Upcoming Allied Market Research
Otic Drugs Market

Otic Drugs Market

by Type (Acute Otitis Media, Otitis Media with Effusion, Chronic Otitis Media with Effusion), Route of Administration (Oral, Topical, Injectable, and Others), and Application (Hospitals, Drug Stores, Retail Stores, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A14457
Pages: NA
Mar 2023 | 699 Views
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.



Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Otic Drugs Market

Request Now !

Otitis is an inflammation in the middle ear which resulting in dysfunction of the eustachian tube that occurs during viral upper respiratory tract infection. The eustachian tube links the middle ear with the throat and ear. It prevents fluid drainage from the middle ear, causing a fluid buildup behind the eardrum. When fluid does not evacuate, the infection grows in the ear which leads to acute otitis media.

Otic drugs are the drugs that are used to treat infections of the ear canal. Causes of ear infections can be various factors such as ear injuries, bacteria, cigarette smoking, and viral infections. A rise in the prevalence of various infections of the ear and the use of external objects such as hairpins and cotton swabs, which are found responsible for ear infections are likely to prosper the market.


Impact of COVID-19 Pandemic on the Otic Drugs Market:

  • The consequences of lockdown and government-enforced restrictions as a result of the coronavirus have been felt heavily by businesses across all industries. Both the private healthcare sector and health businesses, which rely on close physical contact with their clients, have been significantly affected. 
  • Many small hospitals, clinics and nursing homes have been forced to shut their operations. Social distancing and localized curfews have resulted in delayed procedures. In addition, visa cancellations have led to a hiatus in medical tourism and can negatively impact the healthcare services otic drugs market growth.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Ongoing clinical trials which are carried out in various pharmaceutical companies, exposure to toxins, change in environment, with a high prevalence for indoor as well as outdoor allergens and worldwide rise in the prevalence of otitis diseases are likely to act as market drivers for the otic drugs market.

As per the published article by the American Academy of Family Physicians, it is estimated that nearly 80% of the children have been diagnosed with one episode of acute otitis media (AOM). Change in environment or exposure to the certain toxin may rise the otitis infection and the prevalent middle ear diseases are likely to grow the otic drugs market.

Novel Therapeutics, Inc, a pharmaceutical company with a specialty in otolaryngology has initiated phase II trials for OP0201 In 2019, which is a drug-device combination of cholesteryl palmitate & surfactant dipalmitoylphosphatidylcholine which have shown promising results for otitis treatment in phase I clinical trials. If proved to be successful it will enhance a new significant option for the treatment of otitis.

Asia-Pacific is predicted to hold the largest share in the market due to the rise in ear infections.  Europe is considered to be one of the growing markets in the timeline with high investment in the infrastructure related to healthcare. North America is likely to dominate the market of otic drugs because of the presence of the core market players with novel technology.

Restraints that prevail in the market are unaffordable or unavailable treatments, the introduction of generic drugs and patent expiry from companies, inadequate knowledge about tinnitus disease in developing economies.

Key Benefits of the Report

  • This study presents the analytical depiction of the global otic drugs market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global otic drugs market share.
  • The current market is quantitatively analyzed from 2021 to 2028 to highlight the global otic drugs market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global otic drugs market analysis based on competitive intensity and how the competition will take shape in coming years. 
  • Questions Answered in the Otic Drugs Market Research Report
  • What are the leading market players active in the otic drugs market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?

Otic Drugs Market Report Highlights

Aspects Details
By Type
  • Acute Otitis Media
  • Otitis Media with Effusion
  • Chronic Otitis Media with Effusion
By Route of Administration
  • Oral
  • Topical
  • Injectable
  • Others
By Application
  • Hospitals
  • Drug Stores
  • Retail Stores
  • Others
By Region
  • North America  (U.S, Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players Pediapharm Novus Therapeutics, Inc, Eli Lilly and Company, F. Hoffmann-La Roche Ltd, Abbott, Mylan N.V, Alcon, GlaxoSmithKline plc, Zydus Pharmaceuticals, Bayer AG, Amneal Pharmaceuticals LLC, Novartis AG, Merz Pharma, Sanofi, Sound Pharmaceuticals, Bristol-Myers Squibb Company, Intas Pharmaceuticals Ltd., Otonomy Inc, Torrent Pharmaceuticals Ltd,

Loading Table Of Content...

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Otic Drugs Market

Start reading.
This Report and over 19,666+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,930
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise

  • $9,870
  • Unlimited
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library

  • $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers