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Conjunctivitis may occur due to allergies and involves the infection of the eye in which the conjunctiva is infected. The patent expiries of few drugs such as Lotemax, Patanol, Pataday, and Lastacaft along with the expected entry of few other drugs into the market during the forecast period are envisaged to result in this market’s slow growth rate of approximately 2% by 2019.
The unmet need for viral conjunctivitis is the key driver for the growth of this market. Since there are no approved drugs for the treatment of viral conjunctivitis, many companies and researchers are now developing drugs that are in the clinical stage of development. These drugs are expected to aid in the treatment of viral conjunctivitis and their effectiveness will, in turn, promote growth in this market in the next four years.
This market is growing at a moderate pace owing to the loss of patent exclusivities and the augmented use of generics in the market. Since there is no effective treatment option for conjunctivitis, the companies that can effectively treat and cure this disease are expected to gain a competitive edge over their peers during the forecast period.
Technavio’s market research analyst has estimated the allergic conjunctivitis segment to account for more than 41% of the total market share by 2019. This condition is caused due to the different allergens present in the environment and generally leads to constant irritation and inflammation of the conjunctival tissue.
Geographically, the Americas are expected to account for more than 51% of the total market by 2019. Increasing awareness of the infection coupled with the availability of treatment options is expected to result in this region’s high market share during the forecast period.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Overview: Conjunctivitis
PART 06: Pipeline analysis
PART 07: Market landscape
PART 08: Market segmentation based on condition type
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Key vendor analysis
PART 17: Appendix
PART 18: Explore Technavio
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