Viral Conjunctivitis Pipeline Drugs Market: Industry Analysis and forecast 2027: By drugs, Distribution Channel and Region
Viral Conjunctivitis Pipeline Drugs Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2027, at CAGR of XX% during forecast period of 2019 to 2027.
Viral Conjunctivitis Pipeline Drugs Market Drivers and Restrains:
Viral Conjunctivitis is known as pinkeye. It is a highly contagious acute conjunctiva infection usually caused by adenovirus. Several viruses that can cause conjunctival infection depend on herpes simplex virus (HSV), varicella-zoster virus (VZV), picornavirus (enterovirus 70, Coxsackie A24), poxvirus (molluscumcontagiosum, vaccinia). Some of the symptoms of viral conjunctivitis contain light sensitivity, tearing, itchy eyes and redness. The transmission may also occur through accidental inoculation of viral particles from patient’s hands, contaminated swimming pools as well as by contact from droplets of infected upper respiratory tracks.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
The viral conjunctivitis pipeline drugs market driven by the factors are accessibility of diagnostic test, rising awareness, increasing healthcare expenditure, and increased R&D activities. Viral conjunctivitis is one of the major causes of infectious consequently increasing the demand of the viral conjunctivitis pipeline drugs. Various countries like U.S., Germany, Australia, Brazil and Japan has greater occurrence rate of viral conjunctivitis. Viral conjunctivitis therapeutics is undergoing a transitional phase. Now, there is no drug existing for the treatment of viral conjunctivitis.
High cost, appropriate diagnosis, and less awareness regarding advance technologies are major restraining factors of the market growth at global. Investment in rigorous R&D activities and strengthen commercialization activities are provided to lucrative opportunity for the key companies of the viral conjunctivitis pipeline drug market.
Viral Conjunctivitis Pipeline Drugs Market Segmentation Analysis:
Based on the drug, the viral conjunctivitis pipeline drugs has been segmented into APD-209 and FST-100. FST-100 segment held the dominant share of the viral conjunctivitis pipeline drugs market during the forecast period. The development of this drug was being developed by Foresight Biotherapeutics Inc. originated the development of treatment and therapies in ophthalmology and otolaryngology such as the FST-100. Approved drugs are considered as one of the premium medication for the treatment of bacterial and viral eye infection. This is likely to offer potential growth opportunities in the upcoming period. Furthermore, APD-209 segment is expected to grow at the largest CAGR of XX% during the forecast period follows by FST-100. Adenovir Pharma AB is the company to develop APD-209 and is undergoing phase II clinical trial.
Viral Conjunctivitis Pipeline Drugs Market Regional Analysis:
Geographically, the viral conjunctivitis pipeline drugs market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the largest share of the viral conjunctivitis pipeline drugs market in 2018 due to the rising contribution from the U.S. The rising R&D activities and the increasing focus on novelties are some of the key factors that are estimated to encourage the North America market growth during the forecast period. The market in Europe is expected to expand at a high CAGR of XX% during the forecast period followed by Asia Pacific. The rising awareness between people associated with the eye-disorders is considered as one of the vital factors anticipated to boost the growth of the Europe market in the near future.
Viral Conjunctivitis Pipeline Drugs Market Competitive landscape
Major Key players operating in this market are Daiichi Sankyo Company, GlaxoSmithKline plc, Natco Pharma, F. Hoffmann-La Roche Ltd., Teva Pharmaceutical Industries Ltd. Manufacturers in the viral conjunctivitis pipeline drugs are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological innovations are also the key focus areas of the manufacturers.
The objective of the report is to present comprehensive analysis of viral conjunctivitis pipeline drugs market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding viral conjunctivitis pipeline drugs market dynamics, structure by analyzing the market segments, and project the viral conjunctivitis pipeline drugs market size. Clear representation of competitive analysis of key players by product type, price, financial position, product portfolio, growth strategies, and regional presence in the viral conjunctivitis pipeline drugs market make the report investor’s guide.
Scope of the Viral Conjunctivitis Pipeline Drugs Market:
Viral Conjunctivitis Pipeline Drugs Market, by Drugs:
Viral Conjunctivitis Pipeline Drugs Market, by Distribution Channel:
• Hospital Pharmacies
• Retail pharmacies
• Online pharmacies
Viral Conjunctivitis Pipeline Drugs Market, by Region:
• Asia Pacific
• North America
• Latin America
• Middle East Africa
Viral Conjunctivitis Pipeline Drugs Market, Major Players:
• Adenovir Pharma AB
• Allergan plc
• NanoViricides, Inc.
• Shire plc
• NovaBay Pharmaceuticals, Inc.
• Novartis AG
• Panoptes Pharma GES.M.B.H.
• NicOx S.A.
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