known as conjunctiva, which is vulnerable to irritation from allergens. Some of the symptoms of allergic conjunctivitis are red, itchy, watery, and burning eyes. Treatment for allergic conjunctivitis include oral medications, eye drops or immunotherapy.

The Global Allergic Conjunctivitis Market is estimated to be valued at US$ 2,486.7 million in 2021 and is expected to exhibit a CAGR of 5.4% during the forecast period (2021-2028).

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Increasing prevalence and incidence of allergic conjunctivitis expected to drive the market growth during the forecast period.

The increase in incidence and prevalence of allergic conjunctivitis is expected to drive the global allergic conjunctivitis market growth over the forecast period. For instance, according to Clinical Epidemiology and Global Health, in India, the prevalence of allergic conjunctivitis was 12.22% where allergic conjunctivitis was reported in more males (13.44%) as compared to females (10.71%) in 2019.

Global Allergic Conjunctivitis Market– Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization has declared it a public health emergency. According to the World Health Organization’s report, the manifestation of coronavirus (COVID-19) has resulted in more than 198 million infected individuals worldwide as of August 2, 2021.

COVID-19 can affect the economy in three main ways; by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries such as China, India, Saudi Arabia, UAE, Egypt, and others are facing problems with regards to transportation of drugs from one place to another.

Global Allergic Conjunctivitis Market: Restraint

The major factors that hinder growth of the global allergic conjunctivitis market include the lack of awareness of ocular allergies and its adverse reaction towards medication.

Key Players

Major players operating in the global allergic conjunctivitis market are Eton Pharmaceutical, Sun Pharmaceutical Industries Ltd., Novartis AG., Bausch & Lomb Incorporated., Allergan, Ocular Therapeutix, Inc., Eyevance Pharmaceuticals LLC, Alcon, Santen Pharmaceutical Co., Ltd., Auven Therapeutics, and Atopix Therapeutics Ltd.

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