Bacterial Eye Infection Therapeutics Market Analysis, Revenue
Growth and Demand Forecast To 2031
The global bacterial eye infection therapeutics market is
anticipated to grow at a significant CAGR during the forecast period (2024-2031).
The most prevalent bacterial infections of the eye include stye or sty
(hordeolum), conjunctivitis keratitis, blepharitis, ocular herpes, uveitis,
endophthalmitis, and cellulitis, among others. The rise in the geriatric
patients’ population, coupled with the awareness about minor eye disorders are
the pivotal factors affecting the growth of the global bacterial eye infection
therapeutics market. The geriatric population is already considered to be more
prone to suffer from eye diseases. Adding to this, there are high unmet medical
needs related to eye care which are further anticipated to augment the global
market growth.
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Further, the incidences of bacterial eye infections are
projected to rise globally in the near future. The major causes of the same
include inadequate eye hygiene habits, an increasing number of post-operative
eye infections, coupled with the emergence of new pathogens. For instance, as
per the survey conducted by the National Ambulatory Medical Care Survey, alone
in the year 2005, over 4.0 million Americans made visits to ambulatory
physicians for bacterial conjunctivitis. Approximately 70% of patients with
acute conjunctivitis consult primary and urgent care providers, accounting for
1.0% of overall primary care office visits. Further, adenoviruses account for
65-90% of cases of viral conjunctivitis. In addition, the global incidence of
herpes simplex keratitis was calculated at approximately 1.5 million with
40,000 new cases of severe monocular visual impairment or blindness a year.
Some key players operating in the market include Akorn,
Inc., Novartis AG, and Bayer AG. These players are eyeing on strengthening
their position in the market by adopting various strategies as mergers and
acquisitions, partnerships, collaborations, new product launch and development
in the existing product portfolio, and so on.
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Market Coverage
Competitive Landscape: Akorn, Inc.,
Novartis AG, and Bayer AG.
Key questions addressed by the report
o Recovery
Timeline
o Deviation
from pre-COVID forecast
o Most
affected region and segment
Global Bacterial Eye Infection Therapeutics Market -
Segmentation
By Product
•
Ointments
•
Eye Drops
•
Drugs
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