The market for optical sorting equipment is expected to grow from its current value of US$ 2.69 billion in 2023 to US$ 6.15 billion by the end of 2033, with shipments of this equipment expected to rise at an excellent CAGR of 8.6% throughout this time.Sales of optical sorting equipment are anticipated to increase in the next years as a result of governments throughout the world implementing tight regulations to guarantee food safety standards.
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and a far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Ocular Drug Delivery Technology Market both at worldwide and provincial levels.
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Market Players: –
- Ocular Therapeutix, Inc.
- Alimera Sciences
- Allergan Plc.
- Valeant Pharmaceuticals International (Bausch Health Company), Inc.
- Santen Pharmaceutical Co., Ltd.
Prominent Ocular Drug Delivery Technology providers are reliant on partnerships, collaborations, acquisitions, and new software launches so as to stay afloat in the global market. Constant innovations to ensure a seamless client-customer relationship are the main focus of prominent market players.
- In Feb 2022, Alimera Sciences, Inc., a global pharmaceutical company whose mission is to be invaluable to patients, physicians and partners concerned with retinal health and maintaining better vision longer, announces that Alimera Sciences Europe Limited, its Ireland-based European subsidiary, launched ILUVIEN® for non-infectious posterior uveitis in Spain, through its distribution partner, Brill Pharma (Brill).
- In October 2021, Allergan, an AbbVie company, announced that it will present new pooled analyses and post hoc results from the Phase 3 trials of AGN-190584 (pilocarpine HCl ophthalmic solution 1.25%), an investigational novel treatment for presbyopia, at Academy 2021, the annual meeting of the American Academy of Optometry, November 3-6. Presentations included the clinical results for near and intermediate vision, functional near vision, efficacy for post-LASIK patients, and the patient experience.
Key Segments Covered in the Industry Survey
- by Type :
- Ocular Drug Delivery Inserts:
- Intraocular Implants:
- In-Situ Gel & Punctal Plugs
- by Formulation :
- Solution based
- Suspension based
- Emulsion based
- Liposomes & Nanoparticles based
- Ointment based
- by Disease Type :
- Diabetic Retinopathy
- Dry Eye Syndrome
- Macular Degeneration
- Diabetic Macular Edema
- by Region :
- North America Market
- Latin America Market
- Europe Market
- Asia Pacific Market
- Middle East & Africa Market
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The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
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