Trachoma Treatment Market – By Drug Class (Macrolides, Tetracycline, Ophthalmic Anti-infective), Route of Administration (Oral, Topical), Age-group (Children, Adult), Distribution Channel (Hospital, Retail, & Online Pharmacy), Global Forecast (2024 – 2032)
Report ID: GMI9128
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Published Date: April 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2023
Companies covered: 12
Tables & Figures: 264
Countries covered: 22
Pages: 150
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Trachoma Treatment Market Size
Trachoma Treatment Market size was valued at USD 532.4 million in 2023 and is anticipated to grow at a CAGR of 5.9% between 2024 and 2032. Continuous efforts of various organizations and governments to eliminate trachoma as a public health problem have significantly boosted the demand for treatment options.
For instance, in September 2023, the Pan American Health Organization (PAHO) and the Government of Canada launched an initiative to eliminate trachoma in Latin America, with a focus on strengthening surveillance and expanding technical cooperation in ten Latin American and Caribbean countries. Similarly, The Carter Center's Trachoma Control Program works with ministries of health in four African countries to eliminate blinding trachoma. Such initiatives to create disease awareness and increase screening are anticipated to drive the demand for effective treatments, thereby fostering market growth.
Trachoma is a bacterial infection that affects the eyes and is the leading infectious cause of blindness worldwide. The primary treatment for trachoma is antibiotics. Trachoma treatment includes various medical interventions and strategies employed to manage and eliminate trachoma. The primary goal of treatment is to halt the progression of the disease, prevent blindness, and reduce transmission within communities.
Trachoma Treatment Market Trends
Trachoma Treatment Market Analysis
Based on drug class, the market is segmented into macrolides, tetracycline, ophthalmic anti-infective, and sulfonamides. The macrolides segment dominated the market is 2023 and accounted for USD 240.2 million.
Based on route of administration, the trachoma treatment market is segmented into oral and topical. The oral segment dominated the market with 62% of market share in 2023.
Based on age-group, the trachoma treatment market is categorized into children, adults, and geriatric. The children segment dominated the market and is predicted to grow at CAGR of 6% over the forecast period.
Based on distribution channel, the trachoma treatment market is segmented into hospital pharmacy, retail pharmacy, and online pharmacy. The hospital pharmacy segment held highest market share in 2023 and is anticipated to reach USD 475.9 million by 2032.
North America trachoma treatment market is anticipated to grow at a CAGR of 5.7% over the forecast years to reach USD 352.6 million by 2032.
U.S. trachoma treatment market was valued at USD 196.6 million in 2023.
UK has emerged as a key player in the global market for trachoma treatment, showcasing high growth potential.
China trachoma treatment market is anticipated to witness lucrative growth between 2024 – 2032.
Trachoma Treatment Market Share
The trachoma treatment industry is characterized by the presence of leading pharmaceutical companies. The key market players include F-Hoffman La Roche Ltd., Novartis AG, and Eli Lilly and Company which are focused on developing improved treatments, such as longer-acting formulations and innovative therapies. Market players compete on factors like efficacy, safety, patient convenience, and cost-effectiveness.
Trachoma Treatment Market Companies
Prominent players operating in the trachoma treatment industry include:
Trachoma Treatment Industry News:
The trachoma treatment market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 - 2032 for the following segments:
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Market, By Drug Class
Market, By Route of Administration
Market, By Age-group
Market, By Distribution Channel
The above information is provided for the following regions and countries: