The Ocular Drug Delivery Global Market Report 2023, provides comprehensive information on the ocular drug delivery market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global ocular drug delivery market size is expected to grow from $16.27 billion in 2022 to $17.39 billion in 2023 at a compound annual growth rate (CAGR) of 6.86%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of ocular drug delivery market is expected to reach $22.99 billion in 2027 at a CAGR of 7.23%.
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Product innovation is a key trend gaining popularity in the ocular drug delivery market. Companies operating in the ocular drug delivery market are focused on developing new product innovations to sustain their position in the market. For instance, in March 2023, Alcon AG, a Swiss pharmaceutical and medical device firm focusing on eye care products, launched TOTAL30 for astigmatism and SYSTANE® HYDRATION for dry eye and ocular health. TOTAL30 is the debut and only Toric lens to combine water Gradient and Celligent Technology, allowing the lens that mimics the structure of the ocular surface and provides superior performance in areas like comfort, stability, and visual acuity. SYSTANE HYDRATION PF is an ocular health eye drop that uses HydroBoost technology to restore moisture, prevent irritation, and give relief from dry eye symptoms.
The ocular drug delivery market is segmented:
1) By Technology: Implantable Ocular Drug Delivery Systems, Particulate Drug Delivery Systems, Nano-Particle Drug Delivery System, Other Technologies
2) By Formulation: Liposomes And Nanoparticles, Solution, Emulsion, Suspension, Ointment
3) By Disease: Glaucoma, Diabetic Retinopathy, Dry Eye Syndrome, Macular Degeneration, Cataract, Diabetic Macular Edema, Other Diseases
4) By End User: Hospitals, Ophthalmic Clinics, Ambulatory Surgical Centers
North America was the largest region in the ocular drug delivery market in 2022.
The table of contents in TBRC’s ocular drug delivery market report includes:
1. Executive Summary
2. Ocular Drug Delivery Market Characteristics
3. Ocular Drug Delivery Market Trends And Strategies
4. Ocular Drug Delivery Market – Macro Economic Scenario
5. Ocular Drug Delivery Market Segmentation
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26. South America Ocular Drug Delivery Market
27. Brazil Ocular Drug Delivery Market
28. Middle East Ocular Drug Delivery Market
29. Africa Ocular Drug Delivery Market
30. Ocular Drug Delivery Market Competitive Landscape And Company Profiles
Top Major Players:
- Pfizer Inc
- Roche Holding AG
- AbbVie Inc
- Novartis AG
- Allergan Inc
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players
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