Allergic Conjunctivitis Market is expected to reach US$ 1,642.6 Million by 2027. Allergic conjunctivitis interchangeably is also known as Ocular allergy (OA). It is a common immunological hypersensitivity disorder affecting numerous populations. In recent years, allergic conjunctivitis has been increasing in frequency, with symptoms of itching, redness, and swelling globally that significantly impact an individual’s quality of life. Besides, allergic conjunctivitis is an often under diagnosed and undertreated health problem because very few patients with allergic conjunctivitis symptoms seek medical attention, whereas most patients manage with over-the-counter medications and complementary no pharmacological remedies.
Recently, the prevalence of allergic conjunctivitis has increased due to factors like rapid urbanization and an increasing number of allergens. Moreover, increasing awareness is further expected to boost the adoption of drugs for allergic conjunctivitis conditions during the forecast period. Remarkably, considering these contributively factors, a substantial influx of generic versions of prominent medications is likely to create growth opportunities for the global allergic conjunctivitis market during the forecast period. Furthermore, increasing prescription (Rx) drugs to over-the-counter (OTC) switches are also expected to boost this market.
As per our analysis, the United States stands out as the largest market for allergic conjunctivitis treatments due to the high prevalence of allergic conjunctivitis. Further, the allergic conjunctivitis treatment market in the United States has the most dominant patient population and is also expected to have a large population base in the forecasted period. Remarkably, leading to increased demand for improved health care facilities, the country also has the most significant treated patients’ population.
Further, rapid urbanization and increased particulate pollution have augmented the incidence of allergic conjunctivitis in several countries, such as India and China. However, a few factors such as a dearth of awareness among the general public concerning eye disorders and lack of health insurance control the market in France, Germany, Italy, and Spain. According to the publisher, Global Allergic Conjunctivitis Industry has grown with a CAGR of 0.2% from 2021-2027.
COVID-19 virus outbreak in December 2019 had spread to over 100 countries across the globe. Moreover, COVID-19 affected the economy in three significant ways; by directly affecting production and demand, devising disruptions in distribution channels, and its financial influence on firms and financial markets. Further, players operating in the worldwide allergic conjunctivitis industry faced significant challenges on various fronts due to the COVID-19 pandemic.
Nevertheless, significant challenges comprise the supply of raw materials required for drug formulations due to irregularities in transportation. Moreover, distributors also experienced irregular demand for products from the retailers due to the increased number of patients suffering from COVID-19 and other life-threatening disorders.
Our report covers numerous Disease Type variants like Seasonal Allergic Conjunctivitis (SAC) & Perennial Allergic Conjunctivitis (PAC), Vernal Keratoconjunctivitis (VKC), Atopic Keratoconjunctivitis (AKC), and Giant Papillary Conjunctivitis (GPC). Moreover, in our report, we have also covered, Allergic Conjunctivitis Pipeline Drugs like Zerviate, OTX-DP, ADX-102, PRT-2761, CVXL-0074, AK-002, Bertilimumab, Reproxalap, ST-266, SYL-116011. The increase in awareness of allergic conjunctivitis associated with medical treatment & upcoming therapies is enhancing the market expansion. Moreover, numerous pharmaceutical companies are trying to develop many new treatment possibilities for allergic conjunctivitis.
Major players performing in the global allergic conjunctivitis market are Ocular Therapeutix Inc., Portola Pharmaceuticals Inc., Alcon, Santen Pharmaceutical Co., Ltd., and Novartis. Key players operating in the market are tremendously focusing on developing treatments for allergic conjunctivitis. This is anticipated to drive the global allergic conjunctivitis market growth during the forecast period.
Further, the market players are considerably contributing to market growth by adopting various strategies, including new product launches, mergers and acquisitions, collaborations with the government, and technological advancements to stay competitive in the market.
This research report titled “Global Allergic Conjunctivitis Market, Patients, Treated Patients By Countries (India, China, Japan, United States, United Kingdom, France, Germany, Italy, Spain), Disease Type (Seasonal Allergic Conjunctivitis (SAC) & Perennial Allergic Conjunctivitis (PAC), Vernal Kerato Conjunctivitis (VKC), Atopic Kerato Conjunctivitis (AKC) And Giant Papillary Conjunctivitis (GPC)), Drugs Profile (Zerviate, OTX-DP, ADX-102, PRT-2761, CVXL-0074, AK-002, Bertilimumab, Reproxalap, ST-266, SYL-116011) Companies (Ocular Therapeutix Inc., Portola Pharmaceuticals Inc., Alcon, Santen Pharmaceutical Co., Ltd., and Novartis)” provides a detailed analysis of Allergic Conjunctivitis Industry.
Global Allergic Conjunctivitis Market Size was US$ 1,621.5 Million in 2021
Recently, the prevalence of allergic conjunctivitis has increased due to factors like rapid urbanization and an increasing number of allergens. Moreover, increasing awareness is further expected to boost the adoption of drugs for allergic conjunctivitis conditions during the forecast period. Remarkably, considering these contributively factors, a substantial influx of generic versions of prominent medications is likely to create growth opportunities for the global allergic conjunctivitis market during the forecast period. Furthermore, increasing prescription (Rx) drugs to over-the-counter (OTC) switches are also expected to boost this market.
United States dominates Global Allergic Conjunctivitis Market, Patients Population & Treated Patients Population
As per our analysis, the United States stands out as the largest market for allergic conjunctivitis treatments due to the high prevalence of allergic conjunctivitis. Further, the allergic conjunctivitis treatment market in the United States has the most dominant patient population and is also expected to have a large population base in the forecasted period. Remarkably, leading to increased demand for improved health care facilities, the country also has the most significant treated patients’ population.
Further, rapid urbanization and increased particulate pollution have augmented the incidence of allergic conjunctivitis in several countries, such as India and China. However, a few factors such as a dearth of awareness among the general public concerning eye disorders and lack of health insurance control the market in France, Germany, Italy, and Spain. According to the publisher, Global Allergic Conjunctivitis Industry has grown with a CAGR of 0.2% from 2021-2027.
Impact of Coronavirus (COVID-19) Pandemic on Global Allergic Conjunctivitis Market
COVID-19 virus outbreak in December 2019 had spread to over 100 countries across the globe. Moreover, COVID-19 affected the economy in three significant ways; by directly affecting production and demand, devising disruptions in distribution channels, and its financial influence on firms and financial markets. Further, players operating in the worldwide allergic conjunctivitis industry faced significant challenges on various fronts due to the COVID-19 pandemic.
Nevertheless, significant challenges comprise the supply of raw materials required for drug formulations due to irregularities in transportation. Moreover, distributors also experienced irregular demand for products from the retailers due to the increased number of patients suffering from COVID-19 and other life-threatening disorders.
Allergic Conjunctivitis Associated with Medical Treatment & Upcoming Therapies Are Enhancing the Market Expansion
Our report covers numerous Disease Type variants like Seasonal Allergic Conjunctivitis (SAC) & Perennial Allergic Conjunctivitis (PAC), Vernal Keratoconjunctivitis (VKC), Atopic Keratoconjunctivitis (AKC), and Giant Papillary Conjunctivitis (GPC). Moreover, in our report, we have also covered, Allergic Conjunctivitis Pipeline Drugs like Zerviate, OTX-DP, ADX-102, PRT-2761, CVXL-0074, AK-002, Bertilimumab, Reproxalap, ST-266, SYL-116011. The increase in awareness of allergic conjunctivitis associated with medical treatment & upcoming therapies is enhancing the market expansion. Moreover, numerous pharmaceutical companies are trying to develop many new treatment possibilities for allergic conjunctivitis.
Key Market Players
Major players performing in the global allergic conjunctivitis market are Ocular Therapeutix Inc., Portola Pharmaceuticals Inc., Alcon, Santen Pharmaceutical Co., Ltd., and Novartis. Key players operating in the market are tremendously focusing on developing treatments for allergic conjunctivitis. This is anticipated to drive the global allergic conjunctivitis market growth during the forecast period.
Further, the market players are considerably contributing to market growth by adopting various strategies, including new product launches, mergers and acquisitions, collaborations with the government, and technological advancements to stay competitive in the market.
This research report titled “Global Allergic Conjunctivitis Market, Patients, Treated Patients By Countries (India, China, Japan, United States, United Kingdom, France, Germany, Italy, Spain), Disease Type (Seasonal Allergic Conjunctivitis (SAC) & Perennial Allergic Conjunctivitis (PAC), Vernal Kerato Conjunctivitis (VKC), Atopic Kerato Conjunctivitis (AKC) And Giant Papillary Conjunctivitis (GPC)), Drugs Profile (Zerviate, OTX-DP, ADX-102, PRT-2761, CVXL-0074, AK-002, Bertilimumab, Reproxalap, ST-266, SYL-116011) Companies (Ocular Therapeutix Inc., Portola Pharmaceuticals Inc., Alcon, Santen Pharmaceutical Co., Ltd., and Novartis)” provides a detailed analysis of Allergic Conjunctivitis Industry.
Country - Market, Patient Numbers and Treated Patient Numbers breakup from 9 viewpoints:
- India
- China
- Japan
- United States
- United Kingdom
- France
- Germany
- Italy
- Spain
Disease - Market Breakup from 4 viewpoints:
- Seasonal Allergic Conjunctivitis (SAC) & Perennial Allergic Conjunctivitis (PAC)
- Vernal Kerato Conjunctivitis (VKC)
- Atopic Kerato Conjunctivitis (AKC)
- Giant Papillary Conjunctivitis (GPC)
Drugs - Market Breakup from 10 viewpoints:
- Zerviate
- OTX-DP
- ADX-102
- PRT-2761
- CVXL-0074
- AK-002
- Bertilimumab
- Reproxalap
- ST-266
- SYL-116011
Company Insights:
- Overviews
- Recent Developments
- Revenues
Companies Covered:
- Ocular Therapeutix Inc.
- Portola Pharmaceuticals Inc.
- Alcon
- Santen Pharmaceutical Co., Ltd.
- Novartis
Frequently Asked Questions about the Global Allergic Conjunctivitis Market
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| Report Attribute | Details |
|---|---|
| No. of Pages | 195 |
| Published | February 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 1621.5 Million |
| Forecasted Market Value ( USD | $ 1642.6 Million |
| Compound Annual Growth Rate | 0.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
Table of Contents
1. Introduction2. Research Methodology3. Executive Summary
4. Market Dynamics
5. Global Allergic Conjunctivitis Market and Patients Analysis
6. Share Analysis - Global Allergic Conjunctivitis
7. India - Allergic Conjunctivitis Analysis
8. China - Allergic Conjunctivitis Analysis
9. Japan - Allergic Conjunctivitis Analysis
10. United States - Allergic Conjunctivitis Analysis
11. United Kingdom - Allergic Conjunctivitis Analysis
12. France - Allergic Conjunctivitis Analysis
13. Germany - Allergic Conjunctivitis Analysis
14. Italy - Allergic Conjunctivitis Analysis
15. Spain - Allergic Conjunctivitis Analysis
16. Disease Type - Global Allergic Conjunctivitis Market
17. Global Allergic Conjunctivitis Pipeline Drugs
18. Porters Five Forces
19. Company Analysis
List of Figures
List of Tables
Companies Mentioned
- Ocular Therapeutix Inc.
- Portola Pharmaceuticals Inc.
- Alcon
- Santen Pharmaceutical Co., Ltd.
- Novartis
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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