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Allergic Conjunctivitis Market Overview And Geographical Forecast Till 2026 | Fortune Business Insights

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Jan 22, 2021 (The Expresswire) —
The global “Allergic Conjunctivitis Market Industry” is projected to gain significant revenue in the coming years on account of the increasing awareness about availability of these drugs. As per a Fortune Business Insights report titled, “Allergic Conjunctivitis Market Size, Share and COVID-19 Impact Analysis, By Drug Class (Antihistamines and Mast Cell Stabilizers, Corticosteroids, and Others), By Disease Type (Mild, and Severe), By Distribution Channel (Hospital Pharmacies, Drug Stores and Retail Pharmacies, and Online Pharmacies), and Regional Forecast, 2020-2027” the value of this market was USD 2.50 billion in 2019 and is expected to rise at a CAGR of 5.4% to reach USD 3.05 billion by the end of 2027. The forecast period is set between 2020 and 2027.

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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.

An Overview of the Impact of COVID-19 on this Market :

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of corona virus outbreak across industries to help you prepare for the future.

For more information visit :

https://www.fortunebusinessinsights.com/industry-reports/allergic-conjunctivitis-market-100121

The report answers the following questions:

  • What is the nature of the market?

  • Who are the key players of this market and what are their major strategies?

  • What is the impact of the COVID-19 pandemic on the market?

  • What are the recent industry developments of the market?

Regional Analysis-

North America Dominated Market Owing to Prevalence of Allergic Conjunctivitis

Among all regions, North America emerged dominant owing to the strong prevalence of this conjunctivitis in the region, coupled with the increasing healthcare infrastructure and facilities. In 2019, this region earned USD1.20 billion owing to the presence of major vendors and the availability of supportive reimbursement policies.

List of Companies Profiled in the Report:

  • Santen Pharmaceutical Co., Ltd. (Osaka, Japan)

  • Alcon (Geneva, Switzerland)

  • Eyevance Pharmaceuticals LLC (Forth Worth, U.S.)

  • Ocular Therapeutix, Inc. (Bedford, S.)

  • Allergan (AbbVie Inc.) (Dublin, Ireland)

  • Bausch and Lomb (Laval, Canada)

  • Novartis AG (Basel, Switzerland)

  • Sun Pharmaceutical Industries Ltd. (Mumbai, India)

  • Eton Pharmaceutical (Deer Park, U.S.)

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Table Of Content :

Introduction

    Executive Summary

    Market Dynamics

      Key Insights

        Global Allergic Conjunctivitis Market Analysis, Insights and Forecast, 2016-2027

          • Key Findings / Summary

          • Market Analysis, Insights and Forecast By Drug Class

            • Antihistamines and Mast Cell Stabilizers

            • Corticosteroids

            • Others

          • Market Analysis, Insights and Forecast By Disease Type

            • Mild Allergic Conjunctivitis

            • Severe Allergic Conjunctivitis

          • Market Analysis, Insights and Forecast By Distribution Channel

            • Hospital Pharmacies

            • Drug Stores and Retail Pharmacies

            • Online Pharmacies

          • Market Analysis, Insights and Forecast By Region

            • North America

            • Europe

            • Asia Pacific

            • Latin America

            • Middle East and Africa

        Continue…

        Drivers and Restraints

        Rising Awareness about Availability of Drugs to Augment Growth

        The increasing patient pool for allergic conjunctivitis stands as a key factor propelling the global allergic conjunctivitis market growth. The increasing development of new treatment options, and massive investments on clinical trials will also boost the market. This coupled with the rise in air pollution levels in cities, and weather changes may further intensify the level of itchiness and accordingly worsen the condition, thereby boosting the market in the forecast period.

        On the contrary, most of the time this illness is ignored by patients and therefore they do not opt for medical assistance. Therefore, the lack of awareness and ignorance of people towards the treatment of this conjunctivitis may hamper the market in the coming years.

        Despite this, the presence of strong patient population and the rising awareness about the availability of various therapeutic drugs are likely to create lucrative growth opportunities for the market in the coming years.

        Competitive Landscape-

        Bausch and Lomb, Allergan, and Alcon Hold Significant Shares Owing to Strong Portfolio

        The nature of the global allergic conjunctivitis market is perfectly competitive in nature owing to the presence of small, medium, and large players. Currently, companies such as Alcon, Bausch and Lomb, and Allergan are currently holding the major shares. This is attributable to the strong product portfolio. The other players are focusing on getting product approvals and launching new products to gain a competitive edge in the market competition.

        GlobalAllergic conjunctivitis market Segmentation :

        Segments Covered in the Report

        By Drug Class

        • Antihistamines and Mast Cell Stabilizers

        By Disease type

        By Distribution Channel

        • Hospital Pharmacies

        • Drug Stores and Retail Pharmacies

        • Online Pharmacies

        By Geography

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        SECONDARY DATA SOURCES THAT WE REFER TO:

        • Annual reports, investor presentation, SEC filings, and press releases of companies operating in the market

        • Studies published by relevant associations MedTech Europe; American College of Radiology; Cancer Council Australia; Japan Hospital Association, etc.), government sources (Centers for Disease Control and Prevention, Ministry of Health, Labour and Welfare, Japan; National Health Service, England, etc.), international organizations (World Health Organization, The Organization for Economic Co-operation and Development, Eurostat, etc.), and articles published by Research Gate, NCBI, etc.

        • Website, reports, and press releases of end user facilities Hospitals, Ambulatory Surgery Centres, Clinics

        • Industry journals and paid databases

        SECONDARY RESEARCH IS CONDUCTED TO DERIVE THE FOLLOWING INFORMATION:

        • Details such as revenues, market share, strategies, growth rate, product and their pricing by region/country for all major companies

        • Details in relation to prevalence, incidence, patient numbers, distribution of patients, average price of treatment, etc.

        • Number of end user facilities by region/country and average annual spending or procurement of devices by type of end user facility

        • Number of procedures and average price of procedures

        • Replacement rate and pricing of capital equipment

        • Market dynamics in relation to the market under focus Drivers, restraints, trends, and opportunities

        • Market and technological trends, new product developments, product pipeline.

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