Blepharitis Treatment MarketSize and Trends

Blepharitis Treatment Market Drivers:-

The blepharitis treatment market is expected to witness significant growth due to increasing prevalence of ophthalmic disorders among the geriatric population. According to a survey conducted by the American Academy of Ophthalmology in 2014, blepharitis usually affects people above the age of 50 years. According to the same source, blepharitis is observed in 37% male ophthalmic patients and 47% in female ophthalmic patients. The market is also expected to witness significant growth due to increasing number of drugs in the pipeline. For instance, ISV-305, a drug sponsored by InSite Vision, is in phase 3 clinical trials. ISV-305 is used for the treatment of patients with early symptoms of blepharitis.

Furthermore, adoption of strategies such as new product launch and mergers and acquisitions is also expected to contribute to the market growth. For instance, in 2015, Rysurg, a Franklin-based company, launched BlephEx. It is the first device-based procedure used to clean eyelids and also maintain hygiene. According to a study conducted by American Academy of Ophthalmology in 2015, around 50% of ophthalmic patients suffer from symptoms of blepharitis and dry eyes. Constant use of this device helps prevent recurrence of blephairis and the treatment is pain-free. In 2013, Shire Plc. acquired a U.S.-based ophthalmic company, SARcode Bioscience to add new drug – Lifitegrast to Shire’s specialist drug portfolio. Lifitegrast was approved by the U.S. FDA for the treatment of signs and symptoms of dry eye and blepharitis in 2016.

Factors hampering growth of the market include, lack of awareness and high cost of the treatment of blepharitis.

Market Trends:-

The blepharitis treatment market is expected to witness significant growth due to increasing prevalence of ophthalmic disorders among the geriatric population.