Viral Conjunctivitis Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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Viral Conjunctivitis Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Status : September, 2020 | Pharmaceutical | PPT format

Report Digest


Global Viral Conjunctivitis Market: Snapshot

Conjunctivitis refers to the swelling or inflammation of the conjunctiva of the eye. Viruses are among the leading causes of conjunctivitis on a global basis. This form of conjunctivitis is highly contagious as viruses present in the air can spread via coughing or sneezing. Viral conjunctivitis can co-occur with influenza, common cold, measles, and respiratory infections. Once contracted, the patient’s eyes produce a watery discharge. The infection typically travels quickly from one eye to the other.

The global viral conjunctivitis market is expected to advance at full tilt, driven by the high incidence of this eye disorder. Viral conjunctivitis accounted for almost half of the portion of the acute conjunctivitis market worldwide, find studies. The competitive landscape of the global viral conjunctivitis market is extremely fragmented on account of the presence of a large number of large and small vendors. Acquisitions, collaborations, mergers, and partnerships are the most commonly used business strategies of these players. For example, in May 2017, Quidel Corporation announced that it has completed the acquisition of AdenoPlus® and InflammaDry® products from RPS Diagnosis.

One of the primary growth drivers of the viral conjunctivitis market is the growing awareness about the treatment of viral conjunctivitis among patients and healthcare providers alike. The demand for viral conjunctivitis drugs and treatments is expected to soar as the incidence of viral conjunctivitis has been shooting up. Moreover, several governments across the world are trying to spread awareness about the disease. For instance, the Lebanese Ministry of Public Health, in collaboration with the Lebanese Ministry of Education and Higher Learning conducted campaigns for spreading awareness about conjunctivitis. 

Global Viral Conjunctivitis Market: Brief Description

Conjunctivitis, also known as Madras eyes in India and pink eye in the United States, is caused because of inflammation or infection of the clear membrane that shields the part of the eyeball and the inner surface of eyelids. Conjunctivitis is generally caused due to bacterial or viral infection, contact with chemical, allergic reaction or irritants. Allergic conjunctivitis is instigated due to allergens such as dust mites, cosmetic, smoke, perfumes, pollen, and balsam of Peru. Blurred vision, light sensitivity, redness of eye, watery discharge from one or both the eyes, tearing or itching in both the eyes, and the sensation of grittiness in one or both the eyes are the primary symptoms witnessed in people distressed from conjunctivitis. It is an extremely transmissible disease and can simply spread through object sharing like towel and meager hand wash.

This industry research report viral conjunctivitis market is a brief review of the growth trail in terms of existing, past, and future scenarios of the global viral conjunctivitis market. It deals with the evaluation of the aspects that are expected to influence the development of the market and the primary trends have also been specified in the research study. The research study also offers a broad lookout on the vendor landscape of the market through Porter’s five forces analysis. The research report offers references of the research and development activities, mergers and acquisitions, and specifics on licensing and collaborations. The report probes into the strategies related to publicity, shares, and product range of the key participants in the global viral conjunctivitis market.

Global Viral Conjunctivitis Market: Key Trends

Conjunctivitis is a tremendously common ailment with a high occurrence rate. This disease can be cured on its own. Henceforth, the precise estimate of the epidemiology of this disease is quite a challenging task. Nevertheless, as per the statistics issued by the government authority in the U.S. about 5 million cases of viral conjunctivitis are testified every year owing to the growing number of viral infections. Furthermore, the treatment of viral conjunctivitis in the U.S. needs approximately US$ 589 million each year. It has further been observed that out of all the sources of conjunctivitis, viral conjunctivitis accounts for above 30% of the cases. Thus, increasing incidences of viral infection are expected to drive the growth of the viral conjunctivitis market. However, dearth of awareness about viral conjunctivitis among people is likely to negatively impact the growth of the viral conjunctivitis market.

Most of the cases of viral conjunctivitis are acute and self-limiting and also not a chief cause of serious health problems. However, due to its high frequency, the infection can have a large impact on the society as individuals tend to miss their school or work. Thus, antibiotic, pills, ointment or eye drops are given to treat the infection. Furthermore, if antibiotics are not showing proper response, then swabs for viral culture are inspected in the laboratories.

Global Viral Conjunctivitis Market: Companies Covered in the Report

Some of the key participants in the viral conjunctivitis market are Novartis, Pfizer Inc., Merck & Co., and Allergan Inc.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?