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Global Optic Neuritis Market Size, Trends, and Growth Opportunity, By Type (Oral Corticosteroids, Intravenous Corticosteroids), Applications (Paediatric Use, Geriatric Use), End-User (Hospitals, Research Institutes, Specialty Clinics),  Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacies, and Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa ) and Forecast till 2030.


Report ID : IR1001978 | Industries : Healthcare | Published On :June 2024 | Page Count : 234

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  • Global Optic Neuritis Market Size, Trends, and Growth Opportunity, By Type (Oral Corticosteroids, Intravenous Corticosteroids), Applications (Paediatric Use, Geriatric Use), End-User (Hospitals, Research Institutes, Specialty Clinics),  Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacies, and Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa ) and Forecast till 2030.
    Global Optic Neuritis Market 
    The Global Optic Neuritis Market was valued at USD 205.9  million in 2022 and is expected to expand to USD 304.8 million in 2030 at a CAGR of 5.02 % during the forecast period 2023- 2030.
    Optic neuritis is a type of nerve injury caused by a high blood sugar level in the body. The symptoms can begin with pain and numbness in the legs and feet and progress to the urinary system, blood vessels, and heart. It is a form of diabetes complication that can affect diabetics. Optic neuritis is a serious and prevalent long-term complication of type 1 and type 2 diabetes.
    Market Drivers
     The growing demand for therapy segments like steroidal therapy, vitamin supplementation therapy, and Immunomodulators therapy act as major factors in growing the optic neuritis market. 
    The changing lifestyle propelled market growth in the forecast period. Additionally, the increased consumption of cigarette smoking increases the incidence of optic neuritis disease boosts the growth optic neuritis market.
    Market Restraints
    The high cost associated with the treatment hinders the growth of the optic neuritis market.
    Furthermore, the strict government regulatory policies on optic neuritis restrain the market growth.
    COVID-19 Impact on Optic Neuritis Market 
    The outbreak of covid-19 shows a positive significant impact on the market the as the covid-19 infection increases the incidences of optical neuritis. The cancellation of ophthalmology services because of lockdown restrictions impacted the market to some extent.
    Impact of Russia Ukraine War on the Market
    The conflict between Russia and Ukraine can have both direct and indirect impacts on the optic neuritis market:
    Disruptions in the supply chain: Many optic neuritis manufacturers source components from Russia and Ukraine. The war may cause supply chain disruptions and delays, affecting non-steroidal anti-inflammatory drug production and delivery.
    Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as the demand for optic neuritis in the region.
    Market Segmentation 
    The Global Optic Neuritis Market is segmented on the basis of Type, Application, Distribution Channel, End-User, and Region. Based on Type, it is segmented into Oral Corticosteroids, Intravenous Corticosteroids. Based on the Application, it is segmented into Paediatric Use, Geriatric Use. On the basis of End-User, it is segmented into Hospitals, Research Institutes, and Specialty Clinics. Based on the Distribution Channel, it is segmented into Hospital Pharmacy, Retail Pharmacy, Online Pharmacies, and Others. On the basis of Region, it is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 
    Regional Analysis
    North America is likely to dominate the market over the forecast period due to the presence of more key manufacturers of the product and growing research and development activities in this region.
    Asia-Pacific is also anticipated to witness substantial growth due to growing technological advancement in this region.
    Key Players 
    Various key players are listed in this report such as Aerie Pharmaceuticals Inc, Bausch Health Companies Inc, Merck & Co Inc, Pfizer Inc, Teva Pharmaceutical Industries Ltd, EyePoint Pharmaceuticals Inc, Amorphex Therapeutics Holdings Inc, Kubota Vision Inc, Alcon Vision LLC Ellex Medical, Lumenis Be Ltd, Acorn Biomedical Inc, Astellas Pharma Inc, Glenmark Pharmaceuticals Ltd, Bayer AG, and Novartis AG.
    Market Taxonomy
    By Type
    • Oral Corticosteroids
    • Intravenous Corticosteroids 
    By Application
    • Pediatric Use
    • Geriatric Use
    By End-User 
    • Hospitals
    • Research Institutes
    • Specialty Clinics 

    By Distribution Channel 
    • Hospital Pharmacy
    • Retail Pharmacy
    • online Pharmacies 
    • Others 
    By Region 
    • North America
    • Europe
    • Asia Pacific   
    • Latin America
    • Middle East and Africa
       Key Question Addressed by the Report
    • What are the Key Opportunities in Global Optic Neuritis Market?
    • What will be the growth rate from 2023 to 2030?
    • Which segment/region will have the highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the role of key players in the value chain?
               


     

    Global Optic Neuritis Market  
    1 Introduction 
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Optic Neuritis Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing economic downturn 
    4.2.6 Post covid-19 world Supply& Demand conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Optic Neuritis Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type
    5.2 Global Optic Neuritis Market Share Analysis, By Type
    5.3 Global Optic Neuritis Market Size and Forecast, By Type
    5.3.1 Oral Corticosteroids
    5.3.2 Intravenous Corticosteroids 
    6 Global Optic Neuritis Market, By Applications
    6.1 Y-o-Y Growth Comparison, By Applications
    6.2 Global Optic Neuritis Market Share Analysis, By Applications
    6.3 Global Optic Neuritis Market Size and Forecast, By Applications
    6.3.1 Paediatric Use
    6.3.2 Geriatric Use 
    7 Global Optic Neuritis Market, By Distribution Channel
    7.1 Y-o-Y Growth Comparison, By Distribution Channel
    7.2 Global Optic Neuritis Market Share Analysis, By Distribution Channel
    7.3 Global Optic Neuritis Market Size and Forecast, By Distribution Channel 
    7.3.1 Hospital Pharmacy
    7.3.2 Retail Pharmacy
    7.3.3 Online Pharmacies
    7.3.4 Others 
    8 Global Optic Neuritis Market, By End-Users
    8.1 Y-o-Y Growth Comparison, By End-Users 
    8.2 Global Optic Neuritis Market Share Analysis, By End-Users 
    8.3 Global Optic Neuritis Market Size and Forecast, By End-Users 
    8.3.1 Hospitals
    8.3.2 Research Institutes
    8.3.3 Specialty Clinics 
    9 Global Optic Neuritis Market, By Region
    9.1 Global Optic Neuritis Market Share Analysis, By Region
    9.2 Global Optic Neuritis Market Size and Forecast, By Region
    10 North America Optic Neuritis Analysis and Forecast (2023-2030)
    10.1 Introduction
    10.2 North America Optic Neuritis Market Share Analysis, By Type
    10.3 North America Optic Neuritis Size and Forecast, By Applications
    10.4 North America Optic Neuritis Market Size and Forecast, By Distribution Channel
    10.5 North America Optic Neuritis Market Size and Forecast, By End-Users 
    10.6 North America Optic Neuritis Market Size and Forecast, By Country
    10.6.1 U.S
    10.6.2 Canada
    10.6.3 Mexico
    11 Europe Optic Neuritis Market Analysis and Forecast (2023-2030)
    11.1 Introduction
    11.2 Europe Optic Neuritis Market Share Analysis, By Type
    11.3 Europe Optic Neuritis Market Size and Forecast, By Applications
    11.4 Europe Optic Neuritis Market Size and Forecast, By Distribution Channel
    11.5 Europe Optic Neuritis Market Size and Forecast, By End-Users 
    11.6 Europe Optic Neuritis Market Size and Forecast, By Country
    11.6.1 Germany
    11.6.2 France
    11.6.3 UK
    11.6.4 Rest of Europe
    12 Asia Pacific Optic Neuritis Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Asia-Pacific Optic Neuritis Market Size and Forecast, By Type
    12.3 Asia-Pacific Optic Neuritis Market Size and Forecast, By Applications 
    12.4 Asia-Pacific Optic Neuritis Market Size and Forecast, By Distribution Channel
    12.5 Asia-Pacific Optic Neuritis Market Size and Forecast, By End-Users 
    12.6 Asia-Pacific Optic Neuritis Market Size and Forecast, By Country
    12.6.1 China 
    12.6.2 Japan
    12.6.3 India
    12.6.4. Rest of Asia Pacific
    13 Latin America Optic Neuritis Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Latin America Optic Neuritis Market Size and Forecast, By Type
    13.3 Latin America Optic Neuritis Market Size and Forecast, By Applications
    13.4 Latin America Optic Neuritis Market Size and Forecast, By Distribution Channel
    13.5 Latin America Optic Neuritis Market Size and Forecast, By End-Users 
    13.6 Latin America Optic Neuritis Market Size and Forecast, By Country
    13.6.1 Brazil
    13.6.2.Rest of Latin America
    14 Middle East Optic Neuritis Market Analysis and Forecast (2023-2030)
    14.1 Introduction
    14.2 Middle East Optic Neuritis Market Share Analysis, By Type
    14.3 Middle East Optic Neuritis Market Size and Forecast, By Applications
    14.4 Middle East Optic Neuritis Market Size and Forecast, By Distribution Channel   
    14.5 Middle East Optic Neuritis Market Size and Forecast, By End-Users 
    14.6 Middle East Optic Neuritis Market Size and Forecast, By Country
    14.6.1. Saudi Arabia
    14.6.2. UAE
    14.6.3. Egypt
    14.6.4. Kuwait
    14.6.5. South Africa
    15 Competitive Analysis
    15.1 Competition Dashboard
    15.2 Market share Analysis of Top Vendors
    15.3 Key Development Strategies
    16 Company Profiles
    16.1. Aerie Pharmaceuticals Inc 
    16.1.1 Overview
    16.1.2 Offerings
    16.1.3 Key Financials
    16.1.4 Business Segment & Geographic Overview
    16.1.5 Key Market Developments
    16.1.6 Key Strategies
    16.2. Bausch Health Companies Inc
    16.2.1 Overview
    16.2.2 Offerings
    16.2.3 Key Financials
    16.2.4 Business Segment & Geographic Overview
    16.2.5 Key Market Developments
    16.2.6 Key Strategies
    16.3. Merck & Co Inc
    16.3.1 Overview
    16.3.2 Offerings
    16.3.3 Key Financials
    16.3.4 Business Segment & Geographic Overview
    16.3.5 Key Market Developments
    16.3.6 Key Strategies
    16.4. Pfizer Inc 
    16.4.1 Overview
    16.4.2 Offerings
    16.4.3 Key Financials
    16.4.4 Business Segment & Geographic Overview
    16.4.5 Key Market Developments
    16.4.6   Key Strategies
    16.5.  Teva Pharmaceutical Industries Ltd
    16.5.1 Overview
    16.5.2 Offerings
    16.5.3 Key Financials
    16.5.4 Business Segment & Geographic Overview
    16.5.5 Key Market Developments
    16.5.6 Key Strategies
    16.6. EyePoint Pharmaceuticals Inc
    16.6.1 Overview
    16.6.2 Offerings
    16.6.3 Key Financials
    16.6.4 Business Segment & Geographic Overview
    16.6.5 Key Market Developments
    16.6.6  Key Strategies
    16.7. Amorphex Therapeutics Holdings Inc
    16.7.1 Overview
    16.7.2 Offerings
    16.7.3 Key Financials
    16.7.4 Business Segment & Geographic Overview
    16.7.5 Key Market Developments
    16.7.6 Key Strategies
    16.8. Kubota Vision Inc
    16.8.1 Overview
    16.8.2 Offerings
    16.8.3 Key Financials
    16.8.4 Business Segment & Geographic Overview
    16.8.5 Key Market Developments
    16.8.6 Key Strategies
    16.9. Alcon Vision LLC Ellex Medical 
    16.9.1 Overview
    16.9.2 Offerings
    16.9.3 Key Financials
    16.9.4 Business Segment & Geographic Overview
    16.9.5Key Market Developments
    16.9.6 Key Strategies
    16.10. Lumenis Be Ltd
    16.10.1 Overview
    16.10.2 Offerings
    16.10.3 Key Financials
    16.10.4 Business Segment & Geographic Overview
    16.10.5 Key Market Developments
    16.10.6 Key Strategies
    16.11. Acorn Biomedical Inc
    16.11.1 Overview
    16.11.2 Offerings
    16.11.3 Key Financials
    16.11.4 Business Segment & Geographic Overview
    16.11.5 Key Market Developments
    16.11.6 Key Strategies
    16.12. Astellas Pharma Inc 
    16.12.1 Overview
    16.12.2 Offerings
    16.12.3 Key Financials
    16.12.4 Business Segment & Geographic Overview
    16.12.5 Key Market Developments
    16.12.6 Key Strategies
    16.13. Glenmark Pharmaceuticals Ltd 
    16.13.1 Overview
    16.13.2 Offerings
    16.13.3 Key Financials
    16.13.4 Business Segment & Geographic Overview
    16.13.5 Key Market Developments
    16.13.6 Key Strategies
    16.14. Bayer AG
    16.14.1 Overview
    16.14.2 Offerings
    16.14.3 Key Financials
    16.14.4 Business Segment & Geographic Overview
    16.14.5 Key Market Developments
    16.14.6 Key Strategies
    16.15. Novartis AG
    16.15.1 Overview
    16.15.2 Offerings
    16.15.3 Key Financials
    16.15.4 Business Segment & Geographic Overview
    16.15.5 Key Market Developments
    16.15.6 Key Strategies