Global Ocular Inflammation Treatment Market to Grow at 6.9% CAGR through 2026

ALBANY, USA, 2018-Jun-05 — /EPR Network/ —The ocular inflammation treatment market is projected to reach a valuation of over US$ 1 billion by the end of 2026, according to a new study added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the report titled, “Ocular Inflammation Treatment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2026”, increase in the incidence rate of uveitis and eye inflammations is likely to fuel the growth of ocular inflammation treatment market during the assessment period.

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The demand for ocular inflammation treatment is likely to be driven by a range of macroeconomic and niche factors. Increase in geriatric population, combined with advancement in device effectiveness are the key factors that are likely to boost adoption among end-users. According to the report, eye inflammation are increasing at an alarming rate around the globe. Effective treatment involves therapeutic and surgical intervention, with the latter necessitating the use of ocular inflammation treatment. As countries, such as India and China revamp their healthcare apparatus and policies on care, demand for ocular inflammation treatment is likely to gain traction. The macro developments in healthcare apparatus are also likely to fuel the growth of the market during the assessment period.

In addition to government support for healthcare development, the ocular inflammation treatment market is also influenced by growing baby boomer population in key countries. The US, many EU countries have a high baby boomer, and spending by this segment on healthcare has witnessed an uptick in the last ten years. As ageing population is increasing at a steady rate, frequent eye ailments have necessitated the use of effective treatment.

The report offers detailed analysis on the basis of treatment type, disease type, mode of administration, distribution channel, and region. According to the study, topical mode of administration is likely to remain preferred by end-users, whereas oral mode of administration is likely to lose traction during the assessment period. Hospital pharmacies are likely to remain the leading distribution channel for ocular inflammation, and it is likely that the status quo will prevail during the assessment period.

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The report also includes a detailed competitive landscape that highlights the leading players in the ocular inflammation treatment market. Some of the players profiled in the report include These companies have been analyzed on the basis of business strategy, company sales, and mergers & acquisitions. Some of the leading companies in the market include Cipla Ltd., Valeant Pharmaceuticals International, Inc., Abbvie, Inc., Novartis AG, Alimera Sciences, Inc., pSivida Corporation, Eyegate Pharmaceuticals, Inc.Pfizer, Inc., and Akorn, Inc.

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