Overview and Scope
Ocular hypertension treatment refers to the treatment methods used to control and reduce high pressure inside eye or increased intraocular pressure (IOP) in people who have been diagnosed with ocular hypertension. This treatment is frequently used for optic nerve protection, visual function maintenance, and overall eye health.
Sizing and Forecast
The ocular hypertension treatment market size has grown steadily in recent years. It will grow from $5.14 billion in 2023 to $5.34 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to increased aging population, high incidence of glaucoma, advancements in diagnostic tools, awareness and screenings, lifestyle changes and urbanization..
The ocular hypertension treatment market size is expected to see steady growth in the next few years. It will grow to $6.1 billion in 2028 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to rising global healthcare expenditure, advancements in treatment modalities, increased emphasis on personalized medicine, integration of telehealth services, rising geriatric population.. Major trends in the forecast period include patient-centric approaches, regulatory landscape impact, global market expansion, technological advancements in monitoring devices, integration of artificial intelligence (ai)..
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Segmentation & Regional Insights
The ocular hypertension treatment market covered in this report is segmented –
1) By Type: Intraocular Hypertension, Glaucoma
2) By Route of Administration: Oral, Parenteral, Other Routes
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Distribution Channel
4) By End-Users: Hospitals, Specialty Clinics, Others End-Users
North America was the largest region in the ocular hypertension treatment market in 2023. The regions covered in the ocular hypertension treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing prevalence of glaucoma disease is expected to propel the growth of the ocular hypertension treatment market going forward. Glaucoma is a chronic eye disease that can cause vision loss and blindness by destroying the optic nerve in the back of the eye. Ocular hypertension, or high intraocular pressure, is connected to the development and progression of glaucoma, a group of eye diseases that can result in permanent visual loss. A rise in glaucoma disease is indeed expected to have a positive impact on the growth of the ocular hypertension treatment market. For instance, in October 2022, according to BrightFocus Foundation Highlights, a US-based non-profit organization, glaucoma affected 80 million individuals globally, and this figure is anticipated to rise to more than 111 million by 2040. Therefore, the increasing prevalence of glaucoma disease is driving the growth of the ocular hypertension treatment market.
Key Industry Players
Major companies operating in the ocular hypertension treatment market report are Angelini SpA, Laboratorios Sophia, Neurim Pharmaceuticals Ltd., Nicox SA, Novartis AG, AbbVie Inc., Alcon, Ocular Therapeutix Inc., Sylentis S.A, Taejoon Pharma Co. Ltd., Bausch Health Companies Inc., Merck & Co. Inc., Pfizer Inc., Teva Pharmaceutical Industries Ltd., Laboratorios Salvat SA, Shionogi & Co. Ltd., Otsuka Holdings Co. Ltd., Mitsubishi Tanabe Pharma Corporation, Astellas Pharma Inc., Eisai Co. Ltd., Daiichi Sankyo Company Limited, Celgene Corporation, Boehringer Ingelheim International GmbH, Eurofins Discover X Corporation, Novus Biologicals LLC, SK Bioscience Co., Regeneron Pharmaceuticals Inc., F. Hoffmann-La Roche AG, Sun Pharmaceutical Industries Ltd., Takeda Pharmaceutical Company Limited
The ocular hypertension treatment market report table of contents includes:
1. Executive Summary
2. Ocular Hypertension Treatment Market Characteristics
3. Ocular Hypertension Treatment Market Trends And Strategies
4. Ocular Hypertension Treatment Market – Macro Economic Scenario
5. Global Ocular Hypertension Treatment Market Size and Growth
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31. Global Ocular Hypertension Treatment Market Competitive Benchmarking
32. Global Ocular Hypertension Treatment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Ocular Hypertension Treatment Market
34. Ocular Hypertension Treatment Market Future Outlook and Potential Analysis
35. Appendix
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