Allergic Conjunctivitis Market

Allergic Conjunctivitis Market



Growth Factors of Allergic Conjunctivitis Market

The allergic conjunctivitis market size was valued at USD 3.04 billion in 2023, and the market is now projected to grow from USD 3.20 billion in 2024 to USD 4.96 billion by 2032, exhibiting a CAGR of 5.6% during the forecast period of 2024-2032.

Pandemic negatively impacted allergic conjunctivitis market growth. However, in 2021, the market experienced pre-pandemic increase due to behind schedule remedies and new product launches. In 2022 and 2023, the marketplace additionally experienced pre-pandemic growth rate, and is projected to develop at an extensive CAGR from 2024.

Ocular allergic reactions are a widespread marketplace motive force, affecting over 15% of the global population. These allergies affect multiple frame organs, main to symptoms associated with a couple of systems. The ocular element is the most prominent and disabling function, causing chronic signs like itching and watering of the eyes. The demand for therapeutics like antihistamines and mast mobile stabilizers has expanded appreciably due to the growing affected person population. Research display that the prevalence of this circumstance has significantly elevated over the last 40 years.

The market fashion is transferring from prescription-best therapeutics to Over-The-Counter (OTC) pills, presenting convenience and affordability. This shift has brought about multiplied adoption of these therapeutics. In July 2020, the U.S. FDA approved Alcon's Pataday Once Daily Relief (olopatadine hydrochloride, 0.7%) to transition from prescription-simplest to OTC. This method, monitored with the aid of the FDA, is taken into consideration scientifically rigorous and quite regulated, presenting access to a growing variety of therapeutics for ocular hypersensitive reactions sufferers. These tendencies are predicted to open up a brand-new affected person population for organizations in the marketplace and contribute considerably to the marketplace's surge within the forecast duration.

Comprehensive Analysis of Allergic Conjunctivitis Market

The global marketplace is segmented into antihistamines and mast cell stabilizers, corticosteroids, and others. The antihistamines and mast mobile stabilizers section are expected to broaden at a huge CAGR due to their reputation due to the fact the gold popular remedy. The corticosteroids phase is anticipated to have the second-maximum marketplace percentage in 2023 because of their utilization in excessive ocular allergy cases. The market is divided into moderate and excessive disease sorts, with excessive allergic conjunctivitis keeping the very best marketplace percentage because of immoderate medical expenditure. The marketplace is also break up into health centre pharmacies, drug stores and retail pharmacies, and on-line pharmacies. Hospital pharmacies dominate the market due to thorough examinations via educated medical professionals. Drug stores and retail pharmacies account for the second-highest market in 2020 because of rising call for over-the-counter medicines. Online pharmacies are expected to witness the highest increase rate because of their comfort and ease of procurement.

The North America region lead the allergic conjunctivitis market share by benefitting a market size of USD 1.48 billion in 2023 due to its widespread awareness of ocular allergies, strong prevalence of the disease, and the presence of major players launching advanced drugs.

The marketplace is monopolistic, with key players like Allergan, Bausch and Lomb, and Alcon dominating because of their strong product portfolio. Other corporations like Sun Pharmaceuticals and Alembic Pharmaceuticals are increasing their presence thru specializing in product approvals and preferred drug launches. Emerging players like Ocular Therapeutix and Eton Pharmaceutical are also aiming to advantage regulatory approvals.

Harrow has signed a address Santen Pharmaceutical Co., Ltd. To gather business rights for 6 branded ophthalmic merchandise, increasing its ophthalmic product portfolio.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.6% from 2024-2032

Unit Value (USD billion)

Segmentation By Drug Class
  • Antihistamines & Mast Cell Stabilizers
  • Corticosteroids
  • Others
By Disease Type
  • Mild Allergic Conjunctivitis
  • Severe Allergic Conjunctivitis
By Distribution Channel
  • Hospital Pharmacies
  • Drug Stores & Retail Pharmacies
  • Online Pharmacies
By Region
  • North America (By Drug Class, By Disease Type, By Distribution Channel, By Country)
  • U.S.
  • Canada
  • Europe (By Drug Class, By Disease Type, By Distribution Channel, By Country)
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Scandinavia
  • Rest of Europe
  • Asia Pacific (By Drug Class, By Disease Type, By Distribution Channel, By Country )
  • Japan
  • China
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
  • Latin America (By Drug Class, By Disease Type, By Distribution Channel, By Country)
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa (By Drug Class, By Disease Type, By Distribution Channel, By Country)
  • GCC
  • South Africa
  • Rest of Middle East & Africa


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1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Prevalence of Allergic Conjunctivitis - By Key Countries, 2022/ 2023
4.2. Pipeline Analysis, By Key Players
4.3. Key Industry Developments, Mergers, Acquisitions, Etc.
4.4. New Product Launches, By Key Players
4.5. Impact of COVID-19 on the Market
5. Global Allergic Conjunctivitis Market Analysis, Insights and Forecast, 2019-2032
5.1. Market Analysis, Insights and Forecast – By Drug Class
5.1.1. Antihistamines & Mast Cell Stabilizers
5.1.2. Corticosteroids
5.1.3. Others
5.2. Market Analysis, Insights and Forecast – By Disease Type
5.2.1. Mild Allergic Conjunctivitis
5.2.2. Severe Allergic Conjunctivitis
5.3. Market Analysis, Insights and Forecast – By Distribution Channel
5.3.1. Hospital Pharmacies
5.3.2. Drug Stores & Retail Pharmacies
5.3.3. Online Pharmacies
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America
5.4.5. Middle East & Africa
6. North America Allergic Conjunctivitis Market Analysis, Insights and Forecast, 2019-2032
6.1. Market Analysis, Insights and Forecast – By Drug Class
6.1.1. Antihistamines & Mast Cell Stabilizers
6.1.2. Corticosteroids
6.1.3. Others
6.2. Market Analysis, Insights and Forecast – By Disease Type
6.2.1. Mild Allergic Conjunctivitis
6.2.2. Severe Allergic Conjunctivitis
6.3. Market Analysis, Insights and Forecast – By Distribution Channel
6.3.1. Hospital Pharmacies
6.3.2. Drug Stores & Retail Pharmacies
6.3.3. Online Pharmacies
6.4. Market Analysis, Insights and Forecast – By Country
6.4.1. U.S.
6.4.2. Canada
7. Europe Allergic Conjunctivitis Market Analysis, Insights and Forecast, 2019-2032
7.1. Market Analysis, Insights and Forecast – By Drug Class
7.1.1. Antihistamines & Mast Cell Stabilizers
7.1.2. Corticosteroids
7.1.3. Others
7.2. Market Analysis, Insights and Forecast – By Disease Type
7.2.1. Mild Allergic Conjunctivitis
7.2.2. Severe Allergic Conjunctivitis
7.3. Market Analysis, Insights and Forecast – By Distribution Channel
7.3.1. Hospital Pharmacies
7.3.2. Drug Stores & Retail Pharmacies
7.3.3. Online Pharmacies
7.4. Market Analysis, Insights and Forecast – By Country/ Sub-Region
7.4.1. U.K.
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Italy
7.4.6. Scandinavia
7.4.7. Rest of Europe
8. Asia Pacific Allergic Conjunctivitis Market Analysis, Insights and Forecast, 2019-2032
8.1. Market Analysis, Insights and Forecast – By Drug Class
8.1.1. Antihistamines & Mast Cell Stabilizers
8.1.2. Corticosteroids
8.1.3. Others
8.2. Market Analysis, Insights and Forecast – By Disease Type
8.2.1. Mild Allergic Conjunctivitis
8.2.2. Severe Allergic Conjunctivitis
8.3. Market Analysis, Insights and Forecast – By Distribution Channel
8.3.1. Hospital Pharmacies
8.3.2. Drug Stores & Retail Pharmacies
8.3.3. Online Pharmacies
8.4. Market Analysis, Insights and Forecast – By Country/ Sub-Region
8.4.1. Japan
8.4.2. China
8.4.3. India
8.4.4. Australia
8.4.5. Southeast Asia
8.4.6. Rest of Asia Pacific
9. Latin America Allergic Conjunctivitis Market Analysis, Insights and Forecast, 2019-2032
9.1. Market Analysis, Insights and Forecast – By Drug Class
9.1.1. Antihistamines & Mast Cell Stabilizers
9.1.2. Corticosteroids
9.1.3. Others
9.2. Market Analysis, Insights and Forecast – By Disease Type
9.2.1. Mild Allergic Conjunctivitis
9.2.2. Severe Allergic Conjunctivitis
9.3. Market Analysis, Insights and Forecast – By Distribution Channel
9.3.1. Hospital Pharmacies
9.3.2. Drug Stores & Retail Pharmacies
9.3.3. Online Pharmacies
9.4. Market Analysis, Insights and Forecast – By Country/ Sub-Region
9.4.1. Brazil
9.4.2. Mexico
9.4.3. Rest of Latin America
10. Middle East & Africa Allergic Conjunctivitis Market Analysis, Insights and Forecast, 2019-2032
10.1. Market Analysis, Insights and Forecast – By Drug Class
10.1.1. Antihistamines & Mast Cell Stabilizers
10.1.2. Corticosteroids
10.1.3. Others
10.2. Market Analysis, Insights and Forecast – By Disease Type
10.2.1. Mild Allergic Conjunctivitis
10.2.2. Severe Allergic Conjunctivitis
10.3. Market Analysis, Insights and Forecast – By Distribution Channel
10.3.1. Hospital Pharmacies
10.3.2. Drug Stores & Retail Pharmacies
10.3.3. Online Pharmacies
10.4. Market Analysis, Insights and Forecast – By Country/ Sub-Region
10.4.1. GCC Countries
10.4.2. South Africa
10.4.3. Rest of Middle East & Africa
11. Competitive Analysis
11.1. Global Market Share Analysis (2023)
11.2. Company Profiles
11.2.1. Allergan (AbbVie Inc.)
11.2.1.1. Overview
11.2.1.2. Products
11.2.1.3. SWOT Analysis
11.2.1.4. Recent Developments
11.2.1.5. Strategies
11.2.1.6. Financials (Based On Availability)
11.2.2. Santen Pharmaceutical Co., Ltd.
11.2.2.1. Overview
11.2.2.2. Products
11.2.2.3. SWOT Analysis
11.2.2.4. Recent Developments
11.2.2.5. Strategies
11.2.2.6. Financials (Based On Availability)
11.2.3. Bausch & Lomb
11.2.3.1. Overview
11.2.3.2. Products
11.2.3.3. SWOT Analysis
11.2.3.4. Recent Developments
11.2.3.5. Strategies
11.2.3.6. Financials (Based On Availability)
11.2.4. Alcon
11.2.4.1. Overview
11.2.4.2. Products
11.2.4.3. SWOT Analysis
11.2.4.4. Recent Developments
11.2.4.5. Strategies
11.2.4.6. Financials (Based On Availability)
11.2.5. Novartis AG
11.2.5.1. Overview
11.2.5.2. Products
11.2.5.3. SWOT Analysis
11.2.5.4. Recent Developments
11.2.5.5. Strategies
11.2.5.6. Financials (Based On Availability)
11.2.6. Eyevance Pharmaceuticals LLC
11.2.6.1. Overview
11.2.6.2. Products
11.2.6.3. SWOT Analysis
11.2.6.4. Recent Developments
11.2.6.5. Strategies
11.2.6.6. Financials (Based On Availability)
11.2.7. Sun Pharmaceutical Industries Ltd.
11.2.7.1. Overview
11.2.7.2. Products
11.2.7.3. SWOT Analysis
11.2.7.4. Recent Developments
11.2.7.5. Strategies
11.2.7.6. Financials (Based On Availability)
11.2.8. Ocular Therapeutix, Inc.
11.2.8.1. Overview
11.2.8.2. Products
11.2.8.3. SWOT Analysis
11.2.8.4. Recent Developments
11.2.8.5. Strategies
11.2.8.6. Financials (Based On Availability)
11.2.9. Eton Pharmaceutical
11.2.9.1. Overview
11.2.9.2. Products
11.2.9.3. SWOT Analysis
11.2.9.4. Recent Developments
11.2.9.5. Strategies
11.2.9.6. Financials (Based On Availability)

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