The global conjunctivitis treatment market size is expected to reach USD 5.83 billion by 2032, according to a new study by Polaris Market Research. The report “Conjunctivitis Treatment Market Share, Size, Trends, Industry Analysis Report, By Drug Class; By Disease Type; By Route of Administration (Topical, Oral); By Formulation Type; By Distribution Channel; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
An increasing incidence of conjunctivitis is the primary driver for the growth of the conjunctivitis treatment market. Moreover, the strong focus of the industry players towards the research & development for the introduction of more effective treatment and increasing healthcare spending is expected to contribute to the market growth throughout the forecast period. Furthermore, sharing of clothes, eye contact with contaminated objects, hand-to-eye contact, and mutual usage of personal & cosmetic products increases the risk of conjunctivitis, which ultimately propels the demand for its treatment.
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The introduction of new technologies in the field of ophthalmology treatment, the increasing number of patient visits for regular eye checkups, and rapid growth in the number of people seeking medical treatment for conjunctivitis are anticipated to fuel the expansion of the conjunctivitis treatment market in the coming years. Moreover, a growing number of people with low vitamin D levels are more likely to be infected with severe conjunctivitis. For instance, according to a research study of tears from around 335 conjunctivitis patients at the Narayana Nethralaya’s GROW (Genes Repair & Regeneration in Ophthalmic Workstation) Lab, nearly 60% of the 220 patients also had low levels of Vitamin D. Thus, an increasing number of patients with low vitamin D levels are expected to fuel the overall market growth.
Moreover, the strong preference of consumers for topical medications coupled with an increasing number of product launches that are applied topically will drive the market expansion. Furthermore, many ongoing clinical trials for the introduction of new products are expected to provide significant growth opportunities for the market growth.
Conjunctivitis Treatment Market Report Highlights
Polaris Market Research has segmented the conjunctivitis treatment market report based on drug class, disease type, route of administration, formulation type, distribution channel, and region:
Conjunctivitis Treatment, Drug Class Outlook (Revenue - USD Billion, 2019 - 2032)
Conjunctivitis Treatment, Disease Type Outlook (Revenue - USD Billion, 2019 - 2032)
Conjunctivitis Treatment, Route of Administration Outlook (Revenue - USD Billion, 2019 - 2032)
Conjunctivitis Treatment, Formulation Type Outlook (Revenue - USD Billion, 2019 - 2032)
Conjunctivitis Treatment, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)
Conjunctivitis Treatment, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 4.32 billion |
Revenue forecast in 2032 |
USD 5.83 billion |
CAGR |
3.8% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments covered |
|
Regional scope |
|
Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
For Specific Research Requirements |