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#Uveitis Treatment Market To 2027
marketinsightshare · 2 years
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Vision Disorders Market - Forecast, 2022-2027
Vision Disorders Market Size is estimated to reach $47.4 billion by 2027. Furthermore, it is poised to grow at a CAGR of 7.1% over the forecast period of 2022-2027. Vision Disorders are defined as any impairment in the normal sense of vision. Myopia, hyperopia, astigmatism, presbyopia, conjunctivitis, cataract, corneal abrasion, entropion, and glaucoma are only a few of the vision diseases that impact the vast majority of the world's population. The majority of vision impairments are caused by poor nutrition, different diseases, severe eye injury, insertion of foreign objects, and advancing age. Despite tremendous advances in preventing and curing visual impairment in many countries over the last two decades, the World Health Organization (WHO) estimates that over 285 million people worldwide are still visually impaired in 2013. According to the WHO, simple eye examinations such as aberrant blinking frequency, pupil size, and eye color can heal 80 percent of visually impaired patients. Clinical and retinal examinations such as corneal topography, keratometry, pachymetry, fluorescein angiography, Indocyanine Green study (ICG) dye test, and other related studies can confirm the diseases. Ignorance and neglect, on the other hand, might result in serious eye issues or irreversible vision loss. In 2004, the Centers for Disease Control and Prevention (CDC) published research estimating that around 14 million Americans over the age of twelve were affected by various vision impairments, eyeglasses, and contact lenses are generally used in eyesight. Silicone hydrogel contact lenses are a type of advanced soft contact lens that allows more oxygen to pass through to the cornea than traditional soft ("hydrogel") contacts.
Vision disorders Market Report Coverage
The report: “Vision Disorders Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Vision Disorders Market.
By Disease Type- Dry Eye, Eye Allergies, Glaucoma, Cataract, Pterygium, Retinopathy, Eye Infection, Retinal Disorders, Uveitis, and Others.
By Product Type- OTC Drugs, and Prescription Drugs.
By Drug Class- Anti-allergy, Anti-inflammatory, Anti-VEGF (Vascular Endothelial Growth Factor), Anti-glaucoma, Antibacterial, and Others.
By Treatment Type- Drugs, Devices, Others.
By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), and Rest of the World (the Middle East, and Africa).
Key Takeaways
Geographically, North America held a dominant market share in the year 2021 on account of increasing pharmaceutical industries. Asia-Pacific is expected to offer lucrative growth opportunities to the manufacturers owing to the increasing manufacturing of ophthalmic products in the pharmaceutical industries. The proliferation of ophthalmic products is predicted to augment the market growth during the forecast period of 2022-2027.
The growing number of ophthalmic pharmaceutical companies entering into strategic initiatives coupled with rising awareness regarding gene therapies are estimated to drive the market growth of the Vision Disorders Market. The growing number of patent expiry of blockbuster drugs poses threat to the Vision Disorders Market growth.
A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Vision Disorders Market Report.
Vision Disorders Market: Market Share (%) by region, 2021
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Vision Disorders Market Segment Analysis – By Disease Type
Vision Disorders Market based on disease type can be further segmented into Dry Eye, Eye Allergies, Glaucoma, Cataract, Pterygium, Retinopathy, Eye Infection, Retinal Disorders, Uveitis, and Others. The Cataract segment held a dominant market share in the year 2021 and is estimated to be the fastest-growing, with a CAGR of 8.1% over the forecast period of 2022-2027. The increasing prevalence of cataracts is consequently increasing the Eye disorders Market. According to WHO, in 2019, In underdeveloped countries, the occurrence of cataracts similarly rises with age, though it begins sooner in life and is more common. Visually significant cataracts, for example, occurred 14 years earlier in an Indian study than in a comparable study in the United States. The age-adjusted prevalence of cataracts in India was three times that of the United States, with 82 percent of Indians aged 75 to 83 years old having visually significant cataracts or aphakia, compared to 46 percent of those aged 75 to 85 years in the United States (senile lens changes associated with a visual acuity of 6/9 or worse, or a history of cataract extraction). Moreover, at the same point, glaucoma prevalence is also increasing. Hence, cataracts and glaucoma are expected to propel the market of eye disorders in the forecast period 2022-2027.
Vision Disorders Market Segment Analysis – By Drug class
Vision Disorders Market based on Drug class can be further segmented into Anti-allergy, Anti-inflammatory, Anti-VEGF (Vascular Endothelial Growth Factor), Anti-glaucoma, Antibacterial, and Others. The Risk Management & Safety Solution segment held a dominant market share in the year 2021 and is estimated to be the fastest-growing, with a CAGR of 8.9% over the forecast period of 2022-2027. Owing to the increasing prevalence of eye diseases especially age-related macular degeneration, and diabetic retinopathy. Anti-VEGF drugs prevent aberrant blood vessels from leaking, developing, and bleeding beneath the retina. The protein vascular endothelial growth factor (VEGF) encourages the formation of new blood vessels. It also renders blood vessels more prone to leakage. Anti-VEGF drugs block the formation of new blood vessels. Anti-VEGF medication has been approved for age-related macular degeneration, diabetic retinopathy, retinal vein occlusion, and myopic choroidal neovascularization in the treatment of vascular and exudative diseases of the retina. Lucentis (ranibizumab) and Avastin are the two most extensively utilized medications at the moment (bevacizumab). Both medications are monoclonal antibodies that attach to each of the three types of VEGF, hence expanding the segment growth.
Vision Disorders Market Segmentation Analysis- By Geography
The Vision Disorders Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held a dominant market share of 31% in the year 2021 as compared to the other counterparts on account of increasing pharmaceutical industries. Furthermore, the presence of prominent competitors in this area, such as Pfizer, Inc., and Alcon, is projected to boost the market growth. For example, Alcon got FDA approval for Pataday Once Daily Relief and Pataday Twice Daily Relief for OTC sale in the United States in February 2020. The Pataday brand is used to treat itching and allergies in the eyes.
However, Asia-Pacific is estimated to be the fastest-growing over the forecast period of 2022-2027 on account of rising healthcare expenditure, and demand for better healthcare facilities. Local businesses are launching strategic endeavors to create and market innovative patient treatment solutions. As a result, market growth is likely to accelerate. Bridge Biotherapeutics, Inc., for example, acquired an early-stage drug candidate for the treatment of a back-eye disorder from Konkuk University (KU) in February 2020. The therapeutic candidate is an inhibitor of a yet-to-be-identified target protein.
Vision Disorders Market Drivers
Pharmaceutical businesses in the ophthalmic field are embarking on strategic efforts that are propelling the market forward
Ophthalmic pharmaceutical firms are pursuing strategic efforts such as collaborations, acquisitions, and partnerships to add new clinical-stage prospects to their product pipelines, which is projected to enhance the market. Rising ophthalmic pharmaceutical business owing to increasing prevalence of eye disorders. According to the World Health Organization, over 2.2 billion individuals will have a vision impairment or blindness in 2021, with at least 1 billion of those having a vision impairment that can be avoided. Those with limited or severe vision impairment due to unresolved refractive error (123.7 million), cataract (65.2 million), glaucoma (6.9 million), corneal opacities (4.2 million), diabetic retinopathy (3 million), and trachoma (2 million), as well as those with imminent vision impairment due to unspecified presbyopia (1.2 billion) (826 million). The growing senior population is exacerbating the prevalence of ocular illnesses, with uncorrected refractive errors and cataracts being the leading causes of vision impairment. The majority of people with vision problems are above the age of 50, enhancing the Vision Disorders Industry.
Rising prevalence of lifestyle changing diseases, especially diabetes is driving the Market for Vision Disorders
According to CDC, in 2021, Diabetic retinopathy (DR) is a common diabetic condition. It is the primary cause of blindness in adults in the United States. Progressive damage of the blood vessels of the retina, the light-sensitive tissue at the back of the eye that is required for good vision, characterizes it. Mild nonproliferative retinopathy (microaneurysms), moderate nonproliferative retinopathy (blockage in some retinal vessels), severe nonproliferative retinopathy (more vessels are blocked, depriving the retina of blood supply, resulting in the formation of new blood vessels), and proliferative retinopathy (growth of new blood vessels) are the four stages of DR (most advanced stage). Both eyes are generally affected by diabetic retinopathy.
Disease management, which includes adequate control of blood sugar, blood pressure, and lipid abnormalities, reduce the risk of DR. Early detection and treatment of DR lessen the risk of vision loss; nevertheless, up to 50% of patients do not have their eyes tested or are detected too late for effective therapy. It is the primary cause of blindness among working-age adults in the United States, ages 20 to 74. Retinopathy and vision-threatening retinopathy impact an estimated 4.1 million and 899,000 Americans, respectively, thereby driving the market growth.
Vision Disorders Market Challenges
The increasing number of blockbuster medicine patents expiring is projected to stifle Market growth of Vision Disorders
Pharmaceutical businesses will lose exclusivity when their patents expire, but medication producers will be granted new chances and difficulties as the generic competition enters the market. The introduction of generic glaucoma eye drops to the market has lowered patient expenses and increased adherence in some patients thereby decreasing the prevalence of glaucoma disorder Market. For instance, Prostaglandin analogs are anticipated to cost patients more than $100 per month on average across the country. When the first generic prostaglandin analog was introduced in 2011, it was projected that patients switching to the generic version would save more than $1,300 per year. 5 A 30-day prescription for generic latanoprost costs between $19 and $30, according to recent data on www.GoodRx.com, where we practice in mid-Missouri, whereas the same prescription for Xalatan (latanoprost ophthalmic solution; Pfizer) costs between $139 and $154. Hence, the increasing number of blockbuster medicine patents expiring is projected to stifle Market growth of Vision Disorders.
Vision Disorders Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Vision Disorders Market. The top 10- Vision Disorders Market companies are-
Croda International Plc
AbbVie Inc
Aerie Pharmaceuticals, Inc.
Novartis AG
AkzoNobel N.V.
F. Hoffmann-La Roche Ltd.
Evonik Industries
PolyOne Corporation
DuPont
Addcomp Holland
Recent developments
In November 2021, Aerie Pharmaceuticals received marketing authorization approval from the European Commission for its Roclanda (netarsudil and latanoprost ophthalmic solution) 0.02%/0.005% for the reduction of elevated IOP in adult patients with primary open-angle.
In October 2021, Abbvie Inc. launched a new drug named VUITYTM (pilocarpine HCl ophthalmic solution). Presbyopia, often known as age-related hazy near vision, is treated with VUITYTM (pilocarpine HCl ophthalmic solution) 1.25 percent in adults. VUITY is the first and only FDA-approved eye drop to treat this prevalent and degenerative eye disease, which affects 128 million Americans, or over half of the adult population in the United States.
In September 2021, Novartis acquired Arctos Medical, bolstering its ophthalmology portfolio with a pre-clinical optogenetics-based AAV gene therapy program and Arctos' proprietary technology. Novartis' dedication to finding solutions for individuals with vision loss, as well as the potential of optogenetics as a foundation for successful therapeutics, is shown in this acquisition.
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research-blogs · 3 years
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Uveitis Treatment Market Size, Product Trends, Key Companies, Revenue Share Analysis, 2026
The global uveitis treatment market size is expected to reach USD 765.31 million by 2026, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.8% during the forecast period. Rising prevalence of the condition is anticipated to drive the growth. For instance, according to The Ocular Immunology and Uveitis Foundation, around 43,000 new eye inflammation cases are being diagnosed each year in U.S.
Eye inflammation is also very prevalent among children. However, majority of the affected population ranges from 20 to 50 years of age. Growing geriatric population is also an important factor driving the growth of the market. Rise in number of R&D activities aiming at new drug development is another attribute increasing the demand for these treatments.
For instance, ADX-102 Ophthalmic Solution, by Aldeyra Therapeutics, Inc. is in Phase 2 clinical trial for the treatment of noninfectious anterior uveitis. The National Eye Institute is also engaged in conducting and supporting various research studies in this field. Increasing prevalence of infectious diseases is another contributing factor to the market growth. Infectious uveitis surrounds a significant array of potential pathogens, which is likely to pose immense threat to the people affected.
View detailed insights @ https://bit.ly/3hsQTqi
Uveitis Treatment Market Report Highlights
· Corticosteroids led the market in 2018 owing to its wide application for treating noninfectious uveitis as well as availability of varied corticosteroids drugs
· Monoclonal antibodies are expected to exhibit lucrative CAGR over the forecast period due to rising development of novel biologic drugs
· Anterior held the largest market share in 2018 owing to growing prevalence and tendency of recurrence of anterior uveitis
· Posterior is anticipated to showcase lucrative growth over the forecast period owing to rise in the number of R&D and clinical trials undergoing for the treatment posterior uveitis
· Noninfectious segment held significant revenue share in 2018 owing to the wide array of treatment methods coupled with rising cases of the condition
· Infectious segment is gaining traction in the uveitis treatment market owing to rising prevalence of infectious diseases
· North America held the largest revenue share in 2018 owing to increasing prevalence of noninfectious uveitis as well as rising healthcare expenditure in this region
· Asia Pacific is anticipated to exhibit lucrative CAGR over the forecast period due to the rising number of infectious diseases in the developing countries
· Few major companies are Allergan, Inc.; Valeant Pharmaceutical International, Inc.; Eyegate Pharmaceuticals, Inc.; AbbVie Inc.; Regeneron Pharmaceuticals, Inc; and Santen Pharmaceutical Co., Ltd
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Ectropion Market Insights Report with COVID-19 Pandemic Analysis & Future Growth Analysis by 2027
Ectropion Market Highlights :
Ectropion is an ophthalmologic disorder which causes abnormal outward turning of the eyelid. It usually involves the lower eyelid. It is a common eye disorder among the older population and in people who have undergone eye surgeries or any eye infection.
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Additionally, factors such as trauma, birth defects, Bell’s palsy, and floppy eyelid syndrome are likely to drive the growth of the ectropion market. Global ectropion market is expected to grow at a CAGR of 6.5% during the forecast period.
Ectropion Regional Analysis :
The Americas dominates the global ectropion market owing to rising ophthalmological disorders, such as dry eye and uveitis among others and increasing aging population. Additionally, competitiveness among the major players in the North American region are likely to enhance the growth ectropion in the North American region. Similarly, growing government initiatives and funding along with the demand for newer technologies are propelling the growth of the ectropion market in the North American region. For instance, eye care programs such as Eye Care America and VISION USA aims to provide free eye examinations to eligible and uninsured people in the North American region.
Europe accounts for the second largest market due to increasing aging mass and rising rates in eye disorders. Additionally, improving government initiatives and increasing healthcare frame along with the rising demand for technologically innovative treatment are driving the growth of the ectropion market in Europe.
For instance, Eurostat estimated that over 19.2% of the population in Europe was aged 65 and above. Additionally, according to the United Kingdom Statistics Authority, around 121,736 eye examinations were performed under the Eye Health Examinations Wales (EHEW) scheme. This rising older population and increasing government initiatives are likely to drive the growth of the Ectropion market.
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Asia Pacific is the fastest growing market for ectropion as it is developing at a very rapid pace and has shown the emergence of many players. Additionally, the increasing prevalence of ophthalmological disorders, increasing healthcare expenditure, and the demand for new treatment options along with multinational companies moving towards the developing nations and setting operational set-ups are likely to drive the growth of the market. India and China are the major contributors to the market growth due to the rapid development of healthcare infrastructure in these regions and increasing demand for improved healthcare services.
On the other hand, the Middle East and Africa is expected to witness a limited growth due to limited access and lack of awareness among the population. In the Middle East, the growth of the market is driven by the increasing availability of the advanced healthcare scenario.
Ectropion Market Segmentation :
The global ectropion market is segmented on the basis of type, treatment, diagnosis, and end-user.
On the basis of type, the market is segmented into involutional ectropion, paralytic ectropion, cicatricial ectropion, mechanical ectropion, and congenital ectropion.
On the basis of treatment, the market is segmented into eye drops, artificial tears, horizontal taping of the eyelid, and surgery.
On the basis of diagnosis, the market is segmented into physical examination, eye examination, and others.
On the basis of end-user, the market is segmented into specialty centers, hospitals, and others.
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Ectropion Market Key Players :
Some of the key players in the ectropion market are Scope Ophthalmics Ltd, InSite Vision Incorporated, NovaBay Pharmaceuticals, Inc., Thea Pharmaceuticals Limited, Perrigo Laboratories, Merck & Co., Gelderma S.A., and Novartis AG.
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poojascmi · 2 years
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Uveitis Treatment Market
The global uveitis treatment market is estimated to account for US$ 648.4 Mn in terms of value in 2020 and is expected to reach US$ 1,036.0 Mn by the end of 2027. 
Source Link-http://latestcmiblogs.weebly.com/article/uveitis-treatments-such-as-immunosuppressants-surgery-and-corticosteroids-these-treatment-options-are-safe-and-effective-whereas-they-can-have-some-adverse-effects
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industrynewshour · 3 years
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Vitreoretinal Surgery Device Market Share, Industry Statistics, Trends Evaluation, Business Challenges, Investment Opportunities Analysis to 2027
The global Vitreoretinal surgery device Market is segmented in by surgery type:-anterior vitreoretinal surgery, posterior vitreoretinal surgery; by product:-vitrectomy surgery devices, photocoagulation surgery devices, illumination surgery devices; by end-user:-hospitals, clinics, ambulatory surgical centers and by regions. Vitreoretinal surgery device Market is anticipated to mask a significant CAGR during the forecast period i.e. 2018-2027.
Vitreoretinal Surgery is basically conducted to treat eye complications associated to retina, macula and vitreous fluid.  The complications included for vitreoretinal surgery consists of retinal detachment, uveitis and vitreous hemorrhage, macular degeneration, macular hole, epiretinal membrane or retinal detachment and problems connected to diabetic retinopathy. The various instruments, surgical equipment and tools, designed to assist surgeons perform the surgery come under the aegis of vitreoretinal surgery devices. The global vitreoretinal surgery devices market is estimated to observe a strong growth throughout the forecast period due to growing elderly population, rising frequency of optical ailments and elevating acceptance of automated surgery devices among end users. Escalating number of people deciding for eye surgeries for treatment of visual damage in low and middle revenue countries is also predicted to deliver soaring growth prospects for manufacturers of vitreoretinal surgery devices.
North America is estimated to lead largely the Vitreoretinal surgery devices market over the forecast period. The largest number of ophthalmologists present in U.S.A proves North America to be a lucrative market. Europe follows after North America in Vitreoretinal surgery devices market. Asia-Pacific region is estimated to show healthy growth due to the rising number in patients suffering from diabetic retinoplasty.
Increased R&D activities
Over the previous years, the global market for vitreoretinal surgery devices has observed significant advancements in terms of the effortless accessibility of expert solutions, procedures and instruments, which allow for less intrusive techniques, lower the amount of pain to the eye, and head to decrease curative time and better patient conclusions. Advancements in the market continue at a fast rate and an escalating number of companies are manufacturing extremely hi-tech vitreoretinal surgery devices proficient of aiding the surgery procedure and the total effectiveness of the procedure.
However, even though a vitreoretinal surgery is a comparatively painless procedure with a strong, successful track record in improving vision, the recovery from the surgery is often more challenging because patients must contend with the monotony, stress and discomfort of a 23-hour-a-day facedown-postoperative position which may act as a limit to the growth of global vitreoretinal surgery devices market.
The report titled “Global Vitreoretinal Surgery Device Market: Global Demand Analysis & Opportunity Outlook 2027″ delivers detailed overview of the global Vitreoretinal surgery device market in terms of market segmentation by surgery type:-anterior vitreoretinal surgery, posterior vitreoretinal surgery; by product:-vitrectomy surgery devices, photocoagulation surgery devices, illumination surgery devices; by end-user:-hospitals, clinics, ambulatory surgical centers and by regions.
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”  
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Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key players of the global Vitreoretinal surgery device market which includes company profiling of Alcon, Inc., Bausch & Lomb Inc., Carl Zeiss Meditec AG, MedOne Surgical, Inc., OCULUS Optikgerate GmbH, Dutch Ophthalmic Research Center International BV, Designs For Vision Pty Ltd, MedOne Surgical, Inc., Nidek Co. Ltd, Peregrine Surgical. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global aerospace fasteners market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.    
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abdulnadeem5150 · 3 years
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Uveitis, an immune system eye sickness. Patients burdened by uveitis are regularly alluded to a specialist after much postponement by virtue of less mindfulness about the eye ailment.Read more,
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Retinal Biologics Market Forecast SWOT Analysis, Key Company Profile 2027
Market Synopsis
Retinal biologics are bioengineered molecules that are implanted inside the eyes to heal chronic retinal diseases.
There are a large number of different market player for retinal biologics that dominates the market, which includes F. Hoffmann-La Roche Ltd, AbbVie Inc., Johnson & Johnson Services, Inc., Amgen Inc. and many more. The companies are involved in launching new products, technologies, and are undergo strategic collaboration to develop healthcare produces. For instance, in October 2016, F. Hoffmann-La Roche Ltd announced that the US Food and Drug Administration (FDA) has accepted a supplemental Biologics License Application (sBLA) and granted Priority Review for Lucentis (ranibizumab injection) for the treatment of myopic choroidal neovascularization (mCNV).
also read @ https://sites.google.com/site/healthandhealthcaretrends/retinal-biologics-market---global-industry-size-share-growth-factors-companies-application-2027
Regional Analysis
The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The retinal biologics market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The Americas is expected to be the largest market owing to the presence of a large number of, companies providing retinal biologics such as Regeneron Pharmaceuticals Inc. (US), Ocular Therapeutixc. (US), Spark Therapeutics (US), and many more. Additionally, the rising prevalence of diabetic retinopathy and the aging population supports the retinal biologics market in this region. For instance, currently, around 12 million people of 40 years and above has a vision problem in the US. A large number of vision problem cases and the presence of a number of manufacturing companies drive the market growth in this region.
The European Retinal biologics market is the second-largest market, and it has been categorized as Western Europe and Eastern Europe. The Western European market has further been divided as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The increasing R&D to develop novel retinal biologics, and growing product approval boosts the market growth. Moreover, the increasing cases of macular degeneration, diabetic retinopathy, and uveitis among the population support market growth.
The Retinal Biologics Market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. According to the World Blind Union Asia Pacific Region 2018, it was reported that in China, more than 35 million people have some disability out of which 17.5 million are vision impairment which includes blind people with various disabilities. The increasing geriatric population will lead to an increase in age-related macular degeneration which will, in turn, increase the patient population.
The retinal biologics market in the Middle East & Africa has been divided into the Middle East and Africa. The growing number of research laboratories in this region drives market growth. The increasing adaption of innovative treatment methods drives the market growth.
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Segmentation
Global Retinal Biologics Market has been segmented based on Drug Class, Indication, and Distribution Channel.
Global Retinal Biologics Market has been segmented, on the basis on drug class, into TNF-α inhibitor and VEGF-A antagonist.
On the basis of indication, the market is segmented into macular degeneration, diabetic, retinopathy, uveitis, and others.
On the basis of distribution channel, the market is segmented into hospitals and clinics, pharmacies, and others.
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Key Players
Some of the Key Players in the Global Retinal Biologics Market are Regeneron Pharmaceuticals Inc. (US), Ocular Therapeutixc (US), Spark Therapeutics (US), F. Hoffmann-La Roche Ltd (Basel, Switzerland), AbbVie Inc. (US), Johnson & Johnson Services, Inc. (US), Amgen Inc. (US), MeiraGTx Limited (US) and many more.
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Ophthalmic Drugs Market Growth, Current Status and Future Scenario of Industry Surveyed in New Research Report 2020- 2027| MRFR
Ophthalmic Drugs Market Overview:
Ophthalmic diseases are fast emerging as a potential threat to the population as they can adversely impact the sight of the population. The global ophthalmic drugs market share is showing scope for a rise by 6% CAGR over the review period of 2017 to 2023. Market Research Future (MRFR) has cleared various details regarding the market to make the discussion more effective and impactful.
Factors like rising awareness of eye diseases, better funding allocated for ophthalmology, various regions without much reach of the sector, competitive market players, better regulatory framework, aging population, and a surge in government initiatives are factors that can impress the market growth. However, the diagnostic procedure often incurs high costs, which can slow down the expected growth rate. Various side-effects are also making significant impact in pulling the reins of the market growth. The industry often gets almost no coverage from the reimbursement providers, which can deter the expected market growth. Poor healthcare systems in developing regions can also impact market growth.
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Ophthalmic Drugs Market Segmentation:
The global market for ophthalmic drugs has a better segmentation in the report where it has been discussed on the basis of drug class, indication, product, type of dosage, and distribution channel. These analyses are carriers of data that have been sieved by expert analysts for better market profiling.
By indication, the market for ophthalmic drugs can be segmented into retinal disorders, glaucoma, dry eye, inflammation/infection, uveitis, allergies, and others.
By drug class, the market ophthalmic drugs can be segmented into anti-VEGF agents, antiallergy, antiglaucoma, anti-inflammatory, and others. The anti-inflammatory segment incorporates nonsteroidal drugs and steroidal drugs.
By dosage type, the market ophthalmic drugs can be segmented into ointments, eye solutions, eye drops, capsules & tablets, and gels.
By product, the market report on the ophthalmic drugs can be segmented by prescription drugs and OTC drugs.
By distribution channel, the market study of the ophthalmic drugs incorporates a detailed discussion by segmenting the market into drug stores, online pharmacies, hospital pharmacies, and others.
Ophthalmic Drugs Market Regional Analysis:
The Americas has better dominance potential and as it has a wide range of customer who is expected to promote the market in the coming years. Along with it, other features as rising prevalence of eye diseases, high healthcare expenditure, well-developed technology, and leading players operating from the region are features that can be explored well to initiate better market growth in the coming days.
Europe is the second-largest market and its growth is getting well-backed by the research and development sector, market competition, and transforming reimbursement policies. The healthcare sector is expected to gain notably from such initiatives.
The Asia Pacific market has a better potential for growth in terms of associated market incorporation and others. The massive patient pool, backed by huge market demand for proper treatment, and development of the infrastructure can trigger the market growth further.
The Middle East and Africa may provide the lowest revenue owing to the lack of infrastructure and dearth of efficient provision to support the move.
Ophthalmic Drugs Market Competitive News:
The global market for ophthalmic drugs is benefiting from the participation of several eminent players who are banking on their effective implementation of various strategies that can ensure significant growth in the coming years. These companies have been recorded by MRFR to get a hang of how the market is all set to move ahead in the coming years. These companies are Bausch & Lomb Inc., Actavis Generics, Allergan Plc, Merck & Co., Inc., Genentech, Inc., Regeneron Pharmaceuticals, Inc., Pfizer Inc., Shire Plc, Santen Pharmaceutical Co., Ltd., Valeant Pharmaceuticals International, Inc., Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Limited, and others.
In October 2019, Eyenovia Inc. announced that the Company is making progress in developing its MicroLine program to improve the near vision in patients with symptoms for presbyopia. The research is all set to reach the Phase III development.
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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marketinsight · 4 years
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Uveitis Treatment Market is forecasted to value over USD 802 million by 2027 end at a CAGR of over 5.5% during the forecast period 2020 to 2027.
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covidimpact · 4 years
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Retinal Biologics Market Size, Key Players Analysis And Forecast To 2027 | Value Market Research
The Retinal Biologics Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study. This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the retinal biologics market include F. Hoffmann-La Roche Ltd,Regeneron Pharmaceuticals Inc.,AbbVie Inc.,MeiraGTx Limited,Oxurion NV,Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The retinal biologics market is witnessing significant momentum in recent years due to the escalation of ophthalmic disorders worldwide. Growing instances of retinal conditions like macular degeneration related to age, infectious retinitis, macular edema, diabetic retinopathy, macular hole, retinoblastoma, retinal degeneration, uveitis, and retinoschisis leading to a permanent loss of vision will be the primary stimulant for the growth of this market. Consistent efforts in developing innovative treatment options, increased investments in the ophthalmology sector to raise awareness and diagnosis of different disorders related to the eye will be a market booster. The high treatment cost and limited long-term safety will hamper market growth since retinal biologics is not considered first-line therapy in most patients. The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give inclusive assessment of each segment in the global market of retinal biologics.
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Market Segmentation
This section of the retinal biologics market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.
By Drug Class
VEGF-A Antagonist
TNF-a Inhibitor
By Disease Indication
Macular Degeneration
Diabetic Retinopathy
Uveitis
Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for Retinal Biologics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
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researchkraft19 · 4 years
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Uveitis Treatment Market: In-depth Research Report 2020-2027
The Global Uveitis Treatment Market has enlisted a noteworthy CAGR during the most recent decade. It is relied upon to arrive at higher yearly development in the imminent years. Strength, hearty monetary framework, crude material opulence, taking off worldwide Uveitis Treatment request are boosting market advancement. So also, mechanical headways, advancements, expanding industrialization, and urbanization in the creating and created areas are probably going to maintain the Uveitis Treatment market income during forecast 2020-2027
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Market Research Explore distributed a broad investigation of the worldwide Uveitis Treatment market thinking about different significant components of the market. The exploration study includes precise and credible evaluations of the past just as the future pace of the market. The report contains indispensable assessments dependent on creation, deals volume, income, and yearly development rates. The report likewise expounds on current market contention, industry condition, fragments, and driving rivals in the worldwide Uveitis Treatment market. It helps key players, partners, industry specialists, analysts, and friends authorities in increasing profound understanding of the market.
The worldwide Uveitis Treatment advertise has been separated into a few essential sections, for example, item types, applications, areas, and end-clients. Moreover, it investigates locales including North America, Europe, South America, the Middle East, Asia, and the remainder of the world while performing provincial examination. The division investigation helps key players correctly focusing on the real market size and choosing suitable sections for their Uveitis Treatment organizations.
The most significant players coated in global Uveitis Treatment market report:
Novartis, Valeant Pharmaceutical International, EyeGate Pharmaceuticals, Alimera Sciences, Santen pharmaceutical, Bausch & Lomb Incorporated, AbbVie, Allergan, Amdipharm Mercury Company, pSivida Corp
Types is divided into:
Posterior Uveitis
Anterior Uveitis
Intermediate Uveitis
Panuveitis
Applications is divided into:
Hospitals
Clinics
Others
Global Uveitis Treatment Market Regional Segmentation:
North America (U.S., Canada, Mexico) Europe (Germany, U.K., France, Italy, Russia, Spain, etc.) Asia-Pacific (China, India, Japan, Southeast Asia, etc.) South America (Brazil, Argentina, etc.) Middle East & Africa (South Africa, Saudi Arabia, etc.)
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Additionally, the report reveals insight into the market competition circumstance and execution of driving Uveitis Treatment makers. The report has contemplated ongoing advancements performed by driving makers in the worldwide Uveitis Treatment indusrty which incorporates item exploration, developments, and improvement. Their vital moves were likewise inspected in the report, including mergers, adventures, associations, item dispatches, and brand advancements that helped organizations extend their administration zones.
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Chronic Ocular Graft-versus-host Disease Market  -Size,Share And Growth 2019- 2027
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Global Chronic Ocular Graft-versus-host Disease Market, by Treatment (Immunosuppressant, steroids, autologous serum eye drops, amniotic membrane transplantation), By Distribution Channel (Hospitals pharmacies, Clinics, Retail Pharmacy, & Drug Stores), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2019 and 2027.
For requesting free sample latest study on Global Chronic Ocular Graft-versus-host Disease Market, Visit: https://www.meridianmarketconsultants.com/requst?rid=3892
As per the report, rapidly growing prevalence of graft versus host disease and increasing number of stem cell transplantation procedures are identified as major factors driving the growth of chronic ocular graft versus host disease market. Ocular graft versus host disease (GVHD) occurs in patients who have undergone allogeneic hematological stem cell transplantation. Approximately 40-90% of patients with chronic graft-versus-host disease develop ocular symptom. The chronic condition develops in patients especially because of non-compliance to the immunosuppressant treatment. Manifestations of chronic ocular graft-versus-host disease are keratoconjuncitvitis sicca, corneal ulceration, anterior uveitis, bilateral marginal keratitis. Ocular graft-versus-host disease occurs when donor lymphocytes attack host histocompatibility antigen. Symptoms of ocular graft-versus-host disease include dry eye, foreign body sensation, redness, irritation etc. Ocular GVHD has the potential to lead to severe ocular problems, impair quality of life, and restrict daily activities. Growing penetration of stem cell therapies increases chances of development of chronic ocular graft versus host disease.
To know the latest insights, qualitative data, trends, quantitative data, and more related to Global Chronic Ocular Graft-versus-host Disease Market, Visit:https://www.meridianmarketconsultants.com/global-chronic-ocular-graft-%20versus-host-disease-market
Furthermore, Meridian Market Consultants (MMC) Study identifies that, in 25% to 70% of patients ocular graft-versus-host disease is responsible for non-relapse morbidity and mortality. Hematopoietic stem cell transplantation (SCT), including bone marrow transplantation (BMT), peripheral blood stem cell transplantation and cord blood transplantation is a routine procedure and it offers potential cure for life threatening diseases such as aplastic anemia, hematological malignancies, lysosomal storage disorders etc. Ocular graft-versus-host disease is one of the major complications of allogenic stem cell transplant. The first line treatment for chronic ocular graft-versus-host disease include immunosuppressant and topical steroids. Immunosuppressant treatment for the chronic ocular graft-versus-host disease are methotrexate, cyclosporine and anti-lymphocyte antibodies. Topical steroids approved for the treatment of chronic inflammation, and maintaining mucosal integrity. The latest approval of generic loteprednol etabonate is expected to push the market growth. Further new treatment options being develop such as amniotic membrane transplantation, autologous serum eye drops are expected to be launched in the market in next few years. Amniotic membrane is rich in cytokines, growth factors and protease inhibitors and serves as a biological bandage that suppresses inflammation and promotes epithelialization. Amniotic membrane transplantation can avoid systemic immunosuppression and also decreases recurrence of primary condition.
MMC Study identifies some of the key players operating in chronic ocular graft-versus-host disease market market globally are Bauch and Lomb, Akorn Inc., Apotex Corporation, Pfizer Inc., Par Pharmaceutical, Accord Healthcare Limited, Sandoz (Novartis), Medexus Inc., Nordic Group Bv, Actavis Pharma, Allergan Inc. etc.
Read Deatils News: https://meridianmarketconsultants.com/pressrelese/global-chronic-ocular-graft-versus-host-disease-market
About Meridian Market Consultants (MMC):
Meridian Market Consultants (MMC) is committed to provide deep insights that serve as creative tool for the client that enables it to perform confidently in the market. At MMC we adhere to the client needs and regularly ponder to bring out more valuable and real outcomes for our customers. We are equipped with strategically enhanced group of researchers and analysts that redefines and stabilizes the business polarity in different categorical dimensions of the market.
Contact Us:
Meridian Market Consultants (MMC)
13121, Louetta Road,
#440, Cypress, Texas 77429
United States
Tel: +1-(281)-619-8646
For Sales Queries: [email protected]
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mathewwon802 · 5 years
Text
Chronic Ocular Graft- Versus-Host Disease Market 2019|| Research Report, Growth Forecast 2027
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Global Chronic Ocular Graft-versus-host Disease Market, by Treatment (Immunosuppressant, steroids, autologous serum eye drops, amniotic membrane transplantation), By Distribution Channel (Hospitals pharmacies, Clinics, Retail Pharmacy, & Drug Stores), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2019 and 2027.
For requesting free sample to our latest study on Global Chronic Ocular Graft-versus-host Disease Market, visit: https://www.meridianmarketconsultants.com/requst?rid=3892
As per the report, rapidly growing prevalence of graft versus host disease and increasing number of stem cell transplantation procedures are identified as major factors driving the growth of chronic ocular graft versus host disease market. Ocular graft versus host disease (GVHD) occurs in patients who have undergone allogeneic hematological stem cell transplantation. Approximately 40-90% of patients with chronic graft-versus-host disease develop ocular symptom. The chronic condition develops in patients especially because of non-compliance to the immunosuppressant treatment. Manifestations of chronic ocular graft-versus-host disease are keratoconjuncitvitis sicca, corneal ulceration, anterior uveitis, bilateral marginal keratitis. Ocular graft-versus-host disease occurs when donor lymphocytes attack host histocompatibility antigen. Symptoms of ocular graft-versus-host disease include dry eye, foreign body sensation, redness, irritation etc. Ocular GVHD has the potential to lead to severe ocular problems, impair quality of life, and restrict daily activities. Growing penetration of stem cell therapies increases chances of development of chronic ocular graft versus host disease.
Furthermore, Meridian Market Consultants (MMC) Study identifies that, in 25% to 70% of patients ocular graft-versus-host disease is responsible for non-relapse morbidity and mortality. Hematopoietic stem cell transplantation (SCT), including bone marrow transplantation (BMT), peripheral blood stem cell transplantation and cord blood transplantation is a routine procedure and it offers potential cure for life threatening diseases such as aplastic anemia, hematological malignancies, lysosomal storage disorders etc. Ocular graft-versus-host disease is one of the major complications of allogenic stem cell transplant. The first line treatment for chronic ocular graft-versus-host disease include immunosuppressant and topical steroids. Immunosuppressant treatment for the chronic ocular graft-versus-host disease are methotrexate, cyclosporine and anti-lymphocyte antibodies. Topical steroids approved for the treatment of chronic inflammation, and maintaining mucosal integrity. The latest approval of generic loteprednol etabonate is expected to push the market growth. Further new treatment options being develop such as amniotic membrane transplantation, autologous serum eye drops are expected to be launched in the market in next few years. Amniotic membrane is rich in cytokines, growth factors and protease inhibitors and serves as a biological bandage that suppresses inflammation and promotes epithelialization. Amniotic membrane transplantation can avoid systemic immunosuppression and also decreases recurrence of primary condition.
To know the latest insights, qualitative data, trends, quantitative data, and more related toGlobal Chronic Ocular Graft-versus-host Disease Market, visit: https://www.meridianmarketconsultants.com/global-chronic-ocular-graft-%20versus-host-disease-market
MMC Study identifies some of the key players operating in chronic ocular graft-versus-host disease market market globally are Bauch and Lomb, Akorn Inc., Apotex Corporation, Pfizer Inc., Par Pharmaceutical, Accord Healthcare Limited, Sandoz (Novartis), Medexus Inc., Nordic Group Bv, Actavis Pharma, Allergan Inc. etc.
Read Detailed News @: https://meridianmarketconsultants.com/pressrelese/global-chronic-ocular-graft-versus-host-disease-market
About Meridian Market Consultants (MMC):
Meridian Market Consultants (MMC) is committed to provide deep insights that serve as creative tool for the client that enables it to perform confidently in the market. At MMC we adhere to the client needs and regularly ponder to bring out more valuable and real outcomes for our customers. We are equipped with strategically enhanced group of researchers and analysts that redefines and stabilizes the business polarity in different categorical dimensions of the market.
Contact Us:
Meridian Market Consultants (MMC)
13121, Louetta Road,
#440, Cypress, Texas 77429
United States
Tel: +1-(281)-619-8646
For Sales Queries: [email protected]
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rohinic123-blog · 4 years
Text
Ophthalmic Drugs Market  - Major Factors Driving the Industry
Transparency Market Research (TMR) has published a new report titled, ‘Ophthalmic Drugs Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global Ophthalmic Drugs Market was valued at US$ 26,018.3 Mn in 2018 and is projected to expand at a CAGR of 4.1% from 2019 to 2027.
Overview
Ophthalmic Drugs are the anti-infectives drugs that contained in a product formulated especially to be instilled or applied in the eye or eyes. Ophthalmic anti-infectives include eye drops, gels or ointments. Anti-infectives are drugs that can either kill an infectious agent or inhibit it from spreading.
The ophthalmic infectious diseases produce a discharge whereas inflammatory diseases do not.
North America dominated the global Ophthalmic Drugs Market in 2018 and the trend is anticipated to continue during the forecast period. Highly structured health care industry and introduction of the Affordable Care Act in the U.S. are expected to drive the market in North America.
Asia Pacific is likely to be a highly lucrative market for retinal disorders and it is expected to expand at a high CAGR during the forecast period
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Increasing incidence rates of eye related disorders to Drive Market
There is an alarming rise in incidence of eye related diseases, especially in the developed countries, which is anticipated to drive the growth of the ophthalmic drugs market during 2017-2025
According to the Prevent Blindness report, the number of people in the U.S., suffering from cataract is expected to increase from 24.4 Mn in 2010, to 30.5 Mn by 2020, and people suffering from diabetic retinopathy in U.S. are projected to increase from 7.7 Mn in 2010 to 9.2 Mn in 2020
The patients for open angle glaucoma and AMD in U.S., were 2.7 Mn and 2.1 Mn, respectively, which are projected to increase to 3.3 Mn and 2.5 Mn, respectively, till 2020
The increasing patient pool in developing countries as well as developed regions is estimated to propel healthcare spending for eye treatments in each region and drive the growth of the ophthalmic drugs market.
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Advanced retinal treatment approvals for unmet needs in eye disorders to drive the market
Eye diseases such as chronic or recurrent uveitis, optic nerve, neurodegeneration retinitis pigmentosa, retinoblastoma, etc., lack an effective treatment option, and thus are categorized as unmet medical needs within the ophthalmologic diseases space
Several new entrants are dedicated to provide specialized treatment methods for eye diseases:
On May 18 2017, Spark Therapeutics, Inc. submitted the first and only Biological License Application to the U.S. FDA for the treatment of Leber’s congenital amaurosis by gene therapy
On March 25 2015, Regeneron Pharmaceuticals Inc., announced the approval of Eylea, the first VEGF inhibitor approved for dosing on a less than monthly basis for the treatment of diabetic macular edema
Severe inflammatory eye diseases, such as uveitis, lacked a solid treatment option earlier to the FDA approval of Humira for the indication of non-infectious intermediate, posterior, and panuveitis in adult patients
In June 2016, the U.S. FDA approved the first and only biologic approved drug, Humira, for the treatment of uveitis
Such approvals for advanced treatment options for the treatment of unmet medical needs in the field of eye disorders are projected to boost the expansion of the global ophthalmic drugs market
Dry Eye Segment to Dominate Market
Based on Disease Indication, the global Ophthalmic Drugs Market has been divided into Dry Eye, Glaucoma, Infection/Inflammation, Retinal Disorders, Allergy, Uveitis, Others. The Retinal Disorders segment has been bifurcated into Wet AMD, Dry AMD, Diabetic Retinopathy, Others. The Dry Eye segment dominated the global Ophthalmic Drugs Market in 2018 and the trend is projected to continue during the forecast period. Increasing global pollution, rising use of computers by working professionals, and advanced treatment methods under research by major market players.
Changing environmental factors, increasing pollution, and rising number of market players with aggressive marketing strategies to accelerate the growth of the segment. According to Donelson EyeCare, dry eye disease affects approximately 20 million people in the U.S., and the number is expected to increase exponentially during the forecast period.
Moreover, fewer side effects, optimum price of the pills, and higher efficacy makes it preferable for use among women
Anti-Glaucoma Drugs to be Highly Lucrative Segment
In terms of Therapeutic Class, the global Ophthalmic Drugs Market has been classified into Anti-inflammatory Drugs, Anti-infective Drugs, Anti-Glaucoma Drugs, Anti-allergy Drugs, Anti-VEGF Agents and Others.
The Anti-Glaucoma Drugs segment dominated the Ophthalmic Drugs Market due to increasing prevalence, higher inclination towards combination methods, and rising initiatives for treatment penetration.
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North America to Dominate Global Market
In terms of region, the global Ophthalmic Drugs Market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global Ophthalmic Drugs Market in 2018, followed by Europe.
North America accounted for major share of the global Ophthalmic Drugs Market in 2018. The market is witnessing significant transformations due to changing Medicare policies in the U.S., pricing of branded specialty drugs, and the rising patient pool.
The increasing patient number along with rising health initiatives for treatment awareness are projected to drive the demand for ophthalmic drugs in this region.
The Ophthalmic Drugs Market in Asia Pacific is anticipated to expand at a high CAGR from 2019 to 2027. Asia Pacific is projected to be a fast growing market for ophthalmic drugs due to factors such as high patient pool, rise in the number of local and regional players in Japan and China, and awareness programs by governments for prevention and treatment of vision loss.
Increased prevalence of diabetes resulting in high risks of diabetic retinopathy and other retinal disorders among diabetic patients, along with rising geriatric population, are factors driving the growth of the Asia Pacific ophthalmic drugs market.
Competitive Landscape
The global Ophthalmic Drugs Market is fragmented in terms of number of players. Key players in the global market include Aerie Pharmaceuticals, Inc., ALLERGAN, Valeant Pharmaceuticals International, Inc., Bayer AG, Genentech, Inc. (F. Hoffmann-La Roche Ltd.), Novartis AG, Pfizer Inc., Regeneron Pharmaceuticals, Inc. and Santen Pharmaceutical Co., Ltd., among others.
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turbos-posts · 3 years
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Uveitis Treatment Market Growth, Share Estimation, and Size Analysis By 2027
Market Synopsis
Uveitis is a form of inflammation that occurs in the middle layer of the eyeball known as the uvea. It is accompanied by symptoms such as pain, redness of the eyes, and blurred vision. It mainly occurs in people aged between 20 to 50 years. There are three main types of uveitis—anterior uveitis, posterior uveitis, and intermediate uveitis.
For instance, in June 2016, AbbVie Inc received FDA (Food and Drug Administration) approvals for its HUMIRA in the treatment of non-infectious intermediate, posterior, and panuveitis. This helped it to strengthen its uveitis treatment product portfolio.
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Uveitis is an eye conditions, an inflammation of the middle layer of the eyeball, called the uvea. Uveitis is manifested through symptoms such as redness of the eye, pain, and blurred vision. These are the prime symptoms of uveitis. The disease usually occurs in people aged 20 to 50 and can cause significant distress due to the pain and blurry vision caused by the problem. The growing prevalence of uveitis is the major driver for the global uveitis treatment market over the forecast period from 2019 to 2025. The growing prevalence of uveitis is due to the increasing threat of air pollution, which is a major causative factor for the inflammation of delicate body parts such as the inner regions of the eye. This is likely to remain a major driver for the uveitis treatment market over the forecast period, as growing urbanization around the world is likely to intensify the problem of air pollution in the coming years.
Increasing expenditure on R&D to find solutions for uveitis is likely to be a major driver for the global uveitis treatment market. The increasing awareness about uveitis among the general populace is the key driver for this phenomenon, as this has driven the demand for effective cures for the condition. Increasing product launches in the uveitis treatment market are also likely to remain a major driver for the market over the forecast period. On the other hand, the widespread use of corticosteroid drugs is likely to be the major restraint on the market, as there are various side effects of corticosteroid drugs that patients want to avoid.
Uveitis Treatment Market Competitive Analysis:
Leading players in the global uveitis treatment market include Allergan Plc, Novartis AG, Bausch Health, EyePoint Pharmaceuticals Inc., AbbVie Inc., Horizon Therapeutics plc, Mylan NV, and Alimera Sciences. Major players in the global uveitis treatment market are likely to
focus on R&D in the coming years, as the demand for various effective treatments for the condition has driven the demand for product innovation. Coming up with new products for the treatment of uveitis is likely to be a major strategy for players in the uveitis treatment market. In October 2018, for example, EyePoint Pharmaceuticals received FDA approval for Yutiq (fluocinolone acetonide intravitreal implant), used in the treatment of chronic non-infectious uveitis.
Uveitis Treatment Market Segmentation:
The global uveitis treatment market is segmented on the basis of type, drug class, end use, and region.
By type, the global uveitis treatment market is segmented into anterior uveitis, intermediate uveitis, posterior uveitis, and others. Anterior uveitis is the largest segment of the global uveitis treatment market. The iris and adjacent tissues are the primary site of anterior uveitis. The topical application of corticosteroid drugs is the major treatment for anterior uveitis.
By drug class, the global uveitis treatment market is segmented into corticosteroid drugs, anti-inflammatory drugs, and immunosuppressive drugs. Corticosteroid drugs are widely used to treat uveitis and comprise the largest segment of the global market. Corticosteroids are mainly used in acute cases of uveitis, with anti-inflammatory drugs being preferred for chronic cases.
By end use, the global uveitis treatment market is segmented into hospitals, specialty clinics, and others. The hospital segment holds the largest share in the global market.
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Uveitis Treatment Market Regional Analysis:
The Americas hold the largest share in the global uveitis treatment market and are likely to retain the major share over the forecast period due to the growing prevalence of and awareness about uveitis in the region. On the other hand, the fastest growing regional market for uveitis treatment is Asia Pacific, which is likely to grow into an important regional market for uveitis treatment due to the growing problem of air pollution in the region.
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