The 7 major allergic conjunctivitis markets reached a value of US$ 2.0 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 2.7 Billion by 2034, exhibiting a growth rate (CAGR) of 2.88% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year |
2023
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Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 2.0 Billion |
Market Forecast in 2034
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US$ 2.7 Billion |
Market Growth Rate 2024-2034 | 2.88% |
The allergic conjunctivitis market has been comprehensively analyzed in IMARC's new report titled "Allergic Conjunctivitis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Allergic conjunctivitis is a condition that occurs when the conjunctiva, a thin layer of tissue covering the eye, becomes inflamed due to an allergic reaction. The most common symptoms of the ailment are itching, redness, watering, swelling of the eyes, gritty or burning sensations, etc. These indications can be present in one or both eyes and can vary in severity. In some cases, allergic conjunctivitis may cause blurred vision, light sensitivity, and a discharge from the eyes. The diagnosis of allergic conjunctivitis is usually based on the patient's symptoms and a physical examination of the eyes. The eye doctor may also ask questions about the patient's medical history, including any known allergies or family history of allergies. In some cases, additional tests, such as an allergy skin test or blood test, may be performed in order to identify the specific allergen causing the reaction. Additionally, the doctor may use a slit lamp microscope to examine the eyes and look for signs of inflammation, including swelling or redness of the conjunctiva.
The rising incidences of exposure to pollutants and chemicals owing to the elevating levels of urbanization and industrialization are primarily augmenting the allergic conjunctivitis market. In addition to this, the widespread adoption of eyedrops, such as over-the-counter antihistamine eye drops that can relieve irritation and prescription eye drops containing corticosteroids that can reduce inflammation, is creating a positive outlook for the market. Moreover, the escalating utilization of optical coherence tomography to diagnose allergic conjunctivitis, since it aids in identifying changes in the structures of the eye that are associated with inflammation, is also bolstering the market growth. Furthermore, several key players are making extensive investments in developing novel treatments that target specific inflammatory pathways in the eye to provide more effective relief of symptoms. This, in turn, is acting as another significant growth-inducing factor. Additionally, the growing popularity of refrigerated artificial tears to rinse and clean the eye due to their advantage of early relief over room temperature artificial tears is further propelling the market growth. Besides this, the ongoing development of novel ocular drug delivery systems, such as ocular inserts and drug-eluting contact lenses, which are designed to deliver medications directly to the eye in order to provide targeted and effective treatment, is expected to drive the allergic conjunctivitis market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the allergic conjunctivitis market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for allergic conjunctivitis and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the allergic conjunctivitis market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current allergic conjunctivitis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Zaditor (Ketotifen fumarate ophthalmic) | Novartis Ophthalmics |
Bepreve (Bepotastine besilate) | Mitsubishi Tanabe Pharma Corporation |
Elestat (Epinastine ophthalmic) | AbbVie |
Lastacaft (Alcaftadine) | AbbVie |
Alocril (Nedocromil ophthalmic) | AbbVie |
Reproxalap | Aldeyra Therapeutics |
VSJ 110 | Vanda Pharmaceuticals |
ST266 | Noveome |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Allergic Conjunctivitis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies