Eye Infection Treatment Market Size & Share Analysis - Growth, Trends, And Forecasts (2024 - 2029)

The Global Global Eye Infection Treatment Market Report is Segmented by Drug Class (Antibiotics, Antivirals, Antifungals, Antihistamines, Corticosteroids, and Glucocorticoids), Indication (Conjunctivitis, Keratitis, Endophthalmitis, Blepharitis, Stye or Sty (Hordeolum), Uveitis, Cellulitis, and Ocular Herpes), Dosage (Eye Drops, Tablet, Ophthalmic Ointment and Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Report Offers the Value (USD) for all the Above Segments.

Global Eye Infection Treatment Market Size

Global Eye Infection Treatment Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 7.86 Billion
Market Size (2029) USD 9.47 Billion
CAGR (2024 - 2029) 3.79 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Low

Major Players

Global Eye Infection Treatment Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Global Eye Infection Treatment Market with other markets in Healthcare Industry

Biotechnology

Pharmaceuticals

Healthcare IT

Medical Devices

Animal Health

Device Drug Combination

Global Eye Infection Treatment Market Analysis

The Global Eye Infection Treatment Market size is estimated at USD 7.86 billion in 2024, and is expected to reach USD 9.47 billion by 2029, growing at a CAGR of 3.79% during the forecast period (2024-2029).

Major factors such as the increasing incidence and prevalence of eye-related disorders, rising R&D pertaining to the development of novel drugs, and increasing research and development programs are expected to propel the growth of the eye infection treatment market during the forecast period.

The growing prevalence of diabetes mellitus is a significant driver for eye infections such as diabetic retinopathy and endophthalmitis, increasing the demand for effective treatments. For instance, according to a report published by the Investigative Ophthalmology and Visual Science Journal in December 2023, the increased prevalence of diabetes mellitus and diabetic retinopathy (DR) worldwide led to a significant increase in vision-related complications, with over 103 million individuals affected by DR; projections indicate a rise to 161 million by 2045. Technological advancements in screening methods, such as AI-based systems and improved treatments like intravitreal therapy, reduce DR progression and associated blindness in certain regions. These factors drive the demand for more effective treatment options, contributing to the expansion of the eye infection treatment market.

According to a report published by the American Journal of Emergency Medicine in September 2023, postoperative endophthalmitis accounted for 0.04–0.3% of cataract surgeries and 0.2% of glaucoma surgeries, with a 10% chance of poor visual outcomes. The increasing incidence of postoperative endophthalmitis following cataract and glaucoma surgeries, along with its associated risk of poor visual outcomes, is driving the demand for advanced eye infection treatments. Risk factors such as ocular trauma, surgeries, and conditions like diabetes increase the likelihood of infection. These factors have led to the increased demand for eye infection treatments, driving market expansion as healthcare providers address these risks.

Autoimmune disorders like dry eye syndrome and uveitis are contributing to chronic inflammation and heightened infection risks. The aging global population further exacerbates the issue, with older individuals being more susceptible to infections due to weakened immune systems and age-related eye conditions. These combined factors underscore the rising need for advanced eye infection treatments.

Advancements in novel technologies have significantly enhanced the treatment of eye infections and other ocular conditions. For instance, in July 2023, Tarsus Pharmaceuticals Inc. announced the approval of XDEMVY (lotilaner ophthalmic solution) 0.25% by the US Food and Drug Administration (FDA) for the treatment of Demodex blepharitis. XDEMVY, previously referred to as TP-03, was the first FDA-approved therapy specifically targeting Demodex mites, the underlying cause of Demodex blepharitis. Such advancements in novel therapies targeting specific causes of eye infections are driving the growth of the eye infection treatment market by addressing previously unmet clinical needs.

Public health campaigns and educational initiatives have increased awareness of eye health, motivating individuals to seek medical care sooner and avoid the risks of untreated infections. The development of novel therapeutic agents, such as topical antibiotics, antiviral drugs, and antifungal medications, has introduced more effective treatment options for various eye infections. Additionally, innovations in surgical techniques, including laser therapy and microincision cataract surgery, have minimized complications and improved overall patient outcomes.

The increasing prevalence of eye-related disorders, advancements in technology, and the development of novel therapeutic agents are driving the demand for more effective eye infection treatments, contributing to market growth.

However, the loss of patents and side effects of some eye infection treatments are restraining the growth of the eye infection treatment market.

Global Eye Infection Treatment Market Trends

The Fungal Keratitis Segment is Expected to Witness Significant Growth Over the Forecast Period

Fungal keratitis is an infection of the cornea (the clear dome covering the colored part of the eye) caused by a fungus. Some fungi known to cause fungal keratitis include the Fusarium species, Aspergillus species, and Candida species. This condition may cause eye pain, eye redness, blurred vision, sensitivity to light, excessive tearing, and eye discharge. Fungal keratitis is rare, but it can become serious if left untreated and result in vision loss or blindness. The most common way that someone gets fungal keratitis is after experiencing trauma to the eye. Risks for developing fungal keratitis include recent eye trauma, particularly involving plants (for example, thorns or sticks), underlying eye disease, weakened immune system, and contact lens use.

The rising global prevalence of fungal keratitis is positively influencing the overall market growth. For instance, according to a report published by the Tropical Medicine and Infectious Disease Journal in June 2024, fungal keratitis poses a significant health challenge due to delayed diagnosis, limited availability of effective antifungal treatments like natamycin, and the difficulty of managing cases in rural and remote areas. Geographic variations in prevalence, with up to 1.4 million new cases annually and higher incidence rates in tropical regions, emphasize the complexity of treatment and the need for improved diagnostic methods.

According to a report published by the Eye Journal in August 2022, there was a high prevalence of fungal keratitis, particularly in tropical regions like Asia and Africa, with over 1.05 million cases reported globally. Diagnostic advancements such as polymerase chain reaction (PCR) and potassium hydroxide (KOH) smears, alongside improved treatments like natamycin, are crucial for early intervention. These factors, including the demand for rapid and accurate diagnosis, fuel the development and adoption of new treatments for managing fungal keratitis. Thus, from the factors mentioned above, it is evident that the burden of fungal keratitis is increasing, augmenting the growth of the segment.

Rising product launches for the treatment of fungal keratitis are also propelling the growth of the segment. For instance, in October 2023, Harrow completed the transfer of the New Drug Application (NDA) for NATACYN (natamycin ophthalmic suspension) 5%, a sterile antifungal specifically used to treat fungal blepharitis, conjunctivitis, and keratitis caused by susceptible organisms. This product is indicated for treating Fusarium solani keratitis, a significant fungal infection affecting the eye.

In conclusion, the increasing prevalence of fungal keratitis, coupled with advancements in diagnostics and treatments and the rise in product launches, underscores the growing demand for effective solutions, driving market expansion.

Global Eye Infection Treatment Market: Estimated Research Funding for Eye Disease and Disorders of Vision (In USD Billion), United States, 2022-2024

North America is Expected to Hold a Significant Market Share Over the Forecast Period

North America is expected to occupy a significant share of the eye infection treatment market due to major factors such as the increasing prevalence of eye infections, rising R&D programs, and product launches.

For instance, according to a report published by the DovePress Journal in May 2024, the prevalence of viral conjunctivitis is significant, with approximately 6 million cases being recorded annually in the United States. A notable shift to increased allergic conjunctivitis cases has been observed, driven by prolonged exposure to indoor and outdoor allergens. This increased incidence of allergic conjunctivitis, alongside persistent viral cases, has propelled growth in the eye infection treatment market.

The increased use of contact lenses in the region has increased the risk of acquiring eye infections, driving market demand. For instance, according to a report published by the Lippincott Open Access Journal in October 2022, infection risk factors such as microbial keratitis linked to contact lens use are notable due to their potential for severe complications, including corneal scarring. About 1 million annual eye infections are recorded in the United States, with 25% attributed to contact lenses, a significant portion occurring due to poor compliance and lens care. With over 45 million people using contact lenses, the healthcare system faces considerable economic impact. These factors drive demand for enhanced treatment solutions and preventive measures, propelling market growth.

The increasing investment and growth strategies adopted by the key players are expected to propel the growth of the market during the forecast period. For instance, in May 2022, Kala Pharmaceuticals Inc. finalized an agreement to sell its commercial portfolio and associated intellectual property assets to Alcon Inc. This transaction included the FDA-approved EYSUVIS, used for short-term management of dry eye disease, and INVELTYS, a twice-daily corticosteroid for postoperative inflammation and pain relief.

In conclusion, the growing prevalence of eye infections, rising incidence of allergic conjunctivitis, and increased contact lens use, coupled with strategic investments and product launches, are driving market growth.

Global Eye Infection Treatment Market: Eye Infection Treatment Market: CAGR (%), By Region, Global, 2023

Global Eye Infection Treatment Industry Overview

The eye infection treatment market is competitive, and a few companies are currently dominating the eye infection treatment market. These companies include Novartis, Pfizer, Alvogen, Bausch Health Companies Inc., and Eyevance Pharmaceuticals LLC. The key players are involved in various strategic alliances, such as acquisitions and collaborations, and have launched advanced products to secure their position in the global market.

Global Eye Infection Treatment Market Leaders

  1. Novartis AG

  2. Pfizer Inc.

  3. Bausch Health Companies Inc.

  4. Merck & Co. Inc.

  5. Sanofi S.A.

*Disclaimer: Major Players sorted in no particular order

Global Eye Infection Treatment Market Concentration
Need More Details on Market Players and Competitors?
Download PDF

Global Eye Infection Treatment Market News

  • June 2024: Bausch + Lomb Corporation introduced Blink NutriTears in the US, a nutritional supplement designed for dry eye treatment. This product, featuring a proprietary blend of lutein, zeaxanthin, curcumin, and vitamin D, is clinically shown to enhance ocular symptom severity, improve tear film stability, and extend tear retention by 33%.
  • May 2024: HanAll Biopharma Co. Ltd launched the Phase III VELOS-4 trial to assess the efficacy and safety of tanfanercept, an innovative topical anti-inflammatory treatment for moderate to severe dry eye disease (DED).

Global Eye Infection Treatment Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Incidence and Prevalence of Eye-related Disorders

      2. 4.2.2 Rising R&D Pertaining to the Development of Novel Drugs

      3. 4.2.3 Increasing Research and Development Programs

    3. 4.3 Market Restraints

      1. 4.3.1 Loss of Patents and Side Effects of some Drugs

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (in USD)

    1. 5.1 By Drug Class

      1. 5.1.1 Antibiotics

      2. 5.1.2 Antivirals

      3. 5.1.3 Antifungals

      4. 5.1.4 Antihistamines

      5. 5.1.5 Corticosteroids

      6. 5.1.6 Glucocorticoid

    2. 5.2 By Indication

      1. 5.2.1 Conjunctivitis

      2. 5.2.2 Keratitis

      3. 5.2.3 Endophthalmitis

      4. 5.2.4 Blepharitis

      5. 5.2.5 Stye or Sty (Hordeolum)

      6. 5.2.6 Uveitis

      7. 5.2.7 Cellulitis

      8. 5.2.8 Ocular herpes

    3. 5.3 By Dosage

      1. 5.3.1 Eye Drops

      2. 5.3.2 Tablet

      3. 5.3.3 Ophthalmic Ointment

      4. 5.3.4 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 United Kingdom

        3. 5.4.2.3 France

        4. 5.4.2.4 Italy

        5. 5.4.2.5 Spain

        6. 5.4.2.6 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Australia

        5. 5.4.3.5 South Korea

        6. 5.4.3.6 Rest of Asia-Pacific

      4. 5.4.4 Middle East and Africa

        1. 5.4.4.1 GCC

        2. 5.4.4.2 South Africa

        3. 5.4.4.3 Rest of Middle East and Africa

      5. 5.4.5 South America

        1. 5.4.5.1 Brazil

        2. 5.4.5.2 Argentina

        3. 5.4.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Novartis AG

      2. 6.1.2 Pfizer Inc.

      3. 6.1.3 Bausch Health Companies Inc.

      4. 6.1.4 Gilead Biosciences Inc.

      5. 6.1.5 Leadiant Biosciences

      6. 6.1.6 Merck & Co. Inc.

      7. 6.1.7 Aurolab

      8. 6.1.8 Santen Holdings U.S. Inc.

      9. 6.1.9 Novo Holdings A/S (Xellia Pharmaceuticals)

      10. 6.1.10 Sanofi S.A.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Global Eye Infection Treatment Industry Segmentation

Eye infections occur when harmful microorganisms affect any part of the eyeball or surrounding area. This includes the clear front surface of the eye (cornea) and the thin, moist membrane lining the outer eye and inner eyelids (conjunctiva). Various methods are used to treat eye infections.

The eye infection treatment market is segmented by drug class, indication, dosage, and geography. The drug class segment is further divided into antibiotics, antivirals, antifungals, antihistamines, corticosteroids, and glucocorticoids. The indication segment is further divided into conjunctivitis, keratitis, endophthalmitis, blepharitis, stye or sty (hordeolum), uveitis, cellulitis, and ocular herpes. The dosage segment is further divided into eye drops, tablets, ophthalmic ointments, and others. The geography segment is further divided into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The report offers the value (USD) for all the above segments.

By Drug Class
Antibiotics
Antivirals
Antifungals
Antihistamines
Corticosteroids
Glucocorticoid
By Indication
Conjunctivitis
Keratitis
Endophthalmitis
Blepharitis
Stye or Sty (Hordeolum)
Uveitis
Cellulitis
Ocular herpes
By Dosage
Eye Drops
Tablet
Ophthalmic Ointment
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
Need A Different Region Or Segment?
Customize Now

Global Eye Infection Treatment Market Research FAQs

The Global Eye Infection Treatment Market size is expected to reach USD 7.86 billion in 2024 and grow at a CAGR of 3.79% to reach USD 9.47 billion by 2029.

In 2024, the Global Eye Infection Treatment Market size is expected to reach USD 7.86 billion.

Novartis AG, Pfizer Inc., Bausch Health Companies Inc., Merck & Co. Inc. and Sanofi S.A. are the major companies operating in the Global Eye Infection Treatment Market.

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Global Eye Infection Treatment Market.

In 2023, the Global Eye Infection Treatment Market size was estimated at USD 7.56 billion. The report covers the Global Eye Infection Treatment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Eye Infection Treatment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Global Eye Infection Treatment Industry Report

Statistics for the 2024 Global Eye Infection Treatment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Eye Infection Treatment analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

close-icon
80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

Eye Infection Treatment Market Size & Share Analysis - Growth, Trends, And Forecasts (2024 - 2029)