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Ophthalmic Drugs Global Market Report 2025: Growth and Key Trends driven by Rising Prevalence of Eye Disorders
Ophthalmic Drugs Global Market
What Is The Projected Market Size Of The Global Ophthalmic Drugs Global Market Report 2025 And Its Growth Rate?
• The ophthalmic drugs market is expected to grow from $39.36 billion in 2024 to $42.65 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%.
• This growth can be attributed to rising incidences of eye disorders, increased R&D investment in eye care, and changes in global lifestyles.
• The market is predicted to achieve $57.4 billion by 2029 at a CAGR of 7.7%. This growth is expected due to advancements in biopharmaceuticals, increasing prevalence of myopia, an expanding aging population, personalized medicine approaches, and regulatory support for rare diseases.
What Is Driving The Growth In The Ophthalmic Drugs Global Market Report 2025?
The prevalence of ophthalmic disorders is a major factor driving the growth of the ophthalmic drugs market. Disorders affecting the eye and vision have seen an increase, leading to a rising demand for ophthalmic drugs. The Centers for Disease Control and Prevention (CDC) reported that as of 2022, about 20.5 million Americans over 40 years of age, or 17.2% of the population, have at least one eye with a cataract. This increasing prevalence of ophthalmic disorders is propelling the growth of the ophthalmic drugs market.
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Who Are the Key Players Driving Ophthalmic Drugs Global Market Report 2025 Growth?
• AbbVie Inc.
• 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
• Akorn Incorporated
• GlaxoSmithKline plc
• Bayer AG
• Senju Pharmaceutical Co. Ltd.
• Aerie Pharmaceuticals Inc.
• Kala Pharmaceuticals Inc.
• Aurobindo Pharma Ltd.
• Eyevance Pharmaceuticals
• Acucela Inc.
• Dompe Farmaceutici S.p.A.
• Xbrane Biopharma AB
• Laboratoires Théa
What Are The Key Trends In The Ophthalmic Drugs Global Market Report 2025?
Key trends in the market include:
• Biopharmaceutical innovations
• Increasing prevalence of myopia
• Expanding aging population
• Personalized medicine approaches
• Regulatory support for rare diseases
• Biologics and gene therapies
• Increased focus on dry eye therapeutics
• Advancements in glaucoma treatment
• Emergence of combination therapies
• Focus on age-related macular degeneration (AMD)
What Are The Segments Of The Global Ophthalmic Drugs Global Market Report 2025?
The ophthalmic drugs market is segmented:
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
Which Region Leads The Ophthalmic Drugs Global Market Report 2025?
North America was the leading region in the ophthalmic drugs market in 2024. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Ophthalmic Drugs Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Ophthalmic Drugs Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Ophthalmic Drugs Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Ophthalmic Drugs Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Ophthalmic Drugs Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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