Press release
Global Outlook for Glaucoma Therapeutics Market By Key Trends and Analysis 2024
Healthcare providers, across the globe are making notable efforts to offer improved eye care products and services in order to preserve the vision of patients. This has resulted in a significant growth of the glaucoma therapeutics market worldwide. The key players in the global market are focusing on strengthening their drug pipeline of combination drugs is predicted to encourage the growth of the global glaucoma therapeutics market throughout the forecast period. Moreover, the increasing spending capacity of patients and the availability of advanced healthcare infrastructure are projected to supplement the growth of the market in the near future.
According to the research study, in 2015, the global market for glaucoma therapeutics was worth US$5.7 bn. The market is anticipated to reach a value of US$7.6 bn by the end of 2024, registering a healthy 3.40% CAGR between 2016 and 2024.
Obtain Report Details @
http://www.transparencymarketresearch.com/glaucoma-therapeutics-market.html
Rising Demand for Combination Glaucoma Drugs to Encourage Growth
The increasing number of cases of glaucoma and the rising demand for combination glaucoma drugs are some of the vital factors that are likely to encourage the growth of the global market in the next few years. The easy availability of medical insurance coverage for treatment and diagnosis is estimated to create lucrative opportunities for the prominent players operating in the global glaucoma therapeutics market in the coming years. Furthermore, the increasing geriatric population and the rising healthcare expenditure are predicted to fuel the growth of the market. On the contrary, stringent government regulations concerning marketing and approvals and the side effects of glaucoma medications are predicted to restrict the growth of the market in the near future.
On the basis of end use, the hospital segment is estimated to lead the global glaucoma therapeutics market and account for a key share of the overall market in the near future. The rising preference of patients for visiting hospitals as the cost of therapies is comparatively lower is one of the major factors expected to bolster hospital segment in the coming years. The ambulatory surgical center segment is projected to hold a small share of the global glaucoma therapeutics market throughout the forecast period.
Advent of Favorable Reimbursement Policies to Bolster North America Market
From a geographical perspective, in 2015, Europe and North America collectively accounted for a share of 75% of the global glaucoma therapeutics market. According to the research report, the North America is expected to witness a strong growth in the next few years, owing to the rising geriatric population and the availability of several treatment options. In addition, the rising awareness among patients regarding glaucoma and the introduction of favorable reimbursement policies are some of the major factors anticipated to fuel the growth of the North America glaucoma therapeutics market in the next few years.
Furthermore, Europe is anticipated to exhibit a healthy growth rate throughout the forecast period. The substantial growth of this region can be attributed to the growing demand for topical eye drops and the expected launch of the combined medication products. With booming medical tourism, Asia Pacific is projected to grow significantly in the coming few years. On the other hand, the Middle East and Africa and Latin America are estimated to witness sluggish growth in the next few years.
Some of the prominent players operating in the glaucoma therapeutics market across the globe are Allergan Inc., Aristo Pharmaceuticals, Merck & Co., Fera Pharmaceuticals, Teva Pharmaceuticals, Pfizer Inc., Santen Pharmaceuticals, Valeant Pharmaceuticals, Aerie Pharmaceuticals, and Novartis AG. The presence of a strong drugs pipeline for glaucoma therapeutics is anticipated to encourage the growth of the global market in the next few years.
Fill the form for an exclusive sample of this report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16406
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Browse market research blog:
https://tmrresearch.blogspot.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Outlook for Glaucoma Therapeutics Market By Key Trends and Analysis 2024 here
News-ID: 479683 • Views: …
More Releases from TMR - Healthcare
Clinical Trial Management System (CTMS) Market : Projection of Each Major Segmen …
With companies long having realized that the best way to remain competitive in the pharmaceutical industry is by ploughing back of profits into R&D projects, the demand for clinical trial management systems is expected to see an uptick. While this will help impel the market greatly in the coming years, what also needs to be taken into consideration that the cost of implementing such a system may deter investment decisions.
The…
Electronic Health Records Market : Industry Analysis and Detailed Profiles of to …
The global market for electronic health record (EHR) features a largely fragmented vendor landscape, with the presence of a large number of small and large players and the top five companies cumulatively accounting for a nearly 44% of the overall market in 2016. Leading vendors in the global EHR market are adopting inorganic growth strategies such as mergers and acquisitions to expand their reach across high-growth potential regional markets, consolidate…
Fuel Oil Market Intelligence Report Offers Growth Prospects
The global transportation industry has been growing at a significant pace since the past decade. Companies operating in the transportation industry are the largest consumers of the fuel oil. Apart from this, fuel oil also finds application in the petrochemical industry and petroleum refineries. The building materials industry is also on the rise since many years. The demand for fuel oil is expected to increase from the building materials industry.…
Thermoset Resin Market Global Industry Analysis, Trends and Forecast, 2016 - 202 …
The global composite industry has been expanding significantly in terms of production, technological advancements, and developments. Thermoset resin plays a vital role in the composite industry. Thermoset resins are used extensively in the manufacture of composites; these resins are employed in the fabrication of products for end-use industries such as aerospace, automotive, sporting goods, construction, electronics, and wind energy. The thermoset resin market can be segmented into six resin types:…
More Releases for Pharmaceuticals
Cystic fibrosis Market: Epidemiology, Therapies, Companies, DelveInsight | Veron …
Cystic fibrosis therapies, such as TRIKAFTA, SYMDEKO, KALYDECO, VX-121/TEZ/ VX-561, Ensifentrine, and others, are expected to boost the Cystic fibrosis Market in the upcoming years.
DelveInsight has launched a new report on "Cystic fibrosis - Market Insights, Epidemiology, and Market Forecast-2034" that delivers an in-depth understanding of the Cystic fibrosis, historical and forecasted epidemiology as well as the Cystic fibrosis market trends in the United States, EU5 (Germany, Spain, Italy, France,…
Gastritis Drugs Market Size Report 2032 | Regeneron Pharmaceuticals, Sanofi, Han …
DelveInsight's "Gastritis Market Insights, Epidemiology, and Market Forecast -2032" report delivers an in-depth understanding of the Gastritis, historical and forecasted epidemiology as well as the Gastritis market trends in the United States, EU4 (Germany, Spain, Italy, France) and the United Kingdom, and Japan.
Key Takeaways from the Gastritis Market Research Report
• The increase in Gastritis Market Size is a direct consequence of the increasing patient population and anticipated launch of emerging…
Generic Pharmaceuticals Market Set for More Growth| Hikma Pharmaceuticals, Emcur …
Advance Market Analytics published a new research publication on "Generic Pharmaceuticals Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Generic Pharmaceuticals market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Global Halal Pharmaceuticals Market 2019 - CCM Pharmaceuticals, Pharmaniaga, Ros …
This new report by Eon Market Research, titled “Global Halal Pharmaceuticals Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Halal Pharmaceuticals industry at a global as well as regional and country level. Key facts analyzed in this report include the Halal Pharmaceuticals market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study…
Topical Antibiotic Pharmaceuticals Market 2016-2026 | Teva Pharmaceuticals, Perr …
Topical antibiotics are applied to a certain area of the skin to kill infections. Application of topical antibiotics has a number of advantages upon comparison of systemic delivery in the treatment of skin infections. Skin and soft tissue infections (SSTIs) involve microbial invasion of the skin and underlying soft tissues infections are one of the most commonly occurring conditions amongst people. Most of these infections are minor and chronic in…
Lipid Disorder Treatment Market to 2017 - 2026: Teva Pharmaceuticals, Mylan Phar …
Researchmoz added Most up-to-date research on "Lipid Disorder Treatment Market - Global Industry Analysis, Share, Size, Growth, Trends and Forecast 2017 - 2026" to its huge collection of research reports
Extensive research report on global lipid disorders treatment market skilfully crafted by Transparency Market Research depicts the current as well as future scenario of various drugs used to treat lipid disorders. The research study includes analysis on key developments that are…
