Ophthalmic Suspension Market Rapid Growth with Rising Application Scope by 2025 | Top Players- Bausch Health Companies Inc. (Canada), Bayer AG (Germany), Genentech, Inc. (US), Falcon Group (India)
Ophthalmic Suspension Market 2019 Global Industry report provides the latest market statistics, industry growth, size, share, trends, as well as driving factors. The Ophthalmic Suspension report further covers the extensive analysis of the upcoming progress of the Ophthalmic Suspension Market. The detailed overview of the market segments, product description, Ophthalmic Suspension applications is presented in this report.
Global Ophthalmic Suspension Market accounted to significant growth at a CAGR of 6.8% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
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Global Ophthalmic Suspension Market By Type of Content (Antibiotic, Antifungal, Antibacterial, Steroids, Non-Steroidal Anti-Inflammatory Drugs), Treatment (Bacterial Infections, Retinal Disorders, Glaucoma, Allergies, Diabetic Eye Disease), End User (Hospitals, Eye Clinics, Clinics), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Complete report on Global Ophthalmic Suspension Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Ophthalmic Suspension Market
A suspension that is used to treat the eye related conditions including infections, allergies and wet (Age-related Macular Degeneration) AMD etc. is termed as ophthalmic suspension. Generally, it is available in the combination of antibiotics and corticosteroids, to give effective and better treatment results.
Increasing rates of eye diseases is boosting the market. According to World Health Organization (WHO), 1.3 billion people are affecting with some form of vision impairment, approximately 80% of all vision impairment globally is considered avoidable with the availability of proper medical treatment. This significant number is expected to act as a driver to the market growth.
Key Questions Answered in Global Ophthalmic Suspension Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Ophthalmic Suspension Market in 2026?
- What are the key factors driving, Analysis by Applications and Countries Global Ophthalmic Suspension Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Ophthalmic Suspension Market?
- Who are Opportunities, Risk and Driving Force of Global Ophthalmic Suspension Market?
- Who are the opportunities and threats faced by the vendors in Global Ophthalmic Suspension Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Ophthalmic Suspension Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Novartis AG (Switzerland),
- ALLERGAN (Ireland)plc,
- Pfizer Inc. (US),
- Merck Co. & Inc. (US),
- Bausch Health Companies Inc. (Canada),
- Bayer AG (Germany),
- Genentech, Inc. (US),
- Falcon Group (India),
- Cirondrugs (India),
- Dolvis Bio Pharma Private Limited (India),
- Parenteral Drug Association,
- Jubilant Life Sciences Ltd. (India),
- ENTOD INTERNATIONAL (India),
- Akums (India),
- UBM (UK),
- FDC (India)
- Dev Life Corporation (India)
- among others.
Market Drivers:
- Rise in prevalence rate of eye diseases is one of the major factors contributing to the growth of this market.
- Increasing geriatric population and growing number of bacterial infections cases in children will also be responsible for the growth of the market.
Market Restraints:
- Adverse effects in ophthalmic suspension hamper the market.
- Loss of patent of blockbuster drugs will provide opportunities to penetrate in the market.
Key Developments in the Market:
- In August 2018, Sun Pharmaceutical Industries Ltd. announced that it has received approval for CEQUA (cyclosporine ophthalmic solution) 0.09%, from the U.S. Food and Drug Administration (FDA) to launching of new drug in market will attract potential customers.
- On 15th April, 2019, the global leader in ophthalmology, Novartis came up with the innovation by changing the dosage form, has announced FDA filing acceptance and priority review of Brolucizumab (RTH258) for patients with wet AMD. Soon, it will launch in the market and capture the market shares of global ophthalmic suspension market.
- In March 2019, Rocklatan, a combination drug of Latanoprost and Netarsudil launched in the market for the indication of open-angle glaucoma or ocular hypertension. It can be proved as a blockbuster drug and increase the competition in the market.
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Market Segmentations:
Global Ophthalmic Suspension Market is segmented on the basis of
- Type of Content
- Treatment Type
- End-User
- Geography
Market Segmentations in Details:
By Type of Content
- Antibiotic
- Antifungal
- Antibacterial
- Steroids
- Non-Steroidal Anti-Inflammatory Drugs (NSAIDs)
By Treatment Type
- Bacterial Infections
- Conjunctivitis
- Scleritis
- Retinal disorder
- Macular Degeneration
- Branch Retinal Vein Occlusion
- Central Retinal Vein Occlusion
- Congenital X-Linked Retinoschisis
- Glaucoma
- Allergies
- Diabetic Eye Disease
By End-User
- Hospitals
- Eye Clinics
By Geography
North America
- S.
- Canada,
- Mexico
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
Asia-Pacific
- Japan
- China
- South Korea
- India
- Australia
- Singapore
- Thailand
- Malaysia
- Indonesia
- Philippines
- Rest of Asia Pacific
South America
- Brazil
- Rest of South America
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Analysis: Global Ophthalmic Suspension Market
The global ophthalmic suspension market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global ophthalmic suspension market for Europe, North America, Asia-Pacific, South America, Middle East & Africa and rest of the world.
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