Neonatal
Conjunctivitis Therapeutics Market Size, Growth, Trends, Analysis and Forecast
- 2031
The
global neonatal conjunctivitis therapeutics market is anticipated to grow at a
significant CAGR during the forecast period (2024-2031). Conjunctivitis is a
kind of eye condition, which is commonly known as pink eye since the
inflammation due to the infection makes the white part of the eye look
red/pink. Neonatal conjunctivitis is also known as ophthalmia neonatorum.
Neonatal conjunctivitis occurs in infants within the first 28 days of birth. In
the first place, the disease gets acquired during the passage of the neonate
through the infected birth canal. Some of the common microorganisms that cause
the infection include Chlamydia trachomatis, Staphylococcus aureus,
Staphylococcus epidermis, Escherichia coli, Neisseria gonorrhoea, other
gram-negative bacteria and Herpes Simplex Virus.
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Another
factor contributing to the market growth includes the increasing awareness
among the global population that surge the demand for treatment of neonatal
conjunctivitis. As a result, several biopharmaceutical companies have planned
to invest in R&D initiatives to novel drugs and therapies for the treatment
of this disorder. For instance, in July 2020, Zhaoke Ophthalmology
Pharmaceutical Ltd. and IACTA Pharmaceuticals signed an agreement to accelerate
the development of drugs called IC 265 and IC 270. The former is developed to
treat dry eye and the latter for ocular allergy.
Some
key players operating in the market include Merck & Co. Inc., Akorn Inc,
Pfizer Inc., Bayer AG, among others. These players are aiming at strengthening
their position in the market by adopting various strategies as mergers and
acquisitions, partnerships, collaborations, new product launch and development
in the existing product portfolio, and so on.
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Market
Coverage
Competitive
Landscape: Merck & Co. Inc., Akorn Inc, Pfizer Inc., Bayer AG, among
others.
Key
questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global
Neonatal Conjunctivitis Therapeutics Market by Segment
By
Treatment Administration
•
Oral
•
Topical
•
Intramuscular and Intravenous
By
Distribution Channel
•
Hospital Pharmaciess
•
Retail Pharmacies
•
Drug Stores
•
E-Commerce
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