Press release
What's driving the Glaucoma Therapeutics Market Growth? Prominent Players: Merck, Allergan, Novartis, Bausch + Lomb, Teva Pharmaceuticals, Aerie Pharmaceuticals, Pfizer, Inotek Pharmaceuticals Corporation
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According to the report glaucoma therapeutics market in North America was worth US$ 2405.9 Mn in 2018. The region is expected to dominate the global market during the forecast period 2019-2026. The growth predicted in North America is attribute to its constantly improving healthcare facilities and adoption of recent advances in glaucoma diagnosis, treatment, and medication. These factors also are expected to bode well for the global glaucoma therapeutics market. Meanwhile, the increasing number of glaucoma cases in nations such as China and India is projected to enable growth in Asia Pacific. Additionally, the region is anticipated to progress at a relatively high CAGR.
“Public authorities and governments are adoption several initiatives to create awareness about glaucoma and aid in the cure and prevention of glaucoma. This is projected to generate demand in the global glaucoma therapeutics market,” said a lead analyst at Fortune Business Insights.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Merck
• Allergan
• Novartis
• Bausch + Lomb
• Teva Pharmaceuticals
• Aerie Pharmaceuticals
• Pfizer
• Inotek Pharmaceuticals Corporation
Prostaglandins to Remain Dominant among Drug Class Through Forecast Period
In terms of drug class, prostaglandins are the most widely used medication. Additionally, in 2018 the prostaglandins segment was dominating the global glaucoma therapeutics market. The segment accounted for 40.2% of the global market in 2018. Prostaglandins are forecast to dominate the global market during the forecast period as well. Higher efficiency to reduce intraocular pressure (IOP) and minimal risk of side effects associated with the drugs are a few factors aiding the expansion of the prostaglandins segment.
In the coming years, the global glaucoma therapeutics market during is forecast to exhibit a steady growth rate. The report finds that factors such as increasing number of glaucoma cases and technological advancements in diagnostic kits will enable the market gain momentum in the coming years. Additionally, recent innovations by market players for glaucoma’s treatment and increasing purchasing power are major factors expected to boost the global market.
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
3. Market Dynamics
3.1. Market Drivers
3.2. MarketRestraints3.3. Market Opportunities
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4. Key Insights
4.1 Prevalence of Glaucoma bymajor countries
4.2 Recent industry developmentssuch as partnerships, mergers & acquisitions
4.3 Pipeline analysis
4.4 Reimbursement scenario by keycountries
4.5 Regulatory scenario for keycountries
5. Global GlaucomaTherapeutics Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insightsand Forecast – By Disease Indication
5.2.1 OpenAngle Glaucoma
5.2.2 AngleClosure Glaucoma
5.2.3 Others
5.3 Market Analysis, Insights andForecast – By Drug Class
5.3.1 BetsBlockers
5.3.2Prostaglandin Amalogues
5.3.2.1Latanoprost
5.3.2.2Bimatoprost
5.3.2.3Travoprost
5.3.2.4 Others
5.3.3 AlphaAdrenergic Agonists
5.3.4 CarbonicAnhydrase Inhibitors
5.3.5Combination Drugs
5.3.6 Others
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5.4. Market Analysis, Insightsand Forecast – By Distribution Channel
5.4.1 HospitalPharmacy
5.4.2 RetailPharmacy
5.4.3 OnlinePharmacy
About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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