Market Overview:
The global antibiotic eye drops market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The growth in this market can be attributed to factors such as the increasing incidence of ocular infections, rising awareness about ocular health, and technological advancements in the field of antibiotic eye drops. Based on type, the global antibiotic eye drops market is segmented into penicillin, chloramphenicol, tetracycline and other antibiotics. Chloramphenicol is expected to witness high growth during the forecast period owing to its broad spectrum activity against various bacteria and viruses. Based on application, the global antibiotic eye drops market is segmented into adult and child applications. Adult applications are further sub-segmented into blepharitis treatment (inflammation of eyelids), conjunctivitis treatment (inflammation of conjunctiva), dry eyes treatment and others). Child applications are further sub-segmented into pink eye treatment (conjunctivitis) and others).
Product Definition:
An antibiotic eye drop is a type of medication that is used to treat infections in and around the eyes. These drops can help to clear up bacterial conjunctivitis, as well as other types of eye infections. They work by killing the bacteria that are causing the infection. Antibiotic eye drops are important because they can help to quickly clear up an infection and prevent it from spreading further.
Penicillin:
Penicillin is a type of antibiotic. It was discovered in 1928 and has been used as an antibiotic ever since its discovery. Penicillin is generally found in two forms: procaine penicillin and benzathine penicillin.
Chloramphenicol:
Chloramphenicol is a type of antibiotic used to treat bacterial infections in the eye. It works by killing the bacteria that causes infection.
Application Insights:
The application segment of the global antibiotic eye drops market is categorized into adult and child. The adult segment held the largest share in 2017 as a result of rising prevalence of chronic diseases, especially diabetes, and growing geriatric population across the globe. As per WHO, by 2050 there will be approximately 9.6 billion people above 60 years of age globally which is expected to drive demand for various medicines including antibiotics during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to maintain its position over the forecast period. This can be attributed to rising cases of infectious diseases, increasing population, and growing urbanization. In addition, high demand for low-cost generic drugs has contributed significantly to this regional market growth.
The Asia Pacific region is home to several emerging economies such as China and India that are among the largest markets for eye drops globally. These countries have a large number of patients suffering from antibiotic-resistant infections due to lack of hygiene coupled with high incidence rates of corneal blindness caused byacterial conjunctivitisand other microbial infections like sinusitis & rhinitis etc., which further leads into development of chronic conditions such as glaucoma or cataract leading ultimately into vision loss.
Growth Factors:
- Increasing incidence of eye infections: The increasing incidence of eye infections is one of the key growth drivers for the antibiotic eye drops market. Eye infections are caused by a variety of pathogens such as bacteria, viruses, and fungi. They can cause a range of symptoms such as redness, swelling, pain, discharge, and blurred vision. The increasing incidence of these infections is driving the demand for antibiotic eye drops to treat them.
- Growing awareness about ocular health: There is growing awareness among people about the importance of ocular health and the need to take preventive measures to protect their eyes from infection-causing pathogens. This is leading to an increase in demand for antibiotic eye drops products that can help protect against these infections.
- Rising prevalence of chronic diseases: The rising prevalence of chronic diseases such as diabetes and hypertension has led to an increase in casesof associated ocular complications such as diabetic retinopathy and glaucoma respectively These conditions are leading to an increased demand for effective treatment options including antibiotics eyedrops which can help manage these conditions effectively .
Scope Of The Report
Report Attributes
Report Details
Report Title
Antibiotic Eye Drops Market Research Report
By Type
Penicillin, Chloramphenicol, Tetracycline, Other
By Application
Adult, Child
By Companies
Novartis AG, Allergan, Inc., Meda Pharmaceuticals Inc, Bausch & Lomb Inc, Cigna, Similasan Corporation, Visine, Alcon, Viva Opti-Free, Bausch & Lomb, Novartis AG, Rite Aid, Walgreens, Staples, Clear eyes, Refresh, Shenyang Xingqi Pharmaceutical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Antibiotic Eye Drops Market Report Segments:
The global Antibiotic Eye Drops market is segmented on the basis of:
Types
Penicillin, Chloramphenicol, Tetracycline, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adult, Child
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Novartis AG
- Allergan, Inc.
- Meda Pharmaceuticals Inc
- Bausch & Lomb Inc
- Cigna
- Similasan Corporation
- Visine
- Alcon
- Viva Opti-Free
- Bausch & Lomb
- Novartis AG
- Rite Aid
- Walgreens
- Staples
- Clear eyes
- Refresh
- Shenyang Xingqi Pharmaceutical
Highlights of The Antibiotic Eye Drops Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Penicillin
- Chloramphenicol
- Tetracycline
- Other
- By Application:
- Adult
- Child
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Antibiotic Eye Drops Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Antibiotic eye drops are a type of medication that is used to treat bacterial or fungal infections in the eyes. These drops contain antibiotics and may be prescribed by a doctor to help relieve an infection.
Some of the key players operating in the antibiotic eye drops market are Novartis AG, Allergan, Inc., Meda Pharmaceuticals Inc, Bausch & Lomb Inc, Cigna, Similasan Corporation, Visine, Alcon, Viva Opti-Free, Bausch & Lomb, Novartis AG, Rite Aid, Walgreens, Staples, Clear eyes, Refresh, Shenyang Xingqi Pharmaceutical.
The antibiotic eye drops market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Antibiotic Eye Drops Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Antibiotic Eye Drops Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Antibiotic Eye Drops Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Antibiotic Eye Drops Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Antibiotic Eye Drops Market Size & Forecast, 2018-2028 4.5.1 Antibiotic Eye Drops Market Size and Y-o-Y Growth 4.5.2 Antibiotic Eye Drops Market Absolute $ Opportunity
Chapter 5 Global Antibiotic Eye Drops Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Antibiotic Eye Drops Market Size Forecast by Type
5.2.1 Penicillin
5.2.2 Chloramphenicol
5.2.3 Tetracycline
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Antibiotic Eye Drops Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Antibiotic Eye Drops Market Size Forecast by Applications
6.2.1 Adult
6.2.2 Child
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Antibiotic Eye Drops Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Antibiotic Eye Drops Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Antibiotic Eye Drops Analysis and Forecast
9.1 Introduction
9.2 North America Antibiotic Eye Drops Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Antibiotic Eye Drops Market Size Forecast by Type
9.6.1 Penicillin
9.6.2 Chloramphenicol
9.6.3 Tetracycline
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Antibiotic Eye Drops Market Size Forecast by Applications
9.10.1 Adult
9.10.2 Child
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Antibiotic Eye Drops Analysis and Forecast
10.1 Introduction
10.2 Europe Antibiotic Eye Drops Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Antibiotic Eye Drops Market Size Forecast by Type
10.6.1 Penicillin
10.6.2 Chloramphenicol
10.6.3 Tetracycline
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Antibiotic Eye Drops Market Size Forecast by Applications
10.10.1 Adult
10.10.2 Child
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Antibiotic Eye Drops Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Antibiotic Eye Drops Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Antibiotic Eye Drops Market Size Forecast by Type
11.6.1 Penicillin
11.6.2 Chloramphenicol
11.6.3 Tetracycline
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Antibiotic Eye Drops Market Size Forecast by Applications
11.10.1 Adult
11.10.2 Child
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Antibiotic Eye Drops Analysis and Forecast
12.1 Introduction
12.2 Latin America Antibiotic Eye Drops Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Antibiotic Eye Drops Market Size Forecast by Type
12.6.1 Penicillin
12.6.2 Chloramphenicol
12.6.3 Tetracycline
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Antibiotic Eye Drops Market Size Forecast by Applications
12.10.1 Adult
12.10.2 Child
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Antibiotic Eye Drops Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Antibiotic Eye Drops Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Antibiotic Eye Drops Market Size Forecast by Type
13.6.1 Penicillin
13.6.2 Chloramphenicol
13.6.3 Tetracycline
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Antibiotic Eye Drops Market Size Forecast by Applications
13.10.1 Adult
13.10.2 Child
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Antibiotic Eye Drops Market: Competitive Dashboard
14.2 Global Antibiotic Eye Drops Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Novartis AG
14.3.2 Allergan, Inc.
14.3.3 Meda Pharmaceuticals Inc
14.3.4 Bausch & Lomb Inc
14.3.5 Cigna
14.3.6 Similasan Corporation
14.3.7 Visine
14.3.8 Alcon
14.3.9 Viva Opti-Free
14.3.10 Bausch & Lomb
14.3.11 Novartis AG
14.3.12 Rite Aid
14.3.13 Walgreens
14.3.14 Staples
14.3.15 Clear eyes
14.3.16 Refresh
14.3.17 Shenyang Xingqi Pharmaceutical