Press release
Ophthalmic Drugs Market to growing at CAGR of 5.3% by 2023, Top Prominent Players: Abbott Medical Optics, Inc., Carl-Zeiss AG, Ellex Medical Lasers Ltd.
UPDATE AVAILABLE ON-DEMANDAccording to a new report published by Allied Market Research, titled, "Ophthalmic Drugs Market by Indication (Dry Eye, Glaucoma, Infection/Inflammation/Allergy, Retinal Disorders, and Others), Type (Prescription Drugs, and Over-the-Counter Drugs), Dosage Form (Liquid Ophthalmic Drug Forms, Solid Ophthalmic Drug Forms, Semisolid Ophthalmic Drug Forms, Multicompartment Drug Delivery Systems, and Other Ophthalmic Drug Forms), Technology (Biologics, Cell Therapy, Gene Therapy, Drug Delivery, Small Molecule, and Others), Distribution Channel (Hospital Pharmacies, Drug Stores, Online Pharmacies, and Others), and Therapeutic Class (Anti-glaucoma, Anti-infection, Anti-inflammatory, and Anti-allergy) - Global Opportunity Analysis and Industry Forecast, 2020-2027" The report has offered an all-inclusive analysis of the global Ophthalmic Drugs Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.
The global ophthalmic drugs market was valued at $29,613 million in 2016, and is projected to reach $42,663 million by 2023, growing at a CAGR of 5.3% from 2017 to 2023. The retinal disorders segment accounted for 26.6% of the global ophthalmic drugs market in 2016.
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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
The report presents in-depth insights into each of Indication, Type, Dosage Form, Technology, Distribution Channel, and Therapeutic Class. verticals along with annual forecasts to 2027. The report provides revenue forecast with sales, and sales growth rate of the global Ophthalmic Drugs market. The forecasts are also provided with respect to the Indication, Type, Dosage Form, Technology, Distribution Channel, and Therapeutic Class segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.
The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Top 10 leading companies in the global Ophthalmic Drugs market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Ophthalmic Drugs products and services. The key players operating in the global Ophthalmic Drugs industry include Abbott Medical Optics, Inc., Carl-Zeiss AG, Ellex Medical Lasers Ltd., Essilor International S.A., Hoya Corporation, Insight Vision Inc., Nidek Co.Ltd, Novagali Pharma S A, Topcon Corporation, and Ziemer Ophthalmic Systems AG.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
Key Benefits:
• The report provides a qualitative and quantitative analysis of the current Ophthalmic Drugs market trends, forecasts, and market size from 2020 to 2027 to determine the prevailing opportunities.
• Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market report also provides an understanding of the current position of the market players active in the Ophthalmic Drugs industry.
Highlights of the Report:
• Competitive landscape of the Ophthalmic Drugs Market.
• Revenue generated by each segment of the Ophthalmic Drugs market by 2027.
• Factors expected to drive and create new opportunities in the Ophthalmic Drugs industry.
• Strategies to gain sustainable growth of the market.
• Region that would create lucrative business opportunities during the forecast period.
• Top impacting factors of the Ophthalmic Drugs market.
Access Full Report Summary: https://www.alliedmarketresearch.com/ophthalmic-drugs-market
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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