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Presbyopia Market Size in 7MM was USD 17,883 Million in 2021

03-24-2023 05:43 AM CET | Health & Medicine

Press release from: DelveInsight Business Research

Presbyopia Market Size in 7MM was USD 17,883 Million in 2021

"The increase in market size of Presbyopia is a direct consequence of expected approval of emerging therapy and increasing patient population of Presbyopia in the 7MM"

The Presbyopia market report provides current treatment practices, emerging drugs, market share of the individual therapies, and current and forecasted 7MM Presbyopia market size from 2019 to 2032. The Report also covers current Presbyopia treatment practice, market drivers, market barriers, SWOT analysis, reimbursement, market access, and unmet medical needs to curate the best of the opportunities and assesses the underlying potential of the market.

Key takeaways from the Presbyopia Market Report

• According to DelveInsight analysis, prevalence of Presbyopia is higher in females than males.

• In 2021, Japan had approximately 34,568,372 total prevalent cases of Presbyopia.

• The leading Presbyopia Market Companies include AbbVie, Eyenovia, Orasis Pharmaceuticals, Novartis, Visus Therapeutics, LENZ Therapeutics, Glaukos Corporation, Ocuphire Pharma, and others.

• Promising Presbyopia Pipeline Therapies include Phentolamine Opthalmic Solution 0.75%, Low dose pilocarpine, Pilocarpine HCl, CSF-1, Pilocarpine HCl Ophthalmic Solution, Pilocarpine HCl Ophthalmic Solution, Pilocarpine Ophthalmic, and others.

For more insights into the Presbyopia Market Landscape, visit Presbyopia Market Therapeutics Landscape @ https://www.delveinsight.com/sample-request/presbyopia-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

Presbyopia Overview
Presbyopia is a normal part of aging wherein your eyes gradually lose the ability to see things clearly up close. The term "presbyopia" comes from a Greek word which means "old eye." Most people begin to notice the effect of presbyopia sometime after the age of 40 as the lenses of the eyes naturally lose their elasticity due to the aging process.

Recent Developmental Activities in the Presbyopia Treatment Landscape

• CSF-1 is a corrective eye drop being developed by Orasis Pharmaceuticals for offering an alternative to reading glasses and intrusive surgical procedures to enhance the quality of life for people with presbyopia. It is being developed to improve near visual acuity by pupil modulation, resulting in a "pinhole effect" and an increase in the depth of field, thus increasing the ability to focus on near objects. Recently, in January 2023, Orasis Pharmaceuticals submitted a NDA to the US FDA for investigational CSF-1 (low dose pilocarpine hydrochloride 0.4%) based on data from the Phase III NEAR-1 and NEAR-2 clinical trials.

• Nyxol developed by Ocuphire Pharma is a preservative-free ophthalmic solution that contains 0.75% phentolamine (1% phentolamine mesylate), a nonselective alpha-adrenergic antagonist which inhibits the contraction of the smooth muscle of the iris. It is being developed as a single drop as well as an adjunct therapy for the treatment of presbyopia. Recently, the company initiated the VEGA-2 Phase III program for investigating Nyxol alone and Nyxol with low-dose pilocarpine (LDP) as an adjunctive treatment for the potential treatment of presbyopia. Nyxol is responsible for iris dilator muscle inhibition and pilocarpine for iris sphincter muscle activation. Ocuphire also entered into a global license agreement with FamyGen Life Sciences (recently acquired by Viatris, for the development and commercialization of Nyxol in US, Europe, and Japan.

• VT-101/Brimochol (carbachol + brimonidine tartrate), is a lead investigational proprietary pupil-modulating eye being developed by Visus Therapeutics for adults who suffer from presbyopia. Carbachol is a cholinergic agent that increases the depth of field, while brimonidine tartrate is an alpha-2 agonist that prevents iris dilation and inhibits ciliary body contraction. Together they produce a "pinhole effect,". Brimonidine mitigates the side effects typically associated with cholinergic agents on the ciliary body, such as headache, brow ache, and myopic shift. Additionally, it also prolongs the pinhole effect of carbachol on the iris sphincter muscle by altering aqueous dynamics. Presently Phase III clinical trials for the safety and efficacy of Brimochol and BRIMOCHOL PF in Presbyopia patients are ongoing.

Presbyopia Epidemiology Segmentation in the 7MM

• Total Presbyopia Prevalent Cases
• Total Presbyopia Age-specific Cases
• Presbyopia Gender-specific Cases
• Total Presbyopia Diagnosed Cases
• Presbyopia Severity Specific Cases

Download the report to understand which factors are driving Presbyopia epidemiology trends, visit here for Presbyopia Epidemiological Insights @ https://www.delveinsight.com/sample-request/presbyopia-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

Presbyopia Treatment Market
The goal of treatment is to compensate for the inability of your eyes to focus on nearby objects. Treatment options include wearing corrective eyeglasses (spectacle lenses) or contact lenses, undergoing refractive surgery, or getting lens implants for presbyopia. Pharmacological treatment of presbyopia is based on using ophthalmic drops, which by the impact on the ciliary muscle, changes the pupil size and elasticity, improving near vision.

Presbyopia Market Insights
The current therapy available does not treat the cause of Presbyopia but help treat its symptoms. Instead of targeting the eyes' lens, the drops make the eyes' pupils smaller, creating a pinhole effect that increases the depth of focus. In the case of presbyopia patients, pilocarpine is used to constrict the pupil. However, a miotic such as pilocarpine alone, unless selectively dosed, is problematic to use because of its side effects. These side effects include headache, redness, Ciliary spasm, brow ache, accommodation, and even uveitis. Another concern with miotics is their varying effects of onset, uration, and durability due to iris color. This could make driving at night dangerous.

Presbyopia Market Drivers
• Rising prevalence of Presbyopia
• An upsurge in launch of products
• Increasing lifestyle changes
• Increasing research in pharmaceutical treatment
• Increase in geriatric population

Presbyopia Market Barriers
• Rising healthcare costs
• Shortage of trained ophthalmologists
• Lack of accessibility of eye care services
• Limitations of Monovision

Browse More Related Reports of the Presbyopia Market Research Reports, click here for Presbyopia Market Forecast @ https://www.delveinsight.com/sample-request/presbyopia-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

Scope of the Presbyopia Market Report

• Coverage- 7MM

• Presbyopia Market Companies- AbbVie, Eyenovia, Orasis Pharmaceuticals, Novartis, Visus Therapeutics, LENZ Therapeutics, Glaukos Corporation, Ocuphire Pharma, and others.

• Presbyopia Pipeline Therapies- Phentolamine Opthalmic Solution 0.75%, Low dose pilocarpine, Pilocarpine HCl, CSF-1, Pilocarpine HCl Ophthalmic Solution, Pilocarpine HCl Ophthalmic Solution, Pilocarpine Ophthalmic, and others.

• Presbyopia Market Dynamics: Presbyopia Market Drivers and Barriers

• Presbyopia Market Access and Reimbursement, Unmet Needs, Future Perspectives

Read the Full Research Report of the Presbyopia Market Forecast Report, click here for Presbyopia Market Drivers and Barriers @ https://www.delveinsight.com/sample-request/presbyopia-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

Table of Content
1. Key Insights
2. Report Introduction
3. Presbyopia Market Overview at a Glance
4. Presbyopia Market: Future Perspective
5. Executive Summary of Presbyopia
6. Key Events
7. Disease Background and Overview
8. Diagnosis of Presbyopia
9. Early Detection and Prevention of Presbyopia
10. Current Treatment Practices: Presbyopia
11. Guidelines of Presbyopia
12. Epidemiology and Patient Population
13. Patient Journey
14. Key Endpoints in Presbyopia Clinical Trials
15. Marketed Drugs
16. Emerging Drugs
17. Presbyopia: 7 Major Market Analysis
18. Market Access and Reimbursement
19. Key Opinion Leaders' Views
20. Market Drivers
21. Market Barriers
22. SWOT Analysis
23. Unmet Needs
24. Appendix
25. DelveInsight Capabilities
26. Disclaimer
27. About DelveInsight

Consult with our Business Expert regarding "Presbyopia Market Landscape" @ https://www.delveinsight.com/sample-request/presbyopia-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=ypr

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About Us

DelveInsight is a Business Consulting and Market research company, providing expert business solutions for the healthcare domain and offering quintessential advisory services in the areas of R&D, Strategy Formulation, Operations, Competitive Intelligence, Competitive Landscaping, and Mergers & Acquisitions.

Contact Us

Yash Bhardwaj

info@delveinsight.com

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