Global Eye Allergy Therapeutics Market Analysis

Aug 2019| VMR1223A| Verified Market Research

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Global Eye Allergy Therapeutics Market Analysis

According to Verified Market Research, Global Eye Allergy Therapeutics Market is projected to grow at a CAGR of 5 % from 2019 to 2026.

What is Eye Allergy Therapeutics?

An eye allergy affects the conjunctiva, can be referred to as allergic conjunctivitis. An allergic conjunctiva is a clear layer of the mucous membrane overlying the eyes. Seasonal allergic conjunctivitis (SAC) and perennial allergic conjunctivitis (PAC) are common types of eye allergies. Eye allergy can be treated by eye drops such as decongestant, antihistamine, mast cell stabilizer, corticosteroid, NSAID, immunotherapy, and no sedating oral antihistamines.

Global Eye Allergy Therapeutics Market Outlook

Eye is an integral part of the body; people are more conscious about vision care. Eye allergy symptoms can be very annoying. Many allergens that trigger eye allergies are airborne, hence increasing air pollution led by carbon emission and is increasing the prevalence of eye allergies. Eye allergy is mostly triggered by outdoor allergens, such as pollens from grass, trees and weeds, indoor allergens, such as pet dander, dust mites and mold and irritants, such as cigarette smoke, perfume, and diesel exhaust. Estimates say that at least 20% of the overall population suffers from some form of ocular allergy. It has been observed that the over the counter treatments have helped a lot. 

Also, increasing FDA approval for immunotherapy-based treatments may address growth. Lack of awareness in a rural area may hamper the growth of the market. Furthermore, although treatment modalities are focused on topical formulations including antihistamines and corticosteroids, there is a significant emphasis on immunotherapy as an alternative treatment modality.

Global Eye Allergy Therapeutics Market Competitive Landscape

The “Global Eye Allergy Therapeutics Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such Allergan Plc, Bausch Health Companies Inc., Novartis AG, Santen Pharmaceutical Co. Ltd., Allergy Therapeutics and all about vision. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

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