Uveitis Treatment Market

Uveitis Treatment Market Size (2023 to 2028)

The size of the global uveitis treatment market is predicted to reach USD 801.08 Million USD by 2028, to grow at a CAGR of 5.4% from 2023 to 2028.

Uveitis is a group of diseases that cause eye pain, redness, and inflammation affecting the eye's middle layer. This uvea can also lead to permanent blindness if left untreated. It is a common eye disorder in people with an autoimmune disease and causes Ankylosing spondylitis which results in an inflamed spine and other parts. Therefore, early diagnosis and treatment are essential to prevent diseases and preserve vision.

Impact of COVID-19 on the uveitis treatment market:

The COVID-19 pandemic had a negative impact on the uveitis treatment market since uveitis is a significant symptom of various inflammatory systemic diseases. Uveitis patients may therefore be thought of as having a high risk of developing a severe COVID-19 condition due to the use of high-dose corticosteroids and immunomodulatory treatments, which raises concerns about an increased vulnerability to COVID-19 infection.

MARKET DRIVERS:

The major drivers for the growth of the uveitis treatment market include the increasing prevalence of uveitis and other infectious eye disorders.

In addition, growing demand for generic drugs since the population with uveitis prefers drugs over surgeries, the increasing prevalence of tuberculosis associated with intermediate uveitis, the introduction of several modified methods of corticosteroid therapy over corticosteroid monotherapy, the increase in the number of clinical trials for treatments for ocular inflammation of refractory intermediate and posterior uveitis around the world help in driving the growth of the market.

Growing spending on R&D to augment the uveitis treatment market growth.

Growth in the number of product launches, many biologic drug development projects with the increasing prevalence of uveitis, a boom in optometric clinical practice, investment in new and improved product launches, and a large variety of opportunities for new pharmaceutical players. Due to growing demand for local steroid implants for non-infectious posterior uveitis, a collaboration of significant players to add new drugs to the product portfolio and the enhancement of uveitis treatment through a rise in licensing approvals for new market entrants are ultimately anticipated to create new lucrative opportunities.

In addition to this, there has been growing awareness for proper treatment and increased investment in healthcare due to growing complications associated with uveitis, further leading to the encouragement of the adoption of advanced therapies, especially for those patients who are more susceptible to uveitis due to cataract, diabetes, glaucoma, eye damage, and band keratopathy. Moreover, the powerful emergence of immunosuppressive therapies to treat uveitis due to an increase in autoimmune diseases is expected to create new opportunities for significant players shortly, leading to the market's growth.

MARKET RESTRAINTS:

Some of the major restraints for the growth of the uveitis treatment market include the difficult process of sterile formulations, the presence of alternative surgical procedures for the treatment, undiscovered pathophysiology of uveitis, the lack of qualified specialists, high costs of treatments, and adverse side-effects of thinning of the skin and osteoporosis by long-term use of anti-inflammatories like corticosteroids would hamper the growth of the market. Additionally, businesses often adhere to GMPs and legal requirements when producing their goods because more labor-intensive procedures would hinder market expansion.

REPORT COVERAGE:

This research report on the global uveitis treatment market has been segmented and sub-segmented based on the categories.

Uveitis Treatment Market – By Type:

• Anterior Uveitis

• Posterior Uveitis

• Intermediate Uveitis

• Panuveitis 

Based on type, the intermediate uveitis (IU) segment is expected to dominate the market owing to the increased prevalence of tuberculosis in intermediate uveitis. It is a chronic relapsing disease that integrates hyalitis, pars planitis, and posterior cyclitis and aids vital ocular tissue in preventing permanent structural damage. It mainly occurs due to various infectious diseases like Lyme, tuberculosis, syphilis, leprosy, toxocariasis, and Whipple's disease, which are most prevalent presently, driving the market growth.

On the other hand, the anterior uveitis segment is also anticipated to showcase a healthy CAGR during the forecast period owing to the high prevalence of this disease in the population, affecting all ages. Symptoms of redness, pain, and photophobia usually develop quickly, which has to be resolved with anti-inflammatory treatment since its higher risk might lead to permanent vision loss.

Uveitis Treatment Market – By Treatment:

• Corticosteroids

• Cycloplegic Agents

• Anti-TNF Agents

• Immunosuppressants

• Monoclonal Antibodies

• Antivirals

• Antibiotics

Based on the treatment, the corticosteroids segment led the market in 2022. The treatment through corticosteroids is anticipated to hold the largest share of the market since they help reduce inflammation. Steroids interfere with the immune system's regular operations so that it no longer secret substances that lead to inflammation. When uveitis affects the front of the eye, steroid eye drops are typically the first line of treatment. The Food and Drug Administration has approved several varieties of corticosteroid eye drops.

The monoclonal antibodies segment is also estimated to hold a substantial share of the global market during the forecast period since they may become the latest anchor for treating uveitis, directed against tumor necrosis factor-alpha and TNF-alpha, for mainly treating refractory Bechet's disease. Etanercept, efalizumab, infliximab, alefacept, daclizumab, and interferon are commonly used biologics.

Uveitis Treatment Market – By Distribution Channel:

• Online Pharmacies

• Hospital Pharmacies

• Retail Pharmacies

Based on the distribution channel, the hospital pharmacies segment is anticipated to lead the market since they manage the use of medicines, ocular inflammation, and treatment and care for many patients. They help procure, select, dispense, prescribe, administer, and review medications to optimize patient outcomes.

The Online pharmacies segment is expected to witness a significant CAGR over the forecast period owing to the growing popularity of e-commerce distribution, the convenience of choosing from a wide range of drugs, discounted prices, and detailed information on every drug.

Uveitis Treatment Market – By Region:

• North America

• Europe

• Asia-Pacific

• Latin America

• Middle East and Africa

North American region dominated the market in 2021. North America is also expected to dominate the regional market for actively conducting clinical trials for uveitis owing to rising infectious disease cases, leading to several investigations for these viral diseases. In addition, Healthcare infrastructure growing at a good pace in the country of the United States is expected to lay the foundation for uveitis treatment by becoming the most significant market.

Europe is estimated to generate significant revenue mainly due to the rising incidence of infectious diseases, growth in R&D initiatives, and increased healthcare spending. In addition, the UK and France are advantageously conducting many clinical trials for efficiency. Another important factor driving the market growth in Europe could be raising awareness of various treatment alternatives along with the increasing aging of the population support.

The market in the Asia-Pacific region is anticipated to show the highest growth and dominate the market over the forecast period owing to the tremendous increase in the geriatric population in countries like India, Singapore, South Korea, and China, expansion of healthcare institutions due to the existence of generic manufacturers, and a more significant proportion of people suffering from uveitis leading to gaining momentum for conduction of clinical trials to treat uveitis.

The increasing population aging makes Japan lead the uveitis treatment market in the APAC region. Also, increasing the target population and more policies to attract foreign investors by reducing tariffs and trade tariffs are key factors expected to drive the market revenue growth over the forecast period.

The market for uveitis treatment in Latin America, the Middle East, and African regions are expected to show gradual growth over the forecast period due to a rise in the majority of anterior and intermediate uveitis cases, Bechet's disease and idiopathic forms being the most common, varying prevalence of infectious diseases like tuberculosis and toxoplasmosis, and anterior uveitis being the most commonly seen anatomical form in the fourth decade of life with the aging population.

KEY MARKET PARTICIPANTS:

A few of the prominent companies operating in the global uveitis treatment market are AbbVie Inc, Alimera Sciences, Inc, Allergan Plc, Amgen Inc, Bausch Health Companies Inc. (Bausch & Lomb Incorporated), Clearside Biomedical, Inc, EyePoint Pharmaceuticals, Inc, Mylan N.V, Novartis AG, and Santen Pharmaceutical Co., Ltd.

RECENT HAPPENINGS IN THIS MARKET:

• In October 2022, a global biopharmaceutical company, Oculis, SA, and European Biotech Acquisition Corp (EBAC), signed an agreement to accelerate the development of Oculis' ophthalmology portfolio, which could advance the pipeline of product candidates for patients and physicians.

• In August 2022, Alimera Sciences, Inc., a global pharmaceutical company, obtained reimbursement for ILUVIEN, an intravitreal implant for non-infectious posterior uveitis, which the National Authority granted for Medicines and Health Products (INFORMED).