Global Bacterial Conjunctivitis Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 4.18 Billion |
Market Size (Forecast Year) |
USD 5.81 Billion |
CAGR |
|
Major Markets Players |
Global Bacterial Conjunctivitis Market, Types (Hyperacute Bacterial Conjunctivitis, Acute Bacterial Conjunctivitis, Chronic Bacterial Conjunctivitis), Drug Class (Antibiotics, Antihistamines, Corticosteroids, Others), Route of Administration (Oral, Topical, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Conjunctivitis, popularly known as pink eye in the United States, is a contagious eye infection. Bacterial conjunctivitis is a conjunctival irritation that bacteria, viruses, or allergies can cause. It's a highly contagious disease that spreads quickly from one person to another by touching infected people's things, coughing, and sneezing. Gram-positive bacteria and gram-negative bacteria can both cause bacterial conjunctivitis. Some of the symptoms include reddening of the eyes, rolling tears, thick yellow discharge, itching, burning sensation, blurred vision, and increased sensitivity to light.
Data Bridge Market Research analyses that the bacterial conjunctivitis market was valued at USD 4.18 billion in 2021 and is expected to reach USD 5.81 billion by 2029, registering a CAGR of 4.20% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Types (Hyperacute Bacterial Conjunctivitis, Acute Bacterial Conjunctivitis, Chronic Bacterial Conjunctivitis), Drug Class (Antibiotics, Antihistamines, Corticosteroids, Others), Route of Administration (Oral, Topical, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Eli Lilly and Company (U.S.), AstraZeneca (U.K.), Novartis AG (Switzerland), Johnson & Johnson Private Limited (U.S.), Teva Pharmaceutical Industries Ltd. (Ireland), Merck & Co., Inc. (U.S.), Allergan (Ireland), Bausch Health Companies Inc. (Canada), Abbott (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), Pfizer Inc. (U.S.), GlaxoSmithKline plc (U.K.), Sanofi (France), Merck KGaA (Germany), Sun Pharmaceutical Industries Ltd. (India), Endo International plc (Ireland), Apotex Inc. (Canada), Amneal Pharmaceuticals LLC. (U.S.), Fresenius Kabi AG (Germany), Torrent Pharmaceuticals Ltd. (India) |
Market Opportunities |
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Market Definition
Inflammation of the outermost layer of the eye and the inner area of the eyelid is known as bacterial conjunctivitis. Swelling, wet eyes, and redness are all indications of bacterial conjunctivitis. Staphylococci, haemophilus, Chlamydia trachomatis, and streptococci are among the bacteria that cause conjunctivitis. Bacterial conjunctivitis is more common in children and the elderly, but it can afflict persons of any age range. The rising number of occurrences of bacterial conjunctivitis necessitates effective treatment, boosting the market for bacterial conjunctivitis medications. Immunological compromise, poor hygiene, ocular diseases such as blepharitis, dry eye and contaminated cosmetics all contribute to the spread of bacterial conjunctivitis. It can be avoided by keeping good hygiene, and hand washing help to lower the risk of bacterial conjunctivitis.
Bacterial Conjunctivitis Market Dynamics
Drivers
- Rising prevalence of bacterial conjunctivitis
The rising prevalence of bacterial conjunctivitis is anticipated to expand the market's growth rate. Conjunctivitis is on the rise around the world, with a large increase in the incidence and prevalence rate. Conjunctivitis affects millions of individuals worldwide, putting a financial and social strain on growing economies like China, India, and Korea. It is widely used in the United States, China, India, and other EU countries. According to the National Center for Biotechnology Information, acute conjunctivitis affects about 6 million people in the United States each year. Treatment for bacterial conjunctivitis is expected to cost between USD 377 and USD 857 million per year. Many state health agencies in the United States require students to be treated with topical antibiotic eye drops before returning to school, regardless of the underlying cause of conjunctivitis.
- Improved eye care system in hospitals and clinics globally
Conjunctivitis is treated effectively in all hospitals and clinics. It is unnecessary to seek treatment for conjunctivitis at a specialized eye hospital. The majority of conjunctivitis patients are treated by general care physicians rather than specialized eye care professionals. Conjunctivitis accounts for about 1% of all primary care office visits in the United States. A total of 70.0 percent of patients with acute conjunctivitis are treated in primary care and urgent care settings. Patients can receive specialist care from a variety of eye care hospitals, clinics, and research institutes, among others.
- Increasing cases of conjunctivitis in infants
The increasing number of cases of conjunctivitis in infants is estimated to enhance the market's growth rate. A large number of new-borns are affected with bacterial conjunctivitis. New-borns with this syndrome are particularly vulnerable to catastrophic consequences. As a result, treatment for this ailment cannot be postponed. All of the major hospitals, clinics, and institutes actively assist the treatment of new-borns as soon as possible. After a baby develops conjunctivitis, ointment or prescribed eye drops are recommended. Chemical, bacterial, inclusion, and even childhood conjunctivitis are other types of conjunctivitis in new-borns that can go away in a few weeks under the guidance of a specialist.
Furthermore, a surging number of government initiatives to spread awareness and sedentary lifestyle will result in the expansion of bacterial conjunctivitis market. Along with this, rising level of disposable income and increased exposure to chemicals and pollutants will enhance the market's growth rate.
Opportunities
- Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of bacterial conjunctivitis market is the rising healthcare expenditure which helps in improving its infrastructure. Government policies all around the world are focusing on strengthening the healthcare system by boosting healthcare budgets and creating consistent policies. Governments all throughout the world are supporting the healthcare system. The world's healthcare system has benefited from increased healthcare spending. Developed economies, such as the U.S., U.K., Germany, and Canada, invest substantial money in healthcare. China, Korea, India, and Korea are among the growing economies that are expanding their healthcare spending.
- Rise in R&D activities
The market's growth is fueled by growing number of research and development activities. This will provide beneficial opportunities for the bacterial conjunctivitis market growth.
Moreover, the market's growth is fueled by investment to develop advanced technologies and increase the number of emerging markets. These factors will provide beneficial opportunities for the bacterial conjunctivitis market growth.
Restraints/Challenges
On the other hand, the high cost associated with the treatment will obstruct the growth rate of bacterial conjunctivitis market during the forecast period of 2022-2029. The patent expiry of branded drugs and introduction of generic drugs will challenge the bacterial conjunctivitis market. Additionally, lack of healthcare infrastructure in developing economies and the dearth of awareness among people will act as restrain and further impede the growth rate of market during the forecast period of 2022-2029.
This bacterial conjunctivitis market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bacterial conjunctivitis market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Patient Epidemiology Analysis
Bacterial conjunctivitis market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analyses of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.
COVID-19 Impact on Bacterial Conjunctivitis Market
In order to contain the coronavirus outbreak, most of the world's main nations were compelled to go into lockdown. Since then, the pandemic has delayed the expansion of the healthcare sector and disrupted the supply chain. Furthermore, governments in many nations had imposed nationwide lockdowns to halt the spread of COVID-19. As a result of this predicament, most pharmaceutical companies throughout the world are focusing on preserving their commerce and cash flow rather than investing in product development. Key players in the global conjunctivitis sector were also having difficulty running their plants and working at full capacity in order to meet their production targets. However, the bacterial conjunctivitis market is likely to improve as respective government bodies lifted the enforced lockdown restrictions. Various sectors are anticipated to rebound quickly post COVID-19 pandemic due to the wide number of applications they serve. As a result, the market is projected to stabilize in the future.
Global Bacterial Conjunctivitis Market Scope
The bacterial conjunctivitis market is segmented on the basis of types, drug class, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Drug Class
- Antibiotics
- Fluoroquinolones
- Aminoglycosides
- Macrolides
- Others
- Antihistamines
- Corticosteroids
- Others
Types
- Hyperacute Bacterial Conjunctivitis
- Acute Bacterial Conjunctivitis
- Chronic Bacterial Conjunctivitis
Route of Administration
- Oral
- Topical
- Others
End-Users
- Hospitals
- Specialty Clinics
- Homecare
- Others
Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
- Others
Bacterial Conjunctivitis Market Regional Analysis/Insights
The bacterial conjunctivitis market is analysed and market size insights and trends are provided by country, types, drug class, route of administration, end-users and distribution channel as referenced above.
The countries covered in the bacterial conjunctivitis market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America and Europe dominate the bacterial conjunctivitis market because of the rising healthcare expenditure and increasing prevalence of conjunctivitis cases in this region. Additionally, the growing focus of major key players in research and development activities will further propel the market's growth rate.
Asia-Pacific is expected to be the fastest-growing region during the forecast period of 2022-2029 due to the growing number of patient populations and the large number of generic manufacturers in this region. Also, development of healthcare infrastructure and rising government initiatives will further propel the market's growth rate in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bacterial Conjunctivitis Market Share Analysis
The bacterial conjunctivitis market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bacterial conjunctivitis market.
Some of the major players operating in the bacterial conjunctivitis market are:
- Eli Lilly and Company (U.S.)
- AstraZeneca (U.K.)
- Novartis AG (Switzerland)
- Johnson & Johnson Private Limited (U.S.)
- Teva Pharmaceutical Industries Ltd. (Ireland)
- Merck & Co., Inc. (U.S.)
- Allergan (Ireland)
- Bausch Health Companies Inc. (Canada)
- Abbott (U.S.)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Pfizer Inc. (U.S.)
- GlaxoSmithKline plc (U.K.)
- Sanofi (France)
- Merck KGaA (Germany)
- Sun Pharmaceutical Industries Ltd. (India)
- Endo International plc (Ireland)
- Apotex Inc. (Canada)
- Amneal Pharmaceuticals LLC. (U.S.)
- Fresenius Kabi AG (Germany)
- Torrent Pharmaceuticals Ltd. (India)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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