Press release
Glaucoma Therapeutic Market Growth, Treatments, Drugs & Forecast 2025 | Top key players - Merck & Co., Inc., Pfizer Inc., AbbVie Inc.
The Global Glaucoma Therapeutics Market size reached USD 6.1 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 9.3 billion by 2031. The global glaucoma therapeutics market is expected to exhibit a CAGR of 5.7% during the forecast period (2024-2031).The Glaucoma Therapeutic Market, as examined in the DataM Intelligence study, offers a comprehensive overview of the industry, enriched with in-depth insights, historical data, and key statistics. The report provides a thorough analysis of market dynamics, competitive strategies, and leading players, detailing their product offerings, pricing models, financial performance, expansion strategies, and regional presence.
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The Glaucoma Therapeutic Market encompasses drugs, devices, and treatments aimed at managing and slowing the progression of glaucoma, a group of eye conditions causing optic nerve damage and vision loss. It includes medications like eye drops, surgical interventions, and laser therapies designed to reduce intraocular pressure and preserve eyesight in patients worldwide.
Key Development
On June 4, 2023, a Phase 2, double-masked, vehicle-controlled, randomized dose-response study was conducted to assess the safety and ocular hypotensive efficacy of VVN539 Ophthalmic Solution in patients with primary open-angle glaucoma (POAG) or ocular hypertension (OHT). The topical ocular administration of VVN539 demonstrated a clinically and statistically significant reduction in intraocular pressure (IOP) among participants in this first-in-human, dose-controlled, and parallel trial.
On August 22, 2022, Aerie Pharmaceuticals, Inc., a company specializing in first-in-class ophthalmic therapies, and Alcon, a global leader in eye care, announced a formal merger agreement under which Alcon will acquire Aerie. This strategic acquisition aims to strengthen Alcon's portfolio in innovative ophthalmic treatments.
Major Players Shaping the Glaucoma Therapeutic Market:
The prominent players in Glaucoma Therapeutic market research report are: Merck & Co., Inc., Pfizer Inc., AbbVie Inc., Alcon, Bausch & Lomb, Novartis AG, Inotek Pharmaceuticals, Sun Pharmaceutical Industries Ltd., Astellas Pharma Inc. and Vivavision Biotech Ltd. among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
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Market Segments
By Glaucoma Type: Open Angle Glaucoma, Angle Closure Glaucoma, Congenital Glaucoma, Secondary Glaucoma.
By Drug Type: Prostaglandins, Alpha-Adrenergic Agonists, Beta Blockers, Carbonic Anhydrase Inhibitors, Cholinergic Agents, Others.
By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others.
The Glaucoma Therapeutic industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Glaucoma Therapeutic Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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