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Global Homatropine Hydrobromide Market, Size, Share, Analysis Report & Forecast to 2026

10-14-2021 12:55 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global homatropine hydrobromide market is expected to grow at a significant CAGR during the forecast period (2021-2027). Homatropine hydrobromide is an anticholinergic medication that causes mydriasis and cycloplegia, as well as other anticholinergic effects. Other effects of structurally similar atropine that might apply to homatropine include secretion inhibition, tachycardia, smooth muscle relaxation, and central neurological effects such as excitement.Homatropine hydrobromide is a competitive muscarinic receptor antagonist that replaces the acetyl group of acetylcholine with a bulky aromatic group. It's thought to work similarly to atropine, causing parasympatholytic effects. Homatropine inhibits the reaction of the iris sphincter muscle, causing the pupil to become unresponsive to light upon dilatation or mydriasis, via inhibiting muscarinic receptors and cholinergic signalling pathways. It also prevents cholinergic activation of the ciliary body's accommodating muscle.

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Homatropine relaxes the muscles in the iris of the eye. The pupil dilates or expands when these muscles are relaxed. Ophthalmic homatropine is used to treat a condition known as uveitis. During an eye checkup, ophthalmic homatropine is frequently used to dilate the pupil or to relieve pressure inside the eye after surgery. This medication is used to treat some eye problems before and during eye tests (such as refraction), as well as before and during certain eye surgeries (e.g., uveitis). Homatropine hydrobromide acts via dilation of the pupil (dilating it).According to IOVS Arvo Journal, Age-related cataract (ARC) is still the most common cause of vision loss globally, particularly in China, which has one-fifth of the world's population. Surgery is now the sole effective therapy for cataracts, although it is still prohibitively expensive in impoverished nations. A cataract is a major socioeconomic burden all around the world. The overall cost of ARC in the United States, according to the US government, is $5 to $6 billion each year.

A Full Report of Global Homatropine Hydrobromide Market is Available at:
https://www.omrglobal.com/industry-reports/homatropine-hydrobromide-market

As the elderly population grows, so does the visual impairment caused by ARC and the resulting economical load. Therefore, the rising incidences of cataracts and other visual disorders requiring surgery in the geriatric population are expected to drive the market growth of the global Homatropine hydrobromide market.Furthermore, C2 Pharma (C2P), a Luxembourg-based phytochemical and chemical-pharmaceutical production and distribution company, is continuing to expand its API and botanical extracts product line. The authorization of Homatropine hydrobromide was the most recent contribution in 2020 that will propel the market growth.

Global Homatropine Hydrobromide Market – Segmentation
By Type
Injectable
Tablets
Drops
By Application
Ophthalmology

Global Homatropine Hydrobromide Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Centroflora
Hubei Biocause Pharmaceutical
Pioneer Agro Industries
Resonance Laboratories
Saurav Chemicals
Vital Laboratories.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/homatropine-hydrobromide-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com 
Contact no: +91 780-304-0404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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