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Ophthalmic Drugs Market 2023 Analysis By Size, Share, Growth, Trends Up To 2032 | Abbvie Inc. (Allergan), Alcon Inc., Bausch & Lomb Incorporated, F. Hoffmann-La Roche Ltd., Novartis AG
Ophthalmic Drugs Market
Ophthalmic Drugs Market Size, Growth Rate, And Forecast
The global ophthalmic drugs market size is expected to grow from $34.02 billion in 2022 to $36.77 billion in 2023 at a compound annual growth rate (CAGR) of 8.07%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ophthalmic drugs market size is expected to reach $49.21 billion in 2027 at a CAGR of 7.56%.
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Ophthalmic Drugs Market Drivers
The increase in the prevalence of ophthalmic disorders is expected to propel the growth of the ophthalmic drug market going forward. Ophthalmic disorders refer to a disorder or disease that affects the eye and other parts of the eye, causing impairment of vision and other eye ailments.
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Ophthalmic Drugs Market Segments
1) By Type: Prescription Drugs, Over-The-Counter Drugs
2) By Class: Anti-Allergy, Anti-Inflammatory, Anti-Glaucoma, Other Classes
3) By Disease: Dry Eye, Eye Allergy, Glaucoma, Eye Infection, Retinal Disorders, Uveitis, Other Diseases
4) By Dosage Form: Liquid Ophthalmic Drug Forms, Solid Ophthalmic Drug Forms, Semisolid Ophthalmic Drug Forms, Multicompartment Drug Delivery Systems
5) By Distribution Channel: Hospital Pharmacies, Drug Stores, Online Pharmacies
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Ophthalmic Drugs market.
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Ophthalmic Drugs Market Key Players
Major players in the ophthalmic drugs market are Abbvie Inc. (Allergan), Alcon Inc., Bausch & Lomb Incorporated, F. Hoffmann-La Roche Ltd., Novartis AG, Pfizer Inc., Regeneron Pharmaceuticals Inc., Santen Pharmaceutical Co. Ltd, Sun Pharmaceutical Industries Limited, Teva Pharmaceutical Industries Ltd., Merck & Co. Inc, Nicox S.A., Coherus Biosciences Inc., Johnson & Johnson, Otsuka Pharmaceutical Co. Ltd., Viatris Inc., Mitotech SA, and Akorn Incorporated.
The Business Research Company's "Global Ophthalmic Drugs Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Ophthalmic Drugs Market Include:
1. Executive Summary
2. Ophthalmic Drugs Market Characteristics
3. Ophthalmic Drugs Market Trends And Strategies
4. Ophthalmic Drugs Market - Macro Economic Scenario
5. Ophthalmic Drugs Market Size And Growth
……
27. Ophthalmic Drugs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ophthalmic Drugs Market
29. Ophthalmic Drugs Market Future Outlook and Potential Analysis
30. Appendix
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