The antiglaucoma drugs global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Antiglaucoma Drugs Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The antiglaucoma drugs market size has grown strongly in recent years. It will grow from $15.07 billion in 2023 to $16.27 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to aging population, increasing awareness, growing healthcare expenditure, regulatory approvals.
The antiglaucoma drugs market size is expected to see strong growth in the next few years. It will grow to $21.9 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to emerging markets, reimbursement policies, disease awareness campaigns. Major trends in the forecast period include technological advancements, innovation, telemedicine, biologics and novel therapies, sustained-release formulations, sustainability and eco-friendly packaging.
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The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
The incidence of glaucoma increases with age and due to the increase in the geriatric population worldwide, governments are launching initiatives to promote awareness of glaucoma and other eye disorders. For instance, the Vision Health initiative by the Centers for Disease Control and Prevention (CDC) in the USA aimed to prevent eye disorders including glaucoma, and improve overall eye health. For instance, in July 2021, the General Assembly of the United Nations passed a new resolution declaring increased efforts to include eye care services in universal health coverage and address the growing negative effects of vision loss on sustainable development caused by short and farsightedness, glaucoma, and cataracts. These government initiatives will stimulate awareness among the people about glaucoma driving the market for anti-glaucoma drugs.
Market Trends –
Companies in the antiglaucoma drugs market are developing combination therapies in the treatment of glaucoma disease due to their ability to lower intraocular pressure in glaucoma patients. Most of the combination therapies are fixed dose drugs as it offers the patient ease of consumption when compared to non-fixed combinations. Alcon launched a combination drug, Simbrinza which is a fixed combination of Brinzolamide and Brimonidine, to help patients in reducing the intake of multiple drugs for glaucoma. Rockland is a combination of a rho kinase inhibitor and a prostaglandin analog. Combigan is a combination of beta blockers and alpha agonists. Cosopt is a combination of beta-blockers and carbonic anhydrase inhibitors.
The antiglaucoma drugs market covered in this report is segmented –
1) By Type: Hospital Prescription drugs, Over-the counter drugs
2) By Product Type: Alpha Agonist, Beta Blockers, Prostaglandin Analogs, Combined Medication, Other Types
3) By Disease Condition Type: Open-Angle Glaucoma, Angle-Closure Glaucoma, Normal-Tension Glaucoma, Congenital Glaucoma, Other Types Of Glaucoma
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Regional Insights –
North America was the largest region in the antiglaucoma drugs market in 2023. Middle East is expected to be the fastest-growing region in the antiglaucoma drugs market during the forecast period. The regions covered in the antiglaucoma drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the antiglaucoma drugs market include Aerie Pharmaceuticals Inc., Allergan Inc., Novartis AG, Abbott Healthcare Pvt. Ltd., Johnson & Johnson, Merck & Co., Genentech Inc., Pfizer Inc., Bayer AG, Santen Pharmaceuticals Company Ltd., Regeneron Pharmaceuticals Inc., Valeant Pharmaceuticals International Inc., F. Hoffmann-La Roche Ltd., Hoya Corporation, Bausch + Lomb Inc., Fera Pharmaceuticals LLC, Thea Pharma Inc., Alcon AG, Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Akorn Inc., Mylan Pharmaceuticals Pvt. Ltd., Apotex Inc., Lupin Pharmaceuticals Inc., Wockhardt Ltd., Zydus Pharmaceuticals Inc., Cooper Laboratories Inc., Cooper Pharma Ltd., Rafarm SA, Altaire Pharmaceuticals Inc.
Table of Contents
1. Executive Summary
2. Antiglaucoma Drugs Market Report Structure
3. Antiglaucoma Drugs Market Trends And Strategies
4. Antiglaucoma Drugs Market – Macro Economic Scenario
5. Antiglaucoma Drugs Market Size And Growth
…..
27. Antiglaucoma Drugs Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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