Ocular Hypertension Treatment Market Growth to $6.1 Bn by 2033 - Key Trends, Market Segments, Competitive Insights, and Increasing Demand in Eye Care

The new report published by The Business Research Company, titled Ocular Hypertension Treatment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the ocular hypertension treatment market size has grown steadily in recent years. It will grow from $5.14 billion in 2023 to $5.34 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The ocular hypertension treatment market size is expected to see steady growth in the next few years. It will grow to $6.1 billion in 2028 at a compound annual growth rate (CAGR) of 3.4%.

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Ocular Hypertension Treatment Market Surges With Glaucoma Prevalence
The increasing prevalence of glaucoma disease is expected to propel the growth of the ocular hypertension treatment market going forward. Glaucoma is a chronic eye disease that can cause vision loss and blindness by destroying the optic nerve in the back of the eye. Ocular hypertension, or high intraocular pressure, is connected to the development and progression of glaucoma, a group of eye diseases that can result in permanent visual loss. A rise in glaucoma disease is indeed expected to have a positive impact on the growth of the ocular hypertension treatment market. For instance, in October 2022, according to BrightFocus Foundation Highlights, a US-based non-profit organization, glaucoma affected 80 million individuals globally, and this figure is anticipated to rise to more than 111 million by 2040. Therefore, the increasing prevalence of glaucoma disease is driving the growth of the ocular hypertension treatment market.

Product Innovation Reshapes Ocular Hypertension Treatment Market Landscape
Product innovation is a key trend gaining popularity in the ocular hypertension treatment market. Companies operating in the ocular hypertension treatment market are adopting new technologies to sustain their position in the market. For instance, in April 2022, Sandoz, a Switzerland-based manufacturer of generic medicines and biosimilar, launched Brimonidine tartrate/timolol maleate ophthalmic solution. Its generic combination of eye drop brimonidine tartrate/timolol maleate ophthalmic solution 0.2% or 0.5% reduces the pressure in the eyes in ocular individuals with hypertension. Fixed combinations of medications to treat ocular hypertension can provide patients with increased simplicity, higher compliance, lower preservation exposure, as well as price savings.

The ocular hypertension treatment market covered in this report is segmented -

1) By Type: Intraocular Hypertension, Glaucoma
2) By Route of Administration: Oral, Parenteral, Other Routes
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Distribution Channel
4) By End-Users: Hospitals, Specialty Clinics, Others End-Users

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Major companies operating in the ocular hypertension treatment market report are Angelini SpA, Laboratorios Sophia, Neurim Pharmaceuticals Ltd., Nicox SA, Novartis AG, AbbVie Inc., Alcon, Ocular Therapeutix Inc., Sylentis S.A, Taejoon Pharma Co. Ltd., Bausch Health Companies Inc., Merck & Co. Inc., Pfizer Inc., Teva Pharmaceutical Industries Ltd., Laboratorios Salvat SA, Shionogi & Co. Ltd., Otsuka Holdings Co. Ltd., Mitsubishi Tanabe Pharma Corporation, Astellas Pharma Inc., Eisai Co. Ltd., Daiichi Sankyo Company Limited, Celgene Corporation, Boehringer Ingelheim International GmbH, Eurofins Discover X Corporation, Novus Biologicals LLC, SK Bioscience Co., Regeneron Pharmaceuticals Inc., F. Hoffmann-La Roche AG, Sun Pharmaceutical Industries Ltd., Takeda Pharmaceutical Company Limited

Contents of the report:
1. Executive Summary
2. Ocular Hypertension Treatment Market Report Structure
3. Ocular Hypertension Treatment Market Trends And Strategies
4. Ocular Hypertension Treatment Market - Macro Economic Scenario
5. Ocular Hypertension Treatment Market Size And Growth
…..
27. Ocular Hypertension Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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