Ophthalmic Suspension Market Share

Ophthalmic Suspension Market Overview

The Ophthalmic Suspension Market is projected to reach USD 5,172.3 Million by 2030 at 8.3% CAGR during the forecast period 2022-2030. The interruption in the form of applied to treat eye infections and related symptoms is commonly termed ophthalmic suspension. Commonly it is used in a combination of two such as antibiotics and a corticosteroid for more advanced treatment. Several bacterial eye infections such as conjunctivitis are treated by the ophthalmic suspension. The growing generality of eye diseases across the world is one of the main elements contributing to the rise of the ophthalmic suspension market. However, the rising geriatric population which is the most common eye disorder, and the increasing number of bacterial infection cases in children will also drive the growth of the market. However, according to the world health organization (WHO), GLAUCOMA is the second main cause of blindness around the globe which will rise the ophthalmic suspension market growth. On the other side, the side effects of ophthalmic suspension may degrade the market growth during the anticipated period.

FIGURE 1 Ophthalmic Suspension Market, by Application, 2016 (%) 

Source: World Health Organization, Centers for Disease Control and Prevention, European Society of Clinical Microbiology and Infectious Diseases, U.S. National Library of Medicine, National Organization for Rare Disorders, The American Autoimmune Related Diseases Association, The International Society for Human and Animal Mycology, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation Segments            The ophthalmic suspension market is segmented on the basis of type of content, which is segmented into antibiotic, antifungal, antibacterial, steroids, NSAIDs (non-steroidal anti-inflammatory drugs) and others.

On the basis of applications, it is segmented into bacterial infections, retinal disorders, glaucoma, allergies, diabetic eye disease, and others. Bacterial infection is further conjunctivitis, scleritis, and others. Retinal disorder is further segmented into macular degeneration, branch retinal vein occlusion, central retinal vein occlusion, congenital x-linked retinoschisis, and others.   

On the basis of end user, the Ophthalmic Suspension Market is segmented into hospitals, eye clinics, pharmacies, and others.  Key Players in the Ophthalmic Suspension Market                      Some of the key players in this market are Novartis AG (Alcon), ALLERGAN, Pfizer Inc., Merck & Co., Inc., Bausch & Lomb Incorporated, Falcon Group, Valeant,  Bayer AG, and Genentech, Inc.

Research Methodology 

Source: World Health Organization, Centers for Disease Control and Prevention, European Society of Clinical Microbiology and Infectious Diseases, U.S. National Library of Medicine, National Organization for Rare Disorders, The American Autoimmune Related Diseases Association, The International Society for Human and Animal Mycology, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation

Regional Analysis of the Ophthalmic Suspension Market          The American region accounted for the largest share of the ophthalmic suspension market due to increasing prevalence of eye related diseases and increasing demand for new ophthalmic suspension for its treatment. Moreover, increasing geriatric population is another major factor responsible for the market growth in American countries.

Europe is the second largest ophthalmic suspension market across the globe owing to increasing awareness regarding eye related diseases, growing technological advancements in healthcare domain and increasing investment in healthcare domain by government.

In Asia Pacific, increasing government support for research & development in healthcare domain, growing number of ophthalmic clinics, and increasing prevalence of eye related diseases drives the growth of the market in this region.

The Middle East & Africa is expected to show a least market share due to less availability of medical facilities, and less development in healthcare domain.

The report on the ophthalmic suspension market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight to the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.Recent Development

According to the world health organization (WHO), the ophthalmic suspension market around the globe is projected to grow at a compound annual growth rate of 6.80% during the anticipated period of 2017 to 2024. The market for ophthalmic suspension is categorized or classified on the basis of type of content, which is further segmented into antibiotics, antifungal, antibacterial, steroids, and others. Based on applications the market has been again divided into bacterial infections, retinal disorders, allergies, glaucoma, diabetic eye disease, and others. On the other hand on the basis of the end-user, the ophthalmic suspension market is further divided into hospitals, eye clinics, pharmacies, and others. The American region accounted for the widest share of the ophthalmic suspension market due to the rising generality of eye-related diseases and the increasing ultimatum for new ophthalmic suspension for its treatment. However, increasing population is another primary factor for the market growth.Intended Audience

• Ophthalmic Suspension Manufacturers


• Ophthalmic Suspension Suppliers


• Research and Development (R&D) Companies


• Market Research and Consulting Service Providers


• Potential Investors